Apollo Vredestein to Shut Down Plants in Europe
Apollo Vredestein BV is scaling back production at its European plants in Hungary and the Netherlands “to protect our workforce in line with government health and advisory measures.”
Production of passenger tires at the company’s plant in the Netherlands “will cease” on March 27 for an initial two-week period. Apollo’s plant in Hungary will shut down on March 28 for a two-week duration.
“Plans fully to reopen both plants will be announced in due course, as the company continues to evaluate the market conditions and health and safety of its employees,” say Apollo officials, who add that the company’s sales and distribution channels remain open, albeit “under strict precautions to ensure the safety of our employees.”