text: Council Directive 2001/86/EC of 8 October 2001 supplementing the Statute for a European company with regard to the involvement of employees.
  See also: Europa's collection of press releases, regulations, directives and FAQs on the European Company Statute.
  United Kingdom
  Following the withdrawal of the UK from the European Union, any SE registered in the United Kingdom converted to a United Kingdom Societas and UK Societas replaced SE in its name. UK Societas retain many of the elements from the SE framework but importantly without the ability to transfer their registered office outside of the UK.
  Employee participation
  The regulation is complemented by the Council Directive supplementing the Statute for a European Company with regard to the involvement of employees (informally "Council Directive on Employee Participation"), adopted 8 October 2001. The directive establishes rules on worker involvement in the management of the SE.
  EU member states differ in the degree of worker involvement in corporate management. In Germany, most large corporations are required to allow employees to elect a certain percentage of seats on the supervisory board. Other member states have no such requirement, and furthermore in these states such practices are largely unknown and considered a threat to the rights of management.