You are here: / Serbia

Posts

Analysts: Michelin trying to recover lost market share with Tigar expansion

Michelin is aiming to recoup part of the market share it has lost in the last decade by pushing up tyre production and sales volume across the board. That’s the view of financial analysts at Morgan Stanley who described the company as “swimming in red ocean.” Referring to the 170 million euros the company just announced it is putting into increasing budget tyre production at its Tigar plant in Pirot, Serbia, financial analysts described the funding as “a small investment for Michelin”, but a “big clue for investors.”

Read more

Related news:

  1. Hankook breaks ground on 3rd Chinese plant
  2. Michelin’s Chennai training centre gets underway
  3. Double Coin, Michelin, Huayi JV finalized
  4. Michelin to boost North American compound capacity – $200M project announced
/by

Official opening for Cooper Tire’s Serbian facility

Today Cooper Tire & Rubber held a grand opening ceremony at its recently-acquired former Trayal tyre manufacturing facility in Kruševac, Serbia. Approximately 500 dignitaries, employees and members of the media were invited to attend the ceremony, including Serbian President Boris Tadić, Minister of Economy and Regional Development Nebojša Ćirić, and US Ambassador Mary Warlick. The guests, together with Cooper chairman, president and CEO Roy Armes, and International Tire Division president Hal Miller, celebrated the plant’s official opening.

Read more

Related news:

  1. Cooper finalises Serbian acquisition
  2. Guayule consortium holds progress update meeting
  3. Cooper enters agreement to acquire Trayal assets
  4. Apollo/Cooper deal expected to proceed despite investment law change
/by

Increased Russian focus for Mitas’ upgraded Serbian factory

Production capacity for tractor and combine radials at Mitas’ factory in Ruma, Serbia has been expanded through a 3.5 million euro upgrade. In announcing the upgrade, the Czech Republic-based off-road tyre manufacturer noted the Ruma plant, which was built in 1981 and acquired by Mitas in 2008, is “strategically placed” to supply the Russian Federation due to the special trade relations between Russia and Serbia.

Read more

Related news:

  1. Nizhnekamskshina to lead Russian tyre market by 2014 – TechSci
  2. Mitas offers Tyre Pressure Guide at LAMMA 2012
  3. Yokohama opens Russian factory
  4. Nizhnekamsk truck plant passes environmental audit
/by

Cooper finalises Serbian acquisition

, ,

On 17 January Cooper Tire & Rubber completed its acquisition of the former Trayal manufacturing plant assets in Kruševac, Serbia. A formal signing ceremony was held to mark the official start of Cooper Tire Serbia; this was attended by Serbian President Boris Tadić, Serbian Prime Minister Mirko Cvetković, US Ambassador Mary Warlick, along with Roy Armes, Chairman, President and CEO of Cooper Tire. During the ceremony Armes stated that Cooper elected to invest in Serbia not only because of its significant economic potential, but also for its quality workforce, geographical advantages and Serbian government support.

Read more

Related news:

  1. Official opening for Cooper Tire’s Serbian facility
  2. Moscow office to aid Cooper’s drive into Russia
  3. Cooper Tire reopening US and Serbia tyre factories
  4. Cooper Tire Europe restarting manufacturing in Melksham
/by

Brothers in arms – Cooper Findlay delegation meets Serbian union

It’s just over a month since Cooper Tire & Rubber announced its purchase of Serbian manufacturer Trayal’s passenger car tyre business. Since the acquisition agreement was signed on 8 December the Serbian firm has no doubt become more closely acquainted with its new owner; at the same time the union representing its employees has been getting to know the current thorn in Cooper’s side, the United Steelworkers union.

Read more

Related news:

  1. Official opening for Cooper Tire’s Serbian facility
  2. Texarkana talks show Cooper, USW how negotiations should look
  3. Deals reached between Cooper, unions
  4. Reports: Cooper Chengshan strike over Apollo acquisition
/by

Romania welcomes Nokian’s 900th Vianor outlet

Only five months after reporting the opening of its 800th Vianor outlet, Nokian Tyres says it has reached the 900 mark. The company’s 900th tyre and car service centre has begun operations in Bucharest, Romania.

Read more

Related news:

  1. Nokian employs ‘C3’ system to organise product and materials scheduling
  2. A new record for the fastest man, and tyre, on ice
  3. Semperit – 75 years of winter tyres
  4. Job losses, lay-offs at Nokian’s Finnish plant
/by

Cooper’s Serbian employees voice support for Findlay, says union

Cooper Tire’s keeping mum about the progress of negotiations linked to its Findlay factory, but the union representing workers offers comment on the ongoing saga almost daily. The United Steelworkers reported today that solidarity events in support of the locked out Findlay workers are being planned across the US, and it also shared that workers at Cooper’s recently-acquired ex-Trayal plant in Serbia have already pledged their support and demanded the company end the lockout.

Read more

Related news:

  1. Cooper a potential Trayal investor
  2. Cooper halts Findlay production for the week
  3. Small fire at Cooper Avon, Melksham – “no loss of production”
  4. Reports: Cooper Chengshan strike over Apollo acquisition
/by

Cooper enters agreement to acquire Trayal assets

Cooper Tire & Rubber has announced its entry into an agreement to acquire the assets of an existing tyre plant in Kruševac, Serbia. Although Cooper’s statement on the deal did not name the Serbian company, the tyre maker’s interest in investing into Kruševac-based firm Trayal has been known since mid-2011. The agreement to acquire Trayal’s passenger car tyre business was signed on 8 December by Hal Miller, president of Cooper's International Tire Segment, and Serbia’s minister of Economy, Nebojša Ćirić.

