What HE-DO does

HE-DO Kereskedelmi és Szolgáltató Kft. is a privately held Hungarian civil engineering and road construction company founded in 1991 by domestic private individuals. The company is headquartered in Budapest (Váci út 76.) but traces its origins to Heves County. It operates four asphalt production facilities (Abasár, Veresegyház, Salgótarján, Hejőpapi) and two concrete plants (Abasár, Salgótarján) certified to ÚT 2-3.301, MSZ EN 13108:1-8, and MSZ EN 206-1 standards, plus an accredited in-house road quality testing laboratory (NAH-1-1413/2022) and a construction material recycling plant at Abasár. The company also runs a modern construction equipment fleet and provides bridge construction/renovation, high-rise general contracting (since 2002), and environmental/recycling services (since 2012). Production assets and laboratory capacity are used both for proprietary projects and to supply third-party public and residential buyers.

The company's commercial model is structured around Hungarian public procurement (közbeszerzés). All major projects are bid competitively; HE-DO acts as either general contractor (fővállalkozó) or consortium lead/partner — typically with Colas Út, Soltút, KM Építő, or Swietelsky — on large national infrastructure tenders. The primary customer base is government: municipalities (e.g., Újpest, Terézváros, Józsefváros, Kazincbarcika, Gyöngyös, Bátónyterenye, Debrecen), the Építési és Közlekedési Minisztérium (Ministry of Construction and Transport), and Magyar Közút Nonprofit Zrt. The company holds ISO 9001, 14001, 45001, and 50001 certifications and has received industry recognition including the Építőipari Nívódíj (2023) for the Miskolc bypass phases I and II.

HE-DO's service territory spans six Hungarian counties plus Budapest (Heves, Nógrád, Pest, Jász-Nagykun-Szolnok, Borsod-Abaúj-Zemplén, and Central Hungary), with active project delivery across road reconstruction, bypass construction, bridge renovation (notably the Flórián tér bridge in Budapest), urban street renewal for districts such as Újpest and Terézváros, and industrial site infrastructure for clients including BorsodChem. Recent notable deliveries include the Sajószentpéter bypass (10.6 km, December 2023), Bátónyterenye bypass (2.3 km, December 2023), Gyöngyös western bypass (4.5 km, December 2024), and the Route 21 'singing road' (September 2024). Revenue is exclusively project-based via competitive tenders; the company also generates secondary revenue from asphalt and concrete material sales to third-party buyers.

Name

HE-DO

Legal name

HE-DO Kereskedelmi és Szolgáltató Kft.

Website

https://he-do.hu

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

HE-DO is a privately held Hungarian civil engineering and road construction firm that performs government infrastructure projects through public procurement, operating four asphalt plants, two concrete plants, an accredited quality testing laboratory, and a recycling facility across six Hungarian counties plus Budapest.

Ownership category

akta.pro rank

Product category

Road Construction and Civil Engineering

NAICS

Highway, Street, and Bridge Construction (237310), Site Preparation Contractors (238910)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Asphalt Paving & Roofing Materials (2950), Construction - Special Trade Contractors (1700)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industry

Paving-Grade Asphalt Binder (PG/Performance-Graded) (EUALAKAA)

Keywords

• Road construction
• Asphalt manufacturing
• Civil engineering
• Bridge construction
• Concrete production

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Útépítési és mélyépítési projektvállalkozás: Core revenue stream: civil engineering and road construction projects for government clients (municipalities, county governments, national ministries, Magyar Közút). Projects include road construction, reconstruction, bridge construction, and infrastructure development. Revenue is project-based and one-time per contract, sourced through competitive public procurement bidding. HE-DO acts as either general contractor or consortium lead.
2. Aszfalt- és betongyártás saját és külső felhasználásra: HE-DO operates four asphalt production facilities and two concrete plants (Abasár, Salgótarján). In addition to supplying its own construction projects, the company sells asphalt mix and concrete to public and residential customers (közületi és lakossági vásárlók). This provides a secondary, recurring revenue stream from material sales alongside project revenue.
3. Magasépítési fővállalkozás: Since 2002, the company expanded into high-rise construction (magasépítés) as a general contractor, adding a third revenue stream for building construction projects.
4. Környezetvédelmi és hulladék-rekultivációs szolgáltatások: Since 2012, the company operates an environmental services division (környezetvédelmi üzletág) handling waste reclamation and construction material recycling. Revenue from environmental remediation and recycling services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

HE-DO is a Hungarian civil engineering and road construction contractor that operates four in-house asphalt production plants and two concrete plants, an NAH-accredited quality testing laboratory, and a construction material recycling facility. The company delivers road construction, road reconstruction, bridge construction and renovation, and urban infrastructure projects (stormwater drainage, cycling infrastructure, smart crossings, public lighting) primarily for Hungarian government clients through public procurement tenders. Secondary revenue comes from selling asphalt mix and concrete to third-party public and residential customers from its own production sites.

