BUDAPEST, July 9 The European Commission has
started an in-depth probe into state aid granted in Hungary to
German carmaker Audi to see whether it met EU rules,
the Commission said on Wednesday.
The EU executive said Hungary planned to grant 133.3 million
euros ($181.8 million) of state aid to Audi related to a 1.2
billion euro investment project in the town of Gyor, in western
The Commission said it had concerns the aid could harm
"Given the size of the project and the market share of the
Volkswagen Group - the owner of AUDI - the
Commission needs to verify the impact of the project on regional
development and whether the aid is necessary to carry out the
investment in Gyor," it said in a statement.
In the same statement, the Commission said it had authorised
German aid worth 43.67 million euros to Volkswagen/Porsche in
"For BMW, also based in Leipzig, the Commission
has found that only part of the planned aid was necessary to
carry out the project and has therefore authorised 17 million
euros out of the 45 million euros planned by Germany," it added.
($1 = 0.7331 Euros)
(Reporting by Krisztina Than; Editing by Mark Potter)