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dossier	COM(2016)622 - Globalisation Fund application from Estonia- EGF/2016/003 EE/petroleum and chemicals.
document	COM(2016)622
date	November 23, 2016

table>(1)The European Globalisation Adjustment Fund (‘EGF’) aims to provide support for workers made redundant and self-employed persons whose activity has ceased as a result of major structural changes in world trade patterns due to globalisation, as a result of a continuation of the global financial and economic crisis, or as a result of a new global financial and economic crisis, and to assist them with their reintegration into the labour market.

(2)	The EGF is not to 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 (3).

(3)

On 11 May 2016, Estonia submitted an application to mobilise the EGF, in respect of redundancies in Eesti Energia AS, Nitrofert AS and Viru Keemia Grupp AS in Estonia. It was supplemented by additional information provided in accordance with Article 8(3) of Regulation (EU) No 1309/2013. That application complies with the requirements for determining a financial contribution from the EGF as laid down in Article 13 of Regulation (EU) No 1309/2013.

(4)	In accordance with Article 4(2) of Regulation (EU) No 1309/2013, the application from Estonia is considered admissible since the redundancies have a serious impact on employment and the local and regional economy.

(5)	The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 1 131 358 in respect of the application submitted by Estonia.

(6)	In order to minimise the time taken to mobilise the EGF, this decision should apply from the date of its adoption,