TIGAR A.D.
Nikole pašića 213
18300 Pirot Srbija
+381 (0)10 / 304 - 000

TIGAR AD BUSINESS IN SECOND QUARTER

TIGAR AD BUSINESS IN SECOND QUARTER
Jul 10. 2013

After the establishment of regular production activities and results at the beginning of the second quarter which indicated the beginning of recovery, Tigar ad continues with the positive trend. As from sales of goods and services in the second quarter, Tigar has generated revenues of RSD 722 million, and more than half of this amount was realized on foreign markets. In June, external revenues of the company amounted up to RSD 247 million, of which 140 million was realized in exports.

During the second quarter, in Tigar was produced about 1,100 tons of cargo, which is almost three times higher than within the first quarter of this year. From a total of 400 tons - which was Tigar’s production in June, a half of it was recorded in Tigar Rubber Technical Goods Plant. Tigar Rubber Footwear Plant has produced 170t of rubber footwear in June, and the rest was produced in Tigar Chemical Products Plant.

By the decision of the management, the company’s employees shall be referred to a collective vacation in the period from July 22nd to August 2nd.

The complete half-year business report will be published by 15 August.


Vision

To operate as a corporation which respects the dignity and integrity of its members and partners, and truly contributes to sustainable development.