After a relatively quiet summer period, there has been movement again in the ‘SE market’ in the past two months. In total, 36 SEs have been added to the database since the previous update (1 September 2010). At the time of writing, the ECDB (SE Factsheets) provides information on 658 established and 18 planned SEs.

Five new and four previously registered companies were added to the ‘normal’ category. The number of ‘normal’ companies is currently 166. Four recently established ‘normal’ SEs were registered in Germany (former ‘planned’ companies), all formed by conversion and retaining their two-tier systems. Kaldron SE was also formed by conversion (previously Kaldron N.V.) in the Netherlands. As regards employee involvement in these companies, little is known so far. The supervisory board of Germanischer Lloyd SE consists of an unchanged nine members, with six shareholder and three employee representatives.

To summarise the current numbers (September 2010 figures in brackets), there are: 658 (622) established SEs, of which:

• 166 (157) normal;

• 83 (79) empty;

• 344 (316) UFO;

• 65 (70) shelf.

For more information visit the SE Factsheet website.