The plant manufactures the Fiat 500L, a five-door, five passenger, front-engine, front-wheel drive, high-roof B-segment MPV, which Stellantis markets globally in more than 100 countries - with the notable exception of Russia. The JV is the largest foreign industrial investment in Serbia and as the country's largest exporter, with exports valued at 1 billion euro ($1.1 billion) in 2016. The factory has a daily output of roughly 400 cars. The operation currently has roughly 2,000 employees and works closely with 15 other companies and component suppliers, many located at the adjacent Grosnica Supplier Park - with a combined workforce of roughly 6,000 tied to production at Fiat Serbia. Heavily damaged during the NATO Bombing of Yugoslavia, the factory was completely renovated and modernized, reopening in April 2012 as one of Europe's state of the art car factories. The company headquarters and assembly plant are located on the former site of Zastava Automobiles (1953-2008) - 70 miles south of Belgrade on the Lepenica river in the country's central Ĺ umadija region. It is a joint venture (JV) between the ex- Fiat Chrysler Automobiles (FCA), merged into Stellantis in 2021, which owns 67% of the operation, and the Republic of Serbia, which owns the remainder. "FCA Serbia" (FCAS) until 2021 - is a Serbian automotive manufacturing company based in Kragujevac, Serbia. Fiat Serbia - formerly "FIAT Automobiles Serbia" (FAS) from 2008 to 2014, then
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