ZÁÉV Zrt.

What ZÁÉV Zrt. does

ZÁÉV Építőipari Zrt. is a Hungarian private construction general contractor founded in 1949, headquartered in Zalaegerszeg with regional directorates in Budapest and Pécs. The company executes large-scale building projects across eight vertical segments: education, public institutions, monuments/ heritage restoration, sports facilities, tourism, industrial and commercial, residential, and defense/military infrastructure. Core service lines are high-rise construction contracting (magasépítési fővállalkozás) and general construction contracting (generálkivitelezés), supplemented by utility infrastructure construction, geothermal energy system installation, monument restoration, and trading. The company is one of Hungary's two oldest continuously operating construction firms.

The company's revenue is generated through project-based enterprise sales: competitive public procurement bids, direct negotiation with government clients, and consortium partnerships with Hungary's other major construction firms (Magyar Építő, KÉSZ, Market, FÉSZ). Customer mix is dominated by Hungarian central government and state-affiliated institutions — including the Hungarian Defense Force, national sports venues (Puskás Aréna, National Athletic Center, Kaposvár Aréna, Haladás Sportkomplexum), cultural institutions (Néprajzi Múzeum, Nemzeti Táncszínház, Mindszentyneum, Gül Baba Türbe), and universities (Pécsi Tudományegyetem, Nemzeti Közszolgálati Egyetem, Testnevelési Egyetem, Neumann János Egyetem). Notable industrial/commercial clients include Zala ZONE automotive test track and Zalaco production facility. Pricing is project-specific and not publicly disclosed.

Technically, ZÁÉV relies on conventional construction methods with specialization in heritage-sensitive restoration, complex structural engineering, and geothermal energy integration. The company holds a full certification stack (ISO 9001, ISO 14001, ISO 45001, ISO 50001) plus AQAP 2110:2016 NATO quality assurance certification, enabling access to defense contracts. Leadership is led by Chairman Peresztegi Imre (44 years with the company), Chief Engineer Muskovits István, and Production Director Vörös Gábor. The company maintains an in-house workforce pipeline through apprenticeship programs in Zalaegerszeg and Nagykanizsa training 70-100 skilled workers annually. There is no disclosed AI/ML capability, no external funding, and the company operates as a privately held management-led entity with no public parent company.

Name

ZÁÉV Zrt.

Legal name

ZÁÉV Építőipari Zrt.

Website

https://zaev.hu

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

11–50 employees

Short description

ZÁÉV Zrt. is a 75-year-old Hungarian general construction contractor executing large-scale public infrastructure — stadiums, universities, museums, defense complexes, and monument restorations — primarily for the Hungarian government and state institutions, via direct tenders and consortium partnerships with Magyar Építő and KÉSZ.

Ownership category

akta.pro rank

Headquarters

HQ city

Zalaegerszeg

HQ country

Hungary

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. High-rise construction and general contracting: Core revenue stream from high-rise construction (magasépítési fővállalkozás) and general contracting services for complex construction projects including stadiums, museums, universities, and government facilities.
2. Other construction works: Additional construction services including utility infrastructure (közműépítés), monument restoration (műemléki felújítások), geothermal energy construction (geotermikus energiahasznosítás), and trading activities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

ZÁÉV Zrt. is a general construction contractor whose core offering is high-rise building construction and general contracting (generálkivitelezés). Its activities also extend to utility infrastructure construction (közműépítés), monument restoration (műemléki felújítások), geothermal energy system installation (geotermikus energiahasznosítás kivitelezése), and trading. Projects span sports facilities (stadiums, arenas), educational buildings (universities, schools), public institutions (museums, theaters, libraries), industrial and commercial facilities, residential buildings, and tourism complexes across Hungary.

Product overview

ZÁÉV Zrt. is a construction company offering integrated construction services organized around its core general contracting business. The main product is high-rise construction and general construction contracting, supported by specialized services including heritage monument restoration, geothermal energy system installation, and utility infrastructure construction. The company executes projects across multiple categories: sports facilities (stadiums, arenas), educational buildings (universities, schools), public institutions (museums, theaters, libraries), industrial and commercial facilities, residential buildings, and tourism complexes. The portfolio demonstrates expertise in both modern construction and historically sensitive restoration work.

