Serbia: Govt reschedules instalment payments to Fiat

Fiat SpA and Serbia have rescheduled the government's portion of payments towards their joint venture in Kragujevac, Fiat Automobiles Serbia (FAS). Fiat's share of the investment in FAS totals €700m (US$878.67m). A report carried by Reuters said the government of Serbia will pay €50m, or 55% of the €90m it owes Subscribe to Automotive World … Continued

• By Webmaster
• August 30, 2012