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Document 52006XC1208(02)

    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)

    JO C 298, 8.12.2006, p. 14–14 (ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV)

    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


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