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May 03, 2015 10:54 AM ET

Automobiles

Company Overview of Zastava Kamioni d.o.o

Company Overview

Zastava Kamioni d.o.o engages in the production and sale of commercial vehicles in Serbia and internationally. The company offers trucks, tippers, self-loading vehicles for containers, roll-tippers, loading vehicles with tail lift, long cabs, universal vans, vehicles to transport bread and meat, and police and medical vehicles. It also produces components, parts, and accessories, such as front axles, rear axles, stamps, equipped body, loading boxes, seats, jacks, and exhaust systems for commercial vehicles. In addition, Zastava Kamioni offers repair, replacement, and overhaul services. It offers its products through a dealer network. The company was founded in 1969 and is based in Kragujevac...

Trg topolivaca br. 4

Kragujevac,  34000

Serbia

Founded in 1969

Phone:

381 34 335 283

Fax:

381 34 300 090

Key Executives for Zastava Kamioni d.o.o

Managing Director
Director of Economics & Finance
Director of Technical for Technological Development
Director of Human Resource
Director of Production
Compensation as of Fiscal Year 2014.

Zastava Kamioni d.o.o Key Developments

Six Foreign Investors Eye Stake In Zastava Kamioni

Six foreign companies and funds have shown interest in the privatization of Zastava Kamioni d.o.o, according to unofficial information of the daily Danas. The interested investors reportedly include three Chinese firms, an Italian one and a Greek one, as well as a UK investment fund. Most likely, the authorities will decide to privatize Zastava Kamioni via a strategic partnership. Officials from the Serbian company expect that talks will be first held with the Chinese firms since Zastava Kamioni has already signed preliminary contracts on business-technical cooperation with two of them - Anhui Jianghuai Automobile Co., Ltd. and Huanghai.

JAC Motors Reportedly Sends Offer For Zastava

Four of five important foreign companies are interested in privatization of Zastava Kamioni d.o.o. (Zastava trucks). Anhui Jianghuai Automobile Co., Ltd. (SHSE:600418) (JAC Motors) has also delivered the offer for strategic partnership to the agency for privatization, Danas finds out.

Zastava Kamioni And Zastava Specijalni To Be Privatized

Serbia's privatization agency said it has invited interested investors to submit letters of intent (LoI) for the privatization of Zastava Kamioni d.o.o and Zastava Specijalni Automobili A.D. The privatization agency added that it will make further decisions on the restructuring of the two local companies based on the analysis of the submitted letters of interest. The deadline for the submission of LoIs is June 20, 2013.

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