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Europe Daily Bulletin No. 12914

19 March 2022
Contents Publication in full By article 16 / 25
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves aid for expansion of LG Chem’s electric vehicle battery plant in Poland
Brussels, 18/03/2022 (Agence Europe)

On Friday 18 March, the European Commission decided to validate, after an investigation, €95 million of public support granted by Poland to the chemical company LG Chem Group (‘LG Chem’) in order for the company to invest in the expansion of its production capacity for electric vehicle batteries, which is based in Biskupice Podgórne, in the Dolnośląskie region of Poland.

The aid will contribute to job creation and to the economic development of a disadvantaged region, without...

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