Trayal Corporation from Krusevac signed three contracts on Tuesday, 15 December 2015, to produce rubber products worth nearly EUR 5 million, which the management expects to serve as a basis for further quality operations of this company and as a strong impetus to its privatization process.

Trayal signed a EUR 1.1 million contract with Croatia-s Dom Krizevci, a RSD 102 million contract with Nika from Kragujevac, and EUR 3 million worth of contract with Belgrade-based Pro Tyre Internacional for the services rendered by Trayal-s rubber factories.

Trayal is one of the 17 strategic companies that the Government of Serbia protects from creditors until May 2016.

Trayal Corporation was sold to Bulgaria-s Brikel in late 2006, but the sale agreement was terminated in late 2013. According to some earlier information, Trayal-s debts currently stand at about EUR 130 million.