Proposal for a DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the mobilisation of the European Globalisation Adjustment Fund in accordance with point 28 of the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management (application EGF/2012/003 DK/Vestas from Denmark)
Date: 2012-09-13
Institutions: European Commission
Subjects: Denmark, European Globalisation Adjustment Fund, budgetary discipline (EU), collective dismissal, commitment of expenditure, financial management, interinstitutional agreement, machine-tool industry, turbine

EUROPEAN COMMISSION 

Brussels, 13.9.2012  
COM(2012) 502 final 

Proposal for a 

DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL 

on the mobilisation of the European Globalisation Adjustment Fund in accordance with 
point 28 of the Interinstitutional Agreement of 17 May 2006 between the European 
Parliament, the Council and the Commission on budgetary discipline and sound 
financial management (application EGF/2012/003 DK/Vestas from Denmark) 

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EXPLANATORY MEMORANDUM 

Point  28  of  the  Interinstitutional  Agreement  of  17  May  2006  between  the  European 
Parliament,  the  Council  and  the  Commission  on  budgetary  discipline  and  sound  financial 
management1  allows  for  the  mobilisation  of  the  European  Globalisation  Adjustment  Fund 
(EGF)  through  a  flexibility  mechanism,  within  the  annual  ceiling  of  EUR 500 million over 
and above the relevant headings of the financial framework. 

The rules applicable to the contributions from the EGF are laid down in Regulation (EC) No 
1927/2006  of  the  European  Parliament  and  of  the  Council  of  20  December  2006  on 
establishing the European Globalisation Adjustment Fund2. 

On  14  May  2012,  Denmark  submitted  application  EGF/2012/003  DK/Vestas  for  a  financial 
contribution from the EGF, following redundancies in Vestas Group in Denmark. 

After  a  thorough  examination  of  this  application,  the  Commission  has  concluded  in 
accordance  with  Article  10  of  Regulation  (EC)  No  1927/2006  that  the  conditions  for  a 
financial contribution under this Regulation are met. 

SUMMARY OF THE APPLICATION AND ANALYSIS 

Key data: 
EGF Reference no. 
Member State 
Article 2 
Primary enterprise 
Suppliers and downstream producers 
Reference period 
Starting date for the personalised services 
Application date 
Redundancies during the reference period 
Redundancies before and after the reference period 
Total eligible redundancies 
Redundant workers expected to participate in the measures 
Expenditure for personalised services (EUR) 
Expenditure for implementing EGF3 (EUR) 
Expenditure for implementing EGF (%) 
Total budget (EUR) 
EGF contribution (50 %) (EUR) 

EGF/2012/003 
Denmark 
(a) 
Vestas 
0 
8.2.2012 – 8.6.2012 
13.8.2012 
14.5.2012 
720 
0 
720 
720 
14 398 000 
578 000 
3,9 
14 976 000 
7 488 000 

1. 

2. 

1 
2 
3 

The  application  was  presented  to  the  Commission  on  14  May  2012  and 
supplemented by additional information up to 10 July 2012. 

The application meets the conditions for deploying the EGF as set out in Article 2(a) 
of  Regulation  (EC)  No  1927/2006,  and  was  submitted  within  the  deadline  of  10 
weeks referred to in Article 5 of that Regulation. 

OJ C 139, 14.6.2006, p. 1. 
OJ L 406, 30.12.2006, p. 1. 
In accordance with the third paragraph of Article 3 of Regulation (EC) No 1927/2006. 

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Link  between  the  redundancies  and  major  structural  changes  in  world  trade  patterns 
due to globalisation 

3. 

4. 

5. 

6. 

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6 
7 
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In order to establish the link between the redundancies and major structural changes 
in  world  trade  patterns  due  to  globalisation,  Denmark  argues  that  the  wind  turbine 
manufacturing industry in the EU, which is included in NACE Revision 2 Division 
28  ('Manufacture  of  machinery  and  equipment'),  has  been  seriously  affected  by 
changes in world trade patterns, in particular a significant reduction of the EU market 
share. Denmark explains that, although the European production of wind turbines has 
increased  in  the  past  few  years,  the  global  market  for  wind  turbines  has  developed 
even faster, especially in Asia and North America. For the first time in 2010, more 
than half of all new wind power capacities were added outside the traditional markets 
of  Europe  and  North  America.  This  development  was  mainly  driven  by  the 
continuing  economic  boom  in  China,  which  accounted  for  half  of  the  new  global 
wind installations4. Resulting from the dynamic global growth of the sector, Europe's 
share in total capacity was reduced from 65,5 % in 2006 to 43,7 % in 20105. 

