DOCSLIB.ORG

Why Invest in Serbia?

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Why Invest in Serbia? Why Invest in Serbia? Copyright © 2019 Development Agency of Serbia. All rights reserved. Welcome to Serbia! * * Data does not include Kosovo and Metohija Copyright © 2019 Development Agency of Serbia. All rights reserved. 2 About Serbia „ „ The business environment is stable, and it offers transparent I have been nothing but impressed by Serbia - a hidden market conditions, which creates a good starting point for gem to the business world. our business growth in a long run. Jeff McCroskey, VP Services, Europe, NCR Marco Aspesi, VP Corporate Transformation at SR Technics Serbia has continued its path towards EU membership: negotiation process has officially started On WB Doing Business List, Serbia moved up by 43 places over the past 4 years and is now ranked 48th globally City of Belgrade has been named a City of the Future in Southern Europe by the Financial Times Copyright © 2019 Development Agency of Serbia. All rights reserved. 3 Industrial Sectors in Focus Automotive • Top technical education at all levels - wide availability of highly-qualified staff • The perfect geographic location for efficiently serving EU, SEE and Middle East • Sufficient capacity for large volumes of production IT • ICT is most prosperous industry in Serbia with a record 900 M euros of export in 2017 • Positive growth trend in this industry, more than 20 percent annually in the previous three years • Serbia is home to 2,000 innovative IT companies employing more than 20,000 people • Microsoft’s 4th development center in the world opened in Serbia • Expertise in custom, high-end IT development, including software, hardware, and solutions Metalwork and Machine Building • One of Serbia’s core industries with the longest manufacturing tradition • Most of the companies are export-oriented because of internationally acknowledged quality and competitive prices • Highly-skilled workers and competitive labor costs Aerospace and Defense • Century-long tradition and reputation • World class workforce • Close relations with countries anticipated to have the highest growth in aerospace and defense spending Copyright © 2019 Development Agency of Serbia. All rights reserved. 4 Industrial Sectors in Focus Agriculture, Food and Beverages • Serbia is a global leader in the export of frozen raspberries with $207 million exported in 2017 and world No.1 producer of frozen raspberries in 2017 • Over 6.12 million Ha of agricultural land, of which 60% is arable • Sector accounts for 13.1% of FDI since 2001 • One of the few industry sectors recording a trade surplus Textile • Long tradition in providing services to global industry leaders • Developed educational system that includes both secondary schools and university levels • Highly export-oriented sector, with more than 1 billion euros of total export in 2014, out of which 70% was absorbed by EU market Forest Based Industry • Tradition and experience in producing hard wood furniture • Large opportunities in sawn wood, engineered wood products, furniture, and paper production • Top-quality raw base materials Copyright © 2019 Development Agency of Serbia. All rights reserved. 5 Economic Indicators GDP Growth Rate (%) Inflation (%) 6 14 5 4,4%* 4 12 3 10 2 1 8 0 6 -1 -2 4 2.0% -3 2 -4 -5 0 2011 2012 2013 2014 2015 2016 2017 2018* 2011 2012 2013 2014 2015 2016 2017 2018 *Estimated, Source: NBS Unemployment Rate (%) Import and Export (billion EUR) 26 22 20 24 21.9 22 18 Import 20 16 16.3 18 14 16 12 14 12,8% 10 12 8 Export 10 6 2011 2012 2013 2014 2015 2016 2017 2018 2011 2012 2013 2014 2015 2016 2017 2018 Copyright © 2019 Development Agency of Serbia. All rights reserved. 6 Success in Attracting FDI 2012 2013 2014 2015 2016 2017 2018 1,009 1,548 1,500 2,114 2,127 2,548 3,496 Inflow of FDI in Serbia (million EUR) Source: National Bank of Serbia Join the Pool of the Successful Copyright © 2019 Development Agency of Serbia. All rights reserved. 