▁of ▁joint ▁vent ure ▁company ▁Tig ar ▁a . d . ▁from ▁P iro t . ▁After ▁second ▁world ▁war ▁company ▁was ▁national ized ▁by ▁new ▁Commun ist ▁authorities . ▁ ▁In ▁ 2 0 0 7 , ▁the ▁French ▁company ▁Michel in ▁became ▁a ▁major ▁share holder ▁of ▁the ▁company . ▁In ▁February ▁ 2 0 0 8 , ▁Michel in ▁bought ▁the ▁remaining ▁shares ▁of ▁Tig ar ▁Ty res ▁for ▁$ 4 7 ▁million . ▁With ▁this ▁ac quisition , ▁Michel in ▁would ▁become ▁ 1 0 0 ▁percent ▁owner ▁of ▁the ▁company ▁by ▁ 2 0 1 0 . ▁ ▁In ▁ 2 0 1 2 , ▁Michel in ▁planned ▁to ▁invest ▁ 1 7 0 ▁million ▁eu ros ▁in ▁production ▁capacity ▁and ▁employ ▁ 7 0 0 ▁more ▁workers ▁over ▁ 5 ▁years . ▁In ▁October ▁ 2 0 1 4 , ▁a ▁new ▁plant ▁of ▁the ▁factory , ▁worth ▁ 2 1 5 ▁million ▁eu ros , ▁was ▁opened . ▁It ▁has ▁provided ▁an ▁employ ment ▁for ▁additional ▁ 5 0 0 ▁employees . ▁For ▁this ▁invest ment , ▁Tig ar ▁Ty res ▁received ▁" A ure a " ▁award , ▁given ▁by ▁the ▁business ▁portal ▁e K ap ija ▁for ▁the ▁best ▁invest ment ▁in ▁Ser bia ▁for ▁ 2 0 1 4 ▁calendar ▁year . ▁ ▁As ▁of ▁April ▁ 2 0 1 6 , ▁the ▁company ▁had ▁around ▁ 3 , 0 0 0 ▁employees . ▁From ▁ 2 0 1 3 ▁to ▁ 2