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State aid: Commission opens investigation into proposed public support for Samsung plant in Hungary

State aid: Commission opens investigation into proposed public support for Samsung plant in Hungary

4 mins read

The FINANCIAL -- The European Commission has opened an in-depth investigation to assess whether Hungary's plans to grant €108 million of public support to Samsung SDI for investing in the expansion of its battery cell production facility in Göd (Hungary) is in line with EU rules on regional State aid.…