Regional developments in Hungary, Serbia, and Slovakia

Several distinct regional and national developments are reported across Hungary, Serbia, and Slovakia.

In Hungary, Kaposvári Villamossági Gyár Kft (KVGY) celebrated its 60th anniversary. Managing Director Gyula Szalai noted that the company has seen approximately 20,000 employees over six decades and has invested 4 billion HUF in technology and automation over the last 15 years. The company reported a net revenue of 13.2 billion HUF for 2025.

Separately, the Hungarian National Bank (MNB) is facing scrutiny regarding its growth bond program. Reports suggest that at least half of the value of bonds purchased during a 1,550 billion HUF program ended up with businesses linked to government clients. The MNB stated that the nominal value of bonds held by the bank was 1,470.8 billion HUF as of July 31, 2026, with impairment losses totaling 203.2 billion HUF.

In Serbia, a youth labor market program currently operating in three districts is set for nationwide expansion by 2027. Supported by 39.5 million EUR from the EU, the pilot phase has already involved 25,000 young people, with over 12,000 securing jobs, training, or further education.

In Slovakia, police are investigating the death of a 27-year-old woman at the OAZIS social institution in Keszegfalva. Authorities are treating the case as a homicide, following reports that the death may have been caused by strangulation.