Masterbuild
MasterBuild is a privately-owned Romanian general contractor and specialized construction firm founded in 2005, delivering turnkey commercial, industrial, logistics, and institutional projects across Romania, CEE, Africa, and Asia.
- Company typePrivate
- Founded2005
- HeadquartersBucharest, Romania
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Masterbuild does
MasterBuild is a privately-owned Romanian general contractor and specialized construction firm founded in 2005 and headquartered in Bucharest, Romania. The company originated from a local steel production factory and evolved into a full-service construction platform covering pre-construction consulting, general contracting and project management, special works (steel structures, facades, roofing systems, temperature-controlled environments, fire-resistant compartments, clean rooms, and industrial waterproofing/insulation), and post-construction maintenance with up to 10-year guarantees. Operations are conducted under multiple contract forms including open book, design & build, FIDIC, and full turnkey. The company employs BIM, ERP, and project management software technologies and holds ISO 9001:2015, ISO 14001:2015, and OHSAS 18001 certifications, with capability to deliver BREEAM and LEED certified projects.
The company's customer base is exclusively enterprise and institutional, spanning international retail chains (Lidl, Auchan, Kaufland, Carrefour, McDonald's), industrial and logistics developers (CTP, P3, FM Logistic, Delamode, Skanska), FMCG and industrial manufacturers (Honeywell, Danone, Tuborg, Emerson, Webasto, Scania, Delphi), and government/diplomatic clients (US Embassies in Bucharest and Bishkek, NSPA-NATO, ECC Military Base Frankfurt). Geographic reach covers Romania, Central and Eastern Europe, Central Asia, and Africa. Revenue was RON 33.8 million (~EUR 6.9M) in 2020, with the company reporting "stable turnover of over EUR 5 million" over the preceding five years, against a cumulative project portfolio of approximately EUR 500 million.
MasterBuild operates a sales-led go-to-market model, acquiring clients through direct business development, tendering, and procurement processes, with project-based pricing. The company is pursuing vertical and horizontal expansion through the MasterBuild Logistic Park (a Class A controlled-temperature facility with BREEAM target), a separate Energy sub-brand (masterbuildenergy.ro), and entry into aerospace R&D facilities and healthcare construction. Ownership is founder/management-controlled, with Stefan Vayna as Managing Director & CEO, Mirela Harmanescu as Managing Partner, Valentin Raducanu as COO, and Cristina Rasu as CFO.
Masterbuild firmographics
Firmographics- Name
- Masterbuild
- Legal name
- Antrepriza Generală și de Specialitate în Construcții
- Website
- https://masterbuild.ro
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MasterBuild is a privately-owned Romanian general contractor and specialized construction firm founded in 2005, delivering turnkey commercial, industrial, logistics, and institutional projects across Romania, CEE, Africa, and Asia.
- Ownership category
- akta.pro rank
Masterbuild industry classification
Industry- Product category
- General Construction Services
- NAICS
- Nonresidential Building Construction (2362), Foundation, Structure, and Building Exterior Contractors (2381), Architectural, Engineering, and Related Services (5413)
- SIC
- General Bldg Contractors - Nonresidential Bldgs (1540)
- akta.pro primary industry
- Self-Performing General Contractors (IMAFAAAI)
Keywords
Where Masterbuild is headquartered
LocationHeadquarters
- HQ city
- Bucharest
- HQ country
- Romania
- HQ region
- Europe
Offices2 records
Markets served
Masterbuild business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- General Contracting and Construction Management: MASTERBUILD serves as general contractor and construction manager providing financial support and qualified resources to deliver buildings. Services include design, architecture, engineering (PT, DDE, DTAC & MEP), planning, cost control, on-site project management, tender procedures, subcontractor coordination, and full work reception. Operates under open book, design & build, FIDIC, and full turnkey contracts.
- Specialized Construction Works: Specialized contractor services including steel structures, facades, roofing, temperature-controlled rooms, fire-resistant compartments, clean rooms, waterproofing and insulation. Often performed as specialized sub-contractor on projects led by general contractors.
