Global Trade Alert
Global Trade Alert

Poland (Dolnośląskie): EUR 95 million investment aid granted to LG Chem

Announcement

18 Mar 2022

In March 2022, the European Commission approved an aid package to support the construction of a battery production facility for electric vehicles in the Polish region of Dolnośląskie.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Mar 2022

Revocation date:

No revocation date

Updated: 18 Mar 2022
Tax or social insurance relief In force
On 18 March 2022, the European Commission approved a PLN 119 (USD 27.9) million corporate tax relief measure from Poland. This tax relief will support the construction of LG Chem's electric vehicles b...
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Updated: 18 Mar 2022
Financial grant In force
On 18 March 2022, the European Commission approved a PLN 242 (USD 56.7) million financial grant from Poland to support the construction of LG Chem's electric vehicles battery plant in the region of Do...
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