S.L. 452.86 Art. 2meet with the on the basis of a business of the and its in particular of the trend of organization, transfers of or

(1) The European Works Council shall have the right to central management once a year, to be informed and consulted, report drawn up by the central management, on the progress of the community-scale undertakings or community-scale group of undertakings prospects and the local managements shall be informed accordingly.

(2) The meeting referred to in the preceding paragraph shall relate to the structure, economic and financial situation, the probable development business and of production and sales, the situation and probable employment, investments, and substantial changes concerning introduction of new working methods or production processes, production, mergers, cut-backs or closures of undertakings, establishments important parts thereof, and collective redundancies.