Furthermore,  Denmark  argues  that  this  is  a  permanent  trend.  The  demand  for 
renewable  energy,  including  wind  power,  will  be  growing  drastically,  however  the 
markets  will  shift.  Whereas  wind  energy  was  a  European  dominated  industry  until 
2006 and there was balanced growth between Europe, Asia and the USA up to now, 
there  will  be  a  surging  demand  for  wind  power  in  Asia  and  North  America  in  the 
near  future,  South  America  tomorrow  and  Africa  in  the  long-term  future. 
Manufacturing  and servicing  will move  to places,  where they are demanded  and to 
regions with rapid economic growth. Apart from considerably lower labour costs, the 
high costs of transporting the big parts of wind turbines require European producers 
to move their production closer to the most dynamic end-user markets to ensure their 
competiveness  and  market  position.  As  a  result,  production  has  been  progressively 
migrating out of the EU. 

Vestas Group has been part of the trend described above. In order to maintain their 
leadership on the market, Vestas has recently implemented a new strategy led by the 
principle  "In  the  region  for  the  region"  with  the  aim  of  reducing  production  and 
transport  costs,  ensuring  shorter  distances  to  customers  and  markets  and  making 
Vestas more robust towards exchange rate fluctuations6. Following the globalisation 
process, wind turbines will be manufactured where they are needed (already in 2011 
80-90 % of turbines were manufactured regionally). Moreover, whereas most of the 
components  of  a  wind  turbine  were  produced  in-house  in  the  past,  component 
production will be increasingly outsourced to regional partners and as a result, Vestas 
will have a lower need for investments and will reduce its staff.  

This is the third EGF case in the wind turbines sector. The arguments presented in 
(EGF/2010/017  DK  Midtjylland  Machinery7  and 
the 
EGF/2010/022 DK/LM Glasfiber8) remain valid. 

two  previous  cases 

'Global Wind Energy Council', Global wind report, Annual market update 2010, Brussels, April 2011.  
World Wind Energy Report 2010, WWEA World Wind Energy Association 
Vestas Annual Report 2011.  
COM(2011)421 final 
COM(2011)258 final 

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Demonstration  of  the  number  of  redundancies  and  compliance  with  the  criteria  of 
Article 2(a) 

7. 

8. 

Denmark submitted this application under the intervention criteria of Article 2(a) of 
Regulation  (EC)  No  1927/2006,  which  requires  at  least  500  redundancies  over  a 
four-month  period  in  an  enterprise  in  a  Member  State,  including  workers  made 
redundant in its suppliers and downstream producers. 

The  application  cites  720  redundancies  in  Vestas  Group  during  the  four-month 
reference  period  from  8  February  2012  to  8  June  2012.  All  of  these  redundancies 
were  calculated  in  accordance  with  the  third  indent  of  the  second  paragraph  of 
Article  2  of  Regulation  (EC)  No  1927/2006.  The  Commission  has  received  the 
confirmation required under the third indent of the second paragraph of Article 2(2) 
that this is the actual number of redundancies effected. 

Explanation of the unforeseen nature of those redundancies 

9. 

The Danish authorities recall that the redundancies already made by Vestas Group in 
the municipality of Ringkøbing-Skjern in 2009/2010 were unforeseen because of the 
rapid expansion of the global wind energy sector. In 2009 mostly low and unskilled 
workers  were  affected  following  the  new  global  trading  pattern  to  outsource 
manufacturing  to  countries  with  lower  labour  costs.  Meanwhile,  the  dismissals  in 
2012  in  the  Vestas  Group  affected  to  a  large  extent  highly  skilled,  specialised  and 
well-educated  employees.  This  was  not  anticipated,  since  Denmark  had  made 
considerable investments into research and development in the renewable and wind 
energy sectors. Moreover, the Danish government had been negotiating an ambitious 
energy policy for the years 2012-2020 with plans to promote the deployment of more 
wind turbines. Finally, the municipality of Ringkøbing-Skjern had made large-scale 
investments  into  transport  facilities  for  Vestas  windmills.  It  was  expected  that  the 
new generation of Vestas windmills would be produced in the municipality.  

Identification of the dismissing enterprises and workers targeted for assistance 

10. 