Differentiator

Problem solved

Functional benefit

Products and services

• Magasépítési fővállalkozás és generálkivitelezés (High-rise construction and general contracting) Core general contracting service for high-rise buildings and complex construction projects, covering the full scope from planning to delivery for public, institutional, and commercial clients in Hungary.
• Műemléki felújítások (Monument Restoration)

Named customers15 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core, major and supporting.

• Magyar Építő Zrt.coreStrategic or Co-development PartnerLong-standing consortium partner for major national infrastructure projects including the National Athletic Center (2020-present) and Néprajzi Múzeum (2019-2022). Together these two companies represent Hungary's largest and most established construction firms.
• KÉSZ Építő és Szerelő Zrt.coreStrategic or Co-development PartnerConsortium partner for major defense infrastructure projects including the Várpalota ammunition factory (60 billion HUF investment) and Szolnok military complex. ZÁÉV-KÉSZ consortium recognized as a leading builder of military and defense facilities.
• Market Építő Zrt.coreStrategic or Co-development PartnerConsortium partner for the Citadella (Budapest) renovation project, one of Hungary's most significant monument restoration projects. The Market-ZÁÉV consortium handles structural construction work for the UNESCO World Heritage site.
• FÉSZ (Fertődi Építő és Szolgáltató Zrt.)majorStrategic or Co-development PartnerConsortium partner for the Fertőd Esterházy Palace restoration project, representing Hungary's baroque-rococo architectural heritage. The FÉSZ-ZÁÉV consortium handles restoration work on the largest baroque castle in Hungary.
• Óbuda GroupsupportingImplementation/ SI/ Consulting PartnerProject partner for the Várpalota ammunition factory project, providing construction management and execution services alongside ZÁÉV-KÉSZ consortium.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Skanska AB: Global construction and development group with a Hungarian/Central European presence. Comparable as a broad incumbent in commercial and public building construction, though typically operating in larger urban developments.
• Swietelsky Magyarország Kft. Hungarian subsidiary of Austrian construction group Swietelsky, active across commercial, civil and infrastructure projects. Comparable as a larger, EU-backed incumbent competing for the same Hungarian public tenders with broader geographic reach.
• STRABAG AG: Major European construction group with extensive Hungarian operations. Comparable as a broad incumbent competing for large public infrastructure tenders and offering a wider service portfolio than ZÁÉV.

Direct peers

• Market Építő Zrt. Hungarian general contractor active in commercial, public and heritage construction. Direct peer via the Citadella consortium with ZÁÉV and overlap in monument restoration and large public-building tenders.
• Fertődi Építő és Szolgáltató Zrt. (FÉSZ): Hungarian regional contractor partnered with ZÁÉV on the Esterházy Palace restoration. Comparable in heritage/restoration construction and regional public tenders in western Hungary.
• Bayer Construct: Hungarian construction group active in commercial, industrial and public building projects. Comparable as a domestic general contractor competing for nonresidential tenders with similar capacity to ZÁÉV.
• Magyar Építő Zrt. Hungary's largest domestic general contractor and ZÁÉV's most frequent consortium partner. Directly comparable as a national-scale nonresidential general contractor competing for the same stadium, museum, public-building and defense tenders; the two firms regularly bid jointly.
• KÉSZ Építő és Szerelő Zrt. Major Hungarian construction group with general contracting and MEP capabilities. Directly comparable through repeated consortium work with ZÁÉV on defense infrastructure (Várpalota, Szolnok) and competing for the same large public tenders.
• Óbuda Group: Hungarian construction and project management group that has partnered with ZÁÉV-KÉSZ on the Várpalota ammunition factory. Comparable as a domestic general contractor active in industrial and defense construction.

Regional players

• Pedrano Construction Hungary Kft. Hungarian construction firm focused on public and commercial building projects. Comparable as a regional peer competing in the same nonresidential general contracting market in Hungary, though smaller in scale than ZÁÉV.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCXMJ3P48_UP_GHCB15286Zg
• Facebookfacebook.com/zaevepitoiparizrt
• LinkedInlinkedin.com/company/z%C3%A1%C3%A9v-zrt.
• Instagraminstagram.com/zaevzrt

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 ZÁÉV Zrt.