Swiss company plans construction of transformer plant in Serbia

Swiss train manufacturer Stadler Rail is considering the construction of a plant for production of transformers in Serbia, President Aleksandar Vucic said.

“Stadler, one of the world leaders in the production of rail vehicles from which Serbia will procure three high-speed trains, is also interested in opening a transformer factory in Serbia, as well as in a long-term strategic cooperation in terms of selling trains to our country,” Vucic said in a statement published on his personal website after a meeting with company representatives in Belgrade.

In April, Serbia‘s government signed a EUR 62,2 million agreement with Stadler for the delivery of three high-speed trains, to be used on the Belgrade-Novi Sad railway line, which is being built by Russian and Chinese contractors. The first train will be delivered by October 31st, with the second and third to follow by the end of 2021. Stadler manufacture high-speed and intercity trains, suburban and regional transport trains, light rail vehicles and trams.