Zastava TERVO
Serbian defense company
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Zastava TERVO (Serbian: Застава ТЕРВО, romanized: Zastava TERVO), short for "Zastava Terenska Vozila" (Serbian: Застава Теренска Возила, romanized: Zastava Terenska Vozila; English: "Zastava Terrain Vehicles"), is a Serbian automotive and defense company, specialized in the manufacturing of light armored vehicles.
Zastava TERVO
Defence
Native name | Застава ТЕРВО Zastava TERVO |
|---|---|
| Industry | Automotive Defence |
| Founded | 1 September 2017 |
| Founder | Government of Serbia |
| Headquarters | Kosovska 4, Kragujevac , Serbia |
Key people | Stefan Đurić (Director) |
| Products | Trucks, vehicle's armored cabins |
| Revenue |  €6.66 million (2023)[1] |
 (€0.35 million) (2023)[1] | |
| Total assets | €33.24 million (2023)[2] |
| Total equity |  €0 (2023)[2] |
| Owner | Government of Serbia (100%) |
Number of employees | 168 (2023) |
| Website | zastavatervo |
| Footnotes Business ID: 21317101 Tax ID: 110210050 [3] | |
History
Company was formed in 2017 with all assets of Zastava Trucks including most of its employees.[4]
Products
The company manufactures all terrain vehicles for military and civilian use and armoured cabins and parts for military vehicles.[5][6]
Vehicles
The main products include Zastava M20 MRAP and the Zastava NTV.
In 2021, Yugoimport SDPR and FAP commenced production of BOV M16 Miloš in cooperation with Zastava Tervo.[7][8]
Armoured cabins
In cooperation with FAP, the company manufactures armoured cabins for military vehicles such as cabins for PASARS-16, modernized and modular M-77 Oganj and armoured launcher for ALAS missile.