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Europe Daily Bulletin No. 12106

29 September 2018
ECONOMY - FINANCE - BUSINESS / State aid
Green light to Hungarian investment aid measure for benefit of a chemicals company
Brussels, 28/09/2018 (Agence Europe)

On Friday 28 September, the European Commission approved the Hungarian investment aid measure of €45 million awarded to the chemicals company BordosChem.

BorsodChem plans to invest €142 million in a new facility for the production of aniline within one of its existing factories, in Kazincbarcika, in Hungary. Aniline is a chemical used as an input, for instance in construction, automotive production and household electronic goods.

Currently, the substance is imported by BorsodChem, a...

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