"FAS only major exporter in Serbia"

"FAS only major exporter in Serbia"

BELGRADE -- Serbia has no major exporter except Fiat Automobiles Serbia (FAS), Business Info Group said, noting only this company's exports exceed EUR 1 billion annually.

The company has recently been renamed to FCA.

Economic expert Zoran Jeremic said, while presenting a survey on the country's most successful companies in Belgrade on Tuesday, that Serbia "has no exporters in the category of EUR 400 million to 1 billion of export value."

The survey was presented in Tanjug's press center in collaboration with Konrad-Adenauer-Stiftung Foundation.

"The Kragujevac-based FAS company realized EUR 1.36 billion worth of exports and EUR 929 million worth of imports in 2014," it was said.

The restructuring company HIP Petrohemija from Pancevo recorded exports worth EUR 148 million, while its imports totaled EUR 21 million. Yura Corporation from Raca ranks third on the list, with exports at EUR 119 million and imports at EUR 42 million.

RTB Invest ranks fourth, followed by Sojaprotein from Becej, while Hemofarm from Vrsac came out sixth with exports at EUR 149 million and imports at EUR 89 million. The seventh place on the list belongs to Yugoimport-SDPR with exports at EUR 67 million and imports at EUR 12 million.