Global Trade Alert
Global Trade Alert

Poland: Investment aid granted to LG Chem

Announcement

28 Jan 2019

On 24 February 2017, Poland notified the European Commission of providing investment aid to LG Chem's electric vehicle battery plant. The European Commission approved the project on 28 January 2019.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Jul 2016

Revocation date:

30 Jun 2019

Updated: 28 Jan 2019
FDI: Financial incentive

On 28 January 2019, the European Commission approved investment aid provided by Poland to LG Chem having a total value of EUR 36 million (approx. USD 40 million). The investment aid will ...

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