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Feed/BUD2010/2164(BUD)Finance & Budget

EGF Mobilisation: Qimonda/Portugal

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 192mo ago
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This procedure concerns the activation of the European Globalisation Adjustment Fund (EGF) to support workers in Portugal. It aims to provide financial assistance to employees who lost their jobs due to the restructuring and closure of Qimonda, a company in the electronics and ICT sector affected by global competition.

The funding is targeted at redundant workers in the electronics and electrotechnical industries. It provides resources for retraining, vocational education, and job-search assistance to help affected individuals return to the workforce.