Hainaut steel (Duferco-NLMK from Belgium) - Main contents

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier	COM(2014)725 - Globalisation Fund application EGF/2013/007 BE/Hainaut steel (Duferco-NLMK from Belgium).
document	COM(2014)725
date	March 11, 2015

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 EGF shall not exceed a maximum annual amount of EUR 150 million (2011 prices), as laid down in Article 12 of Council Regulation (EU, Euratom) No 1311/2013 of 2 December 2013 laying down the multiannual financial framework for the years 2014-2020 (3).

(3)

Belgium submitted an application to mobilise the EGF, in respect of redundancies in the enterprises Duferco Belgium SA and NLMK La Louvière SA, on 27 September 2013 and supplemented it by additional information up to 4 July 2014. This application complies with the requirements for determining the financial contributions as laid down in Article 10 of Regulation (EC) No 1927/2006.

(4)	The EGF should, therefore, be mobilised in order to provide a financial contribution of an amount of EUR 981 956 for the application submitted by Belgium,