Private company

Serbian Railways

Logo: Železnice Srbije, Public domain, via Wikimedia Commons3

Serbian engineering company

Serbian Railways is a Serbian engineering and technical consulting company based in Belgrade, Serbia. In 2015, the Government of Serbia established three new companies which took over Serbian Railways' former jurisdictions: Srbijavoz (passenger transport), Srbija Kargo (cargo transport) and Serbian Railways Infrastructure (infrastructure management). These companies are not part of the company Serbian Railways.2 It employed 200 people in 2018.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

2005Founded1
Railway map of Serbia and Kosovo
Photo: Maximilian Dörrbecker ( Chumwa ), CC BY-SA 2.5, via Wikimedia Commons5

Serbian Railways (Serbian: Железнице Србије / Železnice Srbije; abbr. ЖС / ŽS) is a Serbian engineering and technical consulting company based in Belgrade, Serbia.2

Corporate structure

Serbian Railways sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Serbian Railways Belgrade
    • EUROFIMA Stake · 1.08% · Basel, Switzerland
    • Krnjača Bridge railway station Owned · Serbia
    • Krnjača railway station Owned · Krnjača, Serbia
    • Novi Sad railway station Owned · Novi Sad, Serbia
    • Ovča railway station Owned · Serbia
    • Sebeš railway station Owned · Serbia
    • Subotica railway station Owned · Subotica, Serbia
    • Tošin Bunar railway station Owned · Belgrade, Serbia

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Serbian Railways reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

  • EUROFIMA 1.1%
  • Krnjača Bridge railway station
  • Krnjača railway station
  • Novi Sad railway station
  • Ovča railway station
  • Sebeš railway station
  • Subotica railway station
  • Tošin Bunar railway station

Things Wikidata records the company as owning, with the share when stated.1

The story

Early history

The history of rail transport in Serbia began in the mid-19th century when most of the territory was still held by the Austro-Hungarian and Ottoman Empires. The first rail line on the present-day territory of Serbia was inaugurated on 20 August 1854, between Lisava-Oravica-Bazijaš and the train operated on horse-drawn traffic which was replaced in 1856 by steam locomotives. Part of the line is located in Serbia, passing through Bela Crkva while the rest is in Romania. All subsequently built lines were laid towards Budapest as the territory was still part of the Austro-Hungarian Empire back then. On the territory which was under the Ottomans, the line Skopje-Kosovska Mitrovica was inaugurated in 1874. However, the major expansion began after the Berlin Congress and the independence of the, theretofore vassal to the Ottomans, Principality of Serbia during the second half of the 19th century.

Serbian Railways as a company is traced back to 1881 when Prince Milan I declared formation of the Serbian National Railways. The first train departed from Belgrade to Niš on 23 August 1884, which is considered by Serbian Railways as the official year when the company was created.

This was not the first operational railway on the territory of then-Kingdom of Serbia, though, as the one in opened in 1882, a primarily industrial, though occasionally used for passenger transport, 12 km (7.5 mi) long 600 mm (1 ft 11+5⁄8 in) wide gauge track from Majdanpek copper processing plant to Velike Livade (a former village taken over by the plant) and constructed by the Serbian Copper & Iron Co. (official name in English, most stockholders were British) had its first run on the track in June 1882.

Another one in Eastern Serbia followed suit in 1888, the 80 km (50 mi) long dual purpose (industrial and passenger transport) 760 mm (2 ft 5+15⁄16 in) track from Vrška Čuka mine to the port of Radujevac on the Danube, built by the Societé Anonyme "L'Industrielle Serbe" registered at Brussels in Belgian, French, (Austro-)Hungarian, and Serbian ownership (in order of the percentage of stock owned).

From the 1920s until the 1990s, it operated under the name Yugoslav Railways, responsible for railways in the Socialist Federal Republic of Yugoslavia. The first electrified line was opened between Belgrade and Šid in 1970. The line connecting Serbia with south Adriatic (Belgrade-Bar) was opened in 1976.

1990–2015

During the 1990s, following the dissolution of the Socialist Federal Republic of Yugoslavia, railways in Serbia suffered the lack of maintenance of infrastructure and the level of traffic, especially cargo, decreased dramatically. As of 2000, Serbian Railways had a total of 32,832 employees. The negative trend continued into the 2000s. Better days for railways started in the early 2010s when program of modernization, both of infrastructure and rolling stock, have begun.

In 2013, Serbian Railways signed a contract with RZD International, worth $840 million, aimed at modernization of aging infrastructure by focusing on improving key sections of main railway lines. The section between Ruma and Golubinci on Belgrade-Šid line was reconstructed in 2014 and additional five sections on Belgrade-Niš-Preševo line (Sopot-Kosmajski Kovačevac, Mala Krsna-Velika Plana, Vinarce-Đorđevo, Vranjska Banja-Ristovac, and Bujanovac-Bukarevac) were modernized and revitalized in 2015 and 2016, while the section between Belgrade and Pančevo on Belgrade-Vršac line saw doubling tracks along with the reconstruction.

2015–present

In March 2015, the Government of Serbia announced its plan to establish three additional new railway companies, splitting the Serbian Railways in separate businesses. Those companies are: Srbijavoz operating passenger transport, Srbija Kargo operating cargo transport and Serbian Railways Infrastructure operating as infrastructure management company.

Read the full text

Those three companies, fully separated and independent from the Serbian Railways were founded on 10 August 2015, in the process of reconstruction and better optimization of business. In the process, around 6,000 employees left the company with severance payments, which amounts to 39 million euros, by the end of 2017, thus cutting total number of employees from 17,635 in 2016 to around 11,500 in 2018, in all four rail related companies combined. From 2018 to 2020, in the third wave of dismissals, another 1,500 employees are planned to leave the company, cutting the total number of employees to around 10,000 by 2020. That would be 7,635 less employees (43.29%) than in 2016, and 22,800 less (69.51%) than in 2000.

From Wikipedia’s article on Serbian Railways, shared under CC BY-SA 4.0.4

Products and brands

  • réseau express régional

Listed on Wikidata.1

Railroads are categorized as "main lines", "regional lines", "local lines" or "manipulative lines". Following is the table of main lines in Serbia:

From Wikipedia’s article on Serbian Railways, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

  • Government of Serbia

Owners

  • Government of Serbia

Also owns

  • EUROFIMA 1.1%
  • Krnjača Bridge railway station
  • Krnjača railway station
  • Novi Sad railway station
  • Ovča railway station
  • Sebeš railway station
  • Subotica railway station
  • Tošin Bunar railway station

From Wikidata.1

Acquisitions

  1. Succeeded Yugoslav Railways1

Employees over time

  • 20182001

Timeline

  1. 2005Founded Founded in Belgrade1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
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  5. 5