Mon. Sep 16th, 2024

Brussels, 12 May 2023

The European Commission has approved, under EU State aid rules, an amendment to Hungary’s map for granting regional aid from 1 January 2022 to 31 December 2027, within the framework of the revised regional aid guidelines.

On 16 September 2021, the Commission approved the 2022-2027 regional aid map for Hungary. On 22 December 2022, the Commission approved Hungary’s Territorial Just Transition Plans that identify the territories eligible for support from the Just Transition Fund. The territories are located in regions eligible for aid under Article 107(3)(a) Treaty on the Functioning of the European Union (so-called ‘a’ areas), which allows aid to support the most disadvantaged regions.

In order to further address regional disparities, the amendment to Hungary’s regional aid map approved today enables higher maximum amounts of aid to investments in those territories. The maximum amounts of aid will increase from 50% to 60% of the eligible investment costs in parts of the regions of Dél-Dunántúl and Észak Magyarország.

The non-confidential version of today’s decision will be made available under the case number SA.107119 in the State Aid Register on the Commission’s competition website. New publications of state aid decisions on the internet and in the Official Journal are listed in the Competition Weekly e-News.

Source – EU Commission

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