railway sector

Hungarian Freight Operator Expands into Serbian Railway Market

CER Cargo Group, a prominent freight rail operator based in Hungary, has finalized an agreement to acquire a railway company in Serbia, as announced in Belgrade. This acquisition follows the company's recent purchase of Austrian rail operator Wiener Lokalbahnen Cargo in December 2025, according to reports from Hungarian media. The specific identity of the Serbian company involved in the transaction has not been made public. This move marks a significant advancement in CER Cargo Group’s strategy to expand its operations…