Automotive Industry
- 70 years of tradition based on the cooperation with western OEMs
- 6 motor vehicle manufacturers, 70 automotive component suppliers, 32,000 workers
- More than €1 billion of FDI since the year 2000
- Highly educated workforce, 11 technical faculties, 71 technical schools
- Part of logistic chain between Europe and Middle East
Long Tradition The automotive industry in Serbia dates back to 1939 when the first trucks came out of the assembly lines in the city of Kragujevac. After the Second World War this factory was renamed Zastava and the production of motor vehicles started again under licence to FIAT. Traditionally one of the cornerstones of countries economy, Serbian automotive industry experienced stagnation during 90's and then re-emergence during 00's. This re-emergence is based largely on the entry of foreign capital and companies like FIAT, Michelin, Dräxlmaier, and Delphi.
Great Experience Apart from passenger cars production in FIAT-Zastava plant there are five other motor vehicle manufacturers in Serbia concentrating on commercial cars, trucks and buses. This large industry is supported by more than 70 automotive components suppliers and variety of suppliers of all materials and semi finished goods. Many renowned automotive suppliers established their production in Serbia because of qualified and cost effective labor and excellent export conditions to supply OEMs in European Union or Russia.
Qualified Workforce Every year, around 13,000 students graduate from universities in Serbia, one-third of whom come from technical universities. Highly-educated people, fast learners, receptive to new technologies, IT-literate, and well-versed in foreign languages, constitute Serbia's true capital.
Client List The client references includes companies such as PSA Peugeot Citroën, General Motors, Mercedes, BMW, or eastern like Autovaz, UAZ, Kamaz, Daewoo. The development of components industry in Serbia is best described by increase in turnover from €357 million in 2005 to €830 million in 2008.
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