Our future company will become a Societas Europaea (SE).
The Societas Europaea (SE) is a special type of public company that applies across Europe. It was introduced in 2004 to give companies in European countries the same legal rules. Many big German companies, like Allianz, BASF, SAP, Brenntag, and E.ON, have chosen this legal form.
Our future independent company will become an SE. This means that Continental Automotive has previously been a stock corporation and will in the future be a European Company (SE). As a result, an internationally composed supervisory board with members from various European countries will be possible.
Important for all employees: Even after the transformation into an SE, national co-determination will remain in place—both in day-to-day operations and in key corporate decisions.