Product overview

HE-DO Kft. is a Hungarian civil engineering and construction company offering integrated infrastructure development services. The company's core portfolio centers on road construction and asphalt/concrete manufacturing from four facilities (Abasár, Veresegyház, Salgótarján, Hejőpapi), complemented by an accredited quality testing laboratory. Their service offerings include bridge construction, urban infrastructure development, and environmental/waste recycling services. The company operates primarily in Budapest and six Hungarian counties (Heves, Nógrád, Pest, Jász-Nagykun-Szolnok, Borsod-Abaúj-Zemplén) serving both government and municipal clients on public infrastructure projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Road Construction and Reconstruction (Útépítés) Civil engineering and road construction services including new road building, road renovation, highway construction, and infrastructure development across Hungary. The company operates with four asphalt production facilities to support internal material supply.
• Asphalt Manufacturing (Aszfaltgyártás)

Quantifiable outcome

• Flórián tér bridge renovation: 80%+ completion by July 2026, with structural repairs to southern overpass underway
• +4 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered core, major and minor.

• Soltút Kft.coreStrategic or Co-development Partner · 1 January 2023Consortium partner for the Sajószentpéter and Berente bypass (10.6 km, 260-as út), completed December 2023 ahead of schedule. HE-DO was responsible for approximately 3 km of the route and one bridge structure, while Soltút handled another section. The joint venture also collaborated on the Miskolc bypass project.
• KM Építő Kft.majorImplementation/ SI/ Consulting Partner · 1 January 2023Key subcontractor and consortium member across multiple projects. Participated in the Sajószentpéter bypass (5.5 km guardrail construction and Sajó floodplain bridge), Flórián tér bridge renovation in Budapest (with HE-DO as collaborator), 25-ös főút mountain road (soil reinforcement walls), Soroksár industrial area development, Eger-Szilvásvárad road (subsurface drainage), and Csengery utca reconstruction. KM Építő specializes in complex structural and civil engineering works.
• Swietelsky Magyarország Kft.majorStrategic or Co-development Partner · 1 January 2023Consortium member on the Sajószentpéter bypass project, responsible for approximately 5 km of road construction and three bridge structures. Worked alongside HE-DO/Soltút consortium.
• STRABAG Építőipari Zrt.minorStrategic or Co-development Partner · 1 January 2023Separate sub-project contractor on the Sajószentpéter bypass wider project — responsible for the connecting road (2606-os út) modification and a separate roundabout section. Worked on the adjacent section of the infrastructure network.
• Hódút Kft. és Délút Kft.minorStrategic or Co-development Partner · 1 January 2023Consortium members on the Sajószentpéter bypass (10.6 km) project, each responsible for specific sections of the new route construction.
• Colas Út Építőipari Zrt.coreStrategic or Co-development Partner · 1 January 2022Long-standing consortium partner in multiple major road infrastructure projects. Jointly executed the Gyöngyös western bypass (4.5 km, 2024), Bátonyterenye bypass (2.3 km + north-south connecting road, 2023), and are consortium partners on the 25-ös főút mountain road development. HE-DO and Colas frequently bid as a joint venture for large national infrastructure contracts.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hódút Kft. Hungarian road construction and civil engineering contractor active across Hungary. Consortium member with HE-DO on the Sajószentpéter bypass and a recurring competitor on regional Hungarian road tenders.
• KM Építő Kft. Hungarian civil engineering contractor specializing in complex structural and civil works. Has partnered with HE-DO on Flórián tér bridge, Sajószentpéter bypass, 25-ös főút, and Csengery utca, competing in similar road/bridge tenders.
• Soltút Kft. Hungarian road construction and civil engineering contractor with comparable regional footprint. Consortium partner with HE-DO on the 10.6 km Sajószentpéter bypass and Miskolc bypass projects, bidding in the same public-procurement tenders.
• Duna Aszfalt Kft. One of Hungary's largest privately held road construction and asphalt production groups. Directly comparable vertically integrated model (asphalt plants + civil works) and competes with HE-DO for major public-procurement infrastructure contracts in Hungary.
• Colas Út Építőipari Zrt. Hungarian subsidiary of international Colas Group, focused on road construction and civil engineering. Direct competitor and long-standing consortium partner of HE-DO on flagship projects including the Gyöngyös and Bátonyterenye bypasses.
• Délút Kft. Hungarian road and civil engineering contractor based in southern Hungary with comparable scope (roads, bridges, asphalt). Consortium member on Sajószentpéter bypass alongside HE-DO and competing for similar public tenders in the Hungarian market.

Broad incumbents

• Swietelsky Magyarország Kft. Hungarian subsidiary of Austrian Swietelsky Group, a major full-service construction firm with road construction among its lines. Active consortium member on the Sajószentpéter bypass alongside HE-DO and competing for the same Hungarian highway tenders.
• Eurovia Magyarország (Vinci): Hungarian subsidiary of Eurovia, the road-building arm of French group Vinci. International incumbent in road construction with asphalt production, directly competing for larger Hungarian infrastructure tenders where HE-DO operates.
• STRABAG Építőipari Zrt. Hungarian arm of STRABAG SE, one of Europe's largest construction groups with significant road and civil infrastructure presence. Competes for the largest Hungarian infrastructure tenders and has worked alongside HE-DO on adjacent sections of the Sajószentpéter bypass project.

Emerging players

• Penta Általános Építőipari Kft. Hungarian general construction and civil engineering firm with growing road and infrastructure footprint. Comparable regional competitor bidding on mid-sized municipal road tenders where HE-DO is also active.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/HeDoKft
• Facebookfacebook.com/hedoutepito
• LinkedInlinkedin.com/company/he-do-kft

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 HE-DO