Article 4, Paragraph 2. · Regulation (EU) 2021/691

Contents

2.In the case of major restructuring events, a financial contribution from the EGF shall be provided where one of the following circumstances applies:

(a)the cessation of activity of at least 200 displaced workers or self-employed persons, over a reference period of four months, in an enterprise in a Member State, including where that cessation of activity applies to its suppliers or downstream producers;

(b)the cessation of activity of at least 200 displaced workers or self-employed persons, over a reference period of six months, particularly in SMEs, where all operate in the same economic sector defined at NACE Revision 2 division level and are located in one region or two contiguous regions defined at NUTS 2 level or in more than two contiguous regions defined at NUTS 2 level provided that there are at least 200 workers or self-employed persons affected in two of the regions combined;

(c)the cessation of activity of at least 200 displaced workers or self-employed persons, over a reference period of four months, particularly in SMEs, where all operate in the same or different economic sectors defined at NACE Revision 2 division level and located in the same region defined at NUTS 2 level;

(d)the existence of projected collective redundancies concerning at least 200 workers affected by imminent job displacement in a single enterprise undergoing restructuring in a single Member State.