Apollo Tyres inaugurates Rs 3246 crore Hungary plant

Prime Minister of Hungary Viktor Orban formally inaugurated Apollo Tyres’ 6th global tyre manufacturing unit and the second one in Europe. Present, on the occasion were Peter Szijjarto, Hungarian Foreign Affairs & T...

Apollo Tyres to invest Rs 3744 cr in Hungary

Apollo Tyres will be setting up a greenfield facility in Eastern Europe in Hungary. According to an Apollo Tyres press release, Hungary was chosen after a consideration of various factors over some of the neighbouri...

Michelin to shut its truck tyre plant in Budapest

As a result of the adverse trends and aggressive competition in the European truck tyre market, which remains volatile and 23pc down on its historic peak in 2007, Michelin has announced its intention to close its tr...




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