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Toyo has completed the acquisition of a 63-hectare plot of land in the northeastern industrial zone of Indjija where it will build a factory on a footprint of 300,000 square meters and will hire 523 workers in the first phase of its development, the city government said.
The Japanese company established its Serbian subsidiary Toyo Tire Serbia, based in Belgrade, in October 2019. It is active in the manufacturing and sales of radial tires for passenger vehicles and light trucks, eKapija said.
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