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Zastava TERVO

Zastava TERVO is a Serbian automotive and defense company specializing in light armored vehicles, all-terrain vehicles, armored cabins, and military-vehicle components.

Last updated August 26, 2026

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Overview

Zastava TERVO, whose name is derived from Zastava Terenska Vozila, meaning Zastava Terrain Vehicles, is a Serbian automotive and defense company focused on specialized vehicles and vehicle protection systems. The company was formed in 2017 using the assets of Zastava Trucks and retaining most of that business's employees. Its creation carried forward industrial capabilities associated with the former Zastava Trucks operation while concentrating them on terrain vehicles, military equipment, and armored vehicle manufacturing. The company's portfolio serves both military and civilian applications. Its activities include the production of all-terrain vehicles, light armored vehicles, armored cabins, and parts for military vehicles. Among its principal vehicle products are the Zastava M20 MRAP and the Zastava NTV. These products place the company within Serbia's defense-industrial ecosystem, where vehicle mobility, crew protection, and compatibility with military systems are central requirements. Zastava TERVO also works with other Serbian defense and vehicle manufacturers. In cooperation with FAP, it produces armored cabins for systems including the PASARS-16 air-defense vehicle, modernized and modular M-77 Oganj multiple rocket launchers, and an armored launcher associated with the ALAS missile system. In 2021, Yugoimport SDPR and FAP began production of the BOV M16 Miloš in cooperation with Zastava TERVO. These relationships indicate that the company functions not only as a vehicle brand but also as a manufacturing and integration partner within larger defense programs. The available reference material does not identify a separate consumer-facing retail network, a public listing, a private owner, detailed financial results, or a corporate website. Its known market role is primarily industrial and defense-oriented, with products and components intended for institutional, military, and specialized civilian users rather than mass-market consumers.

History

Zastava TERVO was established in 2017 as a successor operation built from the assets of Zastava Trucks. The new company also incorporated most of the former truck manufacturer's employees, preserving production knowledge and workforce continuity while redirecting the business toward terrain vehicles and defense-related manufacturing. Its business scope combines vehicle production with component and subsystem manufacture. Zastava TERVO makes all-terrain vehicles for military and civilian use, as well as light armored vehicles and armored cabins. This combination gives the company a role in both complete-vehicle production and the supply of protected structures for larger military platforms. The company’s best-known vehicle products include the Zastava M20 MRAP and the Zastava NTV. Its industrial role extends through cooperation with FAP, a Serbian vehicle manufacturer, on protected cabins and other military equipment. These activities include cabins for the PASARS-16 system, cabins for modernized and modular versions of the M-77 Oganj multiple rocket launcher, and an armored launcher for the ALAS missile system. In 2021, Yugoimport SDPR and FAP commenced production of the BOV M16 Miloš in cooperation with Zastava TERVO. This collaboration illustrates the company’s integration into Serbian defense programs in which vehicle manufacturers, defense-system integrators, and specialized component producers jointly deliver finished platforms. The available source material provides limited information about Zastava TERVO’s corporate governance, ownership, export markets, revenue, production volumes, or later product development. It does, however, establish the company as an active Serbian automotive and defense manufacturer descended from the industrial assets and workforce of Zastava Trucks.

  • 2021

    Cooperation on BOV M16 Miloš production

    [1]

    Yugoimport SDPR and FAP commenced production of the BOV M16 Miloš in cooperation with Zastava TERVO.

  • 2017

    Company formation from Zastava Trucks assets

    [1]

    Zastava TERVO was formed using the assets of Zastava Trucks and most of its employees, creating a successor operation focused on terrain vehicles and defense manufacturing.

Products and positioning

A Serbian defense and specialized-vehicle manufacturer positioned around rugged all-terrain mobility, light armored vehicles, crew-protection systems, and industrial cooperation on national military platforms.

  • Mine-resistant ambush-protected vehicle

    Zastava M20 MRAP

    The Zastava M20 is identified as one of Zastava TERVO’s principal products. It belongs to the mine-resistant ambush-protected vehicle category and reflects the company’s focus on protected mobility for military and security applications.

  • All-terrain military vehicle

    Zastava NTV

    The Zastava NTV is a principal all-terrain vehicle associated with Zastava TERVO. The company’s vehicle portfolio is intended for military and civilian use, emphasizing off-road mobility and specialized operational capability.

  • Armored vehicle component

    Armored cabins

    In cooperation with FAP, Zastava TERVO manufactures armored cabins and related protected structures for military vehicles. Referenced applications include the PASARS-16 air-defense system and modernized or modular M-77 Oganj multiple rocket launcher platforms.

  • Missile-system vehicle component

    ALAS armored launcher

    Zastava TERVO participates with FAP in manufacturing an armored launcher for the ALAS missile system. The product represents the company’s role as a protected-vehicle and defense-equipment manufacturing partner rather than solely as a producer of complete vehicles.

  • Armored combat vehicle · 2021

    BOV M16 Miloš

    Production of the BOV M16 Miloš began in 2021 through cooperation involving Yugoimport SDPR, FAP, and Zastava TERVO. The program places Zastava TERVO within a broader Serbian industrial partnership for armored military vehicles.

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