TIGAR INVESTS ONE MILLION EUROS IN THE RUBBER COMPOUND FACTORY
The Company Tigar ad from Pirot will invest more than one million euros in the construction of a new facility for the production of rubber compounds which are essential for the production of rubber products. Representatives of Tigar ad have signed an agreement on cooperation on this project with the company Delta Engineering, which will act as the contractor.
"This investment of our company and the construction of the new facility represent a great challenge and an honor, and it is our pleasure that we have managed to reach an agreement on cooperation with such a renowned company like Delta Engineering. The new business venture is very important for the company Tigar ad and I am confident that with joint efforts and commitment we are going to reach excellent business results, "said Nebojsa Djenadic, Managing Director of Tigar ad.
Project for the construction of the facility for the production of rubber compounds will be implemented in two phases. The first phase will be focused on building a manufacturing facility for the production of rubber compounds, while the second phase will deal with the construction of the raw material warehouse.
"This facility with a new purposes is very important for Tigar for many reasons, and it is precisely where will be relocated a large part of the equipment and installed the new one that is essential for production. We are pleased with the realized cooperation and expect that in a month we shall begin with the preparatory work, "said Vojislav Todorovic, president of Delta Engineering Group.
The area of the new manufacturing facility will be 1700m², and the total area on which the plant will be built is 3000m².