PE "Roads of Serbia"

What PE "Roads of Serbia" does

PE "Roads of Serbia" (Putevi Srbije d.o.o.) is a state-owned public enterprise, wholly owned by the Government of the Republic of Serbia, established in 2005 to manage, maintain, and develop the national road infrastructure. The company is the designated statutory road authority for all state roads in Serbia (categories I and II), including the principal motorways E-75, E-70, E-761, E-763, and the Belgrade Bypass. Its customer base is essentially the universe of road users in Serbia — freight and commercial transport operators (mandatory TAG users on Belgrade Bypass from January 2026), private motorists, and government transportation authorities — with services delivered through a national office network spanning headquarters in Belgrade plus maintenance departments in Novi Sad, Niš, Užice, and Kosovska Mitrovica, and four regional traffic surveillance centers.

The company's core products and technology stack center on electronic toll collection and traffic management. The "Toll For All" platform provides barrier-free toll payment via TAG devices and a web portal; the National Traffic Surveillance and Management Center, with regional nodes in Belgrade, Čačak, Niš, and Novi Sad, delivers real-time monitoring and ITS operations; the GIS Portal offers geospatial data on the road network; and iOS/Android mobile applications plus hotline-based information centers (0800-100-104 and 0800-111-004) round out the citizen-facing surface. Underlying the platform is a substantial asset base of toll collection infrastructure, tunnel management systems, and ITS deployments. The enterprise also executes major civil engineering programs — the SIRN (Sustainable Road Network Improvement) and RRSP (Road Rehabilitation and Traffic Safety) projects — and is currently rolling out new infrastructure including the Morava Corridor and a Danube bridge near Bačka Palanka.

The business model is hybrid: transaction-based toll revenue from motorway and Belgrade Bypass users (with freight Category IV vehicles mandated to use TAG from April 2026), supplemented by government budget allocations for state road maintenance and capital works. There is no public pricing disclosure. The IMF has flagged Roads of Serbia as a source of elevated fiscal risk and recommended restructuring at the state-owned enterprise level. ISO 9001, ISO 45001, and ISO 50001 certifications underpin its operational management systems.

Name

PE "Roads of Serbia"

Legal name

"Путеви Србије" д.о.о. (Putevi Srbije d.o.o.)

Website

https://putevi-srbije.rs

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Putevi Srbije (Roads of Serbia) is a state-owned public enterprise that manages, maintains, and collects tolls on Serbia's national road network — including motorways and the Belgrade Bypass — serving freight operators, private motorists, and government transportation authorities.

Ownership category

akta.pro rank

Product category

Highway and Road Infrastructure Operations

SIC

Transportation Services (4700)

akta.pro industry

PRIMARYTLAJABAL

Managed Services & Operations Outsourcing for Tolling/RUC Programs

Transportation & Logistics/Transportation Infrastructure & Operations (Roads, Rail Networks, Traffic Management)/Road Tolling, Congestion Charging & Road User Charging Systems

SECONDARYTLAJABAA

Electronic Toll Collection (ETC) & Transponder/Tag Systems (RFID/DSRC)

Transportation & Logistics/Transportation Infrastructure & Operations (Roads, Rail Networks, Traffic Management)/Road Tolling, Congestion Charging & Road User Charging Systems

SECONDARYTLAJABAH

Toll Plaza / Lane Equipment & Field Systems (Gantry, Sensors, Cameras, AVC)

Transportation & Logistics/Transportation Infrastructure & Operations (Roads, Rail Networks, Traffic Management)/Road Tolling, Congestion Charging & Road User Charging Systems

SECONDARYBPAIALAH

Tolling, Pricing & Revenue Operations (Toll Roads, Congestion Pricing, Enforcement)

Business & Public Services/Public Sector & Government Administration/Transportation & Infrastructure Agencies (Roads, Transit, Public Works)

SECONDARYTLAJABAK

Privacy, Security & Compliance for Tolling/RUC (Data Governance, Audit)

Transportation & Logistics/Transportation Infrastructure & Operations (Roads, Rail Networks, Traffic Management)/Road Tolling, Congestion Charging & Road User Charging Systems

Keywords

• Road infrastructure management
• Electronic toll collection
• Highway maintenance services
• Traffic management systems
• State road operations

Headquarters

HQ city

Belgrade

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Toll Collection: Collection of toll fees from vehicles using state-owned motorways and the Belgrade Bypass, including both manual and electronic (TAG) collection systems. Freight vehicles (Category IV) are required to use TAG devices.
2. Road Maintenance Services: Government-funded maintenance and rehabilitation of state roads (I and II category) funded through national budget allocations

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

PE "Roads of Serbia" is a state-owned public enterprise that manages and maintains state roads (categories I and II) across Serbia and operates toll collection on motorways E-75, E-70, E-761, E-763, and the Belgrade Bypass. The company runs electronic and manual toll collection through the Toll For All platform and TAG devices, and provides traffic management through a National Traffic Surveillance Center with four regional centers. Supplementary services include road condition monitoring, real-time traffic information, infrastructure safety, and customer support through dedicated information and service hotlines.

