Hungarian City ‘Invites’ Apollo Factory Bid

The Hungarian city of Polgar, has reportedly invited a bid for Apollo Tyres to build a 200 million euro factory there after the Indian company withdrew its application to locate the project in Gyongyos (North Hungary) after delays in acquiring permits and a planned local referendum on the plant. “Located along motorway M3, Polgar and its industrial park would offer excellent basic infrastructure and a 50-hectare area to the project,” Polgar’s mayor told the media.