EUROPEAN COMMISSION
Brussels, 28.10.2025
COM(2025) 621 final
2025/0326(BUD)
Proposal for a
DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
on the mobilisation of the European Globalisation Adjustment Fund for Displaced Workers following an application from Sweden – EGF/2025/003 SE/Northvolt
EXPLANATORY MEMORANDUM
CONTEXT OF THE PROPOSAL
1.The rules applicable to financial contributions from the European Globalisation Adjustment Fund for Displaced Workers (EGF) are laid down in Regulation (EU) 2021/691 of the European Parliament and of the Council of 28 April 2021 on the European Globalisation Adjustment Fund for Displaced Workers (EGF) and repealing Regulation (EU) No 1309/2013 1 .
2.On 16 June 2025, Sweden submitted an application EGF/2025/003 SE/Northvolt for a financial contribution from the EGF, following displacements in Northvolt (Northvolt AB) and its subsidiaries as well as in 13 subcontractors, suppliers and dowstream producers in Sweden.
3.Following its assessment of this application, the Commission has concluded, in accordance with all applicable provisions of Regulation (EU) 2021/691, that the conditions for awarding a financial contribution from the EGF are met.
SUMMARY OF THE APPLICATION
|
EGF application |
EGF/2025/003 SE/Northvolt |
|
Member State |
Sweden |
|
Region(s) concerned (NUTS 2 level 2) |
Övre Norrland (SE33) Stockholm (SE11) Östra Mellansverige (SE12) |
|
Date of submission of the application |
16 June 2025 |
|
Date of acknowledgement of receipt of the application |
16 June 2025 |
|
Date of request for additional information |
4 August 2025 |
|
Deadline for provision of the additional information |
26 August 2025 |
|
Deadline for the completion of the assessment |
4 November 2025 |
|
Intervention criterion |
Article 4(2), point (a), of Regulation (EU) 2021/691 |
|
|
Northvolt (Northvolt AB) |
|
|
14 |
|
Sector of economic activity of primary enterprise (NACE Revision 2 division) 4 |
Division 71 (Architectural and engineering activities; technical testing and analysis) |
|
|
88 |
|
Reference period (four months): |
28 November 2024 - 28 March 2025 |
|
Number of displacements during the reference period (a) |
5 829 |
|
Number of displacements before or after the reference period (b) |
657 |
|
Total number of displacements (a + b) |
6 486 |
|
Total number of eligible beneficiaries |
6 486 |
|
Total number of targeted beneficiaries |
5 800 |
|
Budget for personalised services (EUR) |
13 663 977 |
|
Budget for implementing EGF 6 (EUR) |
546 560 |
|
Total budget (EUR) |
14 210 537 |
|
EGF contribution (60 %) (EUR) |
8 526 322 |
ASSESSMENT OF THE APPLICATION
Procedure
4.Sweden submitted application EGF/2025/003 SE/Northvolt within 12 weeks of the date on which the intervention criteria set out in Article 4 (2), point (a), of Regulation (EU) 2021/691 were met, on 16 June 2025. The Commission acknowledged receipt of the application the same date. The Commission was in possession of the translation of the application on 18 July 2025 and requested additional information from Sweden on 4 August 2025. Such additional information was provided within 15 working days of the request. The deadline of 50 working days of the receipt of the complete application within which the Commission should finalise its assessment of the application's compliance with the conditions for providing a financial contribution expires on 4 November 2025.
Eligibility of the application
Enterprises and beneficiaries concerned
5.The application relates to 5 829 displaced workers whose activity has ceased in Northvolt (Northvolt AB) and its subsidiaries, as well as in 8 subcontractors, suppliers, and dowstream producers. The primary enterprise operated in the economic sectors classified under the NACE Revision 2 divisions 71 (Architectural and engineering activities; technical testing and analysis). The redundancies made by Northvolt are mainly located in the NUTS 2 regions of Övre Norrland (SE33), Stockholm (SE11), and Östra Mellansverige (SE12).
