Legendary Yugoslav Car Firm
Fades Into History
Fades Into History
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 by MILIVOJE PANTOVIC |
The final closure of the long defunct Zastava car factory in Kragujevac has left many Serbs grieving for a part of their history that is now definitely over.
The cars - once popular throughout the former Yugoslavia - have not been produced for years. But the “lock on the factory gate” in Kragujevac - which a Serbian court ordered placed last week - marks a final break with what some believe was "a better past”.
The company Zastava Automobile from Kragujevac was declared bankrupt on Thursday because of mounting debts and after its bank account was blocked for 701 days.
