Fiat takes over Zastava's Serbian factory

BBC News 12/23/2009 02:10

Fiat takes over Zastava's Serbian factory - Fiat - Zastava - Business - Serbia - Europe

Fiat has signed a deal to take over the Zastava car factory in Serbia.

Fiat, which now owns more than 67% of Zastava through the deal, plans to make up to 200,000 cars there per year.

The carmaker has made an initial investment of 100m euros (£90m;$143) and is expected to pay another 100m euros next year.

At the signing of the deal, Serbia's economy minister Mladjan Dinkic said production of two new Fiat models would be launched at the factory in 2011.

It is understood that these cars will be for export to Europe and the US.

Add your comment Send Print Report

Fiat Zastava Business Serbia Europe

Add your comment

Anonymous comment

Nickname:	Reserve nickname Reserve nickname Please select nickname you would like to use and choose your password. Nickname: Password: Retype password: Email address:
Password:
	Remember me on this computer

Title:

Send me by email any answer to my comment
Send me by email every new comment to this article

Home Page | Business

Latest Articles

Mets edge Pirates in Dickey's 11-strikeout game New York Seizes Control of Horse-Racing Board New York City to get first major natgas line in 40 years New York Taxi Drivers Unsure They Will See Benefits of a Fare Hike New York Tops London With A Million Dollar Parking Space American Idol: Will Jessica Sanchez's Bad Original Song Cost Her The Title?Egyptians to vote in historic presidential election North Korea says it will 'expand' nuclear program in face of U.S. 'hostility'Iran's Ahmadinejad to visit China to discuss nuclear issue Romney adds to delegate lead with win in Kentucky

Most Popular

New York cops bust 45 in 'Supreme Team' drug crackdown New York Tattoo Convention lands at Roseland Ballroom with up to 200 artists REVEALED: A look inside Britain's most exclusive apartment block as £65m flat at One Hyde Park goes up for sale New York City Plans to Offer Buyouts to Idled Teachers Beastie Boys' Adam Yauch Honored by New York Senate Senators take aim at Facebook co-founder, who will skip taxes by renouncing citizenship $90M midtown penthouse tops mark for priciest New York City apartment Donna Summer, Disco Queen, Dead at 63 Popular Antibiotic May Raise Risk of Sudden Death Super Bowl winners New York Giants get 'Big Blue' rings

More From Business

Facebook sale glitch embarrassing, says Nasdaq Cash-strapped G8 looks to private sector in hunger fight California expects Facebook boost Facebook's Saverin says he's not dodging taxes German minister rules out new talks on Greek aid Central Bankers Now Talking Publicly of Greek Exit Spain takes over bank to fight crisis Mobile Growth May Negatively Affect Facebook Revenue News Corp profit beats forecasts on cable, movies Fed’s Evans Says US Jobless Rate May Rise Bank of America told Fed it could sell branches in emergency: source Standard & Poor's Cuts Credit Ratings for Nine Euro Zone Nations NY Fed mulls sale of $7 bln of AIG bonds-Bloomberg Future Publishing sells New York operation for $3m US seeking to 'close down' Iran central bank UK tabloid owner says hacking probe damaging newspapers Delta eyes American Airlines bid U.S. Debt Nears $15.194 Trillion Ceiling Deutsche Boerse's NYSE deal seen heading for the rocks Apple CEO Tim Cook could top pay list in 2011

Newsletter

Get each new article from

New York

Your email:

Latest

Mets edge Pirates in Dickey's 11-strikeout game New York Seizes Control of Horse-Racing Board New York City to get first major natgas line in 40 years New York Taxi Drivers Unsure They Will See Benefits of a Fare Hike New York Tops London With A Million Dollar Parking Space American Idol: Will Jessica Sanchez's Bad Original Song Cost Her The Title?Egyptians to vote in historic presidential election North Korea says it will 'expand' nuclear program in face of U.S. 'hostility'Iran's Ahmadinejad to visit China to discuss nuclear issue Romney adds to delegate lead with win in Kentucky

