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Commission approves €89.6 million Hungarian investment aid to Samsung SDI's electric vehicle battery plant

The European Commission has found Hungary's €89.6 million measure in favour of Samsung SDI to be in line with EU State aid rules. The investment aid will support the expansion of Samsung SDI's battery cell production facility for electric vehicle in Göd. The aid will contribute to the development of the region and to job creation, whilst preserving competition.

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date:  28/02/2023

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State aid