Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-07-Speech-3-273"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-10-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Report on the application of Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE) (debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20091007.24.3-273"2
lpv:hasSubsequent	lp_eu:2009-10-07-Speech-3-2742
lpv:speaker	lp:George Sabin Cutaș2
lpv:spokenAs	member; Delegation for relations with the Korean Peninsula (2009-09-16--2014-06-30)3 substitute; INTA (2009-07-16--2012-01-18)3 substitute; Delegation for relations with Iran (2009-09-16--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 member; S&D (2009-07-14--2014-06-30)3 unknown; Partidul Social Democrat + Partidul Conservator (2009-07-14--2014-02-25)3
lpv:translated text	"The concept of a European company dates way back to the 1950s and was revived after the Treaty of Rome came into force as part of the objective of a common market. The current Statute for a European company is of symbolic value to a European undertaking. It offers the benefit of a certain free rein in terms of establishing the company and its mobility. Many companies use the Statute for a European company to highlight the company’s unique European character, making it, at the same time, a key instrument for companies looking to develop cross-border merger strategies. In fact, one of the main benefits of a European company is that its registered office can be transferred from the Member State where it was registered to another Member State without having to wind down the company or create a new legal entity. However, the European company is far removed from the initial objectives of an autonomous status governed by a single legislation. As a result, its practical operation is inadequate. The legislation is not applied consistently and relies on the specific provisions of the national legislations, while the European company’s mobility is restricted by the provisions which ban the establishment of registered offices or head offices in different Member States. Indeed, this situation restricts one of the Community’s basic freedoms, the free movement of companies. I think that the European Commission’s report on the application of the regulation, as mentioned by the Commissioner, will need to include a survey on the possibility of locating a European company’s central administration and registered office in different Member States. A review of the regulation will also need to be considered in order to move further towards creating an autonomous status for this type of company."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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