The head of the municipality of Indjija, Vladimir Gak, emphasized recently that the foundation stone for the new investment by the Japanese company Toyo Tires would be laid down in August 2020.
– Due to coronavirus, the deadline for the laying of the foundation stone has been moved from April to August. We are communicating by email with the services of the Government of Serbia and the Japanese investor daily – Gak claims. The investment is going as planned, with a minimal delay due to the current situation, as reported by the pazovaindjijavesti.com portal.
The complex for a fully automated production of car and truck tires will be located on a parcel of nearly 64 hectares, and 5 million tires should be produced annually.
The investment is worth close to EUR 400 million, and, according to the announcements, more than 500 jobs should be created.
The arrival of Toyo Tires to Serbia was announced last summer, when it was said that the Indjija factory would be the first European factory of the well known Japanese tire manufacturer.