Saab from Sweden - Main contents

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dossier	COM(2012)622 - Globalisation Fund application EGF/2012/005 SE/Saab from Sweden.
document	COM(2012)622
date	December 12, 2012

table>(1)The European Globalisation Adjustment Fund (EGF) was established to provide additional support for workers made redundant as a result of major structural changes in world trade patterns due to globalisation and to assist them with their reintegration into the labour market.

(2)	The Interinstitutional Agreement of 17 May 2006 allows the mobilisation of the EGF within the annual ceiling of EUR 500 million.

(3)

Sweden submitted an application on 25 May 2012 to mobilise the EGF in respect of redundancies in the enterprise Saab Automobile SA, one of its subsidiaries and 16 of its suppliers, and supplemented it by additional information up to 20 August 2012. This application complies with the requirements for determining the financial contributions as laid down in Article 10 of Regulation (EC) No 1927/2006. The Commission, therefore, proposes to mobilise an amount of EUR 5 454 560.

(4)	The EGF should, therefore, be mobilised in order to provide a financial contribution for the application submitted by Sweden,