|
Enterprises and number of displacements within the reference period |
|||||
|
Primary enterprise and subsidiaries 7 |
Subcontractors, suppliers, downstream producers |
||||
|
Northvolt AB |
1 013 |
Adecco Sweden AB |
2 |
||
|
Northvolt Ett AB |
3 456 |
Compass Group AB |
15 |
||
|
Northvolt Revolt AB |
332 |
Dongjin Sweden AB |
11 |
||
|
Northvolt Systems AB |
191 |
Kedali AB |
35 |
||
|
Northvolt Fem AB |
10 |
Kjell Grenholm Åkeri AB |
3 |
||
|
Northvolt Labs AB |
492 |
Linotolgolv AB |
25 |
||
|
Novo Energy Production AB |
54 |
Sodexo AB |
167 |
||
|
Novo Energy R&D AB |
3 |
Titan konstruktion AB |
10 |
||
|
Novo Energy AB |
10 |
||||
|
Northvolt - total |
5 561 |
||||
|
|
Total no. of displacements: |
5 829 |
|||
Intervention criteria
6.Sweden submitted the application under the intervention criteria of Article 4(2), point (a), of Regulation (EU) 2021/691, which requires the cessation of activity of at least 200 displaced workers over a reference period of four months in an enterprise in a Member State, including workers displaced in suppliers and downstream producers and / or self-employed persons whose activity has ceased.
7.The reference period of four months for the application runs from 28 November 2024 to 28 March 2025.
8.] The cessation of activity during the reference period occurred as follows:
–5 561 displaced workers in Northvolt,
–268 displaced workers in 8 subcontractors, suppliers and dowstream producers of Northvolt.
Calculation of displacements and of cessation of activity
9.Pursuant to Article 6, first paragraph, point (a), in conjunction with Article 5, first paragraph, of Regulation (EU) 2021/691, the cessation of activities of the displaced workers during the reference period has been calculated as follows:
–4 552 from the date on which the employer, in accordance with Article 3(1) of Council Directive 98/59/EC 9 , notified the competent public authority in writing of the projected collective redundancies. Sweden confirmed prior to the date of the completion of the assessment by the Commission that these 4 552 redundancies have actually been effected,
–1 277 from the date of the de facto termination of the contract of employment or its expiry.
Eligible beneficiaries
10.In addition to the workers already referred to, the eligible beneficiaries include 657 displaced workers whose activity ceased before or after the reference period of four months. All these workers ceased their activity within the six months before the start of the reference period on 28 November 2024 or between the end of the reference period and the day before the adoption of this proposal, pursuant to Article 6, first paragraph, point (b), of Regulation (EU) 2021/691. A clear causal link can be established with the event that triggered the cessations of activity of the displaced workers during the reference period, as required by Article 6, second paragraph, of Regulation (EU) 2021/691.
11.The total number of eligible beneficiaries is 6 486.
Description of the events that led to the displacements and cessation of activity
12.The event giving rise to these displacements is a major restructuring event concerning Northvolt AB, followed by the bankruptcy of the enterprise. As a knock-on effect, a further smaller wave of job displacements hit the enterprise’s subcontractors, suppliers, and downstream producers.
13.In an attempt to establish a European battery industry to reduce dependence on Chinese manufacturers, Northvolt AB was founded by private investors in 2016. Northvolt built a battery factory in the municipality of Skellefteå. This factory, called Northvolt Ett (Northvolt One), had been set-up with the aim to manufacture lithium-ion batteries for electric cars and for storing energy. Further, Northvolt Labs was established as a research campus in the municipality of Västerås.
14.Northvolt Ett was opened in June 2022. However, severe problems in the production process quickly became apparent. During 2023, production in Northvolt Ett was only reaching 0,5 % of its initially planned capacity. Due to these delays, major clients of Northvolt saw themselves forced to cancel their orders.
15.At the same time, Chinese battery producers could sell batteries at half price compared to Northvolt, due to state subsidies. As a consequence of the Chinese dominance, and in an effort to be independent from Chinese producers, many world economies also heavily subsidised their own battery production.
16.The efforts to gain market shares led to a tremendous oversupply of batteries, with announced production capacities exceeding by far projected demand. Chinese producers alone produced enough batteries to meet global demand. Northvolt’s bankruptcy is thus a sign of inevitable market corrections in the light of the overcapacity challenges.
17.As a consequence of a strategic review, on September 23, 2024, Northvolt announced extensive staff cuts, with a total of 1 600 employees being given notice of termination.
18.On 12 March 2025, Northvolt was declared bankrupt. Production continued until 22 May 2025, when the last remaining customer decided to change supplier.
19.On 7 August 2025, Lyten, an American start-up company, announced the intention to take over Northvolt's battery production. This transaction is currently under approval by the Swedish authorities. When production could start again, and how many workers could be rehired, is still unclear.
