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2019-10-11 00:00:00
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Serbia is to be the location for a new facility after Toyo Tires announced that it would be investing over €390-million,
The Japanese auto-parts manufacturing company is locating the plant in Indjija, where they anticipate it will be a key part of their operations for supply tires in Russia and the EU.
The plant will employ 500 people and production is expected to start in 2022 with capacity reaching 5million tires annually by 2023.
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