Fiat is building new factory in Kragujevac

Belgrade, May, 19.  2010 (Serbia Today) - By the end of this year new Fiat factory in Kragujevac will be finished with all production halls. ‘Fiat Serbia’ management announced that the installation of new machines is planned for the beginning of the next year. Belgrade daily Blic reported the new factory is scheduled to start working until the end of 2011 and shall employ 2,500 workers on the manufacturing of about 300,000 car units per year. The basic model shall be a car of B class. Construction of new ‘Fiat’ factory in Kragujevac is the biggest construction project in Serbia in the past 20 years since the old ‘Zastava’ car factory is unsuitable for the installation of new machines and technologies. In the course of this year, more than EUR 150 millions shall be invested in infrastructure and construction works. New ‘Fiat’ new factory will have the most contemporary world technology for production of cars. The huge area covered by former ‘Zastava car factory (200 hectares) purchased by ‘Fiat’ has more than three thousand works are working every day.