Mobilisation of the European Globalisation Adjustment Fund: redundancies in the shilbuilding sector in Denmark

The Council adopted two decisions mobilising an amount of EUR 20.4 million under the European Globalisation Adjustment Fund (EGF) for workers made redundant in Denmark:

• an amount of EUR 14.2 million is allocated for dismissed workers in the enterprise Odense Steel Shipyard, arising from major structural changes in world trade patterns and a decrease in demand for cargo ships as a consequence of the global financial and economic crisis;
• a further EUR 6.2 million will be spent for dismissed workers in the enterprise LM Glasfiber because of a decrease in demand for wind turbines in connection with the crisis.