MIND Park

What MIND Park does

MIND Park is an integrated industrial, aviation, and manufacturing hub located 13.6 km from the center of Kragujevac, Serbia, operated by MIND Group (Milanovic Industries Group). Its core assets include the MIND Kragujevac Airport (LYKG), a general aviation aerodrome (reference code 1B, fire category 2) with a 900 m grass runway, a 960 m main runway, and a 22 m x 30 m x 5 m hangar; the MIND Aviation flight school offering PPL(A) and Night Rating training; an industrial manufacturing park hosting rail vehicle production; and MIND Education dual-education programs aligned with Serbian secondary-school curricula. The airport is supported by visitor amenities including Restaurant Culinaris on-site and Sports Center Pampas 10 km away, and hosts the annual AeroMIND air show plus FLY IN events.

The underlying platform is a multi-tenant, capital-intensive industrial complex spanning aviation services, education, and rail manufacturing. Technical components include VFR day/night flight operations infrastructure, AV GAS 100LL and JET A1 fuel services, aircraft reception/dispatch, hangarage, a seasonal international border crossing (April 1 – October 31) approved by the Government of Serbia, and Skoda Transportation RegioPanter electric train, tram, and trolleybus production lines under a Memorandum of Cooperation signed March 9, 2026. MIND Group's stated vision includes a 1,400 m asphalt runway expansion and a modern pilot training center to support larger business and cargo aircraft.

The business model combines transactional aviation services (fuel, hangar rental, landing fees via a published price list, flight training on request, visitor/hospitality revenue) with strategic B2B and B2G exposure through the Skoda rail localization partnership and Serbian government regulatory approvals. Customer segments include general aviation operators and private pilots (primary), business aviation users, and rail/urban transport manufacturing clients. Go-to-market is event-driven (AeroMIND, FLY IN, AERO Friedrichshafen) and direct on-site at Kragujevac, supported by a multilingual website (Serbian, English, German) and active social channels including Instagram @mind.aviation. Revenue is not publicly disclosed and pricing for flight school and hangar rental is gated by inquiry.

Name

MIND Park

Legal name

MIND Park (Milanovic Industries Group d.o.o.)

Website

https://kgaero.rs

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

501–1,000 employees

Short description

MIND Park is an integrated industrial, aviation, and rail-manufacturing hub in Kragujevac, Serbia, operated by MIND Group. It hosts the LYKG general aviation airport, MIND Aviation flight school, a hangar, MIND Education programs, and rail vehicle production via a Skoda Transportation partnership.

Ownership category

akta.pro rank

Headquarters

HQ city

Kragujevac

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Distribution channels1 record

Marketing channels6 records

Core offering

MIND Park operates a general aviation airport (MIND Kragujevac Airport, LYKG) and industrial manufacturing complex located in Kragujevac, Serbia. Core offerings include airport services (aircraft reception/dispatch, hangar rental, AV GAS 100LL and JET A1 fueling, seasonal international border crossing), a flight school providing Private Pilot Licence (PPL(A)) and Night Rating training, and rail vehicle manufacturing capacity under a Skoda Transportation partnership targeting RegioPanter electric trains, trams, and trolleybuses for Serbian and Western Balkans transport markets.

Product overview

MIND Park is a Serbian industrial complex operated by MIND Group, featuring multiple distinct business units. The core aviation operations include MIND Kragujevac Airport (LYKG), a general aviation airport started in June 2023, alongside the MIND Aviation Flight School offering PPL(A) and Night Rating training. Supporting services include business aviation facilities (hangar, fuel, border crossing) and visitor/recreational services (Sports Center Pampas, restaurants). The industrial manufacturing side includes a strategic partnership with Skoda Transportation for localized production of rail vehicles including RegioPanter electric trains, trams, and trolleybuses. MIND Park also manages MIND Education programs providing dual education and accredited training courses.

Differentiator

Problem solved

Functional benefit

Products and services

• MIND Kragujevac Airport (LYKG) General aviation airport operated by MIND Aviation in Kragujevac, Serbia, offering VFR flight operations for domestic and international traffic with hangar facilities and a flight school on-site.
• MIND Aviation Flight School Flight school providing pilot training programs including Private Pilot Licence (PPL(A)) with 100 hours of theoretical and 45 hours of practical training, Night Rating (NR) certification, and time-building opportunities for hour building.
• Airport Business Services
• Visitor and Hospitality Services