The  application  relates  to  720  redundancies  in  Vestas  Group  and  all  of  them  are 
targeted for assistance.  

11. 

The break-down of the targeted workers is as follows: 

Category 
Men 
Women 
EU citizens 
Non EU citizens 
15-24 years old 
25-54 years old 
55-64 years old 
> 64 years old 

Number
452
268
717
3
3
630
81
6

Percent 
62,78 
37,22 
99,58 
0,42 
0,42 
87,50 
11,25 
0,83 

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12. 

In terms of occupational categories, the break-down is as follows: 

Category 
Directors, CEO 
Production and operations department 
managers 
Engineers, including project managers, 
heads of departments 
Engineering science technicians 
Office clerks 
Service workers 
Metal, machinery and related trade 
workers 
Machine operators and assemblers 
Manufacturing labourers 

Number
45

Percent 
6,25 

155

223
50
67
2

144
34

21,53 

30,97 
6,94 
9,31 
0,28 

20,00 
4,72 

13. 

In  accordance  with  Article  7  of  Regulation  (EC)  No  1927/2006,  Denmark  has 
confirmed  that  a  policy  of  equality  between  women  and  men  as  well  as  non-
discrimination has been applied, and will continue to apply, during the various stages 
of the implementation of and, in particular, in access to the EGF. 

Description of the territory concerned and its authorities and stakeholders 

14. 

15. 

16. 

The  redundancies  affect  five  municipalities  located  in  the  bordering  regions  of 
Midtjylland  (Randers,  Favrskov,  Aarhus  and  Ringkøbing-Skjern)  and  Syddanmark 
(Varde).  There  were  also  a  few  redundancies  in  the  Region  of  Sjælland  and  the 
Capital region – Copenhagen. What all the municipalities affected have in common 
is  a  rapid  rise  in  unemployment  (especially  long-term)  and  a  steep  decline  in  job 
vacancies (especially in industry and production).  

Ringkøbing-Skjern  invested  considerably  in  infrastructure  for  Vestas  and  the  wind 
energy sector. Other major employment sectors are tourism, agriculture, construction 
and the public service. 

is 

the  municipality  of  Ringkøbing-Skjern.  The 
The  principal  stakeholder 
municipality has responsibility for supporting the unemployed in their search for new 
employment, including making arrangements for activities to upgrade workers' skills, 
to aid job-seeking skills and to help with the goal-setting process. Other stakeholders 
are:  the  municipalities  of  Varde,  Favrskov,  Randers,  Aarhus,  Roskilde  and 
Copenhagen;  trade  unions,  unemployment  insurance  funds  (A-kasser),  employers' 
representatives,  the  regions  of  Midtjylland,  Syddanmark,  Sealand,  the  Capital 
Region;  the  regional  Employment  Councils;  the  Ministries  of  Employment, 
Enterprise and Growth; local enterprises.  

Expected impact of the redundancies as regards local, regional or national employment 

17. 

Following  the  large-scale  collective  redundancies  in  2009/2010,  which  affected 
approx. 800 Vestas employees in Ringkøbing-Skjern and surrounding municipalities, 
the  new  wave  of  redundancies  is  a  great  challenge  for  the  affected  municipalities. 
This time mainly highly-educated employees were dismissed. Only in Varde a larger 
number  of  semi-skilled  and  skilled  workers  are  affected  since  the  plant  will  be 
completely  closed  down  in  August  2012.  The  impact  of  the  redundancies  will  be 

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locally  significant,  especially  when  taking  into  account  the  fact  that  Vestas  Group 
will make a total of 1 300 employees redundant (many of the workers were hired on 
temporary contracts and these were not, or will not, be renewed). 

18. 

Attracting  such  innovative  enterprise  such  as  Vestas  which  provided  many  high-
skilled  and  high-quality  industrial  jobs  was  a  great  success  for  the  municipalities 
concerned.  The  loss  of  these  has  put  the  region  into  difficulties.  All  the 
municipalities concerned have reported that there are no suitable job openings for the 
new  target  group  and  as  a  result,  the  highly  skilled  dismissed  workers  will  have  to 
move away in search for a job and it will therefore be even more difficult to attract 
new companies.  

19. 

The  redundancies  happen  at  a  time  when  unemployment  is  rising  rapidly.  In 
February 2012, it was 36 426 in Midtjylland and 40 004 in Syddanmark (compared 
with 28 402 and 29 751 respectively in August 2011).  