Expected impact of the displacements as regards the local, regional or national economy and employment
20.Northvolt’s bankruptcy is the largest bankruptcy in Sweden in modern times. The job displacements occurred at Northvolt’s sites in Skellefteå, Västerås and Stockholm. However, in consideration of the absorption capacity of the local job markets, the number of displacements in the respective cities, and the primarily research and management-oriented job profiles of the workforce affected, the Swedish authorities expect no major impact in the cities of Västerås and Stockholm. With more than 5 000 job displacements, the impact on the city of Skellefteå (population of 36 000 in the city and 77 000 in the municipality) is severe. Therefore, the Swedish authorities decided to focus the EGF assistance on Skellefteå. However, the workforce in Västerås and Stockholm will be informed about the possibility of EGF measures, and assistance will be granted upon request.
21.The city of Skellefteå in northern Sweden underwent a period of transformation. To stop the population decline, the region secured heavy structural investments, which, paired with a development strategy focussing on the green transition, attracted investors. Northvolt’s battery factory was a catalyst for the economic development of the region.
22.At the beginning of 2024, there were still several thousand vacancies reported in Skellefteå, and the unemployment rate was 2.9 %. However, after Northvolt’s bankruptcy, unemployment increased sharply to 8.2 % in April 2025.
23.A major fear is the expected brain-drain following the job displacements. Many workers had moved to the city for the job at Northvolt just a few years ago. Further, 40 % of Northvolt’s workforce were third-country nationals, whose work and residence permits were dependent on their employment. In order to retain talent, major efforts are needed to help them find new employment, preferably in the region, quickly.
24.Many of the displaced workers have particular skills in the field of battery production and engineering. Targeted measures may be needed to help these people find new roles in other growing industries in the region. Training and upskilling will be the keys to mitigating the long-term effects on unemployment.
Application of the EU Quality Framework for anticipation of change and restructuring (QFR)
25.Sweden has described how the recommendations set out in the EU Quality Framework for anticipation of change and restructuring have been taken into account: Before its bankruptcy, Northvolt had provided for the part of its workforce adversely affected by its large-scale restructuring in the fall of 2024. The enterprise had concluded a collective agreement with the trade unions. Third-country nationals, whose work and residence permit was dependent on their employment contract, were offered relocation packages.
26.Regarding the activities undertaken to assist the displaced workers, Sweden has reported that workers were helped by the Swedish Job Security Councils TRR and TSL 10 . These entities were set-up by collective agreements between employer and employee organisations to fund transition support for employees affected by job displacement. However, people with insufficient employment history, and third-country nationals without a permanent right of residence, are not covered.
Complementarity with actions funded by national or Union funds
27.Sweden has confirmed that the measures described below receiving a financial contribution from the EGF will not also receive financial contributions from other Union financial instruments.
28.The coordinated package of personalised services complements actions funded by national or private funds, namely the regular suite of measures offered by the Public Employment Service, as well as those offered by the Swedish Job Security Councils TRR and TSL. It is also complemented by further EU funds, as a call under the national ESF+ programme has been published to boost capacity building in the region affected with the aim of reviving the labour market.
Procedures for consulting the targeted beneficiaries or their representatives or the social partners as well as local and regional authorities
29.Sweden has indicated that the coordinated package of personalised services has been drawn up in consultation with trade unions as representatives of the targeted beneficiaries, as well as the social partners, in compliance with Article 7(4) of Regulation (EU) 2021/691. A first meeting between the dismissing enterprise, the trade unions, the Public Employment Service, as well as the Swedish Job Security Councils TRR and TSL convened on 22 October 2024. During this meeting, a working group with representatives of these organisations was set-up.
30. The working group also agreed on the application for EGF assistance, and on the design of a package of measures in line with local and regional development strategies and employer’s needs.
