ZRENJANIN (ZRENJANIN), Serbia, April 1, 2019 / PRNewswire / – On March 29-30 this year, the opening ceremony of the first European plant of the Chinese tire manufacturer Linglong International Europe DOO Zrenjanin (LLIE) was held in Serbia, as well as an international partner conference the company.
Serbia is China’s first strategic partner in Central and Eastern Europe and has a favorable environment for investment and commercial development. The LLIE plant in the free trade zone of the city of Zrenjanin is the second overseas project Linglong Tire and the largest project to attract foreign investments in Serbia to date. After commissioning, the enterprise will annually produce up to 13.62 million units of high-quality radial tires of various specifications, generating annual revenues of $ 600 million.
Wang Feng, head of the board and general director of Linglong Tire, said during the conference: “Linglong’s entry into the Serbian market is an excellent undertaking made possible by a policy of openness and mutually beneficial cooperation. We will surely meet all expectations and ensure fast and high-quality plant construction and put it into operation as soon as possible. At the same time, Linglong will strengthen cultural ties and integration with the Serbian people in an effort to make a significant contribution to the deepening of a stable, healthy and sustainable Vågå economic and trade cooperation between China and Serbia. “
With more than 40 years of successful operations, Linglong Tires demonstrates high competitiveness in the international market, both in terms of developing innovative technologies and quality assurance. The company actively implements the international development strategy and continuously promotes the global “5 + 3” concept. Linglong
Sourced from TASS.ru and machine translated for your benefit