The factory that will roll out the new Fiat 500L kicked into action yesterday with an opening ceremony that was attended by both Mirko Cvetkovic, Prime Minister of the Republic of Serbia, and Sergio Marchionne, CEO of Fiat SpA.
More than 150 guests from the political and business arenas attended the ceremony together with workers.
Over a period of thee years, work on the 1.5 million square meter location has been underway to modernize it in preparation for this moment. This included improvements to the surrounding infrastructure, new roofing for the plant, new production shops, land remediation and the installation of world class machinery and production systems. A total of approximately €1 billion has been invested at the site.
Currently, the factory only make the Punto supermini for export, but it’s getting ready to ramp up production from 20,000 a year to 200,000 in 2013. The first 500L has rolled off the production line and is even destined for export to America. Not bad for a factory that made the Yugo in the old days.
Over a period of thee years, work on the 1.5 million square meter location has been underway to modernize it in preparation for this moment. This included improvements to the surrounding infrastructure, new roofing for the plant, new production shops, land remediation and the installation of world class machinery and production systems. A total of approximately €1 billion has been invested at the site.
Currently, the factory only make the Punto supermini for export, but it’s getting ready to ramp up production from 20,000 a year to 200,000 in 2013. The first 500L has rolled off the production line and is even destined for export to America. Not bad for a factory that made the Yugo in the old days.