Global Trade Alert
Global Trade Alert

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Hungary: Investment support to Samsung SDI to support electric vehicle batteries production

Description

On 14 October 2019, the European Commission approved Hungary's financial grant to Samsung SDI Magyarország Zrt (Samsung SDI) to support the investment in the production of batteries cells for electric...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Oct 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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