Appeal proceedings before the Higher Labour Court about to be deferred
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Discussions on employee participation agreement
Stuttgart, 16 December 2008. According to the estimations of employee representatives of Volkswagen AG, Wolfsburg, and Dr. Ing. h.c. F. AG, Stuttgart conciliation on the employee participation agreement discussions in the , being moderated by IG Metall, is within sight. Hence the Executive Board of SE as well as the works councils of Volkswagen and have agreed to ask the Court for a deferral of the appeal proceedings scheduled for Friday before the Higher Labour Court of Baden-Württemberg. In this way all of the parties would have gained some time to negotiate a possible conciliation. The contents of the discussions are being kept under a mantle of total silence.
K-GO