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China's Linglong to start tyre exports from new factory in Serbia in 2021

Author Radomir Ralev
China's Linglong to start tyre exports from new factory in Serbia in 2021 License: CC0 Creative Commons

BELGRADE (Serbia), March 25 (SeeNews) - Chinese company Shandong Linglong plans to start exports of tyres manufactured at its future factory in Zrenjanin, in northern Serbia, in 2021, the city mayor has said.

"The Chinese have agreed to launch exports of tyres to Western Europe in 2021," Cedomir Janjic said in a video file published on the website of Serbian news agency Tanjug on Friday.

Last week, the Zrenjanin city government said Shandong Linglong plans to produce 13 million tyres annually at the factory. The construction of the factory, which will have at least 1,200 employees and will produce 35,000 tyres daily, will start on March 30. It will be located in the Southeast Industrial Zone of Zrenjanin and its production unit alone will spread on about 70 hectares.

Shandong Linglong said in August that it planned to invest $994.4 million (872.6 million euro) in the construction of the tyre factory which will be carried out in three phases, with the last one to be completed in March 2025.

In September, Serbian president Aleksandar Vucic said Shandong Linglong was in talks with Volkswagen and Renault for the sale of tyres that will be produced in the factory as of 2021.

($ = 0.877494 euro)