Mostogradnja ING

What Mostogradnja ING does

Mostogradnja ING is a privately held Serbian infrastructure construction company headquartered in Belgrade that specializes in heavy civil engineering projects, including bridges, tunnels, metro construction, roads, and railway infrastructure. The company holds one of a small number of Serbian licenses authorizing the construction of metro building structures, a regulatory credential that positions it as a primary contractor for underground transit work in Serbia. Its customer base is concentrated almost entirely in the public sector, comprising the Republic of Serbia, the City of Belgrade, and related ministries and state-owned entities, with revenue generated through competitive public tenders and consortium-based project execution.

The company operates a substantial physical asset base of more than 135 units of construction machinery and more than 100 transport vehicles, and has obtained ISO certifications across quality (9001), environment (14001), occupational health and safety (45001), information security (27001), and energy management (50001). Its active and pipeline project portfolio includes the Belgrade Metro Line 1, the New Sava Bridge, infrastructure for the National Football Stadium, and supporting works for EXPO Belgrade 2027. The business model is fundamentally project-based, with revenue tied to multi-year infrastructure contracts carried out either as lead contractor or as a consortium partner alongside firms such as Millennium Team and Power Construction Corporation of China.

Following the February 2025 acquisition of GP Mostogradnja AD Belgrade, Mostogradnja ING's headcount grew from 250+ to 300+ employees, and in June 2025 it signed a €9M+ tunnel boring machine procurement contract with CRCHI to internalize metro tunnel boring capability. The combined effect of acquisition, equipment investment, and mega-project pipeline points to a scaling heavy civil contractor whose growth is anchored in Serbian public infrastructure spending cycles.

Name

Mostogradnja ING

Legal name

Mostogradnja ING

Website

https://mostogradnjaing.rs

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

Mostogradnja ING is a Belgrade-based privately held Serbian construction company specializing in heavy civil infrastructure, including bridges, tunnels, metro, roads, and railways, serving primarily government clients in Serbia through competitive tenders and consortium partnerships.

Ownership category

akta.pro rank

Headquarters

HQ city

Belgrade

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction Contracts: The company generates revenue through project-based construction contracts with government entities. Revenue is derived from executing large-scale infrastructure projects including metro systems, bridges, tunnels, roads, and railway infrastructure. Projects are secured through competitive bidding and consortium arrangements.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Mostogradnja ING is a Serbian infrastructure construction company specializing in engineering structures (bridges, tunnels, metro building structures) and civil engineering (roads, parking, railway infrastructure). The company holds one of few Serbian licenses for metro construction and operates 135+ units of modern machinery to execute large-scale government infrastructure projects through consortium partnerships, primarily with Millennium Team.

Product overview

Mostogradnja ING is a construction company offering specialized infrastructure services organized into two main categories: Engineering Structures (bridges, tunnels, metro building structures) and Civil Engineering (roads, parking lots, railway infrastructure). The company holds rare licenses for metro construction in Serbia and operates through consortium partnerships. The portfolio includes major infrastructure projects: Belgrade Metro Line 1, New Sava Bridge, National Football Stadium infrastructure, EXPO Belgrade 2027, and road bypasses. In 2025, the company acquired GP Mostogradnja AD Belgrade to expand capacity.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering Structures (Bridges, Tunnels, Metro) Construction of bridges, tunnels, and metro building structures for government clients. Includes specialized TBM tunnel excavation for metro construction. Mostogradnja ING is one of few companies in Serbia licensed for metro building structures execution.
• Civil Engineering (Roads, Parking, Railway) Construction of roads, parking lots, and railway infrastructure including state roads, interchanges, and public railway connections for government and municipal clients.
• Belgrade Metro Line 1 - Phase 1 First phase construction of Belgrade Metro Line 1 including 15 metro stations, 10 ventilation shafts, surface stations at Makiš and Železnik, underground stations, TBM tunnel section (Bele vode - Sajam), and contractor camp construction. Executed in consortium with Millennium Team.
• New Bridge Over Sava River Construction of new bridge (420m length, 38.1m width) replacing Old Sava Bridge, featuring two traffic lanes per direction, bicycle paths, pedestrian paths, and central tram track. Steel structure weighing 6,700 tons with asymmetrical arches.
• Bypass Around Gornji Milanovac Road bypass project divided into LOT 1 (4.78 km new construction) and LOT 2 (4.70 km reconstruction), connecting Ibar Highway to Miloš Veliki motorway with 4 bridges, 2 roundabouts, and 1 grade-separated interchange. Project valued at over €30 million.
• National Football Stadium Infrastructure Construction of linear infrastructure including roads (7.3 km), underground utilities, bridges, drainage systems, water supply, gas pipeline, electrical and telecommunication installations for the National Football Stadium area in Surčin, Belgrade.
• EXPO Beograd 2027 Infrastructure Preparatory works for construction of fair complex buildings at spatial entity E1 for EXPO Belgrade 2027, including parking lots and related infrastructure along E75 highway.
• Metro Depot Works at Makiš Field Earthworks and embankment construction at Makiško Polje zone for planned metro depot up to elevation 74m, including reinforced concrete stormwater collectors.
• Sava Panorama Observation Post

