Rail Cargo Group establishes another subsidiary in Serbia

This is taking the form of a joint venture with Transfera d.o.o. - Serbia's second-largest forwarding company, based in Belgrade. Rail Cargo Group (RCG) and Transfera d.o.o., the second largest freight forwarding company in Serbia, are joining forces and have signed an agreement at the Austrian Embassy in Belgrade to establish a joint venture. RCG holds 51 % of the shares and Transfera 49 %. As a result, RCG will offer logistics and forwarding services on the Serbian market in addition to its own transit transport services. This cooperation is an important further step towards innovative logistics solutions in the Western Balkans.

Focus on multimodal transport
The newly established joint company, based in Belgrade, will initially focus on developing intermodal logistics solutions. In the future, the focus will be extended to conventional transport. In November last year, the first freight train departed from the new intermodal terminal in Kruševac in cooperation between RCG and Transfera, laying the foundation for rail transport from Kruševac to Western Europe.

Serbian market on the rise
The Serbian market is becoming increasingly important and offers many new opportunities for rail freight. In recent years, important steps have been taken to rebuild the railways and to modernise and improve the railway infrastructure. The construction of intermodal terminals is an important factor in the integration of Serbian railways into the European transport network. The economy is changing and the demand for environmentally friendly transport solutions continues to grow. This is where RCG comes in, continuing its expansion course and linking Serbia more closely with Turkey and Greece, as well as the ports of Hamburg and Rotterdam, by expanding its European network.

Own traction in Serbia since 2023
In January 2023, RCG established its 13th carrier company in Belgrade. This enables RCG to also offer international transport services in Serbia in own traction, i.e. with its own locomotives and staff. In addition to Serbia and the Western Balkans itself, this location also offers important connections to Turkey.

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