EURO-ASFALT d.o.o.

What EURO-ASFALT d.o.o. does

EURO-ASFALT d.o.o. is a privately held Bosnian civil engineering and building construction company headquartered in Sarajevo that delivers highways, tunnels, roads, bridges, runways, sports facilities, and high-rise buildings under a full-service contractor model. Its primary clients are national ministries of transport, public motorway companies (JP Autoceste FBiH in Bosnia and Herzegovina, DARS in Slovenia), and government agencies in Montenegro, Albania, and the UAE, with contracts awarded primarily through competitive public tenders, often in consortium with partners such as Strabag AG.

The company is vertically integrated through wholly owned subsidiaries covering asphalt production (BH Asfalt d.o.o., 120 tonnes/hour capacity in Breza), quarrying (Mošćanica, Zenica), design and construction supervision (D-Inženjering d.o.o.; SAC T&C d.o.o.), and international representation (Euro-Asfalt GmbH in Stuttgart; Euro-Asfalt Ljubljana d.o.o.; a branch office in Podgorica). Technical differentiation rests on specialized tunnel construction expertise in the New Austrian Tunneling Method (NATM), demonstrated on the 5,863-meter twin-tube Vijenac Tunnel on Corridor 5c and on the Belquize Tunnel in Albania, alongside an owned fleet of paving, milling, crushing, and tunnelling equipment. The firm holds ISO 9001:2008 and ISO 14001:2004 certifications from DQS GmbH, employs 600+ permanent staff, and maintains an on-site laboratory for materials quality control.

Revenue is generated exclusively through project-based B2B contracts; pricing is determined by tendered contract value rather than unit pricing, and there is no consumer-facing channel. Disclosed contracts include a EUR 56 million Slovenia highway section (April 2016) and a BAM 82 million Montenegro road project (December 2016), with corridor sections historically valued in the tens of millions of euros each. The firm has international representation offices in Germany, Slovenia, and Montenegro to support regional expansion, and operates alongside Strabag AG-led consortiums on large-scale Corridor 5c works in Bosnia and Herzegovina.

Name

EURO-ASFALT d.o.o.

Legal name

EURO-ASFALT d.o.o.

Website

https://euro-asfalt.ba

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

EURO-ASFALT d.o.o. is a privately held Bosnian civil engineering and construction contractor that delivers highways, tunnels, roads, and high-rise buildings for government clients across Bosnia and Herzegovina, Slovenia, Montenegro, Albania, and the UAE through competitive public tenders and consortium arrangements.

Ownership category

akta.pro rank

Product category

Highway and Civil Engineering Construction

NAICS

Site Preparation Contractors (23891), Other Heavy and Civil Engineering Construction (237990)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Construction Equipment Vehicle Manufacturing (Earthmoving/Loaders/Excavators/Dozers) (IMACAFAA)

Keywords

• Road construction
• Tunnel construction
• Civil engineering
• Highway infrastructure
• Asphalt production

Headquarters

HQ city

Sarajevo

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction Contracts: Primary revenue stream from construction contracts for highways, tunnels, urban roads, bridges, runways, sports facilities, and building construction/reconstruction. Revenue is project-based, one-time per contract, generated through competitive public tenders. Major projects include Corridor 5c highway sections (worth tens of millions of EUR per contract) and tunnel construction.
2. Material Production (Asphalt and Aggregates): Revenue from own asphalt production (BH Asfalt subsidiary, Breza) and quarry operations (Moščanica, Zenica) supplying construction materials for both own projects and potentially external clients.
3. Engineering, Design, and Consulting Services: D-Inženjering subsidiary provides engineering design, construction supervision, cost estimation, and consulting services, both as part of Euro-Asfalt projects and to external clients.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

EURO-ASFALT d.o.o. is a full-service construction and civil engineering contractor delivering road and highway construction, tunnel construction, civil engineering works (bridges, runways, sports facilities), and high-rise construction and reconstruction. The company vertically integrates asphalt and aggregate production (BH Asfalt subsidiary), quarry operations (Mošćanica), quality control laboratories, engineering and design services (D-Inženjering subsidiary), and a large owned equipment fleet, enabling turn-key delivery for government and institutional clients.

Product overview

EURO-ASFALT d.o.o. is a full-service construction and civil engineering company offering integrated services across all branches of construction. The company operates as a unified portfolio of services rather than a platform-plus-modules architecture. The core offerings include Road Construction, Tunnel Construction, Civil Engineering, High-Rise Construction and Reconstruction, Asphalt Plant/Quarries/Laboratory, Engineering and Design Services, and Cutting-Edge Equipment Fleet. These services are designed to work together as a 'full service' offering, allowing the company to serve clients from project conception through execution using their own resources, materials, and equipment.

