Under the night sky in Belgrade, a century old subway dream is waiting to be realized. On the evening of October 13, 2026 Beijing time, POWERCHINA announced that it had acquired the third section of the first phase of the Serbian Capital Metro Line 1, with a contract amount of 1621308405.50 euros, equivalent to approximately 12.526 billion yuan. The tentacles of China's infrastructure have once again extended to the heartland of Europe.

Five Year Subway Dream

The third section of the main line project of Metro Line 1 Phase 1 is located in Belgrade city. It includes construction drawing design, main structure construction, decoration, mechanical and electrical installation, landscape greening, and is a comprehensive package. The construction period is 60 months and the warranty is 2 years. POWERCHINA Serbia's Ministry of Construction, Transport and Infrastructure, the Serbian Public Transport Secretariat, and Belgrade Metro Company have jointly finalized this large order, and the project has been officially finalized, adding another solid milestone to the European market.

Resilience Behind Numbers

The signing of the contract reflects the global coordinates of this state-owned enterprise. POWERCHINA, which specializes in engineering contracting and survey design, as well as power investment and operation, achieved a revenue of 289.679 billion yuan in the first half of 2026, a year-on-year decrease of 1.07%. The net profit attributable to the parent company was 3.82 billion yuan, a year-on-year decrease of 29.6%, and the net profit after deducting non parent company was 3.61 billion yuan. Faced with a complex and severe business environment and arduous reform and development tasks, the company has pressed forward and overcome difficulties. During the reporting period, newly signed contracts amounted to 619.893 billion yuan, a year-on-year decrease of 9.73%. The total profit was 7.328 billion yuan, and the operating indicators steadily improved. Keywords: Metro going global, European infrastructure

The position of the world's largest design company continues to consolidate, ranking first in the 2025 US Engineering News Record ENR Global Engineering Design Company Top 150 list, maintaining the top spot for 6 consecutive years, and ranking first among Chinese funded enterprises for 11 consecutive years; The Global Top 250 Contractors and the Global Contractors List rank 6th and 8th respectively, maintaining the top spot in the field of contracted power engineering for 11 consecutive years. At the same time, the company is deeply promoting artificial intelligence and action, releasing more than 20 AI products, laying out computing infrastructure, taking a key step towards spin off and listing, and achieving stable and orderly high-quality development.Editor/Min Jing