Trelleborg to invest in Serbian tire plant

Trelleborg, Sweden – Trelleborg AB is planning a “major investment” in its agricultural/industrial tire plant in Ruma, Serbia, in the coming two years, but the company declined to disclose details yet.

Trelleborg’s board of directors approved the investment plan at its board meeting 31 Jan.

While declining to disclose details, Trelleborg noted that Serbia “is well located in Europe considering both logistics and closeness to markets including Ukraine and Russia, and has a favourable cost base.”

Trelleborg has owned the Ruma plant since last summer, when it acquired…

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