Hungary’s aid for GKN Automotive’s new plant in Észak Magyarország not approved

The European Commission has concluded that Hungary’s plan to support the construction of GKN Automotive Hungary Kft’s new automotive components plant in Észak Magyarország is not in line with EU State aid rules.
Hungary planned to grant EUR 43.76 million (around HUF 15.9 billion) to GKN Automotive for this constructi....

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