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Business * Germany - Volkswagen said to consider Netherlands as future trucks HQ
Wolfsburg, Germany -Monsters and Critics.com (Glasgow,UK)/Frankfurter Allgemeine Sonntagszeitung -Feb 18, 2007: -- Volkswagen, the German automotive group, is considering locating a joint-venture truck-making subsidiary in the Netherlands, a report Sunday in the German newspaper said... Incorporating the company in the Netherlands would be a token gesture to Scania's major Swedish shareholders who resent all talk of a German takeover, but might accept ownership from a third country. They have already rejected a takeover bid from MAN... A head office in the Netherlands would also be advantageous for tax reasons and to steer clear of a German legal requirement to grant board seats to labour representatives, the newspaper said...
Labels: business
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