The EU Commission opens an in-depth investigation into whether Hungarian support for a new auto parts plant breaches State aid rules (Rubin NewCo)

State aid: Commission opens in-depth investigation into Hungarian support for new auto parts plant in Észak Magyarország* The European Commission has opened an in-depth investigation to assess whether public support that Hungary plans to grant for the construction of a new automotive components plant in Észak Magyarország is in line with EU State aid rules. The beneficiary of the measure would be Rubin NewCo Kft. The Commission's investigation In 2021, Hungary notified the Commission of its plans to grant Rubin NewCo Kft €43.76 million of public support for the construction of a new automotive components plant in the northern Hungary