7 Success in Attracting FDI FDI Ranking by Number of Projects Italy 16.0% 13.1% Italy 17.2% Automotive Germany 13.5% 11.6% Austria 10.8% Agriculture,Food/Beverage Austria 8.9% 11.3% US 9.4% Textile & Clothing Slovenia 7.1% 8.3% Czech Republic 6.4% Electrical & Electronics France 5.5% 8.3% Germany 5.9% Construction US 5.5% 7.9% France 4.8% Machinery & Equipment Greece 3.2% 5.3% Greece 3.6% Metallurgy & Metalworking FDI Ranking by Value FDI Ranking by Sector by Number of Projects Source: RAS, March 2019 Copyright © 2019 Development Agency of Serbia. All rights reserved. 8 Success in Attracting FDI FT Greenfield FDI Performance Index 2017 IBM Global Locations Trends 2018 . Financial Times has ranked Serbia #1 in . Serbia is ranked #1 in the world by the Europe, and #2 in the world in greenfield FDI performance estimated jobs created from FDI per million inhabitants . Index is based on the number and size of th greenfield investment projects relative to • In addition, Serbia is ranked 15 in the the country’s GDP World by total estimated jobs created from FDI . According to FT, Serbia is “punching almost at 12 times above its weight” Country Ranking Score Country Ranking Serbia 1 11.60 Serbia 1 Lithuania 2 7.66 Lithuania 2 Bosnia and Herzegovina 3 6.91 Bosnia and Herzegovina 3 Bulgaria 4 5.11 Slovenia 4 Malta 5 4.73 Costa Rica 5 Copyright © 2019 Development Agency of Serbia. All rights reserved. 9 Why Invest in Serbia? Copyright © 2019 Development Agency of Serbia. All rights reserved. 10 Why Invest in Serbia? „ „ The attractiveness of the location, logistics advantages, availability We saw Serbia as a country with good strategic position, of skilled workforce, and a very good support of the Government of adequate infrastructure and great human resource potential. the Republic of Serbia and the local community are the main Being at a unique position in the European market, Serbia reasons why the Bosch Group decided to invest in the municipality offers diverse possibilities and, above all, high quality of Pecinci and the Republic of Serbia. workmanship. Mrs. Jovanka Jovanovic, General Manager of Robert Bosch Serbia Mrs. Silvia Vernetti - Blina, Director FCA Serbia 1 2 3 4 5 6 Availability of Competitive Customs-Free Political Financial Optimal High Quality Operating Access to 1.1B And Economic Benefits and Geographic Labor Costs Consumers Stability Incentives Location Copyright © 2019 Development Agency of Serbia. All rights reserved. 11 Availability of High Quality Labor High School Education There are 510 high schools in Serbia, with approximately 59,948 graduates each year: Economics, Law Trade and Tourism and Administration 8,969 5,159 58,948 Mechanics and 10,234 3,180 Transport Electronics Graduates Gymnasium 15,168 16,238 Other Copyright © 2019 Development Agency of Serbia. All rights reserved. 12 Availability of High Quality Labor University Education 98,337 • There are 8 public universities in Serbia (85 faculties) and 9 Other private universities (51 faculties) • The number of enrolled students is increasing each year • University of Belgrade is ranked in top 400 universities in the world according to the Shanghai Ranking (top 200 in Physics 256,172 and Mathematics) Active • Universities have advanced programs in sciences: engineering, students IT, physics and mathematics Serbia is ranked as 29th in respect to Quality of Math and Science Education 38,316 - Global Competitiveness Index 2017-2018- Mathematics, IT and and Computing 26th in respect to Graduates in Science and Engineering 73,562 45,957 (The share of all tertiary graduates in science, manufacturing, engineering, and construction Social Sciences, Engineering and over all tertiary graduates) Business and Law Manufacturing - Global Innovation Index 2018 - Copyright © 2019 Development Agency of Serbia. All rights reserved. 