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Europe Daily Bulletin No. 12544

25 August 2020
Contents Publication in full By article 21 / 27
ECONOMY - FINANCE - BUSINESS / State aid
In-depth investigation into Polish aid to LG Chem
Brussels, 24/08/2020 (Agence Europe)

The European Commission decided on 11 August to open an in-depth investigation into €95 million of state aid granted by Poland to the chemical company LG Chem for the development of a production facility for electric vehicle battery cells in the region of Dolnośląskie.

We will carefully examine whether the support granted by Poland was necessary for LG Chem'sdecision to expand its existing cell production facility in that Member State”, promised Margrethe Vestager, Vice-President of...

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