World’s largest tire producer, Toyo Tires, to open factory in Indjija – Japanese investment worth EUR 390 million, jobs for 523 workers
(Photo: Vladislav Gajic/shutterstock)
Serbian President Aleksandar Vucic told the media that, after three years of negotiations, the world’s largest producer of tires, Toyo Tires, had decided to come to Serbia, more precisely, to Indjija.
Vucic said that he had received a letter from the president of the Japanese company that day, confirming that Indjija had been selected for their factory, which should start being built on a 60-ha parcel several months later.
– This will be the first factory of Toyo Tires in Europe – Vucic said and added that, in the first phase, EUR 390 million would be invested and 523 workers would be employed.
The average salaries at this company, he says, are far above the domestic average.
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