13 Availability of High Quality Labor U21 Ranking of National Higher Education Systems 2018 Serbia’s universities are 3rd highest performing in the ranking adjusted for gross domestic product Country Ranking (2018) Finland 1 In 2015, Times Higher Education selected Serbia as one of the eight UK 2 countries that could be the world’s new Serbia 3 education superstars! Denmark 4 Sweden 5 Ranking was based on a range of Portugal 6 academic and economic metrics like Switzerland 7 research publication rates, higher South Afrika 8 education participation rates and GDP Israel 9 per head. New Zeland 10 Copyright © 2019 Development Agency of Serbia. All rights reserved. 14 Availability of High Quality Labor Foreign Language Proficiency 12% GERMAN RUSSIAN 86% 6% ENGLISH FRENCH SPANISH 4% Number of Students Studying Foreign Languages ITALIAN Language Elementary School High School English 551,173 324,561 German 128,201 58,620 French 86,423 43,483 Russian 61,262 27,433 Italian 13,669 5,006 Percentage of job applicants that speak a foreign language Spanish 5,940 1,451 Copyright © 2019 Development Agency of Serbia. All rights reserved. 15 Availability of High Quality Labor „ This initiative demonstrates our confidence and trust in Serbia, its industry, management competence and the skill of its workers. Mr. Sergio Marchionne,„ former CEO, FCA Schneider Electric recognized knowledge, innovation and experience of young engineers in Serbia and invested resources in the DMS from Novi Sad, which is now a global center of Schneider Electric research, development and production of software for optimal management of electricity distribution. Mr. Dragoljub Damljanovic, Power Systems & Field Services Cluster VP„ for South East Europe at Schneider Electric BPE Belgrade employs local workforce in all segments of operation, not only in the production process. We have created one of the world’s best teams in the industry; our employees now take on central functions, provide support to the head office, as well as to other factories in the group worldwide. Mr. David Banjai, Former Ball Packaging Europe Belgrade General Manager Copyright © 2019 Development Agency of Serbia.
Load more

Recommended publications
  • Serbian Automotive Cluster Aims at Providing in Strengthening the Support Strategic Goals Havewho Ofinternational Become Part Supplierchains
    SERBIAN 1 AUTOMOTIVE CLUSTER 3 Serbian Automotive Cluster - AC Serbia network includes Serbian companies and institutions that are Development Agency of Serbia (RAS) offers a wide range of services on behalf of the producing automotive parts and components, respectively providing services in the automotive sector. Government of the Republic of Serbia, including support of direct investments and export promotion, and leads the implementation of projects with the aim of improving Mission Serbia’s competitiveness and reputation in order to support the economic and regional Connecting business and networking of scientific, development and public institutions that will help development. in creating synergies and launching joint development projects, in reaching the level of quality and creating a recognizable brand. This will also contribute to international competitiveness strengthening As a newly established agency, RAS builds upon the knowledge of the former Serbia members of AC Serbia. Investment and Export Promotion Agency (SIEPA) and National Agency for Regional Development (NARD) and brings improvements requried to meet the needs of a modern Vision economy. AC Serbia is acting as the central network of automotive parts and components manufacturers in Serbia, who have become part of international supplier chains. RAS will serve as a one-stop-shop for both domestic and international companies with a single goal of building a strong and sustainable economy, and increasing the quality of life Strategic Goals for the people in Serbia. The network of Serbian Automotive Cluster aims at providing support in strengthening the competitiveness of its members, achieving a profitable positioning within the supplier value chain of international car producers, and effecting indirectly the enhancement of the economic situation within the whole automotive supplier sector.
