The European Commission has proposed to mobilise €8.5 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF) to help 5,800 workers dismissed after the bankruptcy of Northvolt in Sweden. Founded in 2016, Northvolt faced major production challenges and global oversupply in the battery market. Its bankruptcy in March 2025 led to nearly 6,500 job losses. […]
303 workers made redundant from Alu Ibérica in Galicia receive 1.2 million euros in aid
303 former employees of aluminium producer Alu Ibérica in the Galicia region in Spain should receive €1.2 million in EU aid after the company declared bankruptcy. On Monday, the Committee on Budgets approved Spain’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF). MEPs acknowledged that “the COVID-19 pandemic and the Russian war […]
Brussels funds 2.8 million to relocate dismissed Nissan workers
This funding will help redundant workers find new jobs through tailored guidance and counselling, support in developing new skills and help in starting their own business. Spain applied for EGF support to help laid off workers at ten Nissan suppliers in the car industry, following Nissan’s announcement to close its production plant in Catalonia, as […]
€1.4 million to support dismissed workers in automotive sector in Spain
The European Commission proposes to support 320 dismissed workers in the automotive sector in the Aragón region in Spain, who lost their jobs due to the COVID-19 pandemic. The proposed €1.4 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF) will help these people find new jobs through further education or training. The […]