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The European Commission has today proposed to provide Finland with €5.3m from the European Globalisation Adjustment Fund (EGF) to help 1000 workers made redundant by Nokia plc with their return to employment.
The proposal now goes to the European Parliament and the EU's Council of Ministers for their approval.
The Finnish application relates to 1000 people made redundant by Nokia plc (Salo). All the redundant workers are expected to participate in the EGF co-funded measures. The package aims to help the workers by offering them job-search counselling, career guidance, vocational and competence mapping, work-capacity evaluations training and retraining, steering towards entrepreneurship and services for new entrepreneurs (as well as support for starting independent business operations), pay subsidies and mobility assistance.
The total estimated cost of the package is approximately €10.6 million, of which the EGF would provide half, i.e. €5.3 million.
The Commission has also proposed today to offer support from the EGF to workers made redundant by Nokia in Romania. In both cases the redundancies are driven by a transfer of production from Europe to Asia.