    [Show full text]
  • United States International Trade Commission Certain
    UNITED STATES INTERNATIONAL TRADE COMMISSION WASHINGTON,DC IN THE MATTER OF CERTAIN VARIABLE VALVE ACTUATION DEVICES AND INVESTIGATIONN0. 337-TA­ AUTOMOBILES CONTAINING THE SAME ‘ COMPLAINT UNDER SECTION 337 OF THE TARIFF ACT OF 1930, AS AMENDED COMPLAINANT PROPOSED RESPONDENTS Jacobs Vehicle Systems, Inc. FCA US LLC 22 East Dudley Town Road 1000 Chrysler Drive Bloomfield, CT 06002 Auburn Hills, MI 48326 860-243-1441 FCA México, S.A. de C.V. Prol. Paseo de la Reforma 1240 Desarrollo Santa Fe I México D.F. Sata-Societil Automobilistica Tecnologie Avanzate S.p.A. Localita’ San Nic0la- Zona Industriale Snc ‘ 85025 Melfi Potenza ‘ Italy Fiat Automobili Srbija D00 4, Kosovska Str. Kragujevac 34000 Serbia Fiat Chrysler Automobiles N.V. i Fiat House . 240 Bath Road, Slough SL1 4DX United Kingdom e COUNSEL FOR COMPLAINANT Andrew Riddles Jonathan B. Tropp Richard Brown Cecilia Zhang Stiber DAY PITNEY LLP DAY PITNEY LLP 7 Times Square One Canterbury Green New York, NY 10036 Stamford, CT 06901 Tel: 212.297.5800 Tel: 203.977.7337 Fax: 203.202.3896 Fax: 203.901.1733 [email protected] [email protected] [email protected] [email protected] Eric TeVelde Tom M. Schaumberg DAY PITNEY LLP ' Michael L. Doane 242 Trumbull Street Asha Allam Hartford, CT 06103-1212 ADDUCI, MASTRIANI & SCHAUMBERG, LLP Tel: 860.275.0144 1133 Connecticut Avenue, NW, 12"‘Floor Fax: 860.881.2557 Washington, DC 20036 [email protected] Tel: 202.467.6300 Fax: 203.466.2006 [email protected] [email protected] [email protected] 2-. TABLE OF CONTENTS Page INTRODUCTION .......................................................................................... A. COMPLAINANT .............................................................................. .. B. PROPOSED RESPONDENTS .......................
    [Show full text]
  • 2018 Annual Report
    2018 ANNUAL REPORT 2018 ANNUAL REPORT AND FORM 20-F 2 2018 | ANNUAL REPORT 2018 | ANNUAL REPORT 3 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” and emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Emerging growth company If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S.
    [Show full text]
  • International Trade Commission
    This document is scheduled to be published in the Federal Register on 02/04/2016 and available online at http://federalregister.gov/a/2016-02018, and on FDsys.gov INTERNATIONAL TRADE COMMISSION [Investigation No. 337-TA-954] Certain Variable Valve Actuation Devices and Automobiles Containing the Same; Commission Determination not to Review an Initial Determination Terminating the Investigation; Termination of the Investigation AGENCY: U.S. International Trade Commission. ACTION: Notice. SUMMARY: Notice is hereby given that the U.S. International Trade Commission has determined not to review the presiding administrative law judge’s (“ALJ”) initial determination (“ID”) (Order No. 16) terminating the above-captioned investigation. The Commission has determined to terminate the investigation. FOR FURTHER INFORMATION CONTACT: Clint Gerdine, Office of the General Counsel, U.S. International Trade Commission, 500 E Street, S.W., Washington, D.C. 20436, telephone (202) 708-2310. Copies of non-confidential documents filed in connection with this investigation are or will be available for inspection during official business hours (8:45 a.m. to 5:15 p.m.) in the Office of the Secretary, U.S. International Trade Commission, 500 E Street, S.W., Washington, D.C. 20436, telephone (202) 205-2000. General information concerning the Commission may also be obtained by accessing its Internet server at http://www.usitc.gov. The public record for this investigation may be viewed on the Commission=s electronic docket (EDIS) at http://edis.usitc.gov. Hearing-impaired persons are advised that information on this matter can be obtained by contacting the Commission=s TDD terminal on (202) 205-1810.
