GP KRK d.d.

What GP KRK d.d. does

GP KRK d.d. (legal name: GRAĐEVINARSTVO I PROIZVODNJA KRK dioničko društvo) is a Croatian vertically integrated civil engineering and construction materials company headquartered in Krk, operating since its founding in 1956. The company combines in-house production of construction materials — stone aggregates from three quarries (Garica, Tresni Breg, Fužinski Benkovac), bituminous mixtures from two asphalt bases (Garica, Marišćina), concrete from four batching plants (Krk, Kukuljanovo), and prefabricated reinforced concrete elements — with full-service construction execution covering roads, highways, interchanges, bridges, water and wastewater infrastructure, ports, public buildings, commercial developments, and sports facilities. It supports these operations with four quality control laboratories, a reinforcement processing workshop (15–20 tonnes/day capacity), a construction waste recycling yard, and a fleet of 249 machines and 246 vehicles. Group headcount stands at 808 employees across the parent and subsidiaries.

GP KRK generates revenue through three principal streams: project-based construction contracts (roads, highways, ports, public buildings, water infrastructure) won via public tenders and direct negotiation with public and private clients; wholesale and retail sale of construction materials (its own production plus complementary building products) through the Centar Gradnje Krk retail outlet and the GP KRK Trgovina d.o.o. subsidiary; and proprietary real estate development through See-MAR Residence d.o.o. and Martinkovac Gradnja d.o.o. Pricing is quote-based and project-specific rather than list-priced. Customer mix is dominated by Croatian public sector entities — including KD Vodovod i kanalizacija, Hrvatske ceste, Hrvatske autoceste, Lučka uprava Rijeka, Klinički bolnički centar Rijeka, and LNG Hrvatska — alongside private enterprise clients such as SPAR Hrvatska, Kaufland Hrvatska, and Jadran-Galenski Laboratorij. Geographic footprint spans Croatia (with regional concentration in Kvarner, Istria, and Lika-Senj County) and Slovenia (via a Ljubljana branch).

The company is a Croatian public limited company (dioničko društvo) with €5,446,998 subscribed capital and 78,942 shares at €69 nominal value. It is privately held, with no disclosed parent company, and emerged from employee-led privatization of GRO Krk in 1993. Its group structure comprises wholly owned operating subsidiaries GP Rijeka d.d. (49 employees, regional contracting arm established 2002), KFB d.d. (27 employees, quarrying), GP KRK Trgovina d.o.o. (building materials retail/wholesale), Rijeka Structura d.o.o. (5 employees, specialized precast design office, established 2008), and a Slovenian branch. Management consists of Sanjin Purić (Predsjednik Uprave / CEO), Tihomir Ranđelović (Član Uprave / Board Member), and Josip Gršković (Predsjednik Nadzornog odbora / Chairman of Supervisory Board). Certifications include ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 50001:2018.

Name

GP KRK d.d.

Legal name

GRAĐEVINARSTVO I PROIZVODNJA KRK dioničko društvo

Website

https://gp-krk.hr

Company type

Public

Founded year

1956

Operating status

Operating

Headcount range

51–100 employees

Short description

GP KRK d.d. is a vertically integrated Croatian construction and construction materials company (founded 1956, headquartered in Krk) that executes civil engineering, road, port, and building projects while producing stone aggregates, asphalt, concrete, and precast elements for the regional market.

Ownership category

akta.pro rank

Product category

Civil Engineering and Construction Services

NAICS

Nonresidential Building Construction (2362), Commercial and Institutional Building Construction (23622), Water and Sewer Line and Related Structures Construction (23711), Utility System Construction (2371)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), General Bldg Contractors - Nonresidential Bldgs (1540), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Public Works General Contracting (IMAFAAAG)

akta.pro secondary industry

Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Civil engineering construction
• Construction materials production
• Infrastructure project contracting
• Quarrying and aggregates
• Building materials retail

Headquarters

HQ city

Krk

HQ country

Croatia

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Civil Engineering Construction Services: Revenue from large-scale construction projects including roads, highways, bridges, ports, water infrastructure, and public buildings. Projects are won through public tenders and direct contracts with public and private investors. Revenue is project-based, typically one-time per project, though ongoing maintenance contracts may provide recurring revenue.
2. Construction Materials Production and Sales: Production and sale of own construction materials including asphalt mixtures, concrete, stone aggregates, and precast reinforced concrete elements. Materials are sold to external customers as well as used internally for construction projects, creating vertical integration cost advantages.
3. Wholesale and Retail of Building Materials: GP KRK Trgovina d.o.o. operates building materials wholesale and retail through Centar Gradnje Krk, selling building materials, tools, finished products (concrete, asphalt, stone aggregate, concrete products), tiles, sanitary ware, doors, and floor coverings.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

GP KRK d.d. is a vertically integrated civil engineering contractor that delivers large-scale construction projects (roads, highways, bridges, ports, water/wastewater infrastructure, public buildings, and commercial/residential developments) using self-produced construction materials. The company operates 3 quarries, 2 asphalt bases, 4 concrete batching plants, precast reinforced concrete element production, a construction waste recycling facility, and 4 quality control laboratories, and sells materials wholesale/retail through GP KRK Trgovina / Centar Gradnje Krk.

