Shandong Linglong Tire announced that it has completed registration of Serbian subsidiary on November 22.
Shandong Linglong Tire Co has planned to build a $994.4 million (€863 million or RMB 662,482,000) tire production plant in the Zrenjanin Free Trade Zone in Serbia.
In a 20-Aug filing with the Shanghai Stock Exchange, Linglong announced that construction work on the company’s first European production site will officially start next April,2019.
The 6-year project will be completed in three phases, and at full capacity can produce 13.62 million high-performance radial tires per year.
Following are the registration information:
Company Name: Linglong International Europe d.o.o.Zrenjanin
Company Shareholder:LINGLONG NETHERLANDS B.V.,100%-controlled
Company Address: Kralja Aleksandra I Karađorđevića 2/IX,Zrenjanin, 23000, Serbia
Registration Capital: 9453024000 Dinar
Company Tyre:Limited liability company
Main Business:2211-tyre manufacture,tire retread