Product overview

PE 'Roads of Serbia' (Putevi Srbije) operates as a state-owned enterprise managing Serbian road infrastructure with a multi-product service portfolio. The core offering centers on electronic toll collection via the Toll For All platform (including TAG devices and web services), complemented by a mobile application for road users. The company delivers several infrastructure management systems including the Traffic Management Information System (with four regional monitoring centers), GIS Portal for geospatial road data, and executes major infrastructure projects such as SIRN (Sustainable Road Network Improvement) and RRSP (Road Rehabilitation and Traffic Safety). Additional services include road condition monitoring, customer support hotlines (Information Center: 0800-100-104, Customer Center: 0800-111-004), and real-time service information through their website and social media channels.

Differentiator

Problem solved

Functional benefit

Brands

• Toll For All: Electronic toll collection web service for Serbian motorways
• SIRN
• RRSP

Products and services

• Toll For All Electronic Toll Collection Service Electronic toll collection web service enabling drivers to register and purchase TAG devices for barrier-free toll payment on Serbian motorways and the Belgrade Bypass. Mandatory for Category IV freight vehicles on the Belgrade Bypass as of January 1, 2026.
• Putevi Srbije Mobile Application Official mobile application providing road status information, traffic updates, and access to toll-related services for road users in Serbia. Available on iOS and Android.
• State Road Maintenance and Rehabilitation Services Government-funded maintenance and rehabilitation of state roads of categories I and II, delivered through regional maintenance departments in Belgrade, Novi Sad, Nis, Uzice, and Kosovska Mitrovica, funded through national budget allocations.
• Manual Toll Collection Services Manual and automated toll collection at motorway entry and exit booths and on the Belgrade Bypass, with real-time waiting time information for road users.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and strategic.

• Centunion (Spain)coreStrategic or Co-development Partner · 30 December 2025Spanish construction company Centunion contracted for construction of bridge on Danube near Backa Palanka. Bridge will be 1,856 meters long with total length of 3,352 meters including access roads, connecting Backa Palanka and Nestin to improve regional connectivity.
• Toll4allcoreTechnology or IntegrationWeb service platform for electronic toll collection enabling barrier-free toll payment via TAG devices for vehicles on Serbian motorways and Belgrade Bypass.
• International Road Federation (IRF)strategicStrategic or Co-development PartnerMiodrag Poledica, Assistant Director of Roads of Serbia, serves as member of IRF Board of Directors, indicating international professional cooperation in road sector.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• VINCI Autoroutes: Operator of French toll motorways under concession contracts. Comparable as a toll road operator managing electronic toll collection and motorway maintenance, though privately operated rather than state-owned.
• Abertis: Major European toll road concession operator with significant international presence. Comparable in its focus on toll collection systems and motorway operations, though operating under concession models rather than state ownership.
• ANAS S.p.A. Italian state-owned road and motorway infrastructure operator. Comparable as a large national state-owned road authority managing a comparable network scope, albeit in a much larger market and with broader responsibilities.
• Autobahn GmbH des Bundes: German federal state-owned company for autobahn planning, construction, and operations. Comparable as a national-level state-owned road operator with a similar mandate, though at far greater scale and without tolling on most routes.

Others

• Kapsch TrafficCom: Austrian provider of intelligent transportation systems and electronic tolling technology used by many national road operators including in the Balkans region. Comparable as an enabling technology supplier to toll road operators rather than a direct competitor.

Direct peers

• DARS d.d. Slovenian state-owned company responsible for managing and tolling the Slovenian motorway network. Comparable as a peer regional state-owned toll road entity with electronic toll collection systems and similar governance structure.
• Hrvatske autoceste (HAC): State-owned Croatian motorway operator managing toll collection and motorway maintenance. Directly comparable as a regional state-owned toll road operator in a neighboring former-Yugoslav country with a similar mix of toll stations and electronic tolling.

Regional players

• Magyar Közút Nonprofit Zrt. Hungarian state-owned road management company operating and maintaining national roads. Comparable in its state-owned road-management mandate, though Magyar Közút focuses on public road maintenance rather than tolling.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/jpputevisrbije
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/jp-putevi-srbije-pe-roads-of-serbia

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

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 PE "Roads of Serbia"