What Deco Engineering does

DECO Engineering is a privately held, family-owned Serbian engineering and construction company founded in 1999 and headquartered in Belgrade, with branch offices in Athens (Greece) and Riyadh (Saudi Arabia). The firm employs 101-250 staff and has delivered 250+ projects across at least seven countries (Serbia, Greece, Saudi Arabia, Germany, Netherlands, Montenegro, Bosnia & Herzegovina), serving enterprise and government clients in pharmaceutical/biotech, energy, science & technology, commercial/industrial, and residential construction sectors.

The company operates a turnkey delivery model spanning five integrated service lines: Consulting & Planning, Engineering & Design, Project & Construction Management, Equipment Procurement & Installation, and Commissioning, Qualification & Validation (CQV). Its technical capabilities include cGMP-compliant cleanroom construction (EU GMP, FDA, WHO standards), BSL-3 high-containment laboratory construction (per VDI 2083-19:2019), wet limestone flue gas desulfurization systems achieving 95-97% SO2 reduction, hydro power plant rehabilitation, and integrated BMS/EMS automation. Notable landmarks include the €220M FGD TENT B project at Nikola Tesla B power plant with Mitsubishi Power, the EXYTE mRNA competence center in Halle, Germany, and the Torlak BSL-3 laboratory in Belgrade for the Serbian Ministry of Health.

DECO generates revenue through direct enterprise project contracts on fixed-price or cost-plus terms, typically spanning 1-5 years per project. GTM is exclusively direct enterprise sales via tender submissions and long-term relationships, with no resellers, distributors, or self-service channels. The company holds an extensive ISO certification stack (9001, 14001, 45001, 50001, 55001, 31000, 27001, 37001) and has financed growth through relationships with international development banks including OeEB and EBRD. Ownership remains concentrated with the Dedić family, which holds key executive positions including CBO, CFO, and Deputy Director roles.

Name

Deco Engineering

Legal name

PRIVREDNO DRUŠTVO ZA INŽENJERING, TRGOVINU I USLUGE DECO DOO VRNJAČKA BANJA

Website

https://decodoo.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

DECO Engineering is a privately held Serbian turnkey engineering and construction firm founded in 1999, delivering cGMP-compliant pharmaceutical facilities, FGD energy systems, BSL-3 laboratories, and industrial projects for enterprise and government clients across Europe and the Middle East.

Ownership category

akta.pro rank

Product category

Engineering and Construction Services

NAICS

Engineering Services (54133), Electrical Contractors and Other Wiring Installation Contractors (23821)

SIC

Services-Engineering Services (8711)

akta.pro primary industry

Systems Engineering & Technical Program Management (BPAHAIAI)

akta.pro secondary industries

Decommissioning, Demobilization & Handover / Closeout (EUAEAJAI), Hazardous Materials Handling & Compliance (EHS, Transport, Permitting, Reporting) (EUAMALAI)

Keywords

• Turnkey engineering services
• Pharmaceutical facility construction
• Cleanroom construction services
• Flue gas desulfurization projects
• Energy infrastructure construction

Headquarters

HQ city

Belgrade

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering and Construction Services: DECO generates revenue through direct project contracts for engineering, construction, and commissioning services. Projects range from multi-disciplinary pharmaceutical facilities to large-scale energy infrastructure. Revenue is project-based with fixed-price or cost-plus contracting models, typically spanning 1-5 years per project.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

DECO Engineering is a turnkey engineering and construction services provider delivering complex multidisciplinary projects across pharmaceutical, energy, science & technology, and industrial sectors. The company executes five integrated service lines — Consulting & Planning, Engineering & Design, Project & Construction Management, Equipment Procurement & Installation, and Commissioning, Qualification & Validation (CQV) — under a single-point responsibility model targeting cGMP-compliant pharmaceutical facilities, BSL-3 laboratories, flue gas desulfurization plants, hydropower rehabilitation, and commercial/industrial construction across Europe and the Middle East.

