China’s Shandong Linglong Tire Co. Ltd. has laid a ceremonial corner stone for its greenfield tire factory project in Zrenjanin, signaling the start of construction for the $994 million project in northern Serbia.
“Linglong’s arrival in Serbia is a great opportunity given by the openness and win-win of times. We will live up to our expectations, ensure the rapid and high-quality construction of the project, strive for early production, and at the same time, Linglong will strengthen cultural exchanges and integration with Serbia, aiming to contribute to the establishment of a healthy, stable and sustainable economic and trade cooperation between China and Serbia,” said Wang Feng, Chairman and CEO of Linglong Tire.
Construction will be in three phases over six years and will span 4.24 million square feet, Linglong said.
Operated by Linglong International Europe d.oo. Zrenjanin, the plant is rated at 13.6 million tires per year, comprising 12 million car tires, 1.6 million truck/bus tires, and 20,000 off-the-road tires.
Komentar