Thursday, March 1, 2012

Worker Coops Increase in Europe Since Financial Crisis

Economic Survey 2011 - First indication
The most recent numbers show that employee ownership was continuously progressing across Europe since the financial crisis. This is the main conclusion of the economic survey of employee ownership in the European countries in 2011. The conclusion was the same in 2010, we have thus a confirmation.
In 2011, 9.9 million employee owners held 232 billion Euro in their companies' shares compared to 9.5 million holding 197 billion Euro one year before.
The number of employee owners increased more in Spain, Sweden, Denmark and France, while it was decreasing in Italy, Greece, Portugal as well as in Germany, Belgium and Ireland.
The survey brings an exhaustive information. It is based on the census of the 2.505 largest European companies employing 32.8 million people in 2011 (compared to 32.4 million in 2010).
The full results will be published in May 2012.

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