Embed in your website

Tags

restaurant Art USA Science NYC Manhattan Bamiyan Guggenheim Afghan Kebab House NMAI MAD Immigrant Museum CMOM New York MoMA Restaurant Planetarium dining Afghan

Popular

New York cops bust 45 in 'Supreme Team' drug crackdown New York Tattoo Convention lands at Roseland Ballroom with up to 200 artists REVEALED: A look inside Britain's most exclusive apartment block as £65m flat at One Hyde Park goes up for sale New York City Plans to Offer Buyouts to Idled Teachers Beastie Boys' Adam Yauch Honored by New York Senate Senators take aim at Facebook co-founder, who will skip taxes by renouncing citizenship $90M midtown penthouse tops mark for priciest New York City apartment Donna Summer, Disco Queen, Dead at 63 Popular Antibiotic May Raise Risk of Sudden Death Super Bowl winners New York Giants get 'Big Blue' rings

Comments

God help us get integrity back in our government..appalling! We his salary to preach this?! idiots Get out! I'M SICK OF THESE UNGRATEFUL EMPTY HEADS WITH SH-T FOR BRAINS hello people Georgia and Idiod congresscritters how stupid can one be? justice...

Click for New York, New York Forecast

New York Luxury Hotel in Times Square Welcomes New Year's Eve Partiers With Celebrations and Accommodations The Benjamin Celebrates 10 Years of the Perfect Night's Sleep with Special Anniversary Package Introducing The Live Nation Club Passport: See Unlimited Club Shows for Remainder of 2009 Just $49.99, All-In, No Fees Alaska Airlines and Horizon Air Offer 'Mystery Discounts' It's Promotional Day from Boar's Head at Yankee Stadium Chick-fil-A Kicks Off 2009 College Football Season with FREE Chicken Sandwich Giveaway, Interactive Website for Fans Lady Of America Continues To Help Women Who Want To Exercise During Stressful Times Chong Hing Jewelers, an Authorized Dealer of Patek Philippe, Offers Free Sunglasses with Purchase Cross Country Automotive Services Offers 'Green' Fuel Card Program to Improve the Environment, Help Roadside Assistan... Maui's Newest Luxury Resort Offers Fall Special at 50% Off Rates

New York, NY
maps.google.com

Euro Zone Crisis Heating Back Up as Leaders Argue Egyptians Vote in Presidential Poll DealBook: Regulators Ask if All Facebook Investors Were Treated Equally The Energy Rush: Shell Arctic Ocean Drilling Stands to Open New Oil Frontier Paul Fussell, Literary Scholar and Critic, Is Dead at 88 Hewlett-Packard Earnings Drop; 27,000 Layoffs Set Bloomberg Violates Weekend Helicopter Ban, and Will Stop Indelible Image of Boy’s Pat on Obama’s Head Philadelphia Orchestra Submits Reorganization Plan Iran Talks Extend into Second Day Dam Limits Loosened to Feed Grand Canyon

Washington Post

Washington Post

Japan begins grim relief mission with towns flooded, thousands reported missing Japanese nuclear plants' operator scrambles to avert meltdowns For autistic kids' parents, trial hits home Subterranean jail a sign of Gaddafi's grip Who will reach the Final Four?

USA Today

Chinese man held for exporting U.S. nuke parts Zimmerman complained about police last year Expatriates in drug violence-riddled Mexico: Stay or go? Utah authorities step up search for cabin burglar Lawmakers skeptical Secret Service scandal was one-time deal Submarine catches fire at Maine shipyard Clinton: U.S. hacked Yemeni al-Qaeda sites Sender of text message may share blame in car crash Does love last longer in arranged marriages? Calcium supplements may raise heart attack risk

Wall Street Journal

Some Big Firms Got Facebook Warning NYSE, Nasdaq in Facebook Faceoff H-P to Lay Off 27,000 Workers Chesapeake Raises Big Bet in Ohio Hospital Medical Devices to Go Wireless RIM Suffers Another High-Level Departure GE Says Industrial-Margin Growth May Miss Forecast Dell Shares Tumble Billionaire Lau Faces Charges in Macau Spain to Recapitalize Bankia

