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EU Globalisation Fund pays €40 million to Belgium, Sweden, Ireland, Austria and the Netherlands

02/03/2010

The European Commission will make payments from the European Globalisation adjustment Fund (EGF) of almost € 40 million to help nearly 7,000 dismissed workers in four different sectors:

  • Textiles in Belgium (two cases): €9.2 million will help 2,199 dismissed workers in 46 different textile companies in East and West Flanders and Limburg (see IP/09/1293 Choose translations of the previous link ).
  • Car industry in Austria and Sweden: €9.8 million will support 1,500 former workers of Volvo and its suppliers in Sweden ( IP/09/1556 Choose translations of the previous link ). A further €5.7 million will support 400 workers of nine automotive manufacturers located in the Austrian region of Styria ( IP/09/1555 Choose translations of the previous link ).
  • Computers in Ireland: €14.8 million will help 2,400 former Dell workers in Ireland find new jobs ( IP/09/1336 Choose translations of the previous link ).
  • Construction Netherlands: 435 former workers of Heijmans N.V. - a company operating in the construction sector - will receive help worth €386,114 ( IP/09/1505 Choose translations of the previous link ). 

These six cases are the first batch to be approved and paid under the amended EGF Regulation. Contrary to previous EGF payments, they will have 24 months to implement the measures, as opposed to the previous deadline of 12 months. The EGF is co-financing active labour market policy measures, specific to the needs of the workers in each of the sectors, such as occupational guidance, job search assistance and job search allowances, the promotion of entrepreneurship as well as training and incentives for companies recruiting redundant workers.