Reconstruction of the Fiat factory in Kragujevac will be completed in the first half of 2011, Fiat automobili Srbija Director Giovanni de Filippis said Sunday.
He added that the first test car for the new Fiat model would be produced by the end of next year.
A year and a half after a deal on cooperation and investment was signed between Fiat and Zastava, an annex to the contract will establish a joint company. Fiat Automobili Srbija (Fiat Automobiles Serbia) will be set up on November 10 in Kragujevac, according to media reports in Belgrade today, citing sources close to the Serbian government.
