Trayal

Trayal
Native name
Трајал Корпорација
Trayal Corporation
Company type
Joint-stock company
IndustryManufacturing
Founded31 January 1955; 71 years ago (1955-01-31) (Current form)
29 June 1889; 136 years ago (1889-06-29) (Founded)
Headquarters
Parunovačka 18 V, Kruševac
,
Serbia
Area served
Worldwide
Key people
Miloš Nenezić (General director)
ProductsTires, 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]
OwnerIndividual shares (33.1%)

Pension Insurance Fund (23.1%)
Government of Serbia (14.4%)

Srbijagas (7%)
Others (1.1%)
Number of employees
1,100 (2019)
SubsidiariesTrayal Hem
Detonit (North Macedonia)
Websitetrayal.rs/en/front-page/
Footnotes / references
Business ID: 07144083
Tax ID: 100315020 [2]

Trayal Corporation (Serbian: Трајал Корпорација, romanized: Trayal Korporacija) is a company manufacturing tires, protective devices and industrial explosives.

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 acquired automobile tire division of Trayal for 13 million euros.[6][7] The newly established company which has seceded 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.[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]

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.

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