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European Commission says Hungary to host Apollo’s new tyre plant, endorses proposed investment

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Apollo Tyres hasn’t officially announced where its planned European factory will be built, but it looks as if the honour has gone to Hungary. Today the European Commission confirmed that a proposal to give Apollo Tyres (Hungary) Kft. €95.7 million (approximately HUF 29 billion) in regional investment aid for the construction of a tyre plant in Gyöngyöshalász is in line with European Union state aid rules. The Commission found that the aid granted by Hungary favours regional development, while any distortions of competition will remain limited.

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Maritime Cargo Services receives EU accreditation

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AEO certification

Freight forwarding company Maritime Cargo Services has recently been made an Authorised Economic Operator (AEO) in the UK by the European Union. The AEO certificate is an internationally recognised quality mark indicating the security of a company’s role in the international supply chain, with “efficient and compliant” customs controls and procedures.

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