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Signed contracts with key FIAT suppliers

In line with its business orientation to continuously invest in the development of domestic economy, Banca Intesa Beograd has signed a contract with key FIAT suppliers, Italian SIGIT SpA and HT&L Fitting SpA, under the auspices of its parent group. This contract provides a loan to SIGIT SpA from Italy for the construction of a plant for production of plastic parts for FIAT vehicles in Serbia, in the amount of 6.5 million euros.

Financing the construction of a plant for complete wheel assembly for FIAT vehicles on domestic market and procurement of equipment and installations in the amount of 2.6 million euros will be provided by the contract between Banca Intesa and HT&L Fitting SpA. Both contracts signed are for a long-term loan with a repayment period of 10 years.