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SOCIEDADES LABORALES (SPANISH EMPLOYEE OWNED COMPANIES)

Years ago, Spain set up a new original corporate model - the Sociedades Laborales (SAL) - employee owned companies. This model allowed Spain to create more than 17.000 new companies, with 105.000 jobs within the last ten years, in all regions, all sectors in industry and services. A major success ! At the origin, they were mainly rescue plans for enterprises in difficulties. Could it be possible to apply this model in other countries? There is a growing interest in Belgium.

A lot of information are available in English on the website of the Spanish Confederation of employee-owned companies CONFESAL, through its newspaper in English version www.economiasocial.net

Miguel Millana, the President of CONFESAL, gives here two presentations:
Presentation on employee owned Sociedades Laborales by Miguel Millana, in English (PDF)
Presentation on employee owned Sociedades Laborales by Miguel Millana, in English (Powerpoint)

Click here for the Spanish Law of 1997 about the Sociedades Laborales in English, in Italiano, in Deutsch , en Español (PDF)

06.03.2008: Anthony Jensen, University of Sydney - Spain pioneers Sustainable Democratic Corporate Governance Business Model with Sociedades Laborales


 

 

 

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CONTACT :
Marc Mathieu
Avenue Voltaire 135, B-1030 Brussels
Tel/fax: +32 (0)2 242 64 30
marcmathieu@marcmathieu.be