Fiat "not awaiting SAA ratification"
Fiat denies claims the company is awaiting ratification of the SAA with the EU before going through with the Zastava deal.
Wednesday, 27.08.2008.
11:40
Fiat denies claims the company is awaiting ratification of the SAA with the EU before going through with the Zastava deal. The company’s Media Relations Director Gualberto Ranieri said that Fiat remained committed to the agreement for the acquisition of Zastava that it signed with the Serbian government. Fiat "not awaiting SAA ratification" Ranieri said that claims that the agreement would not be initialed until Serbia ratified the Stabilization and Association Agreement (SAA) were “completely unfounded”. “The Fiat Group confirms its interest in Zastava and in its work with the Serbian government in line with the agreement that Fiat and the government signed earlier this year,” he insisted. The Fiat director stressed that the claims published in yesterday’s edition of daily Politika, according to which the Italian automotive giant would not put pen to paper until the SAA was ratified, were “completely unfounded” and “pure fantasy”.
Fiat "not awaiting SAA ratification"
Ranieri said that claims that the agreement would not be initialed until Serbia ratified the Stabilization and Association Agreement (SAA) were “completely unfounded”.“The Fiat Group confirms its interest in Zastava and in its work with the Serbian government in line with the agreement that Fiat and the government signed earlier this year,” he insisted.
The Fiat director stressed that the claims published in yesterday’s edition of daily Politika, according to which the Italian automotive giant would not put pen to paper until the SAA was ratified, were “completely unfounded” and “pure fantasy”.
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