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You are here: Home1 / News2 / International News3 / Toyo Serbia factory receives approval for 41 million euro subsidy

Toyo Serbia factory receives approval for 41 million euro subsidy

Date: 25th November 2020 Author: Chris Anthony Comments: 0

Following the news that the Japanese tyremaker has received free land as part of the state support package for its Serbia tyre plant, the country’s state aid commission has approved the allocation of 41 million euros ($48.7 million) in government financing to Toyo to support the construction of the new factory in Indjija, northern Serbia.

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factory, investment, subsidy, Toyo, Toyo Serbia, Toyo Tire Corporation

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