# Toyo Tires to open tire plant in Indjija, Serbia

Toyo Tires will open a production facility in Indjija, Serbia, with an investment of approximately EUR 390 million, creating around 500 new jobs. The opening is expected in October 2020.

- Type: New facility
- Announced: 2020-09-16
- Where: Indjija, Serbia
- Value: $460.0M (390.0M EUR)
- Jobs: 500
- Starts operating: Oct 2020
- Status: announced
- Products: car tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyo Tires](https://endata.com/companies/49961.md)

## Sources

- [serbianmonitor.com](https://www.serbianmonitor.com/en/four-factories-expected-to-open-in-the-next-few-months-4000-new-jobs/), 2020-09-16: "The Japanese company Toyo Tires will open a production facility in Indjija, while the arrival of another Japanese company is expected in Novi Sad."

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