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5/8/14

Commission proposes €3.6 million to help 1 000 redundant workers in Romanian steel industry

The European Commission has proposed to provide Romania with €3.6 million from the European Globalisation Adjustment Fund (EGF) to help 1 000 former workers of the steel products manufacturer SC Mechel Campia Turzii SA and the downstream producer SC Mechel Reparatii Targoviste SRL to find new jobs. The proposal now goes to the European Parliament and the EU's Council of Ministers for approval.
EU Commissioner for Employment, Social Affairs and Inclusion László Andor commented: "The manufacture of finished and semi-finished steel products in the EU has been seriously disrupted due to intensified competition from countries outside the EU, particularly China. Today's proposal would help to prepare some 1 000 former steelworkers from the Cluj region in Romania for new job opportunities or to set up their own businesses".

Romania applied for support from the EGF following the dismissal of more than 1 500 workers in Mechel Campia Turzii and in Mechel Reparatii Targoviste in Romania. The dismissals were the result of increased competition from steel products manufacturers elsewhere in the world.

More details on EGF website.