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Mobilisation of the European Globalisation Adjustment Fund for Displaced Workers: application EGF/2025/005 AT/KTM - Austria

TA-10-2026-0103 · P10_TA(2026)0103 · PE784.472

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Parliament approves the mobilisation of the European Globalisation Adjustment Fund for Displaced Workers (EGF) with EUR 1 806 624 for Austria following the insolvency of KTM, which displaced 1 488 workers in Upper Austria. The resolution notes the application details, the measures to be provided, and stresses the need for visibility, evaluation, and prevention of such closures.

Key points

  1. Parliament agrees that Austria meets the EGF conditions and is entitled to EUR 1 806 624, representing 60% of the total cost of EUR 3 011 040.
  2. The application relates to 1 488 workers affected by KTM's insolvency, with 420 targeted beneficiaries expected to participate in measures.
  3. Parliament notes that KTM moved production to China and India in December 2023, leading to job losses, and that an investor ensured continuation in May 2025.
  4. Unemployment in the Braunau district rose by 37.1% in November 2024 and reached an all-time high in 2025.
  5. Personalised services include case management, career guidance, training, job-search support, and training allowances, with emphasis on future-oriented jobs.
  6. Parliament stresses that the EGF cannot replace proactive industrial policy and calls for preventing closures and investing in skills.
  7. Austrian authorities must ensure visibility of Union funding and provide effective information to beneficiaries and the public.
  8. Parliament calls for thorough final evaluations of measures, including clear information on fund usage.
  9. The eligibility period for EGF contribution runs from 1 March 2025 for 24 months for services and 31 months for administrative expenditure.
  10. Austrian authorities assured respect for equality and non-discrimination and prevention of double financing.
  11. EGF assistance must not replace actions that are the responsibility of companies under national law or collective agreements.

Who is affected

  • Displaced workers from KTM in Upper Austria, particularly 420 targeted beneficiaries, will receive personalised services.
  • Regional businesses and employers in Upper Austria are expected to cooperate in training and requalification programmes.

Figures and deadlines

  • EUR 1 806 624 financial contribution, 60% of total cost EUR 3 011 040.
  • 1 488 displacements in KTM, with 233 in reference period and 1 255 outside.
  • 420 targeted beneficiaries expected to participate.
  • Unemployment rose by 37.1% in November 2024.
  • Eligibility period from 1 March 2025 for 24 and 31 months.