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DETEC Ordinance of 18 January 2011 on Accounting in Licensed Enterprises [ ALEO ]

7. Notes that the redundancies at Aleo Solar AG are expected to have a negative impact on the Prenzlau/Brandenburg region, where per capita income is well below the national average and the unemployment rate the highest in Germany with 15,5 % and 16,4 % respectively; highlights that the inclusion of the redundancies from Aleo Solar AG would increase this rate by 0,9 %; regrets that there is no immediate prospect of the redundant workers finding any equivalent new jobs, due to a relatively low population density and lack of potential employers: the area has mostly small and medium-sized enterprises, and only 10 enterprises (0,3%) have m ...[+++]ore than 249 workers (Aleo Solar AG was one of these major employers);

D. whereas Germany submitted application EGF/2014/014 DE/Aleo Solar for a financial contribution from the EGF, following 657 redundancies, 390 from Aleo Solar AG, a company operating in the NACE 2 Division 26 'Manufacturing of computer, electronic and optical products', and 267 from its two subsidiaries, with 476 persons expected to participate in the measures, during and after the reference period from 7 March 2014 to 7 July 2014, linked to a decline in the Union's market share in solar module companies;

4. Considers that the redundancies in Aleo Solar AG are linked to major structural changes in world trade patterns due to globalisation, with the revenue share of China increasing from 11 % to 45 %, while that of Germany fell from 64 % to 21 % between 2005 and 2011; notes that due to huge Chinese overcapacities in solar modules, which neither its own consumers nor the world market can absorb, EU prices dropped by 40 % in 2011 compared to 2010 and thus below the production costs of Aleo Solar AG; notes that in 2013, the EU approved additional duties on solar modules originating in China, and a minimum price which is still, however, belo ...[+++]w the production costs of German producers;

- COM(2014)0726 is a proposal for an EGF contribution of EUR 1 094 760 for active labour market measures in order to facilitate the re-integration of 657 workers made redundant in aleo solar AG and its two subsidiaries, aleo solar Dritte Produktion GmbH (Prenzlau) and aleo solar Deutschland GmbH (Oldenburg), operating in the sector of the manufacture of computer, electronic and optical products in the regions of Brandenburg and Weser-Ems, Germany.