READ COOP SCE
The READ COOP SCE with limited liability was established on 1st of July 2019 in order to sustain and further develop the Transkribus platform. We are convinced that the legal model of a European Cooperative Society gives us the opportunity to carry out our work in a highly efficient, open and democratic way.
READ-COOP is based on the EU directive of a European Cooperative Society (SCE) but it is open to members outside of the European Community as well.
An SCE
- is a legal entity that allows its members to carry out common activities, while preserving their independence
- has the principal objective of satisfying its members’ needs and not the return of capital investment
- allows members to benefit proportionally to their profit and not to their capital contribution.