Europen cooperative is the youngest trans-national form of business. The Europen cooperative in many respects follows the European society, which brings the concept of classical company. The mandatory requirement of European co-operative company is the appendix "SCE".
The basic principle of SCE is set by the Council Regulation No EC 1435/2003. It assumes issuance of national legislation to implement it in areas which are expressly referred to. The share of employees in the management of SCE is regulated by Directive 2003/72/EC. Both regulations take effect three years after the date of their publication in the Official Journal of the EC - the date of August 18, 2006.