Herkules

What Herkules does

Herkules S.A. is a publicly listed Polish crane rental and construction services company headquartered in Warsaw (ul. Annopol 5, 03-236 Warszawa) and traded on the Warsaw Stock Exchange under ticker HRS. The company is the self-described market leader on the Polish equipment rental market for tower cranes (40-550 t capacity), self-propelled mobile cranes (40-500 t), and tracked cranes (600-750 t), operating a fleet of more than 300 units with a combined lifting capacity of 8,790 tons sourced from international OEMs. It generates revenue through multi-year rental contracts — 98% of customers opt for comprehensive crane-with-operator service — complemented by construction, oversized-load transport, wind farm development, telecommunications infrastructure, energy construction, engineering design, and prefabricated concrete products via subsidiary Gastel Prefabrykacja S.A.

The business serves enterprise customers across construction (Mostostal Warszawa, Mostostal Zabrze, Unibep, Modzelewski & Rodek), energy (PGE GiEK, Polimex Energetyka, ZRE Katowice, EC Fortum, PGNiG Termika), oil and gas (PKN Orlen Płock refinery, Lotos S.A.), and renewable energy (Nordex Polska wind installations). The group's patent-protected '2 turbines in 72 hours' wind turbine installation technology, developed with 17.5 million PLN of EU co-financing, is a differentiated capability within the Polish wind energy services market.

Consolidated revenue was 150,562 thousand PLN in 2020 with total assets of 367,331 thousand PLN; revenue fluctuated in a 127-155 million PLN band over 2015-2020. The group is structured around wholly-owned subsidiaries Gastel Prefabrykacja S.A. (concrete masts and pylons), Gastel Hotele Sp. z o.o., and Herkules Infrastruktura Sp. z o.o., plus 65.15%-owned Viatron S.A. The company has not paid dividends since 2017, and on November 7, 2023 a Polish court opened arrangement proceedings (postępowanie układowe) against the company, indicating material financial restructuring activity. Distribution is via a domestic direct enterprise sales force and website-based service ordering; over 90% of revenue is generated in Poland.

Name

Herkules

Legal name

Herkules S.A.

Website

https://herkules-polska.pl

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Herkules S.A. is a Polish-listed crane rental and construction services company operating a fleet of more than 300 tower, mobile, and tracked cranes serving enterprise construction, energy, telecom, and wind farm projects across Poland.

Ownership category

akta.pro rank

Product category

Heavy Construction Equipment Rental and Lifting Services

NAICS

Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing (532412), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing (53241), Other Building Equipment Contractors (23829)

SIC

Construction Machinery & Equip (3531), Services-Miscellaneous Equipment Rental & Leasing (7350), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Lifting & Hoisting Rental & Leasing (IMAHAJAN)

akta.pro secondary industries

Tower Cranes (IMAHAJAB), Mobile & Crawler Cranes (IMAHAJAA), Cranes & Heavy Lifting Equipment Rental/Leasing (TLABAFAD)

Keywords

• Crane rental services
• Heavy lifting equipment
• Construction assembly services
• Wind turbine installation
• Oversized load transport

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Crane Rental Services: Rental of tower cranes, self-propelled mobile cranes, and tracked cranes with or without operators. The majority of customers (98%) opt for comprehensive rental services including certified operators.
2. Construction Services: Comprehensive construction and assembly services for general structures, wind farms, telecommunications facilities, and electrical power infrastructure.
3. Oversized Load Shipping: Transportation of oversized loads, particularly wind turbine components and industrial equipment.
4. Crane Sales: Sale of used cranes from the company's equipment fleet.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Herkules S.A. rents tower cranes, self-propelled mobile cranes, and tracked/crawler cranes with capacities ranging from 40 to 750 tons, primarily with certified operators (chosen by 98% of customers). The company also delivers turnkey construction services for general building, energy, telecommunications, and wind farm projects, plus oversized load transportation, engineering design, and prefabricated concrete products through its subsidiary Gastel Prefabrykacja S.A.

Product overview

Herkules S.A. is a comprehensive crane rental and construction services provider operating as a leader on the Polish market. The company offers a diversified portfolio organized around three core equipment rental categories: tower cranes (top slewing with trolley jib, top slewing with tilting arm, and quick assembly models), self-propelled cranes (terrain/field cranes and hydraulic cranes with capacities from 40 to 500 tons), and tracked/crawler cranes (tower and hydraulic configurations up to 600 tons). Complementing equipment rental are integrated construction services covering general construction, energy infrastructure, telecommunications, and wind farm development (including the proprietary '2 turbines in 72 hours' service). Additional offerings include engineering design, oversized transport, and prefabricated concrete products (via subsidiary Gastel Prefabrykacja S.A.). The company operates equipment from world-leading brands including Liebherr, Grove, Terex, Potain, Wolff, Jaso, Sennebogen, and Tadano.

