Vučić to attend inauguration of Toyo Tires’ new factory in Inđija

Serbian President Aleksandar Vučić will attend today the inauguration of the tire factory of the Japanese company Toyo Tires in Inđija.

The Japanese company said earlier said that Toyo Tires and Nitto brands will be produced at the Inđija factory.

The opening ceremony will also be attended by the CEO of Toyo Tires Corporation, Takashi Shimizu and the Japanese Ambassador to Serbia, His Excellency Katsumata Takahiko.

The factory in Inđija is the first greenfield investment of the Japanese corporation Toyo Tires in Serbia, but also in the whole of Europe. The production plant will produce five million tires per year that will be exported to Europe, the Middle East, Africa and North America.

Toyo Tire Corporation has been one of the global leaders in tire manufacturing for more than 70 years. It has seven tire factories and four automotive parts factories, as well as nearly 13,000 employees worldwide.

The investment in Inđija is worth 382 million euros and the company will employ 560 workers.

(B92, 14.12.2022)

This post is also available in: Italiano

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