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DRAFT REPORT (COM(2026)0400 – C100199/2026 – 2026/0220(BUD))

On the 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 Finland – EGF/2026/003 FI/Valmet Automotive

BUDG-PR-792011

Committee on Budgets · Rapporteur: Nicolae Ștefănuță

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✦ In short · AI summary of this text, generated 25 Sept 2026

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This is a draft report by the Committee on Budgets on a Commission proposal to mobilise the European Globalisation Adjustment Fund for Displaced Workers for Finland, following an application linked to 260 displacements at Valmet Automotive and five suppliers. The rapporteur agrees that the conditions of the EGF Regulation are met and that Finland is entitled to EUR 410 310, which is 60% of a total cost of EUR 683 850. The report notes that 233 displaced workers in Länsi-Suomi will be targeted beneficiaries and lists the personalised services to be provided, including job-seeking training, coaching, vocational and language training, safety cards, start-up grants and incentives. It asks the Finnish authorities to ensure visibility of Union funding, calls for thorough final evaluations, and stresses that EGF assistance must not replace actions that are the responsibility of public authorities or companies. The rapporteur approves the decision annexed to the resolution.

Committee position. The rapporteur agrees with the Commission that the conditions of the EGF Regulation are met and that Finland is entitled to EUR 410 310, approves the decision annexed to the resolution, and calls for visibility of Union funding and thorough final evaluations.

Key points

  1. The report concerns the mobilisation of the European Globalisation Adjustment Fund for Displaced Workers following an application from Finland for 260 displacements at Valmet Automotive and five suppliers.
  2. It agrees with the Commission that the conditions of the EGF Regulation, in particular Article 4(2), point (a), are met and that Finland is entitled to EUR 410 310.
  3. The financial contribution represents 60% of the total cost of EUR 683 850, comprising EUR 663 850 for personalised services and EUR 20 000 for preparatory, management, information and publicity, control and reporting activities.
  4. The application was submitted on 5 May 2026; the Commission finalised its assessment on 24 July 2026 and notified Parliament on 24 August 2026.
  5. The application relates to 260 displaced workers, of whom 233 residing in Länsi-Suomi will be targeted beneficiaries.
  6. The report notes Valmet's staff reductions, the dismissal of 235 workers and temporary lay-off of 860 workers, and an unemployment rate in Länsi-Suomi of 12.3% in December 2025.
  7. It notes that 95% of displaced workers have post-secondary education or lower and 27.5% are aged over 54, and calls on the Finnish authorities to address social disparities leading to exclusion from the workforce.
  8. Personalised services to be provided consist of job-seeking training, job and career coaching, vocational training, occupational safety and competence cards, language training, start-up grants, and incentives and allowances.
  9. The Finnish authorities shall ensure the visibility of Union funding and provide effective and targeted information to beneficiaries, regional and local authorities, social partners, and the wider public.
  10. The report calls for thorough final evaluations of the measures, including information on the use of funds, the success of reintegration, and whether the measures achieved the objectives of the EGF.
  11. Finland started providing personalised services on 23 March 2026; the eligibility period runs until 24 months and until 31 months after the entry into force of the financing decision, respectively.
  12. The Finnish authorities assured that equality of treatment and non-discrimination will be respected and that double financing will be prevented; EGF assistance must not replace actions that are the responsibility of public authorities or companies.

Who is affected

  • Finland: receives a financial contribution of EUR 410 310 from the EGF for 233 targeted beneficiaries.
  • Displaced workers from Valmet Automotive and five suppliers: receive personalised services such as training, coaching and grants.
  • Finnish authorities: must ensure visibility of Union funding, prevent double financing, and provide final evaluations.

Figures and deadlines

  • EUR 410 310: financial contribution from the EGF, 60% of total cost.
  • EUR 683 850: total cost of the proposed actions.
  • EUR 663 850: expenditure for personalised services.
  • EUR 20 000: expenditure for preparatory, management, information and publicity, control and reporting activities.
  • 260: displaced workers covered by the application.
  • 233: targeted beneficiaries residing in Länsi-Suomi.
  • 12.3%: unemployment rate in Länsi-Suomi in December 2025.
  • 95%: displaced workers with post-secondary education or lower; 27.5% aged over 54.