TIGAR AD ON THE ROAD TO RECOVERY
Within the premises of the Serbian Chamber of Commerce on September 26, the management of the company Tigar AD presented a Pre-packaged Reorganization Plan pursuant to which the company will operate in the next 7 years.
At the press conference were presented the key performance indicators in the past period as well as the company's plans for the future.
By adoption of the plan was confirmed the stabilization of the business, preservance of jobs and above all, the future business development - said Nebojsa Đenadić, Managing Director of Tigar AD.
The results of the company realized during the first six months of this year were encouraging - sales of rubber footwear is by 23% higher than the sales in the same period last year. The sale of Tigar's products in the first six months amounted to RSD 861 million.
It is bringing to an and the project documentation for the construction of a new factory for rubber compunds, which is essential for the Rubber Footwear Plant. This investment would be realized from company’s own resources - announced Nebojsa Đenadić at a press conference.