# Linglong Tire signs investment memorandum for $994M tire plant in Serbia

Shandong Linglong Tire signed an investment memorandum with Serbian officials to build a tire factory in the Zrenjanin Free Trade Zone. The plant will have a capacity of 13.62 million tires per year and represents an investment of US$994.41 million.

- Type: New facility
- Announced: 2018-08-23
- Where: Zrenjanin Free Trade Zone, Serbia, Serbia
- Value: $994.4M
- Status: announced
- Capacity: 13.62 million tires per annum
- Products: tires
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Shandong Linglong Tire](https://endata.com/companies/18979.md)

## Sources

- [tyrepress.com](https://www.tyrepress.com/2018/08/linglong-tire-confirms-serbia-factory-plans/), 2018-08-27: "The tyre maker has also confirmed the details set out in its feasibility study: The plant will be built in the Zrenjanin Free Trade Zone and have a total capacity of 13.62 million tyres per annum."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.