Alu Ibérica - Main contents

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dossier	COM(2023)129 - Globalisation Fund application from Spain - EGF/2022/003 ES/Alu Ibérica.
document	COM(2023)129
date	May 10, 2023

(1) The European Globalisation Adjustment Fund for Displaced Workers (EGF) aims to demonstrate solidarity and promote decent and sustainable employment in the Union by providing support for workers made redundant and self-employed persons whose activity has ceased in the case of major restructuring events and assisting them in returning to decent and sustainable employment as soon as possible.

(2) The EGF is not to exceed a maximum annual amount of EUR 186 million (in 2018 prices), as laid down in Article 8 of Council Regulation (EU, Euratom) 2020/2093 ⁴⁷ and Article 16 of Regulation (EU) 2021/691.

(3) On 30 November 2022, Spain submitted an application to mobilise the EGF, in respect of worker’s displacements in Alu Ibérica LC S.L. in Spain. It was supplemented by additional information provided in accordance with Article 8(5) of Regulation (EU) 2021/691. That application complies with the conditions for a financial contribution from the EGF as laid down in Article 13 of Regulation (EU) 2021/691.

(4) The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 1 275 000 in respect of the application submitted by Spain.

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