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Alstom S.A. has officially signed a turnkey contract worth €915 million to develop the first phase of Belgrade's Metro Line 1. This landmark project represents the first fully automated metro system in Serbia, marking a significant step in the country's infrastructure modernization. The initial phase will connect Makiško Polje to Karaburma, specifically designed to alleviate surface traffic congestion in the capital. Under the agreement, Alstom will provide the rolling stock, signaling systems, and overall project management. This contract win provides the French engineering giant with substantial long-term revenue visibility and reinforces its leadership in European rail solutions. The project is expected to support Belgrade's economic growth while enhancing urban mobility for its residents.
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