Apollo Tyres cancels Hungarian investment -agency (Reuters via Yahoo! Malaysia News)

on Aug 14, 2008 via YahooNews

BUDAPEST, Aug 14 (Reuters) - India's Apollo Tyres has cancelled plans to invest 200 million euros ($298.2 million) in a new plant in the eastern Hungarian town of Gyongyos due to administrative hurdles, Hungarian news agency MTI reported on Thursday.

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