Government to lend Tigar RSD 200 million

(Photo: Tigar.com)

On a visit to the factory, he pointed out that the Devevelopment Fund would also provide Tigar with a guarantee for EUR 15 million, so that the company could reschedule its complete debts, secure money for working capital, and meet the orders of its clients.

Dinkic also said that Tigar CEO Jelena Petkovic had submitted her resignation at the trade union's request, thus performing a moral act.

According to Dinkic, Tigar fell into financial difficulties last year because of the loans it took out from banks in the previous period.

He noted that the government had decided to help Tigar become a leding tire manufacturer again in a short time.