Srebrenica-based "Cimos" starts cooperation with "Zastava"

Srebrenica-based Factory of car parts "Cimos" has signed the contract on production of several types of parts for the needs of Kragujevac-based "Zastave" in assembling of "punto" automobiles.

- "Cimos" produces brake systems, and the agreement with "Zastava", which has been bought by Italian "Fiat", will enable employment of additional 100 workers in the company in Srebrenica - "Fena" agency announced today (July 23, 2009).

According to "Fena", stabilization of the market in the year of crisis and larger orders are also something that the bauxite, lead and zinc mines in that region wish to happen.