- Pre-Construction Consulting Services: Pre-construction services provided under a separate agreement from the actual construction contract, covering architecture concept and 3D renderings, engineering design, construction masterplan, budgeting and investment optimization, legislation and best practice advisory, land scouting and acquisition, permitting, BREEAM/LEED pre-assessment, and profit generation simulations.
- Post-Construction Maintenance Services: Maintenance services provided on both a guarantee and post-guarantee basis, including functioning permitting, financial guarantees, regular maintenance, roof maintenance, insulated panel repair/replacement, door and strip curtain repair/replacement, installations maintenance, and building audit and prevention measures plans. Offered as call-out service or on a contract basis.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Masterbuild product offering
Product offeringCore offering
MasterBuild is a Romanian general contractor and specialized construction firm delivering full-service construction management, design-build, and turnkey projects for corporate and institutional clients. Core offerings include pre-construction consulting, general contracting and project management under open book, FIDIC and design & build contract forms, and special works such as steel structures, facades, roofing systems, temperature-controlled environments, fire-resistant compartments and clean rooms. The company also operates post-construction maintenance services with up to 10-year guarantees and owns the MasterBuild Logistic Park.
Product overview
Masterbuild is a privately-owned Romanian construction company established in the early 2000s, offering a full-service construction platform with integrated pre-construction, general contracting/project management, special works, and post-construction services. The company operates as both a general contractor and specialized contractor, with particular expertise in core & shell construction, steel structures, facades, and roofing. Its service modules include Pre-Construction Services (planning, design, budgeting, permitting), General Contractor & Project Management (turnkey construction, BIM, LEED/BREEAM), Special Works (steel structures, facades, roofing, coldstores, clean rooms), and Post-Construction Services (maintenance with up to 10-year guarantees). The company also owns and operates the Masterbuild Logistic Park as a flagship controlled-temperature logistics property.
Differentiator
Problem solved
Functional benefit
Products and services
- Pre-Construction Services Planning and analysis service covering architecture concept, 3D renderings, engineering design, construction masterplan, budgeting and investment optimization, legislation and best-practice advisory, land scouting and acquisition, permitting, BREEAM/LEED pre-assessment, and profit generation simulations. Delivered under a separate agreement from the construction contract for corporate and institutional clients.
- General Contractor & Project Management Full-service construction management delivering design, architecture, engineering (PT, DDE, DTAC & MEP), planning, cost control, on-site project management, tender procedures, subcontractor coordination and full work reception. Operates under open book, design & build, FIDIC and full turnkey contracts for corporate and institutional clients across Romania and internationally.
- Special Works Specialized construction services including steel structure production and assembly, facade design-delivery-assembly (sandwich panel, curtain wall, ventilated), roofing systems, cold stores, temperature-controlled environments, firewalls and blast walls, clean rooms, water tanks, recycling plants and pits, earthworks, and rehabilitations and modernizations. Often performed as specialized subcontractor on projects led by other general contractors.
- Post-Construction Services Preventive, predictive and corrective maintenance with up to 10-year guarantees covering functioning permitting, financial guarantees, regular maintenance, roof maintenance, insulated panel repair/replacement, door and strip curtain repair/replacement, installations maintenance, and building audit and prevention measures plans. Offered as call-out service or on a contract basis for corporate and institutional clients.
- MasterBuild Logistic Park Class A controlled-temperature logistic park in Bucharest North (Butimanu, Dambovita) with BREEAM green building certification target, 30,000+ sqm available land for flexible extension, 24/7 security, 5t/sqm floor loading, up to 14m clear height and direct DN1A access. Owned and operated by MasterBuild as a flagship logistics property.
Quantifiable outcome
- Completed 71,500 sqm of retail and commercial spaces in 2022 across 8 projects
- +6 more outcomes
Companies that use Masterbuild
Customer profileNamed customers43 records
Segments6 records
Ideal customer profiles5 records
Masterbuild technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Masterbuild partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- CTP (CTP Invest)coreMASTERBUILD has an ongoing partnership with CTP, the largest local developer of logistic parks in Romania. MASTERBUILD serves as specialized contractor for CTP, delivering complete roofing and facade solutions on CTP's logistic park developments. The partnership includes projects at CTP Logistic Park Sibiu (13,000 sqm facade, roofing, metal structure). MASTERBUILD has presented CTP with the CIJ Awards 2019 for Best Industrial Developer of the Year.
