Objective of the measure. (4) Through the measure, the Hungarian authorities intend to promote regional development by providing regional investment aid (in the form of a cash grant and a tax benefit) for the setting-up of a new establishment for the production of automotive components (sideshafts, propshafts and sub-components such as joints) in Felsőzsolca industrial zone in Miskolc, Borsod-Abaúj-Zemplén County (NUTS 3 code HU311), situated in the Northern Hungary region (NUTS 2 code HU31). This area was eligible for regional aid under Article 107(3)(a) TFEU on the basis of the Hungarian regional aid map for the period from July 2014 to December 2021 (‘regional aid map 2014’) (2) and remained eligible on the basis of the Hungarian regional aid map for the period from January 2022 to December 2027 (‘regional aid map 2022’) (3). Both maps established the standard regional aid ceiling for that area at 50 %.