Product overview

DECO Engineering is an engineering and construction company offering a comprehensive portfolio of turnkey services rather than a software product. The core service offering consists of five integrated service lines: Consulting & Planning, Engineering & Design, Project & Construction Management, Equipment Procurement & Installation Services, and Commissioning, Qualification & Validation (CQV). These services are delivered across six market verticals: Pharmaceutical & Biotechnology, Science & Technology, Non-Renewable Energy, Renewable Energy, Commercial & Industrial Construction, and Residential Construction. The company specializes in complex, regulated environments requiring GMP/GLP compliance, cleanroom construction, and multi-disciplinary coordination. Projects include pharmaceutical manufacturing facilities, BSL-3 laboratories, flue gas desulphurization plants, hydro power plant rehabilitation, and commercial construction across Serbia, Greece, Saudi Arabia, Germany, and the Netherlands.

Differentiator

Problem solved

Functional benefit

Products and services

• Consulting & Planning Strategic consulting services for complex engineering projects including feasibility studies, CAPEX/OPEX evaluation, regulatory and environmental compliance consulting, master planning, site selection, risk management, and concept development, delivered to enterprise clients in pharmaceutical, energy, and industrial sectors.
• Engineering & Design Comprehensive engineering and design services including basic and detailed engineering (PGD/PZI), 3D modeling and BIM, cleanroom and containment design (GMP, GLP compliant), and technical building systems (HVAC, BMS/EMS, utilities) for complex engineering projects.
• Project & Construction Management Turnkey project execution and coordination services including multi-disciplinary construction supervision, procurement and contract management, risk and cost control systems, and equipment and process integration for complex engineering projects.
• Equipment Procurement & Installation Services Comprehensive equipment and installation services including procurement, logistics, installation, and integration of process equipment, lab systems, and critical utility infrastructure for cleanrooms, controlled environments, power plants, and industrial production facilities.
• Commissioning, Qualification & Validation (CQV) Commissioning, qualification and validation services ensuring facilities, systems and processes meet regulatory compliance requirements; includes CQV master plans, Design/Installation/Operational/Performance Qualification (DQ/IQ/OQ), process validation, clean utility verification, and regulatory audit documentation.
• Pharmaceutical & Biotechnology Facilities Construction End-to-end turnkey construction services for pharmaceutical and biotech facilities including cleanroom installation, pharmaceutical flooring, HVAC, utility systems (chilled water, heating water, industrial steam, potable water), clean media systems (CS, PS, PW, WFI), medical gases, electrical installation, automation (BMS), environmental monitoring (EMS), and facility qualification, targeted at cGMP-compliant sterile, high-potency, oncology and biotech manufacturers.
• Non-Renewable Energy Construction Services Engineering and construction services for non-renewable energy sector including power generation facility upgrades, flue gas desulphurization (FGD) systems, industrial energy distribution systems, utility buildings, retrofit engineering, and emissions reduction strategies for thermal power plants and refineries.
• Renewable Energy Construction Services Civil and electromechanical works for renewable energy facilities including hydropower plant rehabilitation, solar farm infrastructure, wind farm infrastructure development, and energy storage facility support.
• Science & Technology Facility Construction Design and construction of complex environments including BSL laboratories, GLP facilities, cleanrooms for high-tech manufacturing, data centers, battery and semiconductor production environments, and high-tech academic and industrial R&D facilities.
• Commercial & Industrial Construction Industrial construction services for manufacturing, logistics, and processing facilities including turnkey industrial production facilities, food and beverage processing plants, high-bay storage and distribution centers, process utility systems, and automation.
• Residential Construction High-end residential building development and execution including multi-residential and mixed-use buildings, sustainable and energy-efficient building systems, high-end finishes, structural and envelope engineering, MEP coordination, and smart home integration.