    [Show full text]
  • Why Invest in Serbia
    Serbian Development Agency Serbian Development Agency Razvojna agencija Srbije Razvojna agencija Srbije Why Invest in Serbia Development Agency of Serbia Welcome to Serbia! I have been nothing but impressed by” Serbia - a hidden gem to the business world. Jeff McCroskey, VP Services, Europe, NCR 88,499km2 Serbia has continued its path toward EU membership: EU negotiation process officially started, ready for accession by 2020. 7.19 million* Serbia has regained its position as the top investment destination country in the world, measured by the number Belgrade of jobs relative to the size of the population.* (capital, 1,660,000) *According to IBM Global Location Trends 2014 report, IBM Institute for Business Value Nis Novi Sad Serbia is the only country outside of the Commonwealth (above 250,000) (above 341,000) of Independent States that has a Free Trade Agreement Kragujevac with Russian Federation. (180,000) On WB Doing Business List, Serbia moved up by 44 places over the past 2 years, and is now ranked 47th globally. GMT +01:00 (Central European Time) Belgrade was named a City of the Future in Southern Europe. by Financial Times The business environment is stable, and it offers transparent market conditions, which creates a good starting point” for our business growth in a long run. * Data does not include Kosovo and Metohija Marco Aspesi, VP Corporate Transformation at SR Technics Group 3 Join the Pool of the Successful Serbia has taken important steps to implement the reforms necessary for attracting foreign and domestic” investors. We are pleased to be further strengthening the investment climate and enhancing governance.
    [Show full text]
  • [Encode Sans 47 Pt Light] on Several Lines LOREM
    CHIEF EXECUTIVE OFFICER Carlos TAVARES Carlos Tavares held various positions within the Renault Group between 1981 and 2004, before joining the Nissan Group. Carlos Tavares was appointed Executive Vice President, Chairman of the Management Committee Americas and President of Nissan North America in 2009, before being appointed as Chief Operating Officer of Renault, a position he held until 2013. Carlos Tavares served as Chairman of the PSA Managing Board from March 31, 2014, having joined the PSA Managing Board on January 1, 2014. He also serves as a director of Airbus Holding S.A., and is a member of the board of directors of the European Automobile Manufacturers’ Association (ACEA). Carlos Tavares was appointed Executive Director of Stellantis with effect from January 17, 2021 and Chief Executive Officer on January 17, 2021. Born in Portugal, Carlos Tavares graduated from École Centrale de Paris. 2021/01/19 Communication Department HEAD OF AMERICAS Mike MANLEY Michael Manley has a deep background in all aspects of global business operations including strategy, business development, commercial, brand, product planning and operational activities. Bringing extensive experience in the international automobile business, Manley joined DaimlerChrysler in 2000 as Director - Network Development (United Kingdom). He was responsible for product planning and all sales activities outside North America, appointed to this position in December 2008. He later served as Executive Vice President - International Sales and Global Product Planning Operations. Manley was the lead executive for the international activities of Chrysler Group outside of North America, where he was responsible for implementing the co-operation agreements for distribution of Chrysler Group products through Fiat’s international distribution network.
    [Show full text]
  • Time to Advance
    Automotive Industry Invest In Serbia AUTOMOTIVE INDUSTRY SERBIA 20.20 TIME TO ADVANCE Development Agency of Serbia 2021 Copyright © 2021 Development Agency of Serbia. All rights reserved. Welcome to Serbia! Automotive Industry Corridor VII – River Danube Corridor X Development Agency of Serbia 2021 About Serbia About Serbia „ Automotive Industry The business environment is stable, and it offers transparent market conditions, which creates a good starting point for our business growth in a long run. Marco Aspesi, VP Corporate Transformation at SR Technics Serbia has continued its path towards EU membership: negotiation process has officially started On the World Bank’s Doing Business list for 2020 Serbia occupies the 44th place among the 190 countries City of Belgrade has been named a City of the Future in Southern Europe by the Financial Times Development Agency of Serbia 2021 Economic Indicators Automotive Industry GDP Growth Rate (%) Inflation (%) 5 14 4 12 3 10 2 8 1 6 0 4 1.3 -1 2 -2 -1.1 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Unemployment Rate (%) Import and Export (billion EUR) 26 24 24 21.3 22 22 20 20 Import 18 18 16.0 16 16 14 14 Export 12 9.9 12 10 10 8 8 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q4 2020 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Development Agency of Serbia 2021 Source: National Bank of Serbia, Ministry of Finance of the Republic of Serbia, Statistical Office of the Republic of Serbia Success in Attracting FDI Automotive Industry FDI Stock
