Vucic: Linglong plant in Zrenjanin largest-ever greenfield investment in Serbia

ZRENJANIN - Serbian President Aleksandar Vucic said on Friday a Linglong tyre factory in Zrenjanin, northeastern Serbia, was by far the largest-ever greenfield investment in the country and that 1,235 Serbian workers had been hired already in the first stage of the plant's operations.

Vucic was speaking at a ceremony that marked the launch of series production at the Chinese-run factory.

"We have never had anything like this in Serbia," Vucic said, noting that the 370,000 sq m plant included a sports centre, restaurants and other facilities for workers.

He said the Linglong investment in Zrenjanin was worth 1 bln dollars and that the factory's exports would reach 200 mln euros in 2024 and 500 mln euros in 2025.