Targeted beneficiaries and proposed measures
Targeted beneficiaries
31.The estimated number of displaced workers expected to participate in the measures is 5 800. Pursuant to Article 8(7), point (f), of Regulation (EU) 2021/691, the provided breakdown of these workers by gender, age group and educational level is as follows:
|
Category |
Number of
|
|||
|
Gender: |
Men: |
4 126 |
(71,1 %) |
|
|
Women: |
1 674 |
(28,9 %) |
||
|
Non-binary |
0 |
(0 %) |
||
|
Age group: |
Below 30 years: |
1 682 |
(29,0 %) |
|
|
30-54 years: |
3 944 |
(68,0 %) |
||
|
Over 54 years: |
174 |
(3,0 %) |
||
|
Educational level |
Lower secondary education or less 11 |
348 |
(6,0 %) |
|
|
1 740 |
(30,0 %) |
|||
|
Tertiary education 14 |
3 712 |
(64,0 %) |
||
Proposed measures
32.Pursuant to Article 8(7), point (h) of Regulation (EU) 2021/691, the personalised coordinated package to be provided to displaced workers consists of the following measures:
–In-depth assessment and individual planning: This measure is the core of the individual job search assistance. It covers in-depth sessions with an individual coach.
–Job-search activities and coaching: Both individual and group measures are offered, and cover coaching for individual contact sessions with potential employers, workshops, or motivational talks. Private service providers procured by the Public Employment Service offer individualised, comprehensive support in assessing a person’s skills, and in finding employment.
–Support for starting own business: Trainings offered by an external consultant to those interested in starting their own business.
–Start-up investment support: Jobseekers who start their own company will have the opportunity to apply for specific investment support of up to EUR 22 000. This may be used towards initial investments and equipment, business development costs, digital solutions and marketing.
–Labour market training: Short, practical vocational training sessions offered by the Public Employment Service which are targeted at jobseekers and aim to match skills in shortage occupations and meet current employment needs in the labour market. This may include the use of micro-credentials for the recognition of the learning acquired.
–Training courses within the regular education system: These courses are courses of at least two years, offered by training institutes or the higher education system. These courses would normally not be accessible to jobseekers. Courses can be adapted to individual needs, in particular to those without knowledge of the Swedish language.
–Steps to Work: This measure is geared at particularly vulnerable beneficiaries that might need special support to access the labour market or pursue education.
–Allowances: An allowance is paid to those doing an internship or preparing to launch their own business. An activity allowance is paid to those actively participating in the training measures offered. A mobility allowance is paid to cover travel and removal expenses if new employment is found in another region. Travel expenses for the participation in out-of-town job interviews can be reimbursed.
33.Digital and green skills: These measures cater for the dissemination of the skills required in the digital industrial age and in a resource-efficient economy, as required by Article 7(2) of Regulation (EU) 2021/691. The coordinated measures were designed in line with the skills needs resulting from the digital industrial age and the transition to a more resource-efficient economy 15 . The measures also include the validation of previous experience.
34.The proposed actions, here described, constitute active labour market policy measures within the eligible actions set out in Article 7 of Regulation (EU) 2021/691. These actions do not substitute passive social protection measures.
35.Sweden has provided the required information on measures that are mandatory for the enterprise concerned by virtue of national law or pursuant to collective agreements. In accordance with Article 9(1) of Regulation (EU) 2021/691, Sweden has confirmed that a financial contribution from the EGF will not replace such measures.
Estimated budget
36.The estimated total costs are EUR 14 210 537, comprising expenditure for personalised services of EUR 13 663 977 and expenditure for preparatory, management, information and publicity, control and reporting activities of EUR 546 560.
37.The total financial contribution requested from the EGF is EUR 8 526 322 (60 % of total costs).
38.Pursuant to Article 8(7), point (m), of Regulation (EU) 2021/691, Sweden has specified that the national pre-financing and co-funding is provided by Arbetsförmedlingen (Swedish Public Employment Service).
