Zastava TERVO

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 production of all-terrain vehicles. Based in Kragujevac, it was formed in 2017 with all assets of Zastava Trucks including most of its employees.^[4]

Zastava TERVO

Native name	Застава ТЕРВО Zastava TERVO
Industry	Automotive Defence
Founded	1 September 2017; 7 years ago (2017-09-01)
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]
Net income	(€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	www.zastavatervo.rs
Footnotes / references Business ID: 21317101 Tax ID: 110210050 [3]

Products

The company produces terrain vehicles off all kind for military and civilian use and armoured cabins and parts for military vehicles.^[5][6]

Vehicles

Zastava NTV

The main product of the company is the Zastava NTV, designed in cooperation with Military Technical Institute. There is an armed version of the vehicle. Version for police and civilian use are also planned. In 2021, Yugoimport SDPR and FAP commenced a large scale production of BOV M16 Miloš in cooperation with Zastava Tervo.^[7][8]

Armoured cabins

PASARS-16

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.

See also

• Defense industry of Serbia