On Friday 7 January, the European Commission decided to approve €24 million of investment aid granted by Hungary to Volta Energy Solutions for the expansion of a battery copper foil manufacturing plant in the Hungarian region of Közép-Dunántúl (Central Transdanubia).
Volta Energy Solutions (formerly Doosan Energy Solution) is a subsidiary of Solus Advanced Materials Co. Ltd, a large Korean company, which produces copper foil, display materials and biomaterials.
The €24 million...