|
Measures |
Estimated number of participants |
Estimated cost per participant
|
Estimated total costs (EUR) 17 |
|
Personalised services (measures under Article 7(2), second subparagraph, point (a), of Regulation (EU) 2021/691) |
|||
|
In-depth assessment and individual planning (Kartläggning och individuell planering) |
5 800 |
57 |
330 688 |
|
Job-search activities and coaching (Jobbsökaraktiviteter och coachning) |
1 000 |
29 |
28 508 |
|
Job-search activities and coaching via providers (Jobbsökaraktiviteter och coachning via privata leverantörer) |
500 |
1 824 |
912 242 |
|
Support for starting own business (Stöd vid start av eget företagande) |
50 |
1 642 |
82 102 |
|
Start-up investment support (Investeringsstöd) |
100 |
21 715 |
2 171 502 |
|
Labour market training (Arbetsmarknadsutbildning) |
510 |
9 697 |
4 945 539 |
|
Training courses within the regular education system (Utbildning inom ordinarie utbildningssystem) |
40 |
17 105 |
684 182 |
|
Steps to Work (Steg till arbete (STA)) |
50 |
6 769 |
338 442 |
|
Sub-total (a): Percentage of the package of personalised services |
– |
9 493 205 |
|
|
(69,48 %) |
|||
|
Allowances and incentives (measures under Article 7(2), second subparagraph, point (b), of Regulation (EU) 2021/691) |
|||
|
Activity allowance while doing an internship or for preparing a business start-up (Finansiellt stöd (Aktivitetsstöd) för praktik och starta eget) |
150 |
5 473 |
821 018 |
|
Mobility allowance (Flyttbidrag) |
150 |
1 824 |
273 673 |
|
Activity allowance (Finansiellt stöd (Aktivitetsstöd) |
550 |
5 473 |
3 010 400 |
|
Travel allowance to participate in interviews (Finansiellt stöd för resa vid anställningsintervju) |
200 |
328 |
65 681 |
|
Sub-total (b): Percentage of the package of personalised services: |
– |
4 170 772 |
|
|
(30,52 %) |
|||
|
Activities under Article 7(5) of Regulation (EU) 2021/691 |
|||
|
1. Preparatory activities |
– |
63 071 |
|
|
2. Management |
– |
456 121 |
|
|
3. Information and publicity |
– |
13 684 |
|
|
4. Control and reporting |
– |
13 684 |
|
|
Sub-total (c): Percentage of the total costs : |
– |
546 560 |
|
|
(3,85 %) |
|||
|
Total costs (a + b + c): |
– |
14 210 537 |
|
|
EGF contribution (60 % of total costs) |
– |
8 526 322 |
|
39.The costs of the measures identified in the table above as measures under Article 7(2), second subparagraph, point (b), of Regulation (EU) 2021/691 do not exceed 35 % of the total costs for the coordinated package of personalised services. Sweden confirmed that these measures are conditional on the active participation of the targeted beneficiaries in job-search or training activities.
40.In accordance with Article 7(2), fourth subparagraph, of Regulation (EU) 2021/691, Sweden confirmed that the costs of investments for self-employment, business start-ups and employee take-overs will not exceed EUR 22 000 per beneficiary.
Period of eligibility of expenditure
41.Sweden started providing the personalised services to the targeted beneficiaries on 25 October 2024. The expenditure on the measures will therefore be eligible for a financial contribution from the EGF from 25 October 2024 until 24 months after the date of the entry into force of the Financing Decision, with the exception of education or training courses the duration of which is two years or more, which will be eligible until 31 months after the date of entry into force of the Financing Decision.
42.Sweden started incurring the administrative expenditure to implement the EGF on 25 October 2024. The expenditure for preparatory, management, information and publicity, control and reporting activities shall therefore be eligible for a financial contribution from the EGF from 25 October 2024 until 31 months after the date of the entry into force of the Financing Decision.
Management and control systems
43.The application contains a description of the management and control system required under Article 23 of Regulation (EU) 2021/691, which specifies the responsibilities of the bodies involved. Sweden has notified the Commission that the financial contribution will be managed by Arbetsförmedlingen, the Swedish Public Employment Service, as in previous EGF cases. Arbetsförmedlingen acts as the managing and paying authority. The EU and International Cooperation Unit in the Director-General’s Office has the overall responsibility for managing EGF measures. The Accounting and Reporting Unit in the Finance Department is responsible for managing the financial resources. A certifying function has also been designated to certify the project’s final accounts. Sweden also notified that an externally-sourced independent audit company will be contracted by the managing authority to provide an audit opinion on whether expenditure for which EU co-financing has been provided is legal and regular, the accounts detailing the programme expenditure give a true and fair view, and control systems put in place function properly.
Commitments provided by the Member State concerned
44.Sweden has provided all necessary assurances regarding the following:
–the principles of equality of treatment and non-discrimination will be respected in access to the proposed measures and their implementation,
–the requirements laid down in national and EU legislation concerning collective redundancies have been complied with,
–any double financing will be prevented,
–the financial contribution from the EGF will comply with the procedural and material Union rules on State aid.