Advertisement:

Win Win Websites Promotion

Win Win Websites Promotion

Egyptian voters queue to make history European leaders put off key decisions Prosecutors seek death for Ben Ali Syrian opposition council chief resigns 122 girls poisoned at Afghan school Doctor who helped find bin Laden jailed 'Detailed proposal' at Iran nuclear talks Mali coup chief named interim president Mexico arrests man over 2006 shooting Russia test-fires missile amid tensions

Associated Press

Inquiry hears of wider Secret Service misbehavior Eager Egyptians hold landmark presidential vote Romney promotes education agenda, defends Bain Clinton: US hacked Yemeni al-Qaida sites Zimmerman complained about Sanford police in 2011 Between Facebook and JPMorgan, Wall St. woes mount Unabomber submits update to Harvard alumni book DC zoo hand-raising cubs after rare cheetah birth 'American Idol' finale features marriage proposal Rusty Wallace heads NASCAR Hall of Fame group

Housing market recovery gains traction EU urges Greece to stay in euro, plans for possible exit China activist worried about nephew's legal plight HP to lay off 27,000, profit slides 31 percent Egyptians back at the polls to pick president Jury deals blow to Oracle in case vs. Google Shareholders sue Facebook, NYSE comes calling First wiretap played at Gupta insider-trading trial Chesapeake defends board to shareholders Detailed, "engaged" Iran nuclear talks go to second day

Russia: Shield-proof missile test-fired Secret Service inquiry reveals dozens of "troubling" incidents Ghonim: Next prez will be "accountable" Traffic jam at Everest "death zone" Band members describe hazing ritual Ten Olympians to watch HP laying off 27,000 workers in restructuring Doctor who aided U.S. bin Laden hunt gets 33 yrs Bandmates: FAMU hazing victim agreed to ritual Zimmerman rode with cops, called them lazy Friends say "no back-story" to Fitzgerald's exit Egyptians go to polls in historic free election UK TV host: Piers Morgan told me how to hack Advocate: Bus attacker thought he beheaded alien Sue the sender? Twist in distracted-driving suit Hawaii verifies Obama's birth records to Arizona Watch: Man skydives without a parachute Study links calcium pills to heart attacks Watch: Will Smith on slapping TV reporter who kissed him Bride who faked cancer to be released from jail

Victoria's Secret Beach Sexy Bikini Collection ELLE’s June cover girl: Kristen Stewart Facebook founder's bride shines in Claire Pettibone wedding gown Trendy Summer Shoes What's Celebrities are Hiding in the Closet? Fashion Ad Campaigns S/S 2012 Photos of The Royal Family Dressed Up For Christmas Street Style Accessories The Most Gorgeous Wedding Dresses in 2011 Bright Punk-Rock Style - Not Only For Teens

Facebook's dream IPO is starting to look like a nightmare As critics lay siege to Facebook, Zuckerberg is MIAAside from the weekend wedding pic, the last time investors saw the social network icon was on Friday morning — just before the rocky debut of his company’s stock. Greece's debt woes put Europe on financial knife edgeTalk about a Herculean task. Or is it Sysiphusian? Europe's heads of state are meeting Wednesday to come up with a plan to jump-start the second largest economy in the world after painful austerity measures brought the euro zone’s growth to a dead stop. HP to lay off about 27,000 to save $3 billion Climbers' traffic jam blamed for Mount Everest deaths Homes, structures destroyed in Nev. wildfire Tribal elder's purported 'KKK' surgical scars spark protest More military tombstones found in backyardAn official looking into the case of tombstones found by a man gardening in his midtown Memphis backyard says seven more markers have been uncovered. Seniors busted for 'prank' -- biking to school Rise in sales bolsters sense of housing revivalWhile lugging new cabinets into their nearly built home, the Kelly family will stack another layer of chaos onto the saw-and-sales frenzy buzzing through their suburban Charlotte subdivision. The bustle is part of a quickening home-construction pulse across the nation.