Home / Knowledge / News / Textiles / 5,955 Italian textile workers to get help from EU Globalisation Fund
5,955 Italian textile workers to get help from EU Globalisation Fund
19
Sep '08
The European Commission has approved four applications from Italy for assistance under the European Globalisation adjustment Fund (EGF).

The Commission will now make a proposal to the European Parliament and the Council to mobilise the budgetary resources. The funding will help almost 6,000 workers in the textiles sector back into employment. The applications – for a total of €35,158,075 – concern workers made redundant in a large number of mainly small enterprises in four different Italian regions: Sardinia, Piedmont, Lombardy and Tuscany.

"These applications go to show that the Fund benefits workers from small and medium sized enterprises as well as those from large companies," said European Employment Commissioner Vladimír Špidla.

"Globalised trade and production bring growth and employment for most of us, but some can also be negatively affected. These workers fall into the second category, and I'm pleased that we have been able to recommend the Italian applications to the Parliament and to the Council."

For their approval by the Commission, the four Italian applications were grouped together as they all relate to the textile industry. The application from Sardinia concerns 1,044 dismissals in five different textile companies; the application for Piedmont concerns 1,537 redundancies in 202 companies; the application for Lombardy concerns 1,816 redundancies in 190 companies and the application for Tuscany concerns 1,558 redundancies in 461 companies.

The redundancies follow radical changes in worldwide textile production. Large scale restructuring in the European textiles and clothing industry began in the 1990s. The Italian redundancies follow the general shift of clothing and accessories production in the European Union towards lower-cost non-EU countries.

The European Commission

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search