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Europe Daily Bulletin No. 12864

8 January 2022
ECONOMY - FINANCE / State aid
€24 million Hungarian support for Volta Energy Solutions approved
Brussels, 07/01/2022 (Agence Europe)

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...

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