8.12.2006   

EN

Official Journal of the European Union

C 298/14


Information communicated by Member States regarding State aid granted under Commission Regulation (EC) No 70/2001 of 12 January 2001 on the application of Articles 87 and 88 of the EC Treaty to State aid to small and medium-sized enterprises

(Text with EEA relevance)

(2006/C 298/08)

Aid No

XS 58/05

Member State

Hungary

Region

Entire country

Title of aid scheme or name of company receiving individual aid

Partner Credit Programme

Legal basis

A Magyar Fejlesztési Bank Rt. Igazgatóságának 14/2005. (I. 17.) számú határozata

Annual expenditure planned or overall amount of individual aid granted to the company

Expenditure under the programme (credit to be provided) is HUF 10 billion (EUR 40 million)

Maximum aid intensity

Small enterprises 15 %

Medium-sized enterprises 7,5 %

Date of implementation

The Board of Directors of the Hungarian Development Bank adopted the programme on 17 January 2005.

Duration of the scheme or individual aid award

Until 31.12.2006

Objective of aid

Provision of low-cost investment loans for investments carried out outside the European Union

Economic sectors concerned

Note:

All sectors

No aid under the programme may be provided for agriculture and fisheries or for coalmining.

Name and address of the granting authority

Magyar Fejlesztési Bank Rt.

Nádor u. 31.

H-1051 Budapest