Budapest – Apollo Tyres is today marking the official opening of its new tire production plant in Gyöngyöshalász, Hungary – the group’s first greenfield facility outside of India.
The €475-million unit has been built in an area of over 72 hectares with “the most modern, state-of-the art technology,” the company announced ahead of the inauguration.
Under phase 1 of the project, the plant will have capacity to manufacture 5.5 million passenger car tires and 765,000 truck radial tires a year.
According to Apollo officials, the new plant is designed “to address the bottlenecks experienced in traditional tire plants, particularly today’s increasing market demands for greater flexibility in the manufacture and supply of tires.”
Apollo’s head of project electrical & electronics in Hungary, Shibu George and Csaba Mákos, Hungary plant head will be taking part in ERJ-organised Future Tire Conference 2017 on 27-28 June in Cologne, Germany to discuss the latest technologies applied at the new facility.