SERBIA: NEW HOT SPOT

SERBIA: NEW HOT SPOT
Zivojin Sekulic

In 2014, Zivojin Sekulic was presenting a concept about Serbia as a future hot spot for tyre production in Shandong, in China, one of the world’s biggest tyre production province. By then, nobody was bullish on Serbia and saw the country as the next tyre production hub, but Sekulic applied analysis and research methods to support his prediction.

Sekulic has been with the industry for over a decade, and has been responsible for developing, managing and supporting operations in  Europe, Asia, and the USA.

Several reasons could support Sekulic's claims. One of the reasons for that prediction was geopolitical relations between China, USA, EU and Euroasia. To de-risk trade tension, many tyre companies are exploring alternative production locations, and Serbia is emerging to be a viable place to target major markets. Also, Also, 'made in EU' effects are needed for OEM contracts which also help to brand building.

Having those reasons in mind, Sekulic forecast that Chinese tyre companies will come to the Eastern and South-Eastern Europe to setup tyre plants to avoid anti-dumping duties, apply made in EU effect to their brand and to get some OEM contracts as they need to be close enough to automotive plants due to specific logistic delivery contracts.

Five years later, Linglong Tire in 2019 started to build a tyre plant in Serbia with an investment of almost one billion USD. "Serbia is China's first strategic partner in central and eastern Europe and has a favourable environment for development and investment," said the Chinese tyre company. After the completion of the project, the annual output of various high-performance radial tyre will reach 13.62 million units, with yearly revenue of $ 600 million.

In the same year just a few months later, another Asian Tyre producer, Toyo Tire announced that it will setup a plant in Serbia.  The Japanese company will invest around 3.91 million euros in the plant, which will produce tyres for passenger vehicles with an annual capacity of five million tyres. Toyo Tire will start construction of the Serbian Plant in May 2020, and manufacturing operations are expected start in January January 2022, with a capacity of five million tyres annually (based on tyres for passenger vehicles) by the summer of 2023.

Linglong Tire Project Launch Ceremony

Cooper Tire Serbia, a subsidiary of Cooper Tire & Rubber is also increasing production capacity at its Kruševac tyre manufacturing plant. With a strategic manufacturing footprint investment of approximately $55 million in equipment upgrades and facility expansion, the project will increase the size of the Kruševac facility to more than 882,000 square feet.

Cooper Tire Serbia will produce new, larger diameter tyres being demanded in Europe and other global markets. Total annual production capacity at the Kruševac plant will increase by approximately one-third after this expansion, which is expected later this year and will establish a footprint which could further double capacity with additional equipment and people.

"We can say that 2019 was an amazing year for the tyre Industry of Serbia. With already four tyre manufacturing plants of Michelin, Copper Tire, Mitas and Trayal, the country will have two more manufacturing plants soon. That is a huge success for Serbia as we all know that even countries with a bigger population and bigger size have lesser number of tyre plants in Europe," says Zivojin Sekulic.

Cooper Tire expanding its Serbian Pla

A chat with Zivojin Sekulic:

Why are tyre companies showing increasing interest in Serbia for setting up plants – and generally in eastern Europe?

The reason for setting up tyre plants in Serbia is because of its specific geopolitical status. Serbia is in Europe, but not in the EU. That means particular goods produced in Serbia can be exported with 0% duty to EU, Russia, USA and countries of CEFTA and EFTA agreements and that's the market of almost one billion people. Comparing to anti-dumping duties for tyres produced in China, sounds like a good benefit, right?

Also, another reason is the label of “Made in EU” for tyre brands. The “Made in EU” effects help tyre companies to become recognisable and increase the prices, comparing to prices of tyres produced in China, and that means more significant profit.

Take the example of Hankook and their plant in Hungary. Only a few years after setting up their plant in Hungary they were selling more than 30% of their total annual production in EU and today with OEM contracts, excellent marketing strategy and outstanding R&D teams, they are in the race to become premium brand. So, imagine one day, maybe in five to eight years from today, Linglong can be close to the premium tyre brand and with the right strategy and marketing activities, if they decide to go that way.

One more reason is OEM contracts. Before setting up the plant in Serbia, Linglong signed a deal with VW and Renault, and now tyres produced in the Chinese company's tyre plant in Serbia will be delivered to these two automotive giants.

What benefits/ incentives that Serbia offers?

There are several benefits that country like Serbia is ready to offer to foreign investors. But I would like to highlight the benefits in general, not to go deeper in an analysis of specific incentives as that depends from situation to situation.

For example, the government is offering land where investors can set up a plant free of charge. There are also some tax incentives for more significant investments which are happening in the tyre industry. For instance, Cooper Tire's expansion project is supported by around $8 million in incentives provided by the Serbian government. Some investors can even get incentives per each employee that they will hire (basically like cashback card ). So, a general conclusion is that country like Serbia is really generous to foreign investors, and they should have that in mind.