    [Show full text]
  • Entreprises Familiales L'esprit De Famille
    Published by Luxembourg Chamber of Commerce www.cc.lu MERKUR MAR • AVR 2021 Cover Story : Entreprises familiales The Interview : Georges Krombach L’esprit de famille Success Story : Brasserie Simon 4 ¤ Avec le Cloud, accédez à vos données et logiciels à tout moment Un service accessible 24/24h, 7/7 jours et depuis partout. Avec notre offre CK Cloud, vous réduisez vos coûts en maintenance de matériel et de mises à jour, et sécurisez vos données grâce aux backups effectués régulièrement. Découvrez nos solutions : ck-officetechnologies.lu accentaigu 2, rue Léon Laval Tél. +352 26 380 1 [email protected] Charles Kieffer Group L-3372 Leudelange Fax +352 26 380 380 ck-group.lu Annonce_Cloud_Merkur_200x265_FINALE.indd 1 23/02/2021 12:02 Editor's Letter MAR • AVR 2021 Merkur Avec le Cloud, accédez à vos données et logiciels à tout moment Les résultats d’études récentes sont formels : les entreprises familiales ré- L’étonnante sistent mieux à la crise du Covid-19 que les entreprises non familiales. Et ce indépen- damment de leur taille, du secteur d’activité résilience des dans lequel elles évoluent et du fait qu’elles Un service accessible soient cotées en bourse ou non. entreprises familiales 24/24h, 7/7 jours et Les raisons de cette étonnante résilience face aux défis posés par la crise sanitaire, sociale Patrick Ernzer depuis partout. et économique sont multiples, et c’est bien Directeur communication et marketing dans l’ADN des entreprises familiales qu’il faut chercher les explications de leur robus- Avec notre offre tesse. Une première caractéristique qui les CK Cloud, vous distingue de leurs homologues non-familiales qui mène souvent à l’établissement d’une tant qu’actionnaire unique.
    [Show full text]
  • Extract Pages 18-25, 42-80 and 170-318 of the FCA 2018 Annual
    Overview of Our Business Our activities are carried out through the following five reportable segments: (i) NAFTA: our operations to support distribution and sale of mass-market vehicles in the United States, Canada, Mexico and Caribbean islands, primarily under the Jeep, Ram, Dodge, Chrysler, Fiat, Alfa Romeo and Abarth brands. (ii) LATAM: our operations to support the distribution and sale of mass-market vehicles in South and Central America, primarily under the Fiat, Jeep, Dodge and Ram brands, with the largest focus of our business in Brazil and Argentina. (iii) APAC: our operations to support the distribution and sale of mass-market vehicles in the Asia Pacific region (mostly in China, Japan, India, Australia and South Korea) carried out in the region through both subsidiaries and joint ventures, primarily under the Jeep, Fiat, Alfa Romeo, Abarth, Fiat Professional, Ram and Chrysler brands. (iv) EMEA: our operations to support the distribution and sale of mass-market vehicles in Europe (which includes the 28 members of the European Union and the members of the European Free Trade Association), the Middle East and Africa, primarily under the Fiat, Fiat Professional, Jeep, Alfa Romeo, Lancia, Abarth, Ram and Dodge brands. (v) Maserati: the design, engineering, development, manufacturing, worldwide distribution and sale of luxury vehicles under the Maserati brand. The results of our Magneti Marelli business were previously reported within the Components segment along with our industrial automation systems design and production business and our cast iron and aluminum components business. Following the classification of Magneti Marelli as a discontinued operation for the years ended December 31, 2018, 2017 and 2016, (refer to Note 3, Scope of consolidation), the remaining activities within the Components segment are no longer considered a separate reportable segment as defined by IFRS 8 - Operating Segments and are reported within “Other activities” described below.
