Fiat Serbia
Fiat Serbia plant in Kragujevac | |
| Formerly | FCA Serbia |
|---|---|
| Company type | Joint venture |
| Industry | Automotive |
| Predecessor | Former site of Zastava Automobiles (1953–2008) |
| Founded | 14 October 2008 (Founded) |
| Headquarters | , Serbia |
Key people | Silvia Vernetti (CEO) |
| Products | Fiat 500L |
Production output | 459,975 units (2008–2018) |
| Revenue | €543.52 million (2019) |
Net income | €1.35 million (2019) |
| Total assets | €565.03 billion (2019) |
| Total equity | €316.81 million (2019) |
| Owner | Stellantis Italy (67%) Government of Serbia (33%) |
Number of employees | 2,195 (2019) |
| Subsidiaries | Slobodna Zona FAS d.o.o. |
| Website | fiat.rs |
| Footnotes / references Business ID: 20468122 Tax ID: 105808309 | |
| External images | |
|---|---|
| FIAT Headquarters Building | |
| FIAT Site Plan | |
| FIAT Assembly line | |
| FIAT Assembly line | |
| FIAT Assembly line | |
| FIAT Sculpture, Kragujevac |
Fiat Serbia – formerly "FIAT Automobiles Serbia" (FAS) from 2008 to 2014, then "FCA Serbia" (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 as one of Europe's state of the art car factories.
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.
The JV is the largest foreign industrial investment in Serbia and as the country's largest exporter, with exports valued at 1 billion euro ($1.1 billion) in 2016.
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. By early 2018, production surpassed 500,000 units.