Here’s an overview of notable construction companies in Hungary based on the latest available information as of April 3, 2025. Hungary’s construction industry plays a vital role in the country’s economy, with a focus on infrastructure, residential, commercial, and industrial projects, often supported by EU funding and a growing demand for sustainable development.
- Market Építő Zrt.
- One of Hungary’s leading construction firms, topping revenue charts in 2022 with 306 billion HUF.
- Specializes in high-tech projects, including commercial buildings, logistics facilities, and public infrastructure.
- Known for innovative collaborations and award-winning projects, such as unique sculptures from recycled materials.
- Duna Aszfalt Zrt.
- A major player in infrastructure, particularly road and highway construction, with a 2022 revenue of 215 billion HUF.
- Recognized for quality and professionalism, often involved in large-scale public works across Hungary.
- V-Híd Zrt.
- Ranked third in 2022 with significant revenue, focusing on civil engineering and infrastructure projects like bridges and railways.
- A key contributor to Hungary’s transportation network development.
- STRABAG Hungary (STRABAG Építőipari Zrt.)
- Part of the Austrian STRABAG SE group, a dominant force in Hungary’s construction market.
- Engages in road construction, building projects, and civil engineering, with a reputation for excellence and innovation.
- KÉSZ Építő és Szerelő Zrt.
- A leading Hungarian-owned company operating across Central Europe, offering general contracting services.
- Known for diverse projects, including the Budapest Ferenc Liszt International Airport’s Terminal 2B pier, and emphasizes value engineering.
- West Hungária Bau Kft. (WHB)
- A dynamically growing, 100% Hungarian-owned firm within the WHB Group.
- Covers all construction sectors, from monument renovations to industrial and educational facilities, with headquarters in Biatorbágy.
- Swietelsky Magyarország Kft.
- The Hungarian branch of the Austrian Swietelsky Group, specializing in railway, road, and building construction.
- A reliable partner for infrastructure projects with a strong regional presence.
- Magyar Építő Zrt.
- Founded in 1889, one of Hungary’s oldest construction firms, with a history tied to the Ganz Group.
- Focuses on building construction and civil engineering, playing a significant role in post-WWII reconstruction and modern projects.
- Bayer Construct Zrt.
- A prominent firm in residential, commercial, and industrial construction, known for its skilled workforce and modern techniques.
- Active in delivering projects that meet high client expectations.
- Skanska Property Hungary Ltd.
- Part of the global Skanska Group, with over 37 years in Hungary, focusing on sustainable construction.
- Specializes in residential and commercial property development, with an emphasis on green building solutions.
Industry Insights
- Growth Factors: Hungary’s construction sector benefits from its strategic location in Central Europe, EU infrastructure investments (e.g., EUR 76 billion for 2021-2027), and urban development in cities like Budapest.
- Challenges: Rising material costs, labor shortages, and economic fluctuations pose risks, with a projected 2.8% decline in 2024 after a 4.9% growth in 2023.
- Trends: Increasing focus on sustainability, digitalization (e.g., Building Information Modeling), and large-scale projects like nuclear power plant expansions.