"Zastava to make cars for export"

A new Fiat model is set to manufacture in the Kragujevac-based Zastava will be sold abroad, writes Belgrade daily Danas.

Source: Blic

Friday, 30.10.2009.

15:15

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A new Fiat model is set to manufacture in the Kragujevac-based Zastava will be sold abroad, writes Belgrade daily Danas. According to the article published on Friday, the production will create close to 2,500 jobs. "Zastava to make cars for export" The decision on whether a small A class city car or a family B class car will be made on Monday at the Fiat headquarters. In any case, says the newspaper, the car is meant for the world market and at least 200,000 will be made each year. The economic crises and market demand will influence decision on the model of the car. Nebojsa Zdravkovic, who coordinates Serbia's cooperation with the Italian carmaker, stated that the new vehicle would be manufactured using "cutting-edge technology” and that it would be promoted in Turin, "in front of a top-level Serbian delegation". “Whatever Fiat decides, we know that the factory will hire at least 2,433 workers. The new equipment will be installed soon, because Fiat is planning to start manufacturing a new model in 2011, which should be a sophisticated car for the global market. The initial EUR 100mn will be invested in the next few days and that sum will multiply several times by the time the new production begins,” said he.

"Zastava to make cars for export"

The decision on whether a small A class city car or a family B class car will be made on Monday at the Fiat headquarters.

In any case, says the newspaper, the car is meant for the world market and at least 200,000 will be made each year. The economic crises and market demand will influence decision on the model of the car.

Nebojša Zdravković, who coordinates Serbia's cooperation with the Italian carmaker, stated that the new vehicle would be manufactured using "cutting-edge technology” and that it would be promoted in Turin, "in front of a top-level Serbian delegation".

“Whatever Fiat decides, we know that the factory will hire at least 2,433 workers. The new equipment will be installed soon, because Fiat is planning to start manufacturing a new model in 2011, which should be a sophisticated car for the global market. The initial EUR 100mn will be invested in the next few days and that sum will multiply several times by the time the new production begins,” said he.

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