Co-ordinated  package  of  personalised  services  to  be  funded  and  a  breakdown  of  its 
estimated  costs,  including  its  complementarity  with  actions  funded  by  the  Structural 
Funds 

20. 

21. 

Denmark proposes a package of measures in support of the redundant workers that is 
in  coherence  with  the  Europe  2020  strategy  to  promote  smart,  sustainable  and 
inclusive  growth.  The  package  will  offer  individualised,  targeted,  flexible  and 
innovative help to prepare the redundant workers for new jobs in the future growth 
areas. 

Mentoring  and  coaching.  It  is  estimated  that  all  targeted  workers  will  benefit  from 
this action throughout the project. The action aims to support workers as they define 
their  needs,  manage  their  own  learning,  select  the  right  upskilling  packages  to 
maximise  their  potential  and  develop  their  personal,  social  and  professional  skills. 
The  general  objectives  are  to  screen  and  map  the  competences  of  participants, 
provide individual counselling, maintain motivation throughout the project by means 
of ongoing coaching, develop and identify the best practice cases, communicate with 
the  training  providers  and  enterprises.  The  measure  will  start  with  an  in-depth 
information session which will be followed by individual counselling sessions during 
which the competences of the participants will be screened and mapped. The process 
will  be  constantly  monitored  to  assess  its  impact  through  questionnaires  and 
interviews.  The  services  will  be  offered  together  with  UddannelesesCenter 
team  and 
Ringkøbing-Skjern 
representatives from the Job Centres in the municipalities involved.  

the  project  management 

(education  center), 

Individualised targeted training packages. These packages will be available to all the 
workers in the target group. However, a number of dismissed workers are likely to 
find new employment after the coaching process, thus it is estimated that about 600 
workers  will  participate  in  this  measure.  The  training  packages  designed  by  the 
project team in cooperation with the redundant workers and provided by educational 
institutions throughout Denmark include: 

- intercultural competencies courses (one-day workshops to make participants aware 
of the need to acquire intercultural skills in a globalised environment); 

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-  language  courses  (including  business  skills  in  English,  the  language  of  meetings, 
discussions and presentations; technical languages; possibility to develop tailor-made 
language training packages); 

- entrepreneurship training (an introductory entrepreneurship workshop with the aim 
to  motivate  participants  to  become  self-employed  or  start  up  their  own  businesses; 
the  participants  will  learn  how  to  develop  a  business  plan  and  will  receive 
information on legal issues, tax and VAT, sales and marketing, e-business); 

-  off-the-shelf  courses  and  training  programmes  (all  the  participants  will  have  an 
opportunity to register for courses and training programmes of their own choice). 

Entrepreneurship  grants  up  to  EUR 25 000  per  business  start-up  will  be  made 
available  after  an  intensive  screening  of  25  persons  after  their  participation  in  the 
entrepreneurship courses and their development of a solid business plan. Criteria for 
an assessment of the business plans will be: creativity, innovation and sustainability. 
All the beneficiaries will be required to attend monitoring sessions on a regular basis 
and to prepare a status report at the end of the EGF project. The progress of the start-
ups will be closely monitored.  

Outplacement will be offered in the last six months of the project to those who have 
not  yet  found  a  new  job  (approximately  70  persons).  Since  those  will  be  the  most 
disadvantaged  due  to  their  age,  learning  disabilities,  gender,  lack  of  possibilities  to 
commute,  the  Job  Centres  and  collaboration  partners  will  offer  them  internships  in 
selected  companies  which  could  provide  employment  after  the  internship  phase. 
Intensive  mentoring  and  counselling  will  be  provided  to  people  placed  in  the 
companies.  

Subsistence  allowances  /  student  grants  will  be  made  available  to  all  redundant 
workers  strictly  tied  to  the  participation  of  the  worker  in  the  active  labour  market 
measures. An average of EUR 10 400 per person is estimated. 

The expenditure for implementing the EGF, which is included in the application in 
accordance  with  Article  3  of  Regulation  (EC)  No  1927/2006,  covers  preparatory, 
management, 
information  and  publicity  as  well  as  control  activities.  The 
municipality of Ringkøbing-Skjern and the administrative project team involving all 
the  municipalities  concerned  will  deploy  a  number  of  instruments  to  promote  and 
communicate  the  contribution  from  the  EGF.  Websites  will  be  established  on  the 
municipalities'  portals.  There  will  be  regular  press  releases,  press  meetings  and 
newsletters. A final impact workshop will be organised with all project participants 
and stakeholders. Promotion materials will be made available.  

