Onkar S Kanwar awarded with 'Order of Merit' of Hungary

Posted by On 1:38 PM

Onkar S Kanwar awarded with 'Order of Merit' of Hungary

Newsletter A A NEW DELHI: Home-grown tyre manufacturer Apollo Tyres on Tuesday announced that the company chairman Onkar S Kanwar has been awarded with the Officers Cross (Civilian Division) of the ‘Order of Merit’ of Hungary.
Onkar S Kanwar awarded with ‘Order of Merit’ of Hungary This award has been given in recognition of Kanwar's work towards strengthening Hungarian-Indian economic relations through the company’s investment in Hungary, thereby helping create new jobs in Hungary.
This decoration was first awarded by the President of the Republic of Hungary, Janos Ader, on the recommendation of the Hungarian Prime Minister. H E Gyula Petho, Ambassador of Hungary to India, officially handed over the ‘Order of Mer it’ to Onkar S Kanwar in Delhi at a specially hosted reception.
Apollo Tyres has invested Euro 475 million to set-up the greenfield facility in Gyongyoshalasz, Hungary, which manufactures passenger car and commercial vehicle tyres. This facility currently employs 800 people, out of which nearly 95 per cent are locals.
This is Apollo Tyres’ second production facility in Europe, and sixth worldwide. The company is planning to commence first phase of production from this plant from 2019.


Newsletter A A Comment on thisSource: Google News Hungary | Netizen 24 Hungary

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