Quantifiable outcome

• Completion of bypass separating transit traffic from local traffic, improving regional connectivity
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• China Railway Construction Heavy Industry Corporation (CRCHI)coreTechnology or Integration · 1 June 2025Chinese manufacturer of Tunnel Boring Machine (TBM) procured for Belgrade Metro construction. Contract valued at over nine million euros signed in June 2025 for TBM with 9.6m excavation diameter, 100m length, and 1,500 tons weight.
• GP Mostogradnja AD BelgradecoreStrategic or Co-development Partner · 25 December 2024Acquisition completed in February 2025 after Mostogradnja ING submitted the best bid at public auction on December 25, 2024. The acquisition preserved the tradition of one of Serbia's most renowned construction names. Assets include facilities in Batajnica, Novi Beograd, and administrative building in Vlajkovićeva Street.
• Millennium TeamcoreStrategic or Co-development PartnerConsortium partner for major infrastructure projects including Belgrade Metro Line 1, New Sava Bridge construction and demolition of Old Sava Bridge, Bypass Around Gornji Milanovac, and Metro Construction Works at Makiš Field. The consortium enables combined capabilities and resources for technically demanding projects.
• Power Construction Corporation of ChinacoreStrategic or Co-development PartnerChinese company responsible for steel structure installation on the New Sava Bridge project. The company serves as the project leader while Mostogradnja ING-Millennium Team consortium handles foundation and concrete construction.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Terna S.A. Greece-headquartered construction group active in Balkans infrastructure (roads, bridges, ports, and buildings). Comparable as a regional Southeast European contractor competing for transportation and civil infrastructure projects in adjacent markets.

Broad incumbents

• Webuild (formerly Salini Impregilo): Italian-headquartered global infrastructure specialist in bridges, tunnels, metro, and rail. Highly comparable to Mostogradnja ING in its core competencies (TBM-driven metro tunneling, large-span bridges, complex urban infrastructure).
• Bouygues Construction: French-headquartered global construction firm active in transportation infrastructure, tunnels, and civil works. Comparable as a broad-incumbent capable of bidding on large-scale public infrastructure projects in Europe including the Balkans.
• Strabag: Austrian-headquartered global construction services group with extensive Serbian and Western Balkans operations in transportation infrastructure (highways, bridges, tunnels). Competes with Mostogradnja ING for large-scale government infrastructure contracts in the same geography.
• Bechtel: U.S.-headquartered global engineering, procurement, and construction firm with a long-standing Balkans presence (highway and rail infrastructure in the region). Comparable as a mega-project contractor capable of bidding on Serbian flagship infrastructure.
• VINCI Construction: French-headquartered global construction division with significant Balkans footprint through local subsidiaries. Comparable as a broad-incumbent competitor in transportation infrastructure, bridges, and civil engineering across the same regional markets.

Direct peers

• Energoprojekt: Long-established Belgrade-based engineering and construction group operating across infrastructure, energy, and civil works in Serbia and the Balkans. Directly comparable as a Serbian-headquartered firm competing for similar public-sector infrastructure contracts.
• Millennium Team: Serbian infrastructure construction company and Mostogradnja ING's primary consortium partner. Co-bidding on the same government mega-projects (Belgrade Metro Line 1, New Sava Bridge, Bypass Gornji Milanovac) with overlapping service lines in bridges, roads, and metro structures.

Others

• Power Construction Corporation of China (PowerChina): Chinese state-owned infrastructure contractor and Mostogradnja ING's consortium partner on the New Sava Bridge. Comparable as a global player capable of delivering complex transportation infrastructure including bridges, metro, and urban development projects.
• China Railway Construction Corporation (CRCC): Parent group of CRCHI, Mostogradnja ING's TBM supplier, and one of the world's largest state-owned infrastructure contractors. Highly comparable as a global builder of metro, rail, and bridge infrastructure with strong Balkans/Western Balkans project presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 Mostogradnja ING