    [Show full text]
  • 2015 Sustainability Report
    2015 SUSTAINABILITY REPORT CLICK FOR INSTRUCTIONS ON USING THIS REPORT 2 targets Contents Our Business and Responsibilities Our Stakeholders Facts & Figures n Letter from the Chairman and the n Stakeholder Engagement ..............................72 n Details by Product ......................................212 Chief Executive Officer ....................................4 n Employees ...................................................78 n Details by Processes ..................................213 n Our Business Model .......................................9 n Customers ...................................................97 n Details by Workforce ..................................235 n Our Responsibilities ......................................31 n Dealer and Service Network .......................107 n Details by Suppliers ....................................245 n Corporate Governance .................................53 n Suppliers ....................................................114 n Trade Unions ..............................................128 n Communities ..............................................144 Products and Processes Appendix n Product Innovation and Responsible Mobility 151 n Definitions, Methodology and Scope ..........249 n Plants .........................................................193 n About this Report .......................................252 n Logistics .....................................................203 n Forward-Looking Statements .....................253 n Independent Auditor’s Report .....................254
    [Show full text]
  • FCA Consent Decree January 10, 2019
    Case 3:17-md-02777-EMC Document 484-1 Filed 01/10/19 Page 1 of 224 1 LEIGH P. RENDÉ (PA Bar No. 203452) JOSEPH W.C. WARREN (DC Bar No. 452913) 2 Environment and Natural Resources Division Environmental Enforcement Section P.O. Box 7611, Ben Franklin Station 3 Washington, DC 20044-7611 Telephone: (202) 514-1461 4 Email: [email protected] Email: [email protected] 5 Counsel for the United States 6 XAVIER BECERRA Attorney General of California 7 NICKLAS A. AKERS Senior Assistant Attorney General 8 JUDITH A. FIORENTINI (CA Bar No. 201747) Supervising Deputy Attorney General 9 JON F. WORM (CA Bar No. 248260) LAUREL M. CARNES (CA Bar No. 285690) Deputy Attorneys General 10 600 West Broadway, Suite 1800 San Diego, CA 92101 11 Telephone: (619) 738-9325 Email: [email protected] 12 Email: [email protected] Email: [email protected] 13 Counsel for the People of the State of California 14 UNITED STATES DISTRICT COURT 15 NORTHERN DISTRICT OF CALIFORNIA 16 SAN FRANCISCO DIVISION 17 IN RE: CHRYSLER-DODGE-JEEP No. 3:17-md-02777-EMC 18 ECODIESEL MARKETING, SALES PRACTICES, AND PRODUCTS CONSENT DECREE 19 LIABILITY LITIGATION Hon. Edward M. Chen 20 21 22 23 24 25 CONSENT DECREE 3:17-md-2777-EMC Case 3:17-md-02777-EMC Document 484-1 Filed 01/10/19 Page 2 of 224 1 UNITED STATES, 2 Plaintiff, 3 v. 4 FCA US LLC, 3:17-cv-3446-EMC 5 FIAT CHRYSLER AUTOMOBILES N.V., V.M.
    [Show full text]
  • 2017 Annual Report
    2017 ANNUAL REPORT 2017 | ANNUAL REPORT 3 Table of contents Table of contents Board of Directors and Auditor ...................... 5 Consolidated Financial Statements at December 31, 2017 ................................ 135 Letter from the Chairman and the CEO ......... 7 Consolidated Income Statement ...................... 136 Consolidated Statement Board Report ................................................ 11 of Comprehensive Income/(Loss) ..................... 137 Certain Defined Terms ....................................... 12 Consolidated Statement of Financial Position ... 138 Selected Financial Data ..................................... 13 Consolidated Statement of Cash Flows ............ 139 Risk Factors ...................................................... 16 Consolidated Statement of Changes in Equity .. 140 Overview ........................................................... 32 Notes to the Consolidated Financial Statements .. 141 Our Business Plan ............................................. 34 Company Financial Statements ................ 233 Overview of Our Business .................................. 35 Income Statement ............................................ 234 Operating Results .............................................. 44 Statement of Financial Position ......................... 235 Subsequent Events and 2018 Guidance ............ 76 Notes to the Company Financial Statements .... 236 Other Information ............................................. 246 Major Shareholders ..........................................
    [Show full text]