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Feed/BUD2009/2183(BUD)Finance & Budget

EGF Mobilisation: SE/Volvo, AT/Steiermark, NL/Heijmans

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 202mo ago
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This procedure involves the activation of the European Globalisation Adjustment Fund (EGF). The fund provides financial assistance to member states to help workers who have lost their jobs due to major structural changes in the global economy, such as industrial restructuring or relocation of production.

The support specifically targets displaced workers in the motor vehicle and building industries in Sweden (Volvo), Austria (Steiermark), and the Netherlands (Heijmans), providing resources for retraining and reintegration into the workforce.