Press Release: Denmark: EU €10m to help 1,149 former Linak A/S and Danfoss Group workers find new jobs

The European Commission has approved two applications from Denmark for assistance from the EU Globalisation Adjustment Fund (EGF). The €10,106,844 requested by the Danish authorities will help 1,149 redundant workers back into employment. The workers lost their jobs in the engineering sector after the economic slowdown exacerbated an already difficult situation for Linak A/S and the Danfoss Group. The applications will now go to the European Parliament and EU Ministers for agreement.