Toyo given free land as part of 364 million euro Serbia tyre factory investment
![](https://www.tyrepress.com/wp-content/uploads/2019/07/belgrade-blue-sky-bridge-190019.jpg)
The Serbian state is set to give Japanese tyre manufacturer Toyo 637,455 square metres of land worth roughly 3 million euros for its newest factory. According to a Serbian State Aid Control Commission decision, the countries Tax Administration calculated that – based on a land valuation of 5 euros per square metre, Toyo will have to employ 523 workers indefinitely by 2023.
Comments closed
Comments