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Stadler Rail interested in cooperation with Serbia's Mind Group - Kragujevac city govt

Stadler Rail interested in cooperation with Serbia's Mind Group - Kragujevac city govt City of Kragujevac

BELGRADE (Serbia), February 18 (SeeNews) - Swiss train manufacturer Stadler Rail is interested in cooperation with Serbian company Mind Group and its railway engineering branch AMM Manufacturing, the city authorities of Kragujevac, where Mind Group is based, said.

The Swiss firm is exploring the possibility of a partnership with Mind Group, primarily in the production of railway components, but also in trains manufacturing, Stadler CEO Peter Spuhler said, as quoted in a statement published on the Kragujevac city official website on Thursday.

The two companies agreed to set up a team that would be in charge of the project's development, Spuhler added. Stadler has, so far, signed contracts to deliver 49 trains to Serbia, he noted.

AMM Manufacturing operates within a 150 ha industrial complex, named Mind Park, near Kragujevac. Mind Group, owned by entrepreneur Bratislav Milanovic, started the construction of the Mind industrial park in April 2018.

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