Linglong’s Serbia factory close to production start

On 11 May 2022, Linglong Tire chairman Wang Feng was quoted as saying that Linglong’s Serbia tyre factory begin trial production shortly.

Wang Feng’s dialogue with shareholders could, to some extent, be interpreted as a verification of the various advantages of overseas factories despite the recent announcement of the annulment of import tariffs against Chinese-produced truck and bus tyres.

According to that shareholder dialogue, the tyre manufacturer’s Serbian plant will start trial production in the second quarter of 2022 and go into mass production as soon as possible after that. In addition, Tyres & Accessories understands that truck and bus tyres will be the focus of production when it formally begins later this year and that car tyre production will follow in 2023.

Strategically, Linglong Tire believes that the Serbian factory is close to the target customers and has logistics advantages, increasing Linglong’s market share in the European market with products matched to European vehicles while reducing the supply time.