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BASF is now a European company

With the entry of the company name in the commercial register of the Ludwigshafen district court on 14th January 2008, BASF Aktiengesellschaft’s transformation to a European company was officially completed.

As of 14th January 2008, BASF’s new name is BASF SE (Societas Europaea). The transformation process has therefore taken less than 12 months: The change was approved at the Annual General Meeting on 26th April 2007, and an employee participation agreement was reached with employee representatives in mid-November 2007. The newly constituted BASF SE Supervisory Board appointed the members of the Board of the Directors of BASF SE on 5th December 2007. The new commercial register number is HRB 6000.

Vice Chairman of BASF SE, Eggert Voscherau (Photo: BASF SE)

At a ceremony at the Ludwigshafen district court, Eggert Voscherau, Vice Chairman of the Board of Directors of BASF SE, thanked everyone involved in the transformation process: “This is an historic day for BASF and its employees. We are the first company in our sector to embody the idea of Europe in its legal status. At the same time, we are working on strengthening the involvement of European employees and improving our corporate governance.

The BASF Supervisory Board now consists of 12 members: six shareholder representatives and six employee representatives. The first Supervisory Board will remain in place until the Annual General Meeting in 2009. Also with immediate effect, BASF SE has established a new European works council (BASF Europa Betriebsrat) consisting of 23 members from 12 European countries. The headquarters and chief administrative offices of BASF SE will remain in Ludwigshafen, Germany.

Website address: https://www.biooekonomie-bw.de/en/articles/pm/basf-is-now-a-european-company