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Fuziunea transfrontalieră a societătilor comerciale (ii)
Cross-border Mergence of Companies (II)

Author(s): Andreea Corina Tarsia
Subject(s): Law, Constitution, Jurisprudence
Published by: Universul Juridic
Keywords: cross-border merger; involvement of employees; merger project, publicity formalities

Summary/Abstract: The concentration of capital through mergers and acquisitions helps the improvement of the economic and social situation by removing barriers to trade and adjustment of production structures to the Community dimension of the market. In achieving this goal, not only the activity and establishment, but also the operation of the Company must be designed to meet both existing needs at local or regional level, but especially to be able to reorganize their structure according to the planned activity at Community level. Having as result the increase of the dimension and the accentuation of the mobility of commercial companies1, mergers and acquisitions reflect in a pregnant manner, the impact of globalization within the European Union. In this sense, the development strategy through concentration of capital may have the effect of converting the status of national company in European company and even in international company. To achieve these goals is necessary ensuring compliance with the protection of employees' rights regarding their involvement in the company's activity, as well as following the necessary steps to enforceability of the merger erga omnes, to protect creditors of the company involved and produce the legal effects that are expected.

  • Issue Year: 2009
  • Issue No: 01
  • Page Range: 144-152
  • Page Count: 9
  • Language: Romanian
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