Differentiator

Problem solved

Functional benefit

Products and services

• Tower Cranes (Top Slewing with Trolley Jib) Rental of top slewing tower cranes with trolley jib configuration for construction projects, offering crane classes from 70-80 tm to over 300 tm. Available with or without certified operators.
• Tower Cranes (Top Slewing with Tilting Arm) Rental of top slewing tower cranes with tilting arm configuration from brands including Terex Comedil and Wolff, suitable for various construction applications.
• Quick Assembly Tower Cranes Rental of quick-assembly tower cranes for rapid deployment on construction sites, including models like Terex Comedil CBR 40H-4.
• Self-Propelled Field Cranes Rental of terrain/all-terrain self-propelled cranes including Grove RT 650E, Grove AT 633B, Terex-Bendini RC 45, and Tadano GR-500EX with capacities ranging from 30-50 tons.
• Self-Propelled Hydraulic Cranes Rental of high-capacity hydraulic mobile cranes from Liebherr, Grove, and Demag with capacities ranging from 40 to 500 tons, including models such as Liebherr LTM 1500-8.1 (500t) and Grove GMK 7450K (450t).
• Tracked Tower Cranes (Crawler) Rental of crawler-mounted tower cranes including Terex Demag CC 2500/1 (500t capacity) and CC 2800/1 (600t capacity) with extended boom reaches up to 128m.
• Tracked Hydraulic Cranes Rental of tracked hydraulic cranes including Sennebogen 643 R with 40 ton capacity and 30m basic arm.
• General Construction Services Comprehensive construction services including residential, office, public buildings, industrial facilities, reconstruction, repairs, and room adaptations. Covers logic networks, server rooms, power supply systems, fire suppression, access control, and monitoring systems.
• Energy Construction Services Electrical construction services including cable lines, overhead power lines, optical fiber cable runs, power substation construction and modernization, electrical installations, and guaranteed power supply systems (generators, UPS).
• Telecommunications Construction Services Comprehensive telecommunications facility construction including tower structures (steel, pretensioned concrete), base stations, expansions, repairs, antenna systems installation (GSM/UMTS/LTE/WIMAX), WLAN, fiber optic, and BTS installations.
• Wind Farm Construction Services Comprehensive wind farm construction as General Contractor or component contractor, including geodetic support, excavation, foundation, road works, electrical installations, oversized turbine component shipping, hoisting, vertical assembly, and construction site preparation. Incorporates proprietary '2 turbines in 72 hours' technology.
• Engineering and Design Services Multi-disciplinary construction and execution design services for residential, public, and industrial facilities. Includes wind farm designs (geotechnical surveys, turbine foundations, infrastructure), telecommunications facility designs, and pretensioned concrete structures (fire lookout towers, lighting towers, advertisement pylons, monitoring towers).
• Oversized Load Transport Services Specialized transport services for oversized and heavy loads, complementing crane rental operations. Key competitive advantage used in construction and other industries where standard transport is insufficient.
• Prefabricated Concrete Products Pretensioned concrete and reinforced concrete products including masts for energy, telecommunications, and advertising industries, electrical pylons, and reinforced concrete containers, manufactured by subsidiary Gastel Prefabrykacja S.A.
• Used Crane Sales Sale of used cranes from the company's equipment fleet, providing a secondary revenue channel alongside the rental business.

Quantifiable outcome

• 42 wind turbines erected or renovated in 2020
• +3 more outcomes

Named customers15 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

Feature1 record

Partnerships

Six partnerships are on record, tiered core and major.

• Nordex PolskacoreStrategic or Co-development PartnerStrategic partnership for wind turbine installation projects using Herkules' proprietary '2 turbines in 72 hours' technology. Nordex is a major wind turbine manufacturer.
• LiebherrmajorTechnology or IntegrationEquipment supplier providing Liebherr tower cranes, mobile cranes, and tracked cranes for Herkules' rental fleet.
• Grove (Manitowoc)majorTechnology or IntegrationEquipment supplier providing Grove mobile cranes for Herkules' rental fleet.
• Terex DemagmajorTechnology or IntegrationEquipment supplier providing Terex Demag crawler cranes for Herkules' rental fleet.
• PotainmajorTechnology or IntegrationEquipment supplier providing Potain tower cranes for Herkules' rental fleet.
• WolffkranmajorTechnology or IntegrationEquipment supplier providing Wolff tower cranes for Herkules' rental fleet.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Sarens: Belgian-headquartered global heavy lifting and crane rental specialist. Highly comparable to Herkules for large-capacity crawler crane rental, wind-energy assembly, and oversized transport, but operating at a far larger international scale.
• Mammoet: Dutch heavy lifting and transport specialist offering operated crane rental for energy, civil and industrial projects. Closely comparable to Herkules' operated-crane and wind installation model, with similar reliance on flagship crawler and self-propelled fleets.
• Hebetron: Polish crane services provider offering mobile and tower crane rental. Directly comparable domestic competitor sharing the same Polish customer base and end-markets as Herkules.

Broad incumbents

• Loxam: European equipment-rental leader across aerial, power and material-handling equipment. Relevant as a broad-incumbent counterpart to Herkules, particularly for European construction customers seeking full-portfolio rental providers.
• Boels Rental: Leading European equipment rental company offering operated and self-operated crane, aerial and material-handling equipment across multiple countries including Poland. Broadly comparable as a generalist rental competitor rather than a crane pure-play.
• Zeppelin Rental: German equipment-rental operator covering construction machinery, cranes and aerial platforms. Comparable as a full-line rental competitor in Central Europe, particularly for customers running cross-border Polish-German projects.

Regional players

• Mateco: European specialist in crane, work platform and forklift rental with operations in Germany, Poland, the Czech Republic and other Central European markets. Direct competitor in Poland for mobile and crawler crane rental.
• Prangl: Austrian crane, work platform and heavy-haul rental specialist serving Central Europe. Comparable for high-capacity crane rental, operated-crane service model and industrial customer mix.
• AFI Uplift: UK-based crane, aerial work platform and powered access rental specialist with operated-crane services. Comparable for operated-crane economics and customer types (construction, utilities, infrastructure), though primarily serving the UK.
• Riwal: Dutch aerial work platform and telehandler rental group with operations across Europe including Poland. Comparable as a regional rental operator overlapping with Herkules on construction and industrial job sites.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/HerkulesPolska
• LinkedInlinkedin.com/company/herkules-s-a

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

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 Herkules