Which companies are in the process of setting up?

At this moment Linglong is building the tyre plant in the city of Zrenjanin and Toyo announced that they will start building a plant in the city of Indjija very soon.

On the other side, there are major tyre companies - Mitas, Michelin, Cooper Tire, Trayal, which are producing tyres the country.

What's the future of tyre industry in Serbia?

Even I was right six years ago with a prediction that Asian tyre producers will setup tyre plants in Serbia in the near future that doesn't mean I will be right this time. But I genuinely believe that in Serbia there is a place for one more tyre plant. Specifically, I am thinking about a TBR , Agri and OTR tyre plant that can be built in a place where now Trayal's old plant is located which is still working and producing tyres for agriculture.

Going forward, the future of the Serbian tyre industry will move in another direction. After setting up plants, we will see R&D centres and Testing grounds and facilities in the country. I am predicting this because, for R&D, you need to have an excellent workforce and Serbia really has top-notch engineers and amazing developers. Currently, Continental has an R&D centre in the city of Novi Sad where several hundreds of engineers are employed.

In my working experience of 14 years in the tyre industry and 10 years in the IT sector, and having experience from Silicon Valley, I can tell you that engineers, researchers and software developers in Serbia are outstanding and not expensive like in the western EU or Silicon Valley. So, I am pretty sure that future intelligent tyres that will be based on sensors and specific software and machine learning will be designed and produced in some of the R&D centres based in Serbia.

Regarding testing facilities. Well, why should someone go to Spain or to Nordics to test summer or winter tyres if they can do it in Serbia as our climate is changed, so we have very hot summer and extreme winter, the perfect climate for tyre testing.

Q) Please share some information on your Project SMARTY?

Sensor for PCR and 4x4 Tyres

My project SMARTY is related to the tyre industry and related to the development of smart tyres and smart trucks.

Using my vast experience from the tyre industry and IT industry, with a team of developers, I am working on the development of specific sensors, hardware and software that will be used in vehicles to optimise the costs and to prevent the accidents with tyres. We want to predict failure before it happens.

Currently, we have some working models and, shortly, we will start with sales of those models. The final goal is to make SMARTY device to become necessary in every vehicle to become smart or autonomous. Sensors for truck and OTR tyres we will unveil soon.

(Zivojin Sekulic: z.sekulic@gaj.rs)

Anthony Sbona Named Territory Sales Manager For Radar Tires In North America

Anthony Sbona Named Territory Sales Manager For Radar Tires In North America

Radar Tires has named Anthony Sbona as Territory Sales Manager for its Radar brand in North America. Entering the tyre industry in 2018, Sbona quickly established a strong foundation in sales and customer relationship management, later expanding his expertise across distribution channels and gaining a deep market understanding. His career progression reflects consistent growth and adaptability in a competitive sector.

Known for building relationships and driving results, Sbona now brings a fresh perspective and solid industry experience to the team. His new role focuses on expanding the Radar brand’s reach, strengthening distributor partnerships and accelerating growth across his assigned territory, positioning the company for sustained regional success.

Rob Montasser, Vice President for Radar Tires North America, said, “We’re excited to welcome Anthony to the Radar Tires team. Anthony’s experience gives him a strong understanding of the market and his region, and we’re confident he will play a key role in continuing to grow our presence across North America.”

Sbona said, “I’m excited to be part of the rapidly expanding Radar Tires team. I look forward to building strong partnerships, growing the brand, and contributing to the continued success of Radar Tires.”

Monolith Names Russ Webb As CEO Amid Manufacturing Expansion

Monolith Names Russ Webb As CEO Amid Manufacturing Expansion

Monolith has elevated Russ Webb to the role of Chief Executive Officer, signalling a major shift for the Nebraska-based advanced manufacturer. The company, which produces carbon black and hydrogen using its own hydrocarbon pyrolysis technology, is headquartered in Lincoln. This leadership change reflects Monolith’s transition from a focus on technology development to pursuing large-scale manufacturing and geographic expansion, with Webb expected to drive continued progress on the company’s growth plans within the state.

A veteran of the refining, petrochemicals, speciality chemicals, polymers and carbon black sectors, Webb brings more than 35 years of industry experience to the top job. He joined Monolith as Chief Operating Officer, where he managed manufacturing, environmental health and safety, capital projects and supply chain strategy while working alongside commercial and technical teams. His background includes running operations and engineering at multiple global facilities, overseeing greenfield and expansion efforts totalling over USD 750 million and leading major investments in emissions controls, technology upgrades and energy infrastructure across two decades in the carbon black field.

Rob Hanson, Monolith’s Co-Founder, who shepherded the company from an initial concept to a functioning commercial producer of American-made carbon black, will stay on as a senior advisor to ensure a seamless handover. The company remains firmly focused on its Nebraska expansion, with ongoing momentum aimed at securing long-term investment, creating jobs and bolstering domestic output of essential industrial materials.

