"Zastava vehicles" estimate that the value of the signed contract with "Fiat" amounts to 0.5 billion EUR

Source: Glas javnosti Thursday, 01.01.1970. 13:27
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The president of the Administrative board of "Zastava vehicles" Group, Miodrag Savicevic said that initialling the contract on license and assembling "Punto" in Kragujevac represents a big investment undertaking, because the value of business is estimated at around 0.5 billion EUR. They are negotiating the same business with the German "Opel".
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