The Ministry for National Economy Has Good News
Indian multinational company Apollo Tyres will create 1000 new jobs, portfolio.hu says.
The European Commission has announced that the Hungarian Government can support the Hungarian investment of the Indian tire plant, which as a result 1000 new jobs will be created in Gyöngyöshalász, Heves county.
The new project is the success of the investor-friendly policy of our country. The factory costs HUF 140 billion nad according to the plans, it will produce 16 thousand car and 3 thousand utility vehicle tires daily.
According to the Gorvernment, they are committed to catch up the LFAs (Less Favoured Areas), therefore they help the investment EUR 48,2 million direct support, EUR 2,8 million employment support and EUR 44,7 million tax benefit in the settlement struggling with a high rate of unemployment, portfolio.hu says.
based on the article of portfolio.huÂ
translated by Becsi
Photo:Â www.livemint.com
Source: http://portfolio.hu/