The  personalised  services  presented  by  the  Danish  authorities  are  active  labour 
market measures within the eligible actions defined by Article 3 of Regulation (EC) 
No 1927/2006. The Danish authorities estimate the total costs at EUR 14 976 000, of 
which  the  expenditure  for  personalised  services  at  EUR 14 398 000  and  the 
expenditure for implementing the EGF at EUR 578 000 (3,9 % of the total amount). 
The total contribution requested from the EGF is EUR 7 488 800 (50 % of the total 
costs). 

22. 

23. 

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Actions 

Estimated 
number of 
workers 
targeted 

Estimated 
cost per 
worker 
targeted 
(EUR) 

Total costs 
(EGF and 
national 
cofinancing) 
(EUR) 

Personalised services (first paragraph of Article 3 of Regulation (EC) No 1927/2006) 

Mentoring and coaching 

Individualized targeted training packages 

Entrepreneurship allowances 

Outplacement 

720

600

25

70

1 500 

1 080 000

8 500 

5 100 000

25 000 

625 000

1 500 

105 000

Subsistence allowances / student grants 

720

10 400 

7 488 000

Sub total personalised services 

14 398 000

Expenditure  for  implementing  EGF  (third  paragraph  of  Article  3  of  Regulation  (EC)  No 
1927/2006) 

Preparatory activities 

Management 

Information and publicity 

Control activities 

Sub total expenditure for implementing EGF 

Total estimated costs 

EGF contribution (50 % of total costs) 

28 000

220 000

80 000

250 000

578 000

14 976 000

7 488 000

24. 

Denmark  confirms  that  the  measures  described  above  are  complementary  with 
actions  funded  by  the  Structural  Funds  and  that  all  double  financing  will  be 
prevented. 

Date(s)  on  which  the  personalised  services  to  the  affected  workers  were  started  or  are 
planned to start 

25. 

Denmark will start the personalised services to the affected workers included in the 
co-ordinated package proposed for co-financing to the EGF on 13 August 2012. This 
date therefore represents the beginning of the period of eligibility for any assistance 
that might be awarded from the EGF. 

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Procedures for consulting the social partners 

26. 

All  the  municipalities  affected  by  the  redundancies  have  been  involved  in  the 
preparation of the measures. A number of social partner organisations (trade unions, 
representatives of Vestas, employers' organizations) have been consulted during the 
meeting  with  the  Employment  Committee  in  the  Municipality  in  January  2012. 
Furthermore,  two  workshops  with  all  affected  municipalities,  where  social  partners 
were represented, were organised in Skjern in February and March 2012. The social 
partners  are  regularly  briefed  about  the  status  of  the  project  in  their  monthly 
Committee meetings. 

27. 

The Danish authorities confirmed that the requirements laid down in national and EU 
legislation concerning collective redundancies have been complied with. 

Information  on  actions  that  are  mandatory  by  virtue  of  national  law  or  pursuant  to 
collective agreements 

28. 

As regards the criteria contained in Article 6 of Regulation (EC) No 1927/2006, the 
Danish authorities in their application: 

•  confirmed that the financial contribution from the EGF does not replace measures 
which are the responsibility of companies by virtue of national law or collective 
agreements; 

•  confirmed that the actions provide support for individual workers and are not to be 

used for restructuring companies or sectors; 

•  confirmed  that  the  eligible  actions  referred  to  above  do  not  receive  assistance 

from other EU financial instruments. 

Management and control systems  

29. 

Denmark  has  notified  the  Commission  that  the  financial  contribution  will  be 
managed and controlled by the same bodies as the European Social Fund, which also 
has  the  Danish  Enterprise  Authority  as  Managing  Authority.  The  Certifying 
Authority  will  be  vested  in  a  different  department  of  the  same  body.  The  Auditing 
Authority will be the EU Controllerfunction in the Danish Enterprise Authority.  

Financing 

30. 

31. 

On  the  basis  of  the  application  from  Denmark,  the  proposed  contribution  from  the 
EGF  to  the  coordinated  package  of  personalised  services  (including  expenditure  to 
implement  EGF)  is  EUR 7 488 000,  representing  50 %  of  the  total  cost.  The 
Commission's proposed allocation under the Fund is based on the information made 
available by Denmark. 

