Sitemap

Fiat to Retain Around 2,500 Workers in Serbia

CorD Recommends

Peter Pellegrini Wins Slovak Presidential Election

Peter Pellegrini, the candidate from the ruling...

Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of...

Serbia-France Innovation Forum Begins: Innovate for the Planet! Play Green!

At the Serbia-France Innovation Forum titled 'Innovate...

EU and EP Finalise €6 Billion Support for Western Balkans

The European Parliament and the Council of...

Chinese President Xi Jinping to Embark on Official Visit to Serbia

The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on...

Global Debt Reaches Historic Highs, WEF President Warns

Børge Brende, President of the World Economic Forum (WEF), delivered a stark assessment of the global economy at the...

High-Speed Rail Link Between Novi Sad and Budapest Set to Start in Decembar 

The main track on the high-speed rail section from Novi Sad to Budapest has been successfully connected at the...

Miele Opens First Experience Centre in Novi Sad Amid 125th Anniversary Celebrations

In a year marking its 125th anniversary, Miele has inaugurated its first Experience Centre in Novi Sad, enhancing its...

Nelt Group Announces Executive Appointments

Nelt Group has introduced significant organisational changes to bolster its business strategy "Accelerate 2025," appointing Goran Cerovina as Executive...

Fiat Chrysler Automobiles Serbia will retain a 2,500-strong workforce following a voluntary departure programme, with those who have opted to leave set to receive their redundancy pay on July 28, the RTS reports.

Around 600 of the 1,500 people working for the company’s subcontractors have also decided to leave, says Zoran Markovic, the leader of the Kragujevac-based Independent Union.

Fiat’s Kragujevac plant currently operates in two shifts, producing around 400 vehicles a day.

At a meeting with Serbian Prime Minister Aleksandar Vucic, Director Silvia Vernetti said earlier that the voluntary departure programme had been a complete success.

Fiat, which has around 3,200 workers in Kragujevac, announced in mid-June it would close one shift, prompting union warnings that up to 900 workers at the car plant itself and 600 others employed by subcontractors could lose their jobs.

For instance, workers who have worked at the plant for three years can now count on a redundancy pay of around €4,800.

The Serbian government has a 33 pct stake in Fiat Chrysler Automobiles Serbia.

Related Articles

France

Peugeot to Merge With Fiat Chrysler

The majority of unions representing workers at Peugeot maker PSA are in favour of a planned $50 billion merger with Fiat Chrysler. However, the...