යුරෝපයේ ඉදිවුනු පළමු චීන ටයර් කම්හල විවෘත වේ

China's first tire factory in Europe begins mass production in Serbia

China's first tire factory in Europe officially started mass production in Zrenjanin, Serbia, on Friday.

More than 300 people, including Serbian President Aleksandar Vucic, Serbian government officials and Chinese Ambassador to Serbia Li Ming, attended the inauguration ceremony.

Vucic said that China has always been an important partner of Serbia, and this largest greenfield investment project in Serbia so far will promote regional development and become a strong witness of cooperation between the two countries.

"No matter how the international situation changes, China will remain a reliable partner for all countries seeking common development. [China] not only considers its own interests, but also thinks about its partners, and works for our wellbeing and achievements," said Vucic.

The total investment of the project is 990 million U.S. dollars, with 97 hectares of planned land area, about 500,000 square meters of the total construction area. The planned production capacity is 12 million passenger car tires, 1.6 million commercial vehicle tires and 220,000 off-highway tires.

Vucic highlighted the economic benefits the factory will bring to Zrenjanin and the surrounding region, with a projected boost to the city's budget, which will fund new infrastructure projects. It is expected that the factory will achieve export value of 200 million euros this year, and may increase to 500 million euros next year.

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