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.
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.