First Punto Diesel rolls off production line

Production of the Fiat Punto with a 1.3 liter diesel engine has begun today in Kragujevac’s Zastava factory. Fiat will make two versions of this model—the “Dynamic” and the “Emotion”. First Punto Diesel rolls off production line The event was attended by Economy and Regional Development Minister Mladjan Dinkic, National Investment Plan Minister Verica Kalanovic, Italian Ambassador to Belgrade Armando Varricchio, local administrative officials and Fiat’s International Business Director Silverio Bonfiglioli. “Zastava is a symbol of the improving Serbian economy, and it will be a symbol of Serbia’s speedy development in the coming years. I am proud of the Zastava workers, because in the space of three months, they’ve increased productivity threefold, and that is why they will be the first in Serbia to get bonuses of an average monthly wage for the excellent results, from the profits from the sale of the Kragujevac Punto,” Dinkic said. Visiting the factory, Dinkic said that new investment was expected in the fall for the production of a completely new model, and that, by then, production capacities would have reached a level of 50,000 automobiles per year. “The agreement with Fiat will be completely put into action, and there will be a new model of automobiles launched on to foreign markets from Serbia. Investments will begin in the fall and I expect production of the new model to begin at the end of next year, and in 2011, the factory in Kragujevac will work with full capacities of 200,000 new vehicles per year,” Dinkic said. Since the end of March this year, when production of the Punto Classic began, 4,780 vehicles have been assembled in Kragujevac.

First Punto Diesel rolls off production line

The event was attended by Economy and Regional Development Minister Mlađan Dinkić, National Investment Plan Minister Verica Kalanović, Italian Ambassador to Belgrade Armando Varricchio, local administrative officials and Fiat’s International Business Director Silverio Bonfiglioli.

“Zastava is a symbol of the improving Serbian economy, and it will be a symbol of Serbia’s speedy development in the coming years. I am proud of the Zastava workers, because in the space of three months, they’ve increased productivity threefold, and that is why they will be the first in Serbia to get bonuses of an average monthly wage for the excellent results, from the profits from the sale of the Kragujevac Punto,” Dinkić said.

Visiting the factory, Dinkić said that new investment was expected in the fall for the production of a completely new model, and that, by then, production capacities would have reached a level of 50,000 automobiles per year.

“The agreement with Fiat will be completely put into action, and there will be a new model of automobiles launched on to foreign markets from Serbia. Investments will begin in the fall and I expect production of the new model to begin at the end of next year, and in 2011, the factory in Kragujevac will work with full capacities of 200,000 new vehicles per year,” Dinkić said.

Since the end of March this year, when production of the Punto Classic began, 4,780 vehicles have been assembled in Kragujevac.