Name

Srbija Kargo

Legal name

Akcionarsko društvo za železnički prevoz robe "Srbija Kargo" (Srbija Kargo a.d.)

Website

https://srbcargo.rs

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Belgrade

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Others

Revenue model

1. Freight Transport Services: Core revenue from railway freight transport services in domestic and international traffic. Revenue is calculated based on distance (daljinar), cargo type, weight, and specific transport requirements. The company charges transport fees according to approved tariffs (Tarifa Deo 1-6 for domestic, DIUM for international).
2. Rental Services: Revenue from renting space, equipment, and rolling stock to production-distribution companies according to published price lists (Cenovnik usluga).
3. Maintenance Services: Revenue from maintenance workshops certified for railway vehicle maintenance services at multiple locations (Kikinda, Subotica, Kraljevo, Pozega, Nis, Makiš, Velika Plana).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Srbija Kargo operates freight railway transport services in domestic (Serbia) and international traffic, providing conventional wagonload transport, combined/intermodal transport of containers, trailers and swap bodies, special shipment transport for oversize cargo, RID-certified dangerous goods transport, and licensed waste transport. The company maintains a diverse fleet of 12 specialized freight car series and operates certified maintenance workshops at 8 locations, supplemented by the KargoPortal web platform for wagon position tracking and transport inquiries.

Product overview

Srbija Kargo a.d. is a state-owned joint stock company providing freight railway transport services in Serbia. The company operates a unified portfolio of rail freight services including conventional transport, combined/intermodal transport, special shipment transport, dangerous goods transport, and waste transport. Client services are delivered through the KargoPortal (elsRC) web portal for wagon tracking, transport inquiries, and order management. The company maintains a diverse freight car fleet with 12 distinct wagon series for various cargo types and maintains comprehensive tariff systems for both domestic and international transport operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Conventional Transport (Konvencionalni prevoz)

Quantifiable outcome

• Fleet modernization with 15 million euro investment for freight car overhaul and locomotive upgrades
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and regulatory.

• Rail Cargo HungariacoreStrategic or Co-development Partner · 2 April 2026Trilateral cooperation with Rail Cargo Hungaria and Železnice Republike Severne Makedonije Transport for strengthening rail freight traffic between Europe and the region. Srbija Kargo joined in coordinating the trilateral memorandum signing.
• Železnice Republike Severne Makedonije TransportcoreStrategic or Co-development Partner · 2 April 2026Trilateral cooperation with Rail Cargo Hungaria and Železnice Republike Severne Makedonije Transport for strengthening rail freight traffic between Europe and the region.
• Infrastruktura železnice SrbijecoreTechnology or IntegrationSerbian railway infrastructure management company providing rail network access and track maintenance. Listed as operational partner in company ecosystem.
• Srbija VozcoreTechnology or IntegrationSerbian passenger railway company and operational partner for rail transport coordination.
• Železnice SrbijecoreTechnology or IntegrationHistorical Serbian Railways entity, current infrastructure partner for rail operations.
• MGSI (Ministarstvo građevinarstva, saobraćaja i infrastrukture)regulatoryOthersMinistry of Construction, Transport and Infrastructure - regulatory oversight and policy partner for railway operations.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Rail Cargo Hungaria: Hungarian state-owned freight rail operator and direct trilateral partner of Srbija Kargo per the April 2026 memorandum. Both run national line-haul rail freight, intermodal, and dangerous goods services in the same Western Balkans/Central Europe corridor with similar rolling-stock and COTIF-based business models.
• HŽ Cargo: Croatian state-owned freight rail operator with parallel line-haul and intermodal services along the Western Balkans corridor. Directly comparable in scope, fleet diversity, and reliance on government ownership for capital access.
• BDZ Cargo: Bulgarian national freight rail carrier providing line-haul rail transport, dangerous goods, and intermodal services. Comparable national-monopoly structure, state ownership, and corridor competition for transit volumes through Serbia.
• CFR Marfa: Romania's state-owned freight rail operator offering line-haul, intermodal, and dangerous goods transport. Closely comparable in scale, fleet age challenges, and reliance on government-backed financing for rolling-stock renewal.
• Železnice Republike Severne Makedonije Transport: North Macedonian national freight rail operator and the third signatory to the April 2026 trilateral memorandum with Srbija Kargo. Operates a smaller national line-haul network with the same COTIF and intermodal focus, competing for transit volumes on the same regional corridor.

Broad incumbents

• PKP Cargo: Poland's national freight rail operator and the largest in the CEE region. Operates line-haul rail freight, intermodal, and bulk cargo across a much larger network but with the same state-linked rail freight business model and COTIF-aligned international traffic.
• DB Cargo: European rail freight market leader (formerly DB Schenker Rail) operating line-haul and block-train services across Western and Central Europe. Provides the broader incumbent benchmark for the European rail freight business model Srbija Kargo operates within.
• ÖBB Rail Cargo Group: Austrian national rail freight group with extensive cross-border operations into Hungary and the Western Balkans. Comparable in offering intermodal, dangerous goods, and conventional rail freight as part of a wider portfolio of logistics services.

Others

• GATX Corporation: Global railcar leasing company; relevant as Srbija Kargo's "Rental Services" revenue stream (renting rolling stock and equipment) addresses the same fleet-financing needs that lessors like GATX serve in Western rail markets.
• Greenbrier Companies: North American rail equipment manufacturer and lessor. Comparable as a freight rail fleet supplier/leasing counterparty relevant to Srbija Kargo's ongoing 1,135-car renewal tender and fleet expansion plans.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/srbijakargo
• LinkedInlinkedin.com/company/srbija-kargo

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Srbija Kargo