Fiat Serbia Plant Opens


If you been waiting for the new Fiat 500L to arrive, we have good news.

The plant in which the car is going to be produced is now officially in business. Mirko Cvetkovic, Prime Minister of the Republic of Serbia, together with Sergio Marchionne, CEO of Fiat SpA, today inaugurated the new Fiat car production facility in Kragujevac. More than 150 guests from the political and business arenas attended the ceremony together with workers. This place has cost both parties nearly 1 billion euro.

This opening represents the conclusion of three years of extensive and comprehensive work at the 1.4 million square meter site, which included improvements to the surrounding infrastructure, new roofing for the plant, new production shops, land remediation and the installation of world class machinery and production systems.

Fiat 500L Fiat Serbia Plant Opens

By the end of 2012, some 2,400 people will be employed at the plant plus a further 1,000 with suppliers at the nearby supplier park. Once fully operational, the plant will have a production capacity of up to 200,000 cars per annum.

In welcoming the Prime Minister, Fiat CEO Sergio Marchionne paid tribute to Serbia’s significant program of modernization which has created “a dynamic environment that is attractive to foreign investors. It is a great privilege for Fiat to be able to participate in the country’s future growth”.

With the ‘L’, the 500 expands and grows together with customers, to accommodate new experiences and needs once more.

With MPV passenger space combined with the feel of a small SUV on the road and the restrained dimensions and efficiency of a B segment car, the new Fiat model defies the conventional distinctions between the various segments, combining the typical characteristics of different categories in order to create a distinctive alternative to the traditional B and C segments.

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