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Skoda Transportation (Czech Republic)coreStrategic or Co-development Partner · 9 March 2026MIND Park and Skoda Transportation signed a Memorandum of Cooperation on March 9, 2026, to localize production of railway vehicles at MIND Park in Kragujevac, Serbia. The partnership focuses initially on Skoda's RegioPanter electric trains for regional and suburban transport, with plans to expand to trams and trolleybuses for Belgrade's urban transport network. The goal is to combine Czech engineering expertise with Serbian manufacturing, establishing Serbia as a hub for sustainable rail vehicle production in the Western Balkans.
• MIND Group (Milanovic Industries Group)coreOthersMIND Park and MIND Aviation are part of MIND Group (Milanovic Industries Group). MIND Aviation, the youngest member of MIND Group, operates MIND Kragujevac Airport. MIND Group provides the strategic vision for the park including the planned 1,400m asphalt runway expansion and development of a modern pilot training center.
• MIND EducationminorStrategic or Co-development PartnerMIND Education provides dual education programs and accredited training courses aligned with school curricula and real labor market needs. It is integrated within MIND Park's ecosystem to support workforce development for aviation and industrial operations.
• Restaurant Culinaris (within MIND Park)minorOthersA la carte restaurant located in the heart of MIND Park, offering excellent specialties and pleasant ambiance for airport visitors and business guests. Part of the visitor services ecosystem.
• Sports Center Pampas (near MIND Park)minorOthersSports complex located 10 km from MIND Kragujevac Airport in Donja Trnava, featuring football fields, padel courts, and a restaurant serving authentic Šumadija dishes and lamb specialties. Offered as part of visitor/recreational services near the airport.
• Portorož Airport (Slovenia)minorOthersPortorož Airport (LJPZ/POW), the third-largest international airport in Slovenia, is featured as a destination partner for MIND Aviation. It offers VFR and IFR flight support, full ground handling, Jet A1 and 100LL fuel, and panoramic flights, positioned as a gateway to the Adriatic for MIND Aviation's pilot community.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Egnatia Aviation: Greek EASA-approved flight training organization (ATO) offering integrated ATPL, PPL, and ratings. Comparable to MIND Aviation's flight school in being a Southeast/Central European flight training provider targeting both private and professional pilot pipelines.
• BAA Training: Lithuania-based European flight training organization offering PPL, ATPL, and type rating programs across multiple bases. Comparable to MIND Aviation's flight school in offering integrated pilot training (PPL(A), Night Rating, hour building) targeting European private and aspiring professional pilots.
• Stadler Rail: Swiss rolling stock manufacturer producing RegioPanter-equivalent regional trains (FLIRT), trams, and rack rail vehicles. Direct competitor/peer in the rail OEM space MIND Park is targeting via its Skoda Transportation partnership — comparable product categories (regional EMUs, light rail) and similar Western/Eastern European target markets.
• Sofia Tech Park: Bulgarian integrated science and technology park combining R&D facilities, business incubation, education programs, and event spaces under one campus. Comparable to MIND Park's integrated industrial-park-plus-education-plus-event-platform model in SEE, though without the aviation component.
• Poprad-Tatry Airport: Slovak regional airport combining general aviation, flight training, and tourism/recreational flying in a non-capital regional setting. Comparable scale and customer base (private pilots, flight schools, GA operators) to LYKG MIND Kragujevac.
• Pardubice Airport: Czech general aviation and flight training airport with adjacent industrial zone. Most direct operational peer to MIND Kragujevac — comparable airport size, flight school operations, GA services, and integration with industrial tenants. Strong market overlap given Skoda's Czech origin.
• Pécs-Pogány Airport: Hungarian regional general aviation airport offering flight training, GA services, and limited business aviation support. Comparable scale, services (VFR ops, flight school, hangarage), and CEE regional positioning to MIND Kragujevac.

Broad incumbents

• Alstom: Global rail OEM with strong presence in CEE and the Western Balkans (including Coradia regional trains and Citadis trams). Competes with Skoda for the same regional/urban transport contracts that MIND Park aims to serve. Comparable product breadth but vastly larger scale.
• CAF (Construcciones y Auxiliar de Ferrocarriles): Spanish rolling stock OEM with established CEE and Western Balkans footprint, producing regional trains, trams, and trolleybuses overlapping with MIND Park/Skoda's product scope. Comparable customer base (national rail operators, urban transport authorities).
• Siemens Mobility: Major German rail OEM producing Mireo regional trains, Avenio trams, and trolleybuses. Competes in the same product categories and geographies as the Skoda/MIND partnership, but with established global scale, supply chain, and installed-base advantages.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/mind.aviation
• Facebookfacebook.com/mindgroupserbia
• LinkedInlinkedin.com/company/mindgroupdoo

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 MIND Park