The European Commission has proposed to provide Ireland with €2.5 million from the European Globalisation Adjustment Fund (EGF) to help 250 former workers of Lufthansa Technik Airmotive Ireland Ltd and two of its suppliers to find new jobs.
The money would also help 200 young people not in employment, education or training (NEETs) to find job opportunities, a possibility provided by new rules. The proposal now goes to the European Parliament and the EU’s Council of Ministers for approval.
Ireland applied for support from the EGF following the dismissal of 424 workers in Lufthansa Technik Airmotive Ireland Ltd and two of its suppliers, as a result of increasing competition from aircraft and aircraft component repair enterprises elsewhere in the world.
The measures co-financed by the EGF would help the 250 workers facing the greatest difficulties and 200 additional NEETs to find jobs. They will receive occupational guidance and career planning assistance, enterprise and self-employment supports,training, further education programmes and higher education programmes, training grants and income supports.
The total estimated cost of the package is €4.1 million, of which the EGF would provide €2.5.