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Europe Daily Bulletin No. 12916

23 March 2022
Contents Publication in full By article 22 / 32
ECONOMY - FINANCE - BUSINESS / State aid
Green light for €209 million in Hungarian support for construction of SK On Hungary’s electric vehicle battery plant
Brussels, 22/03/2022 (Agence Europe)

The European Commission approved, on Tuesday 22 March, €209 million Hungarian State Aid for SK On Hungary.

The investment aid will support the construction of a new battery cell manufacturing plant in the Közép-Dunántúl region.

SK On Hungary (formerly SK Battery Hungary) is part of the SK Group, a South Korean company active globally in various industries, including energy, chemicals, semi-conductors, information and communications technology, logistics and service.

In December 2021,...

Contents

Russian invasion of Ukraine
SECURITY - DEFENCE
EXTERNAL ACTION
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
NEWS BRIEFS