Auchan Holding honoured with the 2016 FAS Grand Prix for employee shareholding

Croix Cedex, France, 2016-Dec-19 — /EPR Retail News/ — For its first participation at the Awards, Auchan Holding received the 2016 FAS Grand Prix for employee shareholding from Michel Sapin, the French Minister of Economy and Finance.

The 2016 FAS Grand Prix for employee shareholding was created in 2004 and is organised every year by the French Federation of Employee and Former Employee Shareholder Associations to showcase and encourage the best practices about employee shareholding in French companies, operating both in France and internationally.

Chosen by an independant jury, Auchan Holding, a non-isted company, was rewarded for having implemented locally its employee shareholding programme as closely as possible to the needs of every employee in each of the 8 countries where employee shareholding is offered.

Since being established in 1977, the employee shareholding programme has become one of the cornerstones of the Auchan Holding companies (Auchan Retail, Immochan and Oney Bank). It today offers to more than 180,000 employee shareholders, representing more than 90% of the potential beneficiaries of the programme and more than 1.5 billion euros in assets, the opportunity to share the value created by their company.

Source: Auchan Holdings