Fiat to make 100k cars in Serbia, but no new models

In 2015, FAS will remain the top exporter in Serbia and Fiat representatives said that the Serbian government "will use the forthcoming visit of Russian President Vladimir Putin to Serbia to continue the talks on export of FAS vehicles to the Russian market."

And this is how you know that listening to really anything the EU says has nothing to do with bringing investments into Serbia and creating jobs. If Serbia listened to the EU and sanctioned Russia, they would obviously respond back and Fiat would not have had the opportunity to even hope for more exports to the Russian market.

Any Western company that has no political functions and want to invest for what ever reason in Serbia that's one thing. But someone should really tell the EU FU already.

(Comm. Parrisson, 13 October 2014 11:38)

The problem is that you (and the EU), would like it to be an either or. Either you completely isolate yourself towards Western Europe or you trade with Russia. Fiat is important, as is the South Stream Pipeline. This isn't a Russian project only, but a pan European project including Hungary, Croatia, Greece, Italy, Bulgaria and Austria. It also has private shareholders from companies in Germany and France. It is good for every country it runs through because it provides energy security. The only country that losses out really is Ukraine.

The point I was making about the FTA is that it ought include more things. What evidence do you show to your claim that the ONLY things on there are those that benefit Russia. Absolutely anything that is on there benefits both Russia and Serbia. Free trade is good. Sadly, the EU want to tell Serbia who they can and cannot trade with.

The EU is of the past and declining. How can Serbia expect to rely on a union that is only receding while the rest of the world is growing? How can Serbia expect to grow in this case? Isolationism is bad.

"And this is how you know that listening to really anything the EU says has nothing to do with bringing investments into Serbia and creating jobs. If Serbia listened to the EU and sanctioned Russia, they would obviously respond back and Fiat would not have had the opportunity to even hope for more exports to the Russian market."

Funny line of arguments. I would say it that way: The often praised Russian free trade agreement is so greatly designed (of course only for the Russian side) that it excludes Serbia's main export product, these Fiat cars.

And the 'hopeful talk with Putin' about a wonderful contingent of 10.000 cars to be allowed is more or less ridiculous if you can read about the number of 30.000-40.000 cars exported (mainly) to USA.

P.S: Somewhere I heard Fiat is an Italian(European) company, and not a Russian one. This investment in Kragujevac is a lighthouse project that attracted a lot of suppliers, too. I see it as much more valuable than the great south stream project only intended to sell more Russian gas (i.e. expanding the trade deficit) instead of creating jobs for export, not to mention the sell-out of NIS to Gazprom including Serbian domestic gas resources worth some billions.

"The point I was making about the FTA is that it ought include more things. What evidence do you show to your claim that the ONLY things on there are those that benefit Russia. "


To answer your question,maybe check out this, together with the fact that cars are excluded from the FTA.

http://en.wikipedia.org/wiki/Economy_of_Serbia#External_trade

Another nice thing to be found there:

Leading investor nations in Serbia as of 2013:
Italy ($2.69bn) Austria ($2.65bn) Norway ($2.16bn) Belgium ($2.00bn) Greece ($1.66bn)

Why I don't find Russia there while even a mini-country like Belgium and an almost-bankrupt country like Greece is listed?

"And this is how you know that listening to really anything the EU says has nothing to do with bringing investments into Serbia and creating jobs. If Serbia listened to the EU and sanctioned Russia, they would obviously respond back and Fiat would not have had the opportunity to even hope for more exports to the Russian market."

Funny line of arguments. I would say it that way: The often praised Russian free trade agreement is so greatly designed (of course only for the Russian side) that it excludes Serbia's main export product, these Fiat cars.

And the 'hopeful talk with Putin' about a wonderful contingent of 10.000 cars to be allowed is more or less ridiculous if you can read about the number of 30.000-40.000 cars exported (mainly) to USA.

P.S: Somewhere I heard Fiat is an Italian(European) company, and not a Russian one. This investment in Kragujevac is a lighthouse project that attracted a lot of suppliers, too. I see it as much more valuable than the great south stream project only intended to sell more Russian gas (i.e. expanding the trade deficit) instead of creating jobs for export, not to mention the sell-out of NIS to Gazprom including Serbian domestic gas resources worth some billions.

In 2015, FAS will remain the top exporter in Serbia and Fiat representatives said that the Serbian government "will use the forthcoming visit of Russian President Vladimir Putin to Serbia to continue the talks on export of FAS vehicles to the Russian market."

And this is how you know that listening to really anything the EU says has nothing to do with bringing investments into Serbia and creating jobs. If Serbia listened to the EU and sanctioned Russia, they would obviously respond back and Fiat would not have had the opportunity to even hope for more exports to the Russian market.

Any Western company that has no political functions and want to invest for what ever reason in Serbia that's one thing. But someone should really tell the EU FU already.

"The point I was making about the FTA is that it ought include more things. What evidence do you show to your claim that the ONLY things on there are those that benefit Russia. "


To answer your question,maybe check out this, together with the fact that cars are excluded from the FTA.

http://en.wikipedia.org/wiki/Economy_of_Serbia#External_trade

Another nice thing to be found there:

Leading investor nations in Serbia as of 2013:
Italy ($2.69bn) Austria ($2.65bn) Norway ($2.16bn) Belgium ($2.00bn) Greece ($1.66bn)

Why I don't find Russia there while even a mini-country like Belgium and an almost-bankrupt country like Greece is listed?

(Comm. Parrisson, 13 October 2014 11:38)

The problem is that you (and the EU), would like it to be an either or. Either you completely isolate yourself towards Western Europe or you trade with Russia. Fiat is important, as is the South Stream Pipeline. This isn't a Russian project only, but a pan European project including Hungary, Croatia, Greece, Italy, Bulgaria and Austria. It also has private shareholders from companies in Germany and France. It is good for every country it runs through because it provides energy security. The only country that losses out really is Ukraine.

The point I was making about the FTA is that it ought include more things. What evidence do you show to your claim that the ONLY things on there are those that benefit Russia. Absolutely anything that is on there benefits both Russia and Serbia. Free trade is good. Sadly, the EU want to tell Serbia who they can and cannot trade with.

The EU is of the past and declining. How can Serbia expect to rely on a union that is only receding while the rest of the world is growing? How can Serbia expect to grow in this case? Isolationism is bad.