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Appollo Tyres to reduce over 500 jobs at Netherlands plant

    
Appollo Tyres to reduce over 500 jobs at Netherlands plant


Highlights :

  • Appollo Tyres to reduce over 500 jobs at Netherlands plant, focused on specific segment
  • To focus on high value segment passenger car tyre 
  • The company had acquired Vredestein Banden BV (VBBV) in 2009

Appollo Tyres on Tuesday said that it is going to reduce over 500 jobs at Netherlands plant, to focus on specific segment.
To focus on high value segment passenger car tyres and it's earlier capacity for agricultural and Spacemaster tyres.

The company had acquired Vredestein Banden BV (VBBV) in 2009 for an undisclosed sum. 

About Appollo Tyres :

Appollo Tyres Limited is the world's 7th largest tyre manufacturer. It was in incorporated in 1972.

It's first plant was commissioned in Kelara, India. The company has 4 manufacturing units in India, one in Netherlands and one in Hungary.

The company is headquartered in Gurgaon, Haryana, India.

  
Appollo Tyres

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