Read more

Related news:

  1. Official opening for Cooper Tire’s Serbian facility
  2. No Cooper production in India, says Apollo
  3. Goodyear to close Union City plant by year’s end
  4. Conti share price sinks, net income rockets in first 9 months of 2011
/by

Somr named Mitas plant director in Ruma

Ivo Somr has been appointed director of the Mitas agricultural tyre factory in Ruma, Serbia following the planned return to the Czech Republic of the previous facility head, Rudolf Mačák. “Ruma plans to expand production of radial agricultural tyres,” Somr said.

Read more

Related news:

  1. Mäkinen takes on Nordic market responsibility at Mitas
  2. Goodyear Promotes Cavanaugh and Jambon
  3. CGS Tyres Expands in France
  4. New Mitas row crop range to replace Continental brand products
/by

Cooper a potential Trayal investor

Various Balkan region news sources have reported Cooper Tire & Rubber’s intention to invest in Serbia’s Trayal. The US firm’s plans apparently involve investing 50 million euros in Trayal over the next two years and increasing production from one million to 3.4 million tyres during that time and then boosting it to seven million over the subsequent two years.

Read more

Related news:

  1. Official opening for Cooper Tire’s Serbian facility
  2. ISO accreditation for Cooper’s Serbian plant
  3. Cooper halts Findlay production for the week
  4. Reports: Cooper Chengshan strike over Apollo acquisition
/by

Michelin – 10 years in Romania

It’s now a decade since Michelin Romania SA was established. Reflecting on the last ten years, the tyre maker’s recently-appointed general manager for Romania and the Balkan area, Eric Faidy, says Michelin has to-date invested 265 million euros in Romania. The French manufacturer entered the country in 2001 with the purchase of the Victoria Floresti and Zalau (also known as Silvania) factories operated by the Tofan Group. Michelin erected a greenfield steel cord plant in 2003, and in January 2005 it became a regional centre for commercial activities in the Balkans markets, including in Albania, Bosnia Herzegovina, Bulgaria, Croatia, Macedonia, Montenegro and Serbia. In total, Michelin has produced more than 450,000 tonnes of tyres and 150,000 tonnes of cord in Romania during the past decade.

Read more

Related news:

  1. Michelin Trailer Tyre Named Fleet Safety Product of the Year
  2. Michelin Launches Ag Tyre Spec Service at Lamma
  3. Green minicab fleet “thoroughly impressed” with Michelin
  4. Andrew Page praises Michelin mileage
/by

Manzoni to supply Pirelli in Romania

CM Manzoni SpA, the Italian rubber compound supplier, is reportedly considering opening a plant in eastern Serbia from which it would supply raw material to Pirelli & C SpA’s tire factory in neighboring Romania. News sources reported the news citing Serbian publication Vecernje Novosti, which itself quoted municipal officials in Zajecar.

Read more

Related news:

  1. Report: Pirelli considering Carlisle investment
  2. Natural Rubber Heading for US$3.4/kg
  3. Hembery explains Pirelli’s unmarked F1 tyres
  4. Official opening for Cooper Tire’s Serbian facility
/by

Mitas Considering $50 million Investment in Czech Republic

Mitas a.s. has reportedly signed a “Declaration of Understanding” to build a new tyre production plant in the Czech Zlín Region, an essential step for the realization of the project. Contracts are said to be being drawn up currently. Mitas, a division of Czech Rubber Group CGS Tyres, is reportedly planning a 1 billion Czech koruny (£34 million, 40.65 million euros, US$53.73 million) investment in the Holešov Industrial Zone in the Czech Republic.

According to a Holešov Industrial Zone statement, the company is planning to build the plant at the end of next year and it will be fully operating in 2014. The site is expected to employ 500-550 people. The new factory will reportedly require 6.5 hectares of land, with the option for another 6 hectares. Mitas plans to produce mainly tyres agricultural tyres in Holešov. It has found several suitable places for realization of its intention, and finally it has been decided for Holešov.

Read more

Related news:

  1. CGS Launches New Crane Tyre, Promotes OTR Products
  2. STL Achieves European Accreditation To Test Agricultural Tyres
  3. Eldan introduces mining tyre recycling system
  4. Is Yokohama planning a tyre plant in Mexico?
/by

Pirelli Returns to its Roots With 2010 Calendar

,

The 37th edition of the revered Pirelli Calendar was presented to the world at its London launch on November 19. Those fortunate enough to receive a first glimpse of the 2010 incarnation of ‘The Cal’ at the Old Billingsgate venue were treated to a visual banquet of 30 images produced by American photographer Terry Richardson, a man Pirelli describes as an “enfant terrible” known for his provocative and outrageous approach.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Pirelli’s PZero, Cinturato Display “Green Heart”, “Performing Soul” in Frankfurt
  2. Pirelli P Zero Trofeo “the Toast of this Year’s Show”
  3. Pirelli launches “eco-friendly” Cinturato P1 for small-medium segment
  4. New Pirelli aftermarket tyre for North America
/by

Austrian Driver Covers 3 Continents in 3 Days with Hankook Tire

When Gerhard Plattner climbed behind the wheel of his Audi A3 on June 8, it was not for trip to the shop or something equally mundane. The Austrian distance driver had a more ambitious journey in his sights – to drive a car on three different continents within three days, a tour that would take him through thirteen countries. Accompanying Plattner, co-driver Franz Doppler and their Audi was a set of Hankook’s Ventus tyres – OE on numerous A3 models.

Read more

Related news:

  1. Sharp Increase in Nankang’s Winter Sales Furthers Expansion
  2. Motorsports point the way for Kumho
  3. Omega 3000 Extruder
  4. Solideal Releases Raptor Rubber Track Brand
/by

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.