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    European Commission Approves Public Aid for Intel’s Polish Investment

    The European Commission has given Poland the green light for public aid notification in support of Intel, as announced by Krzysztof Gawkowski, the Minister of Digital Affairs. The aid package, valued at over 7.4 billion PLN ($1.8 billion), will be distributed between 2024 and 2026.

    Speaking at a Friday conference, Gawkowski called this decision a significant step that had been anticipated for several months. The aid will support Intel’s planned semiconductor factory in Miękinia, near Wrocław. The Ministry of Digital Affairs, through Poland’s Office of Competition and Consumer Protection (UOKiK), is expected to officially notify the European Commission in the coming days. Concurrently, the Polish Council of Ministers will work on finalizing the necessary approvals for the aid package.

    Intel’s investment, valued at $4.6 billion, is aimed at building a semiconductor integration and testing facility. The project, announced in June 2023, is expected to create around 2,000 direct jobs and generate thousands more through suppliers and construction contracts.

    The approval process falls under the government’s “National Framework for Supporting Strategic Semiconductor Investments.” Additionally, Intel has applied for EU status as an open factory, a requirement for receiving public aid. The contract between Intel and the Polish government is expected to be signed by the end of the year.

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