Mobilisation of the European Globalisation Adjustment Fund: application EGF/2025/005 AT/KTM – Austria

PURPOSE

Mobilisation of the European Globalisation Adjustment Fund for Displaced Workers (EGF) to provide financial support in response to worker displacements at KTM Gruppe in Austria, following an application submitted by Austria (EGF/2025/005 AT/KTM).

NON-LEGISLATIVE ACT

Decision (EU) 2026/850 of the European Parliament and of the Council of 26 March 2026 on the mobilisation of the European Globalisation Adjustment Fund for Displaced Workers following an application from Austria – EGF/2025/005 AT/KTM.

CONTENT

The Decision mobilises the EGF to demonstrate Union solidarity and promote decent and sustainable employment by supporting workers made redundant and self‑employed persons whose activity has ceased due to major restructuring events.
Austria submitted an application on 15 September 2025 for EGF support in relation to worker displacements at KTM Gruppe in Austria. The application was supplemented by additional information and was assessed by the Commission as meeting the conditions for a financial contribution under Regulation (EU) 2021/691.
For the general budget of the Union for the financial year 2026, the EGF is mobilised to provide an amount of EUR 1 806 624 in commitment and payment appropriations in respect of this application.

ENTRY INTO FORCE

The Decision enters into force on the day of its publication in the Official Journal of the European Union, i.e. 13 April 2026.

APPLICATION DATE

The Decision applies from 26 March 2026.

This summary was AI-generated and human-reviewed.