Nokia from Finland - Main contents

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dossier	COM(2013)707 - Globalisation Fund application EGF/2013/001 FI/Nokia from Finland.
document	COM(2013)707
date	December 11, 2013

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)

Finlandsubmitted an application on 1 February 2013 to mobilise the EGF, in respect of redundancies in the enterprise Nokia plc, Nokia Siemens Networks and 30 of its subcontractors, and supplemented it by additional information up to 21 August 2013. 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 9 810 000.

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