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Serbia: EIB to lend Fiat JV €500m

The Fiat Automobili Srbija (FAS) joint venture has been granted a €500m (US$686m) loan from the European Investment Bank (EIB). The funds will be used to upgrade facilities and expand capacity at the venture’s plant. "The timing of the signature will depend on the Fiat Group investment needs. It is likely It’s time to log … Continued

The Fiat Automobili Srbija (FAS) joint venture has been granted a €500m (US$686m) loan from the European Investment Bank (EIB). The funds will be used to upgrade facilities and expand capacity at the venture’s plant.

"The timing of the signature will depend on the Fiat Group investment needs. It is likely

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