Trelleborg investing in Serbian tyre plant
In its year-end 2016 report, Sweden’s Trelleborg AB states that its Board of Directors has “decided to make a major investment” in Trelleborg Wheel Systems’ tyre operation in Serbia in order to improve the facility’s footprint and increase production capacity to accommodate additional future sales.
The Serbian plant in question is located in Ruma. It came into the Trelleborg fold through the company’s acquisition of CGS Holding, parent company of tyre maker Mitas. Plans to expand the Ruma site, which Mitas acquired in 2008, were previously announced in 2014. At the time, Mitas spoke of upgrading production capacities for radial agricultural and forestry tyres, an investment scheduled to be completed last year and one that would more than double the plant’s annual capacity to 35,000 tonnes.