HERING d.d.

What HERING d.d. does

HERING d.d. is a privately held Bosnian-Herzegovinian joint-stock construction company headquartered in Široki Brijeg, founded in 1995 and incorporated as a d.d. (joint-stock company) in December 2006. It executes civil engineering projects — primarily bridges, tunnels, highways, and now wastewater and waste-management facilities — for public-sector clients in Bosnia and Herzegovina and, increasingly, in Croatia and North Macedonia.

HERING's core technical competencies are free cantilever bridge construction, New Austrian Tunneling Method (NATM) excavation, pre-stressing, and specialist grouting. These capabilities are demonstrated on signature projects including the 945-meter, 100-meter-high Počitelj Bridge and the Svilaj Bridge on the EU-backed Corridor Vc motorway, as well as the Kvanj-Buna and Vranduk-Ponirak tunnels. The company's equipment base of 85+ machines and engineering headcount of approximately 50 underpin delivery. In 2019 HERING became the first construction company in BiH to obtain the Industrial Security Certificate, extending its addressable market into security-classified projects.

The firm operates an EPC/general-contracting model, primarily as a consortium partner with international contractors (Bouygues Travaux Publics, CRBC, Sinohydro, Azvirt, WTE Wassertechnik, Hering International). Contracts are fixed-price, multi-year public tenders financed mainly by EU pre-accession funds, EBRD, and domestic road authorities led by JP Autoceste FBIH. Revenue is generated through milestone-based progress payments on these tenders; HERING bears no subscription or platform-style revenue exposure. Geographic expansion is underway through a Croatian branch in Ploče and entry into environmental infrastructure via the Babina gora waste and Stupe wastewater contracts.

Name

HERING d.d.

Legal name

HERING d.d. Široki Brijeg

Website

https://hering.ba

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

HERING d.d. is a Bosnian-Herzegovinian civil engineering contractor headquartered in Siroki Brijeg, specializing in bridges, tunnels, highways, and increasingly wastewater and waste-management infrastructure for public-sector clients across BiH, Croatia, and North Macedonia.

Ownership category

akta.pro rank

Product category

Civil Engineering and Infrastructure Construction

NAICS

Heavy and Civil Engineering Construction (237), Utility System Construction (2371), Other Heavy and Civil Engineering Construction (237990)

SIC

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

akta.pro primary industry

Construction Program Management (Multi-site/Portfolio) (IMAFAAAF)

Keywords

• Civil engineering construction
• Highway infrastructure construction
• Bridge construction services
• Tunnel construction services
• Municipal infrastructure projects

Headquarters

HQ city

Široki Brijeg

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction Projects: Primary revenue stream from construction contracts for highways, bridges, tunnels, and civil engineering works. Revenue generated through public procurement tenders, consortium arrangements, and direct contracts with government entities. Projects include motorway sections, international bridges, tunnels, and municipal infrastructure.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

HERING d.d. is a civil engineering and construction company that delivers infrastructure projects for government clients, including highway/motorway sections (notably Corridor Vc), major bridges (Počitelj Bridge, Svilaj Bridge), tunnels built with NATM and free cantilever methods, wastewater treatment plants, waste management centers, irrigation systems, and public buildings. The company provides turnkey construction services from project documentation and design through to execution and supervision, operating primarily as prime contractor and consortium member on public procurement contracts financed by EBRD, World Bank, EU funds, and OPEC.

Product overview

HERING d.d. is a construction and civil engineering company offering integrated infrastructure development services. The company's core portfolio includes highway/motorway construction (particularly Corridor Vc projects), major bridge construction (Počitelj Bridge, Svilaj Bridge), tunnel construction using NATM and cantilever methods, and specialized infrastructure including wastewater treatment plants, waste management centers, and irrigation systems. Secondary services encompass road rehabilitation, commercial building construction, and public facility projects. The company operates primarily in Bosnia and Herzegovina and Croatia, serving government clients on large-scale infrastructure projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Highway/Motorway Construction Construction of highways and motorways including Corridor Vc sections, with integrated tunnel and bridge construction as part of large-scale infrastructure projects for government clients in BiH and Croatia.
• Bridge Construction Construction of major bridges including the Počitelj Bridge (largest on Corridor Vc at 945m length, 100m height) and the Svilaj International Bridge over the Sava River (660m), built using free cantilever construction and pre-stressed reinforced concrete box-section methods for highway and international crossings.
• Tunnel Construction

