The EU Commission Commission approves a €24 million Hungarian investment aid to a manufacturing company’s extension of its battery copper foil plant (Volta Energy Solutions)

State aid: Commission approves €24 million Hungarian investment aid to Volta Energy Solutions' battery copper foil plant* The European Commission has found Hungary's €24 million investment aid to Volta Energy Solutions for the extension of a battery copper foil plant in the Hungarian region of Közép-Dunántúl (Central Transdanubia) to be in line with EU State aid rules. The aid will contribute to the development of the region, whilst preserving competition. The Hungarian measure Volta Energy Solutions (previously Doosan Energy Solution) is a subsidiary of Solus Advanced Materials Co. Ltd, a large Korean company, which produces copper foil, display materials, and biomaterials. The €24 million Hungarian investment aid will support Volta Energy

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European Commission, The EU Commission Commission approves a €24 million Hungarian investment aid to a manufacturing company’s extension of its battery copper foil plant (Volta Energy Solutions), 7 January 2022, e-Competitions January 2022, Art. N° 104788

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