Affiliated to CEC - European Managers

Agreement on participation in BASF SE (European Company)

The new "BASF European Works Council" at European level allows information and consultation of workers (including executives) on transnational questions. Its 23 members come from twelve European countries. A representative of the executives will also take part at the future "BASF European Works Council". FECCIA as European Federation of managerial staff in the Chemical Industries, VAA in Germany and the committee of spokesman of the executives of BASF S.A. regard this agreement as a major success.  

In the future, the joint supervisory board of BASF SE will only include twelve members instead of twenty currently. The executives will lose their seat in the supervisory board of the company among the six staff representatives, included one from Belgium. FECCIA and VAA regard this as a significant loss of plurality of staff participation in the supervisory board.

The signatures of these agreements on the new "BASF European Works Council" and on workers representation in the Supervisory Board were on 15th November 2007. Company management and the 29 members of the "special negotiation body", formed by workers representatives of European locations of BASF Group - with the participation of a representative of the German executives - agreed these new regulations.

To reinforce expression of managerial staff at European level, the managers in subsidiary companies of BASF in Europe will constitute a Committee of European Managers with the support of FECCIA, VAA and other members Federations of FECCIA and CEC.