trams production

Škoda Group Plans Local Production of Trams and Trains in Serbia

Czech rolling stock manufacturer Škoda Group is advancing plans to establish Serbia as a key manufacturing hub for trams and electric trains, in collaboration with local industrial partners. The company has secured a memorandum of understanding with MIND Group in Kragujevac, which serves as a foundation for production of rail vehicles within the country. This agreement was formalized at the Czech Embassy in Belgrade and aligns with Škoda's strategy to create a sustainable industrial presence rather than merely exporting to…