Source: Beta | Wednesday, 16.12.2015.| 15:37
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Trayal inks three agreements worth about EUR 5 million

(Photo: trayal.rs)
Trayal Corporation from Krusevac signed three contracts on Tuesday, 15 December 2015, to produce rubber products worth nearly EUR 5 million, which the management expects to serve as a basis for further quality operations of this company and as a strong impetus to its privatization process.

Trayal signed a EUR 1.1 million contract with Croatia's Dom Krizevci, a RSD 102 million contract with Nika from Kragujevac, and EUR 3 million worth of contract with Belgrade-based Pro Tyre Internacional for the services rendered by Trayal's rubber factories.

Trayal is one of the 17 strategic companies that the Government of Serbia protects from creditors until May 2016.

Trayal Corporation was sold to Bulgaria's Brikel in late 2006, but the sale agreement was terminated in late 2013. According to some earlier information, Trayal's debts currently stand at about EUR 130 million.

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