By BoD decision, Toyo Tire Serbia was accepted into membership. Toyo Tire Corporation was founded in Japan in 1945 and is a producer of tires for passenger vehicles, light trucks, trucks & buses, as well as automobile components. It operates worldwide, including the US, Canada, Mexico, Australia, Germany, UK, Netherlands, Italy, Russia, China, Thailand and Malaysia. It has more than 13,000 employees worldwide. The company was established In Serbia in 2019 and started construction of a plant in 2020, with the planned start of manufacturing in April 2022. The company plans to invest 390 million Euros and employ 523 persons by 2023. More info on their website.