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Fuziunea transfrontalieră a societăţilor comerciale (i)
The cross-border merger of companies (I)

Author(s): Andreea Corina Tarsia
Subject(s): Law, Constitution, Jurisprudence
Published by: Universul Juridic
Keywords: cross-border merger; joint-stock company (JSC); sleeping partners company (SPC); company with limited liability (LLC); European company (EC)

Summary/Abstract: Free competition on the European single market implies free movement of capital conjugate with market rules and stimulating foreign investments, in terms of protection of consumers and shareholders. In order to harmonize and render uniform laws of the Member States in fields of common interest, the EC Directive no. 2005/56 of 26 October 2005 on crossborder mergers of companies expressly states".. the objective of the proposed action”, establishing “.. the rules with common elements to the transnational level ..”, reiterating the objective of “…removal of barriers to trade and adaptation of production structures in the size of the Community”, which is expressed in the preamble to Regulation (EC) no. 2157/2001 of 8 October 2001 regarding the status of the European company (SE). Reorganization by co penetration of patrimonies is very important for achieving goals of great scale on which these companies are planning to extend the work, acquiring new clientele and maximize profits.

  • Issue Year: 2008
  • Issue No: 02
  • Page Range: 148-156
  • Page Count: 9
  • Language: Romanian