Tigar invests EUR 1 million in production facility for rubber compounds

(Vojislav Todorovic and Nebojsa Djenadic)

Tigar AD from Pirot is going to invest over EUR 1 million in the construction of new factory for producing rubber compounds that are essential to the production of rubber products. Representatives of Tigar AD have signed an agreement on cooperation on this project with the contractor - Delta Engineering.

- This investment by our company and the construction of new production facility represent a big challenge and honor, and it is our pleasure to have signed the cooperation agreement with such an eminent company like Delta Engineering. The new business venture is very important for Tigar AD, and I am sure we will achieve excellent business results if we join our forces - said Nebojsa Djenadic, the general manager of Tigar AD.

This rubber compound production facility construction project will be implemented in two phases. The first phase will see the construction of production facility for rubber compounts, while a warehouse for raw materials will be built in the second phase.

- This new production facility is very important for Tigar for many reasons. We are very satisfied with the cooperation so far and expect the preparation works to start as early as in one month - said Vojislav Todorovic, the president of the Delta Engineering Group.

The surface area of the new production facility will be 1,700 square meters, whereas the total surface area of the building lot for the future factory is 3,000 square meters.