Home / Knowledge / News / Textiles / EGF pays €35 mn to help redundant textile workers in Italy
EGF pays €35 mn to help redundant textile workers in Italy
16
Dec '08
Mr Vladimír Špidla, EU Commissioner for Employment, Social Affairs & Equal Opportunities
Mr Vladimír Špidla, EU Commissioner for Employment, Social Affairs & Equal Opportunities
The European Commission has made four payments to Italy from the European Globalisation adjustment Fund (EGF). The total of € 35.16 million will help almost 6 000 workers in the textile sector back into employment.

These workers were made redundant in mainly small businesses located in Sardinia, Piedmont, Lombardy and Tuscany. The redundancies follow the general shift of clothing and accessories production in the European Union towards lower-cost non-EU countries. The payment follows approval by the Budgetary Authority (the European Parliament and the Council) on 19 November.

Vladimír Špidla, EU Commissioner for Employment, Social Affairs and Equal Opportunities said: "These payments, the biggest from the European Globalisation Adjustment Fund so far, benefit workers from more than 800 businesses and show that the EGF can provide support to workers from small and medium sized enterprises as well as those from large companies. These funds are helping almost 6000 workers, who have lost their jobs as a result of globalisation, to find their way back into work more easily and rapidly".

The Italian applications, approved by the Commission in September 2008 cover 5,955 dismissals: 1,044 in Sardinia (in 5 enterprises), 1,537 in Piedmont (in 202 enterprises), 1,816 redundancies in Lombardy (in 190 enterprises) and 1,558 in Tuscany (in 461 enterprises).

The redundancies follow the general shift of clothing and accessories production in the European Union towards lower-cost non-EU countries and the increase of imports of cheap textiles from low-wage economies, largely in Asia.

The EGF is co-financing active labour market policy measures, specific to the needs of the workers in each of the four affected regions, such as occupational guidance, job search assistance and job search allowances, entrepreneurship promotion, training vouchers and incentives for companies recruiting redundant workers.

European Commission

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eric Scholler
Groz-Beckert

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search