Cooper studying Trayal acquisition - reports

ERJ staff report (DS)

Serbia -- Reports from Serbia suggest that Cooper Tire is interested in buying the Serbian tyre maker Trayal. Trayal is currently owned by Bulgarian coal industry owners, EAD Brikel, which has been facing financial difficulties.

A report on Balkans.com said Cooper plans to invest 50 million to Trayain the next two years and increase production at its factory from 1 to 3.4 million tyres in the first two years and 7 million tyres over the next two years.

The report quoted Serbian Minister of Finance, Miodrag Djidic, saying that there are many options which might permit Cooper to cooperate with Brikel and the Serbian government.

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

?µe???a???? e?d?af???? ??a t? se?ß??? Trayal Balkans.com (Serbia)

Cooper interested in Trayal acquisition Above story auto-translated into English from Greek (Serbia)