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Europe Daily Bulletin No. 9945

18 July 2009
Contents Publication in full By article 19 / 39
GENERAL NEWS / (eu) eu/state aid
Commission approves Hungarian aid to Mercedes-Benz

Brussels, 17/07/2009 (Agence Europe) - On Thursday 16 July, the European Commission authorised aid of HUF 29.7 billion (€111.5 million), which the Hungarian authorities intend to grant to Mercedes-Benz Hungary. The car manufacturer, owned by Daimler AG, wants to build of a new car manufacturing plant in the region of Dél-Alföld. The Commission has given the go-ahead since the Hungarian aid is in line with the requirements of the Regional Aid Guidelines 2007-2013.

The project is for the...

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