Neobus (Serbia)

Neobus

Native name	Необус
Type
Industry	Automotive
Fate	It went Bankrupt in 2012
Founded	Novi Sad, Serbia (June 30, 2000 (2000-06-30)) First founded in June 1, 1952
Headquarters	Privrednikova Street 20, Novi Sad, Serbia
Area served	Worldwide
Key people	Ninoslav Šimić (Trustee)
Products	Buses
Revenue	€686,397 (2013)
Net income	€26,038 (2013)
Total assets	€10.58 million (2013)
Total equity	€0 (2013)
Owner	Individuals (98.01%) Others
Number of employees	10
Subsidiaries	Neobus BiH
Website	www.neobus.rs

Neobus a.d. (full legal name: Neobus, Novosadska fabrika autobusa a.d. Novi Sad) is a Serbian bus manufacturer which declared bankruptcy in 2012. The major shareholder since 2004 was a Saudi businessman Alaa Maghrabi Mohammedali A. Neobus produced buses on its original chassis and on the chassis of world's major manufacturers such as Volvo, DAF Bus, Mercedes-Benz, FAP etc.

It was established on 1 June 1952 in Novi Sad, second largest city in Serbia, as Autokaroserija. Neobus was built on the foundations of Stražilovo repair workshop, which was first founded in 1947 in Novi Sad. In the time of its foundation Neobus only had 15 workers. Today, there are 183 employees with this firm. During the first years of its existence Autokaroserija's key business activity was repairing and rebuilding car chassis. In 1956 Autokaroserija started producing new chassis.

From that time, Autokaroserija started closely cooperating with TAM (Automobile and Engine Factory) Maribor, a Slovenian trucks, buses and chassis manufacturer. The cooperation led to full integration of Autokaroserija with TAM in 1973.

The following year, 1974 is one of the most significant years in the history of Neobus. This was the period when Autokaroserija produced its very first urban bus on Volvo chassis for the needs of Novi Sad City Public Transport Company (JGSP). The business relations started between Autokaroserija and JGSP in 1974 made JGSP Autokaroserija's most important buyer.