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Stadler wants to set up factory in Serbia

Christian Fernsby |
Serbian President Aleksandar Vucic met late on Monday with a delegation of the Swiss train building company Stadler, which is interested in new projects in Serbia, as well as in opening a transformer factory in the country.

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Topics: STADLER    SERBIA   

At the meeting, held at Belgrade’s Geozavod, Vucic spoke with a delegation headed by company owner Peter Spuhler, who co-signed a memorandum between Stadler and the Serbian government with Minister of Construction, Transport and Infrastructure Tomislav Momirovic.

Under the memorandum, Stadler will extend significant financial assistance to the Railway Museum in Belgrade to help its development and promotion.

Stadler, a leading global manufacturer of rail vehicles from which Serbia has ordered three trains for a high-speed rail line, is also interested in opening a transformer factory in Serbia, as well as in long-term strategic cooperation in terms of selling more trains to the country.

The parties touched upon potential sales of Stadler products to Serbia and countries in the region and the possibility of Stadler opening a rail vehicle factory in Serbia.

The meeting was also attended by Serbian PM Ana Brnabic, Finance Minister Sinisa Mali and former German chancellor Gerhard Schroder, who is a friend of Spuhler’s.

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