Commission proposes almost €1.8 million from Globalisation Fund to support former Volvo Trucks workers in Sweden

The European Commission has proposed to provide Sweden with almost €1.8 million from the European Globalisation Adjustment Fund (EGF) to help 500 former workers of Volvo Trucks in the region of Västerbotten, Sweden, to find new jobs. Marianne Thyssen, EU Commissioner for Employment, Social Affairs, Skills and Labour Mobility, commented: “Redundancies like these are major shocks to regional economies, especially in sparsely populated regions such as Västerbotten. EU solidarity is there to help the dismissed workers upgrade their skills and prepare for new opportunities. It is important for us to support them in this way and to help them find new job opportunities.” Sweden applied for support from the EGF following the dismissal of 647 workers from Volvo Trucks EMEA and four suppliers directly affected by the dismissals at Volvo Trucks. These job losses were the result of serious disruptions in commercial vehicles’ trade in recent years. The measures co-financed by the EGF would help the 500 most disadvantaged workers in their efforts to find jobs by providing them with guidance, training, job-search support, advice on entrepreneurship and business creation, as well as job-search allowances and travel expenses. The proposal now goes to the European Parliament and the EU’s Council of Ministers for approval