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Commission awards ECU 54.4 million to Nordjylland, Denmark

The European Commission is to award ECU 54.4 million to the Danish region of Nordjylland, under Objective 2 of the Structural Funds. The Community funding, which is expected to be part of a total investment of ECU 222.3 million, will go to 16 of the 27 municipalities of the r...

The European Commission is to award ECU 54.4 million to the Danish region of Nordjylland, under Objective 2 of the Structural Funds. The Community funding, which is expected to be part of a total investment of ECU 222.3 million, will go to 16 of the 27 municipalities of the region, with a combined population of 375,000. The funding will contribute to the regeneration of the area, which has suffered high unemployment since a crisis in the shipbuilding industry some ten years ago. The programme is expected to contribute to the creation of about 2,100 new jobs and the training of a further 4,800 people. These activities will, in particular, target SMEs, helping to increase export opportunities or introduce new technologies and processes.

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