Announcement
14 Aug 2025
In August 2025, the European Commission approved a EUR 264 (USD 307.8) million Hungarian state aid measure to support the establishment of an electric vehicle battery plant in Nyíregyháza. The aid will benefit Hungary Sunwoda Automotive Energy Technology Kft.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
14 Aug 2025
Revocation date:
No revocation date
Updated: 14 Aug 2025
Tax or social insurance relief
In force
On 14 August 2025, Hungary received approval from the European Commission for a EUR 264 (USD 307.8) million state aid measure designed to support Hungary Sunwoda Automotive Energy Technology Kft in...
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Updated: 14 Aug 2025
Financial grant
In force
On 14 August 2025, Hungary received approval from the European Commission for a EUR 264 (USD 307.8) million state aid measure designed to support Hungary Sunwoda Automotive Energy Technology Kft in...
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