Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-316-750"
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"en.20110705.34.2-316-750"2
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"Regulation (EC) No 1927/2006 of the European Parliament and the Council of 20 December 2006 established the European Globalisation Adjustment Fund (EGF) with the aim of supporting workers who lose their jobs due to structural changes in the context of the global economy. The enterprise LM Glasfiber, based in the region of Syddanmark in Denmark, has faced severe difficulties due to changes in the wind turbine market, the economic and financial crisis and the sudden reduction in EU demand in favour of Asia. In view of this, LM Glasfiber deemed it appropriate to reduce its production facilities in Lunderskov and Hammelev and to establish a strategic partnership with a Chinese company. The Commission proposes to allocate EUR 6 247 415 to the enterprise manufacturing machinery and equipment with the aim of providing financial assistance to the 1 650 workers who have been made redundant, of which 825 are targeted for direct assistance. Finally, I should like to stress that the EGF should not be a substitute for the legal and financial responsibilities of the enterprise LM Glasfiber, that the financial aid should be given to the affected workers as quickly as possible, and that the Commission should make every effort to expedite the process of mobilising the EGF for the Member States."@en1
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