The European company – an efficient instrument of cross-border cohesion

The dynamic development of the integration processes between the EU countries in the new economic and social realities necessitate the removal of trade barriers and the deepening of economic democracy. These conditions give rise to the need for the formation of a new type of legal-organisational entities. Such a structure is the European Company (EC), which is also referred to as the European Public Limited Company or by the Latin name Societas Europaea (SE).