Hanson said, “Monolith was founded to rethink how carbon black and hydrogen are produced, and I’m incredibly proud of what this team has built. As we enter our next phase, which is focused on execution, reliability and growth, Russ is the right leader for the moment. His depth of operational experience and proven ability to lead complex manufacturing expansions position Monolith well for what comes next.”

Webb said, “I’m honoured to step into the CEO role as Monolith advances towards large-scale manufacturing and expansion in Nebraska. We have a strong foundation, meaningful momentum and a clear mission to produce carbon black and hydrogen at scale. My focus is on safe, reliable execution, strengthening our operations and supporting the company’s long-term growth.”

BKT Turns T20 Partnership Into Consumer Brand Push

BKT, which operates under the BKT Tyres brand, has launched a social media-led campaign aimed at strengthening consumer recall as it expands into India’s on-highway tyre market.

The company said the campaign, titled “Sound of BKT”, forms part of its “Elevate Your Drive” brand platform and coincides with India’s men’s T20 cricket season.

The initiative centres on a brand anthem featuring 25 cricketers from eight T20 franchises, including Kolkata Knight Riders, Royal Challengers Bengaluru and Mumbai Indians. The campaign is designed to encourage participation from fans and digital creators through user-generated content and social media engagement.

BKT said the campaign also uses sonic branding to improve brand recognition during the cricket season, which remains one of India’s most competitive advertising periods. The company has introduced a simplified “BKT Hook Step”, intended as a participative gesture that can be replicated by supporters online.

Mahesh Koppad, Chief Marketing Officer at BKT Tyres, said the company was seeking to move beyond conventional sports sponsorship as it broadened its presence in the consumer mobility market.

“Our multi-season association with Indian T20 League has successfully established robust brand visibility. However, as BKT transitions into a comprehensive mobility provider in the consumer on-highway tyre market, our marketing must evolve from passive sponsorship to active emotional resonance,” Koppad said.

He added that cricket’s cultural significance in India provided an opportunity for the company to build stronger engagement with younger consumers as it expanded its product portfolio.

The campaign will be released in phases across digital platforms, including influencer collaborations, team-specific content and participative contests during the cricket season.

Founded in 1987, BKT manufactures off-highway tyres for sectors including agriculture, construction, mining and material handling. The company recently announced its entry into India’s two-wheeler, passenger car and commercial vehicle tyre segments.

Link to the campaign:

Anne Forristall Luke To Retire As USTMA President And CEO At End Of 2026

Anne Forristall Luke To Retire As USTMA President And CEO At End Of 2026

Anne Forristall Luke, President and Chief Executive Officer of the U.S. Tire Manufacturers Association (USTMA), will step down from her role at the end of 2026 following an 11‑year tenure. She originally joined the organisation in 2016 when it was still known as the Rubber Manufacturers Association (RMA). Her leadership is credited with driving substantial growth, strategic change and a measurable rise in the domestic tyre manufacturing industry’s influence.

Under her direction, the association underwent a full transformation in operations and stakeholder engagement. She led the rebrand from the Rubber Manufacturers Association to the U.S. Tire Manufacturers Association to sharpen the industry’s identity. Forristall Luke also developed a global strategy for navigating complex tyre material issues, expanded membership and revenue, built a high‑performing team culture and forged trusted ties with regulators, researchers, non‑governmental organisations and policymakers at federal, state and tribal levels. The industry’s legislative, regulatory, media and public affairs profile rose markedly during her tenure.

The USTMA board of directors has launched a process to find the next leader, including a search committee operating under board oversight. The search will begin in spring and continue through summer, with a target of selecting a new CEO by October 2026. Heidrick & Struggles, a retained executive search firm, is conducting the search on the board’s behalf.

Forristall Luke will remain in place through the end of the year to work closely with her successor, ensuring a smooth transition. Her final day with the association is 31 December 2026.

Forristall Luke said, “Leading USTMA for the last 11 years has been a tremendous privilege, and I look back with enormous pride on what this Association has accomplished. Together, we raised the profile of an industry that impacts the daily lives of every American and is indispensable to our nation’s safety and long-term economic prosperity. We strengthened relationships that give the tyre industry a credible and trusted voice, and we confronted difficult challenges with transparency and a long-term view. That work belongs to USTMA’s members, Board, extraordinary staff and invaluable partners who brought their expertise and commitment to this mission. I am profoundly grateful to each of them and confident that the foundation we’ve built together will support USTMA’s progress for many years to come.”

Jeff Barna, President and CEO of Yokohama Corporation North America and Chair of the USTMA Board of Directors, said, “Anne’s leadership has been exceptional. At a time of increasing regulatory complexity and public scrutiny, she brought a clear strategic vision and a steady unifying approach, strengthening USTMA’s leadership on critical policy issues and aligning our industry around a common purpose. She leaves the Association well-positioned for continued impact, and the Board is deeply grateful for her lasting contributions to USTMA and the tire industry.”