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New investments and new jobs in Serbia

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Today in Indjija, the President of Serbia, Aleksandar Vucic, will attend the solemn ceremony of laying the foundation stone for the construction of the tire factory of the Japanese company Tojo Tires.
It is one of the world’s largest tire companies that will build a factory in the Northeast Industrial Zone of the Municipality of Indjia, two kilometers from the center.
The President of the Municipality of Indjija, Vladimir Gak, said earlier that it would be the most significant investment so far in Serbia, considering the amount of investment of 367 million euros in the first phase, the size of the facility, and the fact that Toyo Tires belongs to the Mitsubishi Corporation.
The main contractor for the construction of the hall, which will cover about 20 hectares, as he said, will be the Japanese company Takenaka, but there will also be room for our builders as subcontractors.
The construction period is 17 months, after which the factory is expected to produce five million premium tires annually for the European and Russian markets.
The municipality of Indjija provided land with an area of 64 hectares and the necessary infrastructure.
As previously announced, Toyota Tires should employ 537 workers in the new plant, whose salaries will be above the average in Serbia.
The Japanese giant was founded in 1945, with the group’s headquarters in Osaka.
The group’s business activities are based on three basic branches – tires, automotive technology and chemicals.
Tojo tires are present in Europe for more than 30 years, Srbija Danas reports.

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