Toyo Tire Opens Car Tire Factory in Indjija – Production for Markets of Europe, Middle East, Africa and North America
Source: eKapija
Wednesday, 14.12.2022.
14:21
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Illustration (Photo: Vladislav Gajic/shutterstock)
The factory will produce 5 to 10 million tires of premium class a year for the markets of Europe, Middle East, Africa and North America. The factory in Indjija, in which 560 workers are employed, is the first greenfield investment of Toyo Tire in Serbia, but also the entire Europe, in which the Toyo Tires and Nitto brand will be produced.
That is also the biggest Japanese investment in Serbia so far.
Innovative technologies will be implemented in the factory in Indjija in the work process, with compliance with the highest world standards in the protection of the environment and energy efficiency.
The plan is for the export from Indjija, as announced when the construction of the factory began in December 2020, to be at the level of EUR 240 million a year.
The Municipality of Indjija has provided land of 63 ha and the necessary infrastructure.
The opening ceremony was attended by the president of Serbia, Aleksandar Vucic, the CEO at Toyo Tire Corp, Takashi Shimizu, and the ambassador of Japan to Serbia, Takahiko Katsumata.
The corporation Toyo Tire is one of the leading world producers of tires for more than 70 years, with seven tire factories and four car part factories, as well as nearly 13,000 employees worldwide.
Companies:
Vlada Republike Srbije
Toyo Tire Serbia d.o.o. Inđija
Mitsubishi corporation Beograd
Ambasada Japana Beograd
Tags:
Toyo Tire
Embassy of Japan
Aleksandar Vucic
Takashi Shimizu
Takahiko Katsumata
Middle East
Africa
North America
opening of car tire factory
production of car tires
production of premium class tires
construction of car tire factory
export of car tires
Toyo Tires greenfield investment
production of Toyo Tires brand
production of Nitto brand
Japanese investment subsidy
production of car parts
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