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Mladá Boleslav, Czech Republic (Metro Rail Today): Czech rail manufacturer Škoda Group is exploring opportunities to enter the Serbian rail transport market, marking a potential expansion of its footprint in Southeast Europe.
Earlier this month, the company signed a Memorandum of Understanding (MoU) with Serbian industrial group MIND to evaluate the possibility of establishing production facilities at the MIND Park industrial zone in Kragujevac.
The partnership could pave the way for local manufacturing of rolling stock and urban mobility vehicles for Serbia’s growing rail and public transport sector.
As part of the proposal, Škoda Group is considering the localisation of assembly for its partially low-floor RegioPanter electric multiple unit (EMU) trains.
The company has recently proposed supplying 25 RegioPanter EMUs to Serbia’s Ministry of Transport, which would be deployed by the national passenger rail operator Srbijavoz.
If the project moves forward, it would mark Škoda Group’s first rolling stock delivery to Serbia, expanding the company’s presence in the European rail market.
Beyond mainline rail, the Czech manufacturer has also expressed readiness to localise production of trams and trolleybuses for Belgrade, supporting the Serbian capital’s plans to modernise its urban transport fleet.
Belgrade recently launched a tender for 85 trams, one of the largest tram procurement programs in the region. However, the tender was suspended following complaints from bidders, and Škoda Group did not participate in the process.
Despite this setback, the company remains interested in future opportunities in the city’s tram and trolleybus market.
The proposed manufacturing operations would be located within MIND Park, a major industrial hub covering 190 hectares in Kragujevac.
The park currently hosts:
21 companies
Over 2,000 employees
95,000 square metres of manufacturing, logistics, and office facilities
The site has already attracted significant investment from global rail industry players. Since 2019, Siemens Mobility has operated an 11,600 m² facility at MIND Park, producing Avenio platform trams.
Additionally, AMM Manufacturing operates a nearby plant producing aluminium and steel components for rail applications, strengthening the park’s role as a regional rail manufacturing cluster.
The collaboration between Škoda Group and MIND reflects a broader effort to develop local rail manufacturing capabilities in Serbia, which could support the country’s ongoing railway modernisation programs.
Local production would not only reduce supply chain costs but also create skilled jobs and encourage technology transfer in the rail sector.
Commenting on the development, Mrs. Mamta Shah, MD & CEO, Urban Infra Group, highlighted the importance of localisation strategies in the global rail industry.
“Local manufacturing partnerships are increasingly becoming a key strategy for international rail companies entering new markets. Establishing production facilities within regional industrial clusters not only strengthens supply chains but also supports local economic development and skill creation,” she said.
Škoda Group is one of Europe’s leading providers of rolling stock, tram systems, trolleybuses, and rail technologies, with projects across several countries.
If realised, the proposed investment in Serbia could expand the company’s manufacturing network while supporting the country’s ambitions to modernise its rail and urban transport infrastructure.