Luxembourg implements law on European cooperative societies
The legal form known as the European cooperative society (SCE) was introduced by the EU SCE Regulation (1435/2003) and EU Directive 2003/72/EC (which supplements the regulation with regard to employee involvement) in order to provide a structure through which cooperatives in the European Union – at that time numbering approximately 130,000 – could more easily carry out cross-border activities in other EU member states.
Source: ILO - August 2014