Product overview

GP KRK d.d. is a full-service construction company offering integrated design, manufacturing, and construction capabilities. The company operates as a unified platform combining three manufacturing divisions (stone aggregate, asphalt, and concrete production) with construction services spanning civil engineering, high-rise construction, and maritime infrastructure. The manufacturing operations include three quarries (Garica, Tresni Breg, Fužinski Benkovac), two asphalt bases (Garica, Marišćina), and four concrete plants (Krk, Kukuljanovo), alongside prefabricated concrete element production, a recycling facility, four quality control laboratories, and a reinforcement workshop. Construction services include road/highway/infrastructure construction, building construction (commercial, residential, hotel, sports, educational, religious), and port/marina construction. The subsidiary GP KRK Trgovina operates the Centar gradnje Krk retail network for construction materials. The company also develops its own real estate investments including SeeMAR Residence resort and Hotel Progres Krk.

Differentiator

Problem solved

Functional benefit

Brands

• Centar Gradnje Krk: Retail outlet for construction materials and hardware, operating under GP Krk Trgovina d.o.o., featuring showrooms for ceramics, sanitary equipment, doors and floor coverings
• SeeMar Residence

Products and services

• Road and Infrastructure Construction

Quantifiable outcome

• Annual primary energy savings: 861.66 MWh/year (from EU energy efficiency project)
• +5 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Four partnerships are on record, tiered core.

• KD Vodovod i kanalizacija d.o.o.coreStrategic or Co-development Partner · 2 May 2023KD Vodovod i kanalizacija d.o.o. is the investor in the €233.8 million Rijeka Agglomeration Water Infrastructure Improvement project, in which GP KRK is engaged as the contractor. The project is co-financed by the EU (71.33%) and is one of the largest water infrastructure investments in Croatia, covering the cities of Rijeka and Kastav, and municipalities of Viškovo, Jelenje, and Čavle.
• Hrvatske ceste d.o.o.coreStrategic or Co-development PartnerState road management company as investor/contracting authority for national road construction projects including D100, D102, D8 (Rijeka bypass), reconstruction projects, and highway interchange works. A recurring public sector client and partner.
• Lučka uprava RijekacoreStrategic or Co-development PartnerPort Authority of Rijeka as investor for port infrastructure projects including Container Terminal Brajdica extension and multimodal platform development. Long-standing relationship on major maritime infrastructure.
• Rijeka Structura d.o.o.coreTechnology or IntegrationGP KRK's specialized project design office (established 2008) authorized for precast reinforced concrete structure design. Acts as the in-house engineering and design arm for precast construction solutions.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Skanska AB: Sweden-headquartered international construction and project development company with a strong European civil engineering and infrastructure footprint. Comparable as a broader incumbent competing for EU-funded public infrastructure projects.
• Hochtief AG: German-headquartered global construction company (Turner Construction parent) with European civil engineering and infrastructure capabilities. Comparable as a broader incumbent able to compete on large EU-funded tenders in the region.
• Heidelberg Materials AG: German-headquartered global building materials group (cement, aggregates, ready-mixed concrete) with significant operations across Central and Southeast Europe. Comparable as a broader incumbent in the aggregates and concrete production segments where GP KRK operates.
• Strabag SE: Austrian-headquartered, one of Europe's largest construction groups with extensive Croatian operations across roads, bridges, civil engineering, and building construction. Comparable as a broader incumbent competing for the same EU-funded mega-projects in the region.
• CRH plc: Irish-headquartered global leader in building materials (aggregates, cement, asphalt, ready-mix concrete) with extensive Central and Southeast European operations. Comparable as a broader incumbent in the construction-materials and aggregates segments where GP KRK is vertically integrated.
• VINCI Construction: French-headquartered global construction and concessions group with significant Central and Southeast European operations. Comparable as a broader incumbent with the scale and balance sheet to compete for the largest EU-funded public infrastructure tenders in Croatia.

Direct peers

• Dalekovod d.d. Zagreb-listed Croatian infrastructure and energy contractor with strong capabilities in transmission lines, substations, railways, and civil engineering. Comparable as a domestic contractor pursuing EU-funded public infrastructure contracts in Croatia and the wider region.
• Tehnika d.d. Zagreb-based Croatian construction company active in civil engineering, building construction, and infrastructure. Directly comparable as a domestic general contractor competing for public-sector tenders in roads, commercial buildings, and residential projects.
• Zagorje Teznobeton d.d. Croatian construction company combining civil engineering and building construction with production of construction materials (concrete, aggregates). Directly comparable due to its similar vertical integration model spanning materials production and project execution.
• Lavčević d.d. Croatian construction company with operations spanning civil engineering, building construction, and infrastructure projects across Dalmatia and broader Croatia. Directly comparable as a domestic mid-large general contractor competing for similar public tenders and private commercial work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gp-krk

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries7 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 GP KRK d.d.