Tag: Tigar

Michelin opens second Tigar Tyres plant, says more entry-level investment possible

13th October 2014 | 0 Comments

The second Tigar Tyres plant in Pirot, Serbia is now open. An official inauguration was held at the facility on 9 October, and this culminated in Serbian President Tomislav Nikolic and Jean-Dominique Senard, CEO of parent company the Michelin Group, signing the first tyre to roll off the production line. The inauguration marked the completion of the first part of two-phase project. Investment has so far reached €215 million, and the 56,000 square metre facility will be capable of producing between 8 million and 12 million tyres in its phase one incarnation. Some 500 people will be employed at the new plant, increasing the Tigar workforce to around 2,600 to 2,700.

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Kings Road Tyres to launch PCR range at Brityrex International 2014

21st January 2014 | 0 Comments

Tyre wholesaler Kings Road Tyres (KRT), best known for its wholesale business in the truck and OTR tyre segments, has announced that it will launch an exclusive passenger car tyre range at October’s Brityrex International exhibition. Aside from distributing a wide range of Cooper 4x4 products, KRT currently services the segment with Michelin affiliated Serbian manufacturer Tigar's range, making this a significant move in broadening its PCR business.

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Michelin to Open Serbia Logistics Centre

2nd February 2009 | 0 Comments

Serbia’s Tanjug news agency reports that Michelin intends to open a logistics centre within the country. Michelin Group managing partner Michel Rollier met with Serbian deputy Prime Minister Bozidar Djelic during the Davos economic forum, says Tanjug, and plans were made for to establish such a facility before the middle of 2010. Also on the agenda was production capacity: “We discussed the possibility of increasing production from six million tyres a year, the current output of Tigar–Michelin Company and we will keep working on that,” added Djelic.

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Michelin Increasing its Share in Tigar Tyres by 30%

28th January 2008 | 0 Comments

According to a report printed in French newspaper Les Echos, Michelin will gradually increase its share in Serbia’s Tigar Tyres from 64 per cent to 94 per cent. This enlarged stake will come through a 32.5 million euro investment in the manufacturer, who is currently part owned by the state of Serbia.

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Tigar, Goodride Prices Reduced

22nd June 2006 | 0 Comments

Viking International has realigned its pricing structure for the Tigar economy brand in response to strong demand. With trade prices starting from as little as £10 the tyre is certainly a competitive choice. The sales support package includes information leaflets for your customers, stickers and reception/window posters. Viking has also reduced the prices it is charging for the Goodride budget tyre brand. Again trade prices start at just £10 and there are said to be a variety of sizes available.

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Michelin to Take Over Tigar

28th February 2005 | 0 Comments

Serbian tyre company, Tigar, has signed a contract for long-term co-operation with Michelin and the World Bank Belgrade, reports Tanjug News Agency. Under the contract, Michelin aims to take over 50.6 per cent of Tigar by 2007. By 2010, the plan is for small shareholders to hold only 30 per cent of company shares whilst Michelin will own 70 per cent.

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