TRADITIONAL EUROPEAN TIRE PLANT
The factory - where KORMORAN tyres
are produced – has been found in 1935 to produce rubber products (Pirot, Serbia)Tire production started in 1959
In 1974 a licence agreement, in 1978 a joint venture agreement was signed with BFGoodrich
In 1997 a joint venture
agreement has been signed
with Michelin North America to renew licence agreement and to provide commercial cooperation
The cooperation with Michelin led to the foundation of the joint company, where in 2007 Michelin became the majority owner
KORMORAN first appeared as the brand name for a range of passenger car tires commercialized in 1994 by the company STOMIL-OLSZTYN (Poland)