Based in Kragujevac, it was formed in 2017 with all assets of Zastava Trucks including most of its employees.

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

[5][6] The main product of the company is the Zastava NTV, designed in cooperation with Military Technical Institute.

In 2021, Yugoimport SDPR and FAP commenced a large scale production of BOV M16 Miloš in cooperation with Zastava Tervo.

[7][8] 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.