Quantifiable outcome

• 250+ completed projects across 7+ countries
• +5 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• PREWIN (Performance, Reliability and Emissions Reduction in Waste Incineration)minorStrategic or Co-development Partner · 1 January 2000European network established in 2000 with mission to improve performance, reliability, and environmental sustainability of Waste-to-Energy facilities. DECO Engineering joined the network contributing to a community of 222 participants from 24 European countries (as of March 2026).
• Mitsubishi PowercoreTechnology or IntegrationTechnology provider for flue gas desulphurization (FGD) projects at Nikola Tesla thermal power plants. Mitsubishi Power supplies the wet limestone flue gas desulfurization technology, with DECO Engineering providing overall project management and mechanical works execution.
• Electric Power Industry of Serbia (EPS)coreImplementation/ SI/ Consulting PartnerEPS is the client and project owner for the Nikola Tesla thermal power plant FGD projects. DECO Engineering serves as overall project manager and executes mechanical works for the flue gas desulphurization facilities.
• Energotehnika Južna BačkaminorChannel Partner/ Reseller/ DistributorPartner company in the FGD TENT B project consortium, providing additional construction and engineering capabilities.
• Goša MontažaminorChannel Partner/ Reseller/ DistributorPartner company in the FGD TENT B project consortium for flue gas desulphurization construction.
• Ex Ing B&PminorChannel Partner/ Reseller/ DistributorPartner company in the FGD TENT B project consortium.
• Ministry of Health of the Republic of SerbiacoreImplementation/ SI/ Consulting PartnerProject owner for the Torlak BSL-3 diagnostic and research facility. The Ministry, through its Project Coordination Unit, engaged DECO Engineering for turnkey delivery of Serbia's first BSL-3 laboratory.
• Toshiba InternationalcoreTechnology or IntegrationClient for rehabilitation of reversible hydro power plant at Bajina Bašta. DECO executes works on generator, rotor and stator refurbishment, testing, and measurements.

Scale indicators5 records

Recent moves4 records

Expansion highlights6 records

Direct peers

• Exyte: German-based global leader in high-tech facility EPC for semiconductor, biotech, and pharmaceutical cleanrooms. Exyte is both a DECO client (mRNA competence center, Halle) and a direct competitor for cGMP/BSL facility tenders, making it the closest functional peer.
• Bilfinger: European industrial services and EPC group with strong pharma, energy, and process-industry footprint. Comparable in offering multidisciplinary engineering, construction, and maintenance services to regulated industrial clients across Europe.
• GEA Group: German process engineering and equipment supplier focused on pharma, food, and dairy. Overlaps with DECO's process-equipment, clean-utility, and turnkey facility delivery for regulated manufacturers in pharma/biotech.
• Mace Group: UK-based construction and project management consultancy delivering complex, regulated facilities (life sciences, hospitality, infrastructure). Comparable in providing single-point turnkey delivery for technically demanding builds across multiple geographies.

Broad incumbents

• Jacobs Solutions: Large global engineering, technical, scientific, and consulting services firm with deep pharma, energy, and infrastructure practices. Operates at significantly larger scale than DECO but competes for similar complex, regulated project scopes.
• Worley: Global energy, chemicals, and resources engineering and project delivery firm. Directly overlaps with DECO's energy infrastructure, FGD, and power plant rehabilitation workstreams, but at materially larger scale and broader geographic reach.
• Fluor Corporation: Global Fortune 500 EPC and construction firm with energy, industrial, and government project portfolios. Comparable in turnkey EPC and commissioning services for large-scale regulated infrastructure, though at much greater scale and capital base.
• Wood Group: Global consulting and engineering firm focused on energy and industrial markets, with project delivery in power, pharma, and process industries. Comparable to DECO in serving energy clients with EPCM/commissioning services, at larger scale.
• AtkinsRéalis: Canadian-headquartered engineering services and nuclear/power specialist with European and Middle East project delivery. Comparable in offering multidisciplinary engineering and project management to energy and regulated infrastructure clients.
• Skanska: Swedish multinational construction and project development group with strong European and US presence in complex buildings, infrastructure, and industrial facilities. Comparable as a large incumbent bidding for similar commercial/industrial and pharma build-outs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInrs.linkedin.com/company/deco-engineering-doo

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

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 Deco Engineering