US EditionApollo Tyres plans to halt production at Enschede plant amid cost pressures and market changes
5 Articles
5 Articles
Tire factory Apollo Tyres Vredestein in Enschede will close its doors in just over a year. Owner Apollo Tyres from India sees no future for the company that is more than a hundred years old. The management announced this this afternoon to the approximately 500 employees. Trade union FNV calls it a black day. "Deeply sad, for employees who have often worked there for generations", says director Monique Daamen. Apollo no longer sees any point in t…
Apollo's tire factory in Enschede will close next summer, which will put 500 people out of work. This was reported by the unions FNV and CNV. The entire production will be transferred to the factory in Hungary. "The reason is inflation and high energy costs, we were told," says CNV director Nicole Engmann-van Eijbergen.
Apollo Tyres plans to halt production at Enschede plant amid cost pressures and market changes
Apollo Tyres NL BV has formally submitted a Request for Advice to the Works Council regarding its intention to cease tyre production and related operations at its Enschede facility in the Netherlands by the summer of 2026. Employees were informed of the proposed decision during a recent town hall meeting. The move follows an extensive evaluation and is prompted by a combination of persistent challenges, including rising macro-economic pressures,…
Enschede is losing an "iconic" company for the city with the Apollo tire factory, says mayor Roelof Bleker. He speaks of a "dramatic announcement for hundreds of employees and their families".
Apollo Tyres To Close Production in Enschede, Netherlands
The Apollo Tyres NL BV board has submitted a request for Advice to the Works’ Council. This concerns the intended decision to discontinue tyre production and production-related activities at the plant in Enschede, the Netherlands. All by the summer of 2026. All staff members were informed accordingly during a town hall meeting. Investigation and Careful Consideration Sparks Closure This intended decision comes after a thorough investigation and …
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
