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Trayal
Native name
Трајал Корпорација
Trayal Corporation
Company type Joint-stock company
Industry Manufacturing
Founded31 January 1955; 69 years ago (1955-01-31) (Current form)
29 June 1889; 134 years ago (1889-06-29) (Founded)
Headquarters
Parunovačka 18 V, Kruševac
,
Serbia
Area served
Worldwide
Key people
Miloš Nenezić (General director)
Products Tires, explosives, protective wear
RevenueIncrease €41.75 million (2019)
Increase €2.9 million (2019)
Total assetsDecrease €82.70 million (2018) [1]
Total equityIncrease €14.83 million (2018) [1]
OwnerRegistar akcija i udela (33.1%)

PIO Fond (23.1%)
Government of Serbia (14.4%)
Srbijagas (7%)

Akcionarski fond (1.12%)
Number of employees
1,100 (2019)
SubsidiariesTrayal Hem
Detonit (North Macedonia)
Website trayal.rs/en/home
Footnotes / references
Business ID: 07144083
Tax ID: 100315020
[2]

Trayal Corporation ( Serbian: Трајал Корпорација, romanizedTrayal Korporacija) is a company manufacturing tires, protective devices and industrial explosives based in Kruševac, Serbia.

History

Trayal Corporation was founded in 1889 in Kruševac as a "Gunpowder Works". [3]

In 2006, the Government of Serbia sold 76.9% of shares of the company to the Bulgarian Brikel (owned by the businessman Hristo Kovachki) for a sum of 12.1 million euros, with the obligation to invest 25.1 million euros. [4] At the time, Trayal Corporation had 3,500 employees in five divisions. [5] However, over the years, most of the production was significantly reduced due to poor management.

In 2011, the American tire manufacturing company Cooper Tire & Rubber Company took automobile tire facilities of Trayal for a sum of 13 million euros. [6] [7] The newly established company which has disintegrated from the Trayal Corporation, was named "Cooper Tire & Rubber Company Serbia" d.o.o. [7]

In 2013, the Government of Serbia took over the company's remaining assets, as it accumulated 130 million euros of debt and contract with the Bulgarian company was cancelled. [5] In 2017, Trayal Corporation developed remotely-controlled anti-hail protection system used in agriculture. [8]

As of 2018, "Trayal Corporation" is the largest employer in the city of Kruševac, with exports to the foreign markets. [3]

Market

"Trayal Corporation" exports to the neighbouring Balkan countries, EU countries and the United States.


See also

References

  1. ^ a b "БИЛАНС СТАЊА (2018) - Trayal Corporation". apr.gov.rs (in Serbian). Retrieved 6 October 2019.
  2. ^ "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 24 February 2018.
  3. ^ a b "The history of Trayal Corporation". trayal.rs. Retrieved 23 February 2018.
  4. ^ "Trajal prodat za 12,1 milion evra". b92.net (in Serbian). Beta. 20 November 2006. Retrieved 23 February 2018.
  5. ^ a b Babović, S. (30 December 2015). "Pola "Trajala" državi". novosti.rs (in Serbian). Retrieved 23 February 2018.
  6. ^ "Američki "Cooper tires" kupio kruševački "Trayal" za 13 mil EUR - Planirano zapošljavanje 700 radnika". ekapija.com (in Serbian). Beta. 8 December 2011. Retrieved 23 February 2018.
  7. ^ a b "COOPER TIRE ACQUIRES ASSETS OF SERBIAN PLANT". coopertire.com. 8 December 2011. Retrieved 23 February 2018.
  8. ^ Stanković, Rade (29 May 2017). "Protivgradne rakete sa daljinskim upravljanjem". politika.rs (in Serbian). Retrieved 11 April 2019.

External links