Czech-based off-highway tire manufacturer Mitas announced a 3.5 million euro upgrade of its factory in Ruma, Serbia. According to the company, the factory is strategically placed to supply the Russian Federation since Russia and Serbia enjoy special trade relations.
The Ruma factory, built in 1981, produces agricultural tires. Mitas acquired the plant in 2008; the tiremaker also has two production facilities in the Czech Republic. Currently the plant is capable of producing, for example, large radial tires used widely by Russian farmers.
“The Ruma factory takes advantage of the Free Trade Agreement between Russia and Serbia,” Mitas CEO Jaroslav Cechura said. “Mitas expands production capacity of radial tractor and combine tires.
“Serbia’s strategic location, skilled work force, effective production costs and EU-candidate country status make it a perfect springboard for high-flying EU companies,” he continued.
The Ruma facility recently obtained the ISO 9001 certificate and it has been fully integrated within Mitas parent company CGS Holding. In 2012, the environmental management system ISO 14001 will be implemented.