Considering the maximum possible amount of a financial contribution from the EGF 
under  Article  10(1)  of  Regulation  (EC)  No  1927/2006,  as  well  as  the  scope  for 
reallocating  appropriations,  the  Commission  proposes  to  mobilise  the  EGF  for  the 
total  amount  referred  to  above,  to  be  allocated  under  heading  1a  of  the  financial 
framework. 

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32. 

33. 

The  proposed  amount  of  financial  contribution  will  leave  more  than  25 %  of  the 
maximum annual amount earmarked for the EGF available for allocations during the 
last  four  months  of  the  year,  as  required  by  Article  12(6)  of  Regulation  (EC)  No 
1927/2006. 

By  presenting  this  proposal  to  mobilise  the  EGF,  the  Commission  initiates  the 
simplified  trialogue  procedure,  as  required  by  Point  28  of  the  Interinstitutional 
Agreement of 17 May 2006, with a view to securing the agreement of the two arms 
of the budgetary authority on the need to use the EGF and the amount required. The 
Commission invites the first of the two arms of the budgetary authority that reaches 
agreement on the draft mobilisation proposal, at appropriate political level, to inform 
the other arm and the Commission of its intentions. In case of disagreement by either 
of  the  two  arms  of  the  budgetary  authority,  a  formal  trialogue  meeting  will  be 
convened. 

34. 

The Commission presents separately a transfer request in order to enter in the 2012 
budget  specific  commitment  appropriations,  as  required  in  Point  28  of  the 
Interinstitutional Agreement of 17 May 2006. 

Source of payment appropriations  

35. 

Appropriations  from  the  EGF  budget  line  will  be  used  to  cover  the  amount  of  
EUR 7 488 000 needed for the present application. 

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Proposal for a 

DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL 

on the mobilisation of the European Globalisation Adjustment Fund in accordance with 
point 28 of the Interinstitutional Agreement of 17 May 2006 between the European 
Parliament, the Council and the Commission on budgetary discipline and sound 
financial management (application EGF/2012/003 DK/Vestas from Denmark) 

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION, 

Having regard to the Treaty on the Functioning of the European Union, 

Having  regard  to  the  Interinstitutional  Agreement  of  17  May  2006  between  the  European 
Parliament,  the  Council  and  the  Commission  on  budgetary  discipline  and  sound  financial 
management9, and in particular point 28 thereof, 

Having  regard  to  Regulation  (EC)  No  1927/2006  of  the  European  Parliament  and  of  the 
Council  of  20  December  2006  establishing  the  European  Globalisation  Adjustment  Fund10, 
and in particular Article 12(3) thereof, 

Having regard to the proposal from the European Commission11, 

Whereas: 

(1) 

(2) 

(3) 

The  European  Globalisation  Adjustment  Fund  (EGF)  was  established  to  provide 
additional support for workers made redundant as a result of major structural changes 
in world trade patterns due to globalisation and to assist them with their reintegration 
into the labour market. 

The Interinstitutional Agreement of 17 May 2006 allows the mobilisation of the EGF 
within the annual ceiling of EUR 500 million. 

Denmark submitted an application to mobilise the EGF, in respect of redundancies in 
the  enterprise  Vestas  Group,  on  14  May  2012  and  supplemented  it  by  additional 
information up to 10 July  2012.  This  application complies with the requirements for 
in  Article  10  of 
determining 
Regulation (EC) No 1927/2006.  The  Commission,  therefore,  proposes  to  mobilise  an 
amount of EUR 7 488 000. 

financial  contributions  as 

laid  down 

the 

9 
10 
11 

OJ C 139, 14.6.2006, p. 1. 
OJ L 406, 30.12.2006, p. 1. 
OJ C […], […], p. […]. 

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(4) 

The  EGF  should,  therefore,  be  mobilised  in  order  to  provide  a  financial  contribution 
for the application submitted by Denmark, 

HAVE ADOPTED THIS DECISION: 

Article 1 

For  the  general  budget  of  the  European  Union  for  the  financial  year  2012,  the  European 
Globalisation  Adjustment  Fund  (EGF)  shall  be  mobilised  to  provide  the  sum  of 
EUR 7 488 000 in commitment and payment appropriations. 

Article 2 

This Decision shall be published in the Official Journal of the European Union. 

Done at Brussels,  

For the European Parliament 
The President 

For the Council 
The President 

EN 

12 

   EN