Fiat Serbia

43°59′59.56″N 20°54′7.43″E / 43.9998778°N 20.9020639°E / 43.9998778; 20.9020639

Fiat Serbia
FormerlyFCA Serbia
Company typeJoint venture
IndustryAutomotive
PredecessorFormer site of Zastava Automobiles (1953–2008)
Founded14 October 2008 (2008-10-14) (Founded)
Headquarters,
Serbia
Key people
Silvia Vernetti (CEO)
ProductsFiat 500L
Production output
459,975 units (2008–2018)[1]
RevenueDecrease 543.52 million (2019)[2]
Decrease €1.35 million (2019)[2]
Total assetsDecrease €565.03 billion (2019)[3]
Total equityIncrease €316.81 million (2019)[3]
OwnerStellantis Italy (67%)
Government of Serbia (33%)
Number of employees
2,195 (2019)
SubsidiariesSlobodna Zona FAS d.o.o.[4]
Websitefiat.rs
Footnotes / references
Business ID: 20468122
Tax ID: 105808309
[5]
External images
image icon FIAT Headquarters Building
image icon FIAT Site Plan
image icon FIAT Assembly line
image icon FIAT Assembly line
image icon FIAT Assembly line
image icon FIAT Sculpture, Kragujevac

Fiat Serbia[a] – formerly "FIAT Automobiles Serbia"[b] (FAS) from 2008 to 2014, then "FCA Serbia"[c] (FCAS) until 2021 – is a Serbian automotive manufacturing company based in Kragujevac, Serbia. It is a joint venture (JV) between the ex-Fiat Chrysler Automobiles (FCA), merged into Stellantis in 2021, which owns 67% of the operation, and the Republic of Serbia, which owns the remainder.

The company headquarters and assembly plant are located on the former site of Zastava Automobiles (1953–2008) – 70 miles south of Belgrade on the Lepenica river in the country's central Šumadija region. Heavily damaged during the NATO Bombing of Yugoslavia, the factory was completely renovated and modernized, reopening in April 2012[7] as one of Europe's state of the art car factories.[8][9]

The operation currently has roughly 2,000 employees and works closely with 15 other companies and component suppliers, many located at the adjacent Grosnica Supplier Park — with a combined workforce of roughly 6,000 tied to production at Fiat Serbia. The factory has a daily output of roughly 400 cars.[10]

The JV is the largest foreign industrial investment in Serbia[11] and as the country's largest exporter, with exports valued at 1 billion euro ($1.1 billion) in 2016.[11]

Fiat 500L, European model

The plant manufactures the Fiat 500L, a five-door, five passenger, front-engine, front-wheel drive, high-roof B-segment MPV, which Stellantis markets globally in more than 100 countries — with the notable exception of Russia.[12] By early 2018, production surpassed 500,000 units.[13]

  1. ^ "KG: Za 7 godina napravili pola miliona FIAT-a 500L – šta im donosi budućnost?" (in Serbian). 16 August 2019. Retrieved 9 December 2020.
  2. ^ a b "КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2019) - FCA Srbija". apr.gov.rs (in Serbian). Retrieved 9 December 2020.[permanent dead link]
  3. ^ a b "КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2019) - FCA Srbija". apr.gov.rs (in Serbian). Retrieved 9 December 2020.[permanent dead link]
  4. ^ "Slobodna zona FAS d.o.o. Kragujevac". ekapija.com (in Serbian). Retrieved 28 January 2018.
  5. ^ Основни подаци о привредном друштву. apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  6. ^ a b Cite error: The named reference FAS-FCAS was invoked but never defined (see the help page).
  7. ^ "FIAT 500L: 500 GOES LARGE". Fiat Press. 28 February 2013.
  8. ^ "Factory "Fiat Cars" in Kragujevcu". The Elnos Group.
  9. ^ Žikica Milošević (23 February 2016). "Alessio Leonardi is the new CEO of "FCA Srbija"". Diplomacyandcommerce.rs.
  10. ^ "Fiat Serbia strike ends, negotiations kick off". Euractiv. 20 July 2017.
  11. ^ a b Radomir Ralev (25 May 2017). "FCA Srbija JV starts production of Fiat 500L in Kragujevac". Seenew.com.
  12. ^ Cite error: The named reference averageage was invoked but never defined (see the help page).
  13. ^ "500,000th Fiat 500L Rolls Off Production Line". FCA Press Released. 22 February 2018. Archived from the original on 25 February 2018. Retrieved 25 February 2018.


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