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Apollo Tyres commissions first overseas greenfield facility in Hungary

Apollo Tyres commissions first overseas greenfield facility in Hungary

Saturday, April 8, 2017, 11:18 PM

Apollo Tyres commissioned its 475 million euro first greenfield manufacturing facility out of the country near Budapest in Hungary. The unit would have capacity to manufacture 5.5 million passenger car and light-truck tyres and 675,000 commercial-vehicle tyres upon completion of the first phase of expansion. The facility would roll out both Apollo and Vredestein brand of tyres for the Europe.
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