Since 2007, it is owned by the world's largest tyre manufacturer company from France - Compagnie Générale des Établissements Michelin SCA Tigar Tyres was founded in 1935 in Pirot, Kingdom of Yugoslavia as a workshop for the manufacture of rubber products and all kinds of footwear.

After the World War II, the company was nationalized by new Communist authorities formed in a new Socialist Federal Republic of Yugoslavia.

[3] In 2012, Michelin planned to invest 170 million euros in production capacity and employ 700 more workers over 5 years.

[11] According to the 2018 financial report submitted to the Serbian Economic Registry Agency, the company has 3,388 employees and it posted an annual profit of €40.86 million for the 2018 calendar year.

They filed a complaint with the Institute of Public Health, in which they pointed out the strong noise and vibrations coming from the factory and making it difficult to fall asleep.

People demanded more decisive action from the authorities, and from the plant to replace the lattice fence with soundproof panels.