Press Release: 1181 former workers of Heidelberger Druckmaschinen AG to get help worth €8.3 million from EU Globalisation Fund

The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF). The €8,308,555 requested by the German authorities will help 1,181 redundant workers back into employment. The application was submitted after 1 263 employees involved in the manufacture of printing machinery were made redundant by Heidelberger Druckmaschinen AG. The application will now be sent to the European Parliament and EU Ministers (the EU's Budgetary Authority) for approval.