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Press Releases

New legal status: XING to become a European company

News

Hamburg, 15 September, 2017 – Almost 14 years after the company was founded, XING, operator of the German-speaking world's leading network for professionals, has completed its transformation from having German legal status to European legal status. The dynamically growing company based in Hamburg currently has offices in Barcelona, Zurich, Munich, and Vienna. The Group's workforce of around 1,000 spans more than 40 nationalities.

XING CEO Thomas Vollmoeller: "An essential component of our flourishing corporate identity and our success is that people from around 40 countries work together at XING every day. We consider ourselves to be a European company, and we have now underscored this sentiment with our successful conversion to a Societas Europaea. This will also make takeovers and establishing start-ups within the European Union much simpler – a clear advantage for our expansion strategy."

The conversion to XING SE was decided during XING's Annual General Meeting on 16 May this year, and has now been formally completed with its entry in the commercial register. Responsibilities and the composition of Management and Supervisory Boards will remain unaffected by the new structure.

 

About XING                                                                                                                                        

The leading online business network in German-speaking countries supports its members in mastering the transformations taking place in the world of work. XING helps its more than 12 million members to balance their professional and private life as well as possible within an environment defined by a lack of skilled workers, digitalisation and changing values. To this end, members can visit XING Jobs to look for vacancies that appeal to them, stay up to date with news offers by XING, or browse the German-language portal XING spielraum to find out about the trends and changes taking place in the new world of work. At the start of 2013, XING acquired kununu, which as the principal employer review platform in German-speaking countries served to strengthen XING’s leading position within the field of social recruiting. XING was founded in Hamburg, Germany, in 2003, has been publicly listed since 2006, and listed on the TecDAX since September 2011. Members can meet and exchange views in around 80,000 groups, while also getting together at more than 150,000 business-related events every year. XING has offices in Hamburg, Munich, Barcelona, Vienna und Zurich. Visit www.xing.com for more Information.