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Categoria: OpenCorporation Observatory

FCA-PSA merger: the reason why there will be two workers’ representatives on the Board of Directors

by Volker Telljohann, IRES Emilia-Romagna

On 17 December the so-called ‘combination agreement’ between FCA and PSA was signed, which will lead in about a year’s time to the merger of the two groups. Much emphasis has been placed in the Italian media on the fact that there will also be two workers’ representatives on the Board of Directors (BoD) of the new group, one for PSA and one for FCA. How can we explain this news?

Fusione FCA-PSA: ecco perché ci saranno due rappresentanti dei lavoratori nel Cda

di Volker Telljohann

Il 17 dicembre è stato siglato il cosiddetto ‘combination agreement’ tra FCA e PSA che porterà tra circa un anno alla fusione dei due gruppi. Nei media italiani è stato dato molto risalto al fatto che nel Consiglio di amministrazione (Cda) del nuovo gruppo ci saranno anche due rappresentanti dei lavoratori, uno per PSA e uno per FCA. Come si spiega questa nuova postura partecipativa del Gruppo Fca?

Post-democracy: what would happen if companies became parties?

The European Parliament has just been elected and is in the process of taking office. We propose an “original reading” of some data. In Brussels and the surrounding area, it is estimated that there are at least 20,000 lobbyists, of whom around 12,000 are registered in the special transparency register set up on 3 October 2018 with the obligation for the 751 MEPs – to which all European Commissioners, including their heads of cabinet and directors-general, are subject – to make meetings with “registered lobbyists” public.