Quantifiable outcome

• 760+ projects completed since 1995
• +1 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• WTE Wassertechnik GmbH (Germany)coreStrategic or Co-development Partner · 19 November 2024Joint venture partner with HERING for wastewater treatment plant Stupe project (79.2M EUR) in Split, Croatia. WTE leads the joint venture while HERING provides construction expertise.
• China Road and Bridge Corporation (CRBC)coreStrategic or Co-development Partner · 4 October 2024Part of consortium with Azvirt LLC and HERING for Tunnel Kvanj-Buna section (125.2M EUR) on Corridor Vc. CRBC leads the consortium while HERING serves as consortium member for specialized construction works.
• Bouygues Travaux PublicscoreStrategic or Co-development Partner · 7 December 2023Bouygues Travaux Publics engaged HERING as subcontractor for construction of Limska Draga viaduct and Mirna bridge (29.3M EUR) on the Adriatic Highway, section Kanfanar-Medaki. Subcontracting relationship for specialized construction works.
• ELCOM-ENOVA (consortium)coreStrategic or Co-development Partner · 14 November 2022Part of HERING-ELCOM-ENOVA consortium for waste management center Babina gora project (333M KM) in Croatia, co-financed by EU funds (72.34%) and Croatian Environmental Protection and Energy Efficiency Fund.
• GP KRK ddminorStrategic or Co-development Partner · 2 April 2020Joint venture partner for Istrian Ypsilon (A8 highway) construction - 39 concrete structures on Rogovići-Ivoli-Cerovlje-Lupoglav-Vranja sections in Croatia.
• GIS Agua Austria GwbhminorStrategic or Co-development Partner · 7 February 2020Joint venture partner for Nova Gradiška wastewater treatment plant project (41.7M HRK) in Croatia. Part of consortium including HERING and ELMAP.
• Eccon Engineering doo ČapljinaminorStrategic or Co-development Partner · 13 September 2019Joint venture partner for Višićka kaseta irrigation system project (4.1M BAM) in Čapljina, commissioned by Federal Ministry of Agriculture, Water Management and Forestry.
• Sinohydro Corporation Limited & Powerchina Roadbridge Group Co. Ltd.coreStrategic or Co-development Partner · 20 June 2019Consortium partners for Počitelj Bridge construction (28.1M EUR) on Corridor Vc. HERING serves as subcontractor for construction of the largest bridge on Corridor Vc (945m, 100m height).
• Azvirt LLC (Azerbaijan)coreStrategic or Co-development Partner · 15 May 2019Consortium partner for multiple Corridor Vc motorway projects including Vranduk-Ponirak subsection (76.6M EUR contract) and tunnel construction. Long-term strategic partner for infrastructure projects in Bosnia and Herzegovina.
• BBM d.o.o. SarajevominorStrategic or Co-development Partner · 6 September 2018Joint venture partner for Vranduk II tunnel rehabilitation and Bosna IV & V bridge reconstruction (16.8M BAM) under Federation Road Sector Modernization Project.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Strabag SE: Austrian-headquartered European construction major with extensive Southeast European operations. Competes with HERING as prime or consortium lead on larger Corridor Vc and Croatian motorway tenders, with much deeper balance-sheet capacity for mega-projects.
• Bouygues Travaux Publics: French heavy civil engineering arm of Bouygues, active across Europe as prime contractor on motorway and bridge projects. Currently engages HERING as subcontractor on the Adriatic Highway (Limska Draga/Mirna) but competes at the prime-contractor level on similar projects.
• China Road and Bridge Corporation (CRBC): Chinese state-owned international EPC contractor leading consortiums on Corridor Vc (Kvanj-Buna). Both a consortium partner to HERING and a broader competitor for IFI-financed projects across the Western Balkans with much larger scale and balance-sheet capacity.

Direct peers

• Integral Inženjering a.d. Laktaši-based heavy civil contractor in BiH/Serbia with extensive highway and bridge construction experience. Competes directly with HERING for major motorway tenders including Corridor Vc and Adriatic corridor projects, and operates similar consortium/subcontract models with international partners.
• Hidrogradnja d.d. Sarajevo-based construction company active in BiH on water infrastructure, roads, and civil engineering projects. Competes with HERING in the same public-procurement bidding environment and operates in overlapping highway/municipal infrastructure segments.
• Dalekovod d.d. Zagreb-listed Croatian infrastructure contractor active in power line, road, and civil engineering construction. Comparable in scale and Croatian/EU public-procurement bidding, with overlapping competencies in transport infrastructure delivery.
• GP KRK d.d. Croatian construction company that is both a HERING joint-venture partner (Istrian Ypsilon A8 highway) and a regional competitor in bridge and highway construction. Direct peer in Croatian highway and structure construction.
• Viadukt d.d. Zagreb-based Croatian construction company specializing in bridges, viaducts, and motorway construction. Direct competitor in Croatia on Adriatic Highway and Istrian Ypsilon projects where HERING also operates, with similar bridge and heavy civil engineering capabilities.
• Euro-Asfalt d.o.o. Sarajevo-based civil engineering and road construction contractor operating across BiH on highway, bridge, and tunnel projects. Direct regional competitor to HERING on Corridor Vc and similar motorway tenders, with comparable scale and public-procurement focus.

Emerging players

• Azvirt LLC: Azerbaijani construction contractor active in BiH as consortium partner with HERING on multiple Corridor Vc subsections (Vranduk-Ponirak, Kvanj-Buna). Regional peer with comparable capabilities and similar consortium/subcontract strategy in Western Balkan infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/hering
• LinkedInlinkedin.com/company/hering-d-d-
• Instagraminstagram.com/hering

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 HERING d.d.