BUDGETARY IMPLICATION
Budgetary proposal
45.The EGF shall not exceed a maximum annual amount of EUR 30 million (in 2018 prices), as laid down in Article 8 of Council Regulation (EU, Euratom) 2020/2093 of 17 December 2020 laying down the multiannual financial framework for the years 2021 to 2027 18 amended by Council Regulation (EU, Euratom) 2024/765 of 29 February 2024 19 .
46.Having examined the application in respect of the conditions set out in Article 13(1) and (2) of Regulation (EU) 2021/691, and having taken into account the number of targeted beneficiaries, the proposed measures and the estimated costs, the Commission proposes to mobilise the EGF for the amount of EUR 8 526 322, representing 60 % of the total costs of the proposed measures, in order to provide a financial contribution for the application.
47.The proposed decision to mobilise the EGF will be taken jointly by the European Parliament and the Council pursuant to Article 15(1), first subparagraph, second sentence, of Regulation (EU) 2021/691 and, as laid down in point 9 of the Interinstitutional Agreement of 16 December 2020 between the European Parliament, the Council of the European Union and the European Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, as well as on new own resources, including a roadmap towards the introduction of new own resources 20 .
Related acts
48.At the same time as it presents this proposal for a decision to mobilise the EGF, the Commission will present to the European Parliament and to the Council a proposal to transfer to the relevant budgetary line the amount of EUR 8 526 322.
49.At the same time as it adopted this proposal for a decision to mobilise the EGF, the Commission adopted a decision on a financial contribution that constitutes a financing decision within the meaning of Article 110 of Regulation (EU, Euratom) 2024/2509 21 . That financing decision will enter into force on the date on which the Commission is notified of the approval of the budgetary transfer by the European Parliament and the Council pursuant to Article 15(2), first subparagraph, of Regulation (EU) 2021/691.
2025/0326 (BUD)
Proposal for a
DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
on the mobilisation of the European Globalisation Adjustment Fund for Displaced Workers following an application from Sweden – EGF/2025/003 SE/Northvolt
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 Regulation (EU) 2021/691 of the European Parliament and of the Council of 28 April 2021 on the European Globalisation Adjustment Fund for Displaced Workers (EGF) and repealing Regulation (EU) No 1309/2013 22 , and in particular Article 15(1), first subparagraph, thereof,
Having regard to the Interinstitutional Agreement of 16 December 2020 between the European Parliament, the Council of the European Union and the European Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, as well as on new own resources, including a roadmap towards the introduction of new own resources 23 , and in particular point 9 thereof,
Having regard to the proposal from the European Commission,
Whereas:
(1)The European Globalisation Adjustment Fund for Displaced Workers (EGF) aims to demonstrate solidarity and promote decent and sustainable employment in the Union by providing support for workers made redundant and self-employed persons whose activity has ceased in the case of major restructuring events and assisting them in returning to decent and sustainable employment as soon as possible.
(2)The EGF is not to exceed a maximum annual amount of EUR 30 million (in 2018 prices), as laid down in Article 8 of Council Regulation (EU, Euratom) 2020/2093 24 amended by Council Regulation (EU, Euratom) 2024/765, and Article 16 of Regulation (EU) 2021/691.
(3)On 16 June 2025, Sweden submitted an application to mobilise the EGF in accordance with Article 8(1) of Regulation (EU) 2021/691, in respect of workers’ displacements in Northvolt (Northvolt AB) and its subsidiaries as well as in 13 subcontractors, suppliers and dowstream producers in Sweden. It was supplemented by additional information provided in accordance with Article 8(5) of Regulation (EU) 2021/691. That application is considered to comply with the conditions for providing a financial contribution from the EGF as laid down in Article 13 of Regulation (EU) 2021/691, on the basis of the assessment made by the Commission in the Proposal for a mobilisation decision of the European Parliament and of the Council 25 .
(4)The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 8 526 322 in respect of the application submitted by Sweden.
(5)In order to minimise the time taken to mobilise the EGF, this Decision should apply from the date of its adoption,
HAVE ADOPTED THIS DECISION:
Article 1
For the general budget of the Union for the financial year 2025, the European Globalisation Adjustment Fund for Displaced Workers shall be mobilised to provide the amount of EUR 8 526 322 in commitment and payment appropriations.
Article 2
This Decision shall enter into force on the day of its publication in the Official Journal of the European Union.
It shall apply from [the date of its adoption] 26*.
Done at Brussels,
For the European Parliament For the Council
The President
The President