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Škoda Group explores entry into Serbian rail transport market

19 March 2026
Reading time ~ 1 min
Signing of Memorandum of Understanding between Skoda Group and MIND industrial group
Signing of Memorandum of Understanding between Skoda Group and MIND industrial group. Source: EUpravo zato
Savenkova Ekaterina, Editorial Contributor to International Projects of ROLLINGSTOCK Agency
Reading time ~ 1 min
Stolchnev Alexey, Russian Projects Editor, ROLLINGSTOCK Agency

Serbia: In early March, the Czech manufacturer signed a memorandum of understanding with local industrial group MIND. The agreement envisages potential establishment of Škoda Group production facilities within the MIND Park industrial zone in Kragujevac.

The company states it could localise assembly of partially low-floor RegioPanter platform trains for state passenger operator Srbijavoz. It recently proposed supplying 25 such electric multiple-units to Serbia’s Ministry of Transport. Škoda Group has not previously delivered rolling stock to the country.

MIND Park industrial zone in Kragujevac MIND Park industrial zone project in Kragujevac. Source: MIND

Škoda Group also stands ready to localise tram and trolleybus production for Belgrade. The Serbian capital’s largest tender—for 85 trams—was recently suspended following complaints. The Czech firm did not bid.

MIND Park spans 190 ha with 95,000 m² of manufacturing, logistics, and office space. It currently hosts 21 companies employing over 2,000 staff. Since 2019, Siemens Mobility has operated an 11,600 m² plant producing Avenio platform trams. AMM Manufacturing’s adjacent facility produces aluminium and steel components for rail applications.

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