Differentiator

Problem solved

Functional benefit

Products and services

• Road Construction

Quantifiable outcome

• Completed Belquize Tunnel in Albania in 9 months vs. contracted 15-month timeline, delighting investors.
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Strabag AG (Austria)coreStrategic or Co-development PartnerEuro-Asfalt has partnered with Austrian construction giant Strabag AG in consortium for multiple Corridor 5c projects in Bosnia and Herzegovina, including the Klopče-Pečuj section. This consortium enables access to large-scale infrastructure projects requiring combined technical capabilities.
• DARS (Družba za avtoceste Republike Slovenije)coreStrategic or Co-development PartnerSlovenian motorway company that awards highway construction contracts. Euro-Asfalt signed its first contract in Slovenia in August 2015 (Draženci-Gruškovje subsection) and subsequent contracts for Phase II of the same highway section. The relationship is central to Euro-Asfalt's international expansion strategy.
• MARCO Trading & Contracting Company (Qatar)minorStrategic or Co-development PartnerEuro-Asfalt representatives visited Qatar and formed a Joint Venture company with MARCO Trading & Contracting Company (established 1976). This partnership opened doors to the Qatari market and represents international expansion through local partnerships.
• Jata (Srebrenik, BiH)minorStrategic or Co-development PartnerBosnian construction company that partnered with Euro-Asfalt in consortium for the Main Urban Thoroughfare project in Zenica, alongside Almy-Transport (Zenica), Deling (Tuzla), and GP Put / GP Sarajevo.
• Almy-Transport (Zenica, BiH)minorStrategic or Co-development PartnerBosnian construction company partnered in consortium with Euro-Asfalt for the Main Urban Thoroughfare in Zenica.
• GP Put and GP Sarajevo (BiH)minorStrategic or Co-development PartnerBosnian construction companies that partnered with Euro-Asfalt in consortium for the Main Urban Thoroughfare in Zenica.
• ŽGP Sarajevo (BiH)minorStrategic or Co-development PartnerBosnian construction company that partnered with Euro-Asfalt in consortium for the Sarajevo Bypass (Sarajevska obilaznica) project — Lots 2A and 2B.
• Government of Montenegro / Ministry of Transport and Maritime AffairscoreStrategic or Co-development PartnerEuro-Asfalt was awarded the BAM 82 million contract for the Kolašin-Berane road reconstruction and construction (December 2016) through international tender. This represents a major international contract and market entry in Montenegro.
• Isotech GmbH, Schweiger GmbH, Fritz GmbH, Gebruder Schneller GmbH, Scholz Bedachung GmbH, Brendl GmbHminorChannel Partner/ Reseller/ DistributorGerman construction and specialist companies that are partners of Euro-Asfalt GmbH in the German market. These partnerships enable Euro-Asfalt to maintain a presence in the German construction market through collaboration with established local firms.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Bechtel Corporation: Global engineering, procurement, and construction major with significant SEE infrastructure presence (e.g., Corridor 10/X motorway projects). Competes on large transit infrastructure tenders but operates across a much broader portfolio than Euro-Asfalt.
• Skanska AB: Swedish-headquartered construction and project development group with European-wide civil engineering operations. Comparable in road, bridge, and tunnel execution; competes on EU-funded infrastructure but with a broader geographic and segment mix.
• Colas Group: Bouygues subsidiary specialized in road construction and asphalt production across Europe. Comparable to Euro-Asfalt's road-building and asphalt plant activities; operates at a much larger scale and across many more geographies.
• HOCHTIEF AG: German-headquartered international construction group with active SEE projects, particularly in tunneling and complex civil works. Competes on large infrastructure tenders but operates globally and is much larger than Euro-Asfalt.
• VINCI Construction: Global construction and concessions group with extensive European highway and tunneling activity. Overlaps with Euro-Asfalt on SEE motorway and tunnel tenders but offers a far wider service portfolio including concessions and PPPs.

Direct peers

• Cengiz İnşaat: Turkish construction major active across SEE and the Balkans on highway, tunnel, and airport projects. Competes with Euro-Asfalt for similar transit-corridor tenders and operates with comparable integrated civil engineering capabilities.
• Strabag AG: One of Europe's largest construction groups and a direct competitor in SEE highways/tunnels. Strabag is both a Euro-Asfalt consortium partner (Corridor 5c) and a competing bidder for the same tenders, making it the closest comparable in scale, scope, and target market.

Regional players

• Tehnika dd Sarajevo: Bosnian civil engineering and high-rise construction firm with overlapping services in building construction and infrastructure. Comparable as a regional BiH contractor but with a smaller tunneling and international footprint than Euro-Asfalt.
• Integral Inženjering a.d. Bosnian construction company competing with Euro-Asfalt on Corridor 5c and other BiH infrastructure tenders. Directly comparable in services and home market but smaller in international reach.

Emerging players

• Trevi Group: Italian specialty contractor focused on foundations, soil stabilization, and tunneling. Comparable to Euro-Asfalt on NATM-style tunneling and complex geotechnical work in SEE-adjacent markets; smaller in scope and more narrowly specialized.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Euro_Asfalt
• Facebookfacebook.com/EuroAsfalt
• LinkedInlinkedin.com/company/euro-asfalt

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 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 EURO-ASFALT d.o.o.