Appeal proceedings before the Higher Labour Court about to be deferred
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. Porsche AG, Stuttgart conciliation on the employee participation agreement discussions in the 色花堂, being moderated by IG Metall, is within sight. Hence the Executive Board of Porsche 色花堂 as well as the works councils of Volkswagen and Porsche have agreed to ask the Court for a deferral of the appeal proceedings scheduled for Friday before the Higher Labour Court of Baden-W眉rttemberg. 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