- StrabagminorStrabag is listed as a solid construction partner of MASTERBUILD. Strabag is one of the leading European construction groups.
- SkanskaminorSkanska is listed as a solid construction partner of MASTERBUILD. MASTERBUILD performed metal structure, facades, and technical floors work on Skanska's Green Court office building in Bucharest (5,000 sqm).
- AstaldiminorAstaldi is listed as a solid construction partner of MASTERBUILD. Astaldi is a major Italian construction company.
- BouyguesminorBouygues is listed as a solid construction partner of MASTERBUILD. Bouygues is a major French construction group.
- General LeasingcoreMASTERBUILD has an ongoing partnership with General Leasing for the construction of agricultural equipment showrooms, services, offices and warehouses across multiple Romanian cities (Iasi, Cluj, Draganesti Vlasca, Braila), totaling 27,000 sqm. The partnership has expanded to develop General Leasing's national strategy through building new outlets.
- FM LogisticcoreMASTERBUILD has an ongoing partnership with FM Logistic for the design and build of logistics facilities. Projects include Dragomiresti and Petresti locations totaling 30,000 sqm of core and shell construction.
- Tegola RomaniaminorTegola Romania is listed as a partner of MASTERBUILD. Tegola produces roofing and waterproofing systems. MASTERBUILD works with Tegola to promote and implement their technical solutions.
- DanonecoreMASTERBUILD has an ongoing partnership with Danone Romania for specialized construction works including cold storage rooms, fire walls, safe line, roofing, tunnels, and secondary structure for food industry facilities (20,000 sqm).
- American International ContractorsminorAmerican International Contractors is listed as a solid construction partner of MASTERBUILD.
- Conarg AGminorConarg AG is listed as a solid construction partner of MASTERBUILD. Conarg is a Romanian real estate developer and construction company.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Masterbuild competitors and assessment
Company assessmentBroad incumbents
- Skanska: Swedish-headquartered global construction and real estate developer with significant Romanian operations (e.g., Green Court Bucharest, a MasterBuild project). A broad incumbent competing for premium commercial mandates.
- Bouygues Construction: French-headquartered global construction group operating across building, civil works, and energy. Listed as a MasterBuild partner and competes for large-scale European building tenders overlapping with MasterBuild's footprint.
- Astaldi: Italian-headquartered major construction company with international operations including Romania. A broad incumbent competing on transport infrastructure and large building projects across CEE.
- Strabag: Austria-headquartered, one of Europe's largest construction groups operating across CEE including Romania. Listed as a MasterBuild partner, Strabag competes on large infrastructure and building projects across the same geography.
- Hochtief: Germany-headquartered global construction group with active Romanian operations in commercial building and infrastructure. A broad incumbent competing on enterprise and public tenders across the region.
Direct peers
- Porr AG: Austrian-headquartered construction group with deep CEE and Romanian exposure in building construction and civil engineering — a closely comparable peer for MasterBuild's commercial and industrial building work.
- ACI Cluj: Romanian construction company based in Cluj-Napoca providing general contracting and special works for commercial, industrial, and institutional projects in Romania — a regional peer in the same general contracting category.
- Bog'Art Construction: Romanian general contractor and construction company headquartered in Bucharest, operating across commercial, industrial, and residential segments with a comparable full-service construction platform to MasterBuild.
- Conarg AG: Romanian real estate developer and construction company that delivers general contracting and design-build services across Bucharest and Romania — directly overlapping with MasterBuild's domestic general contracting footprint.
Others
- CTP Invest: Largest industrial/logistics developer in Romania and MasterBuild's largest ongoing client. While primarily a developer (not contractor), CTP directly drives MasterBuild's logistics park project pipeline and is the closest commercial counterpart in the Romanian industrial value chain.
Market position
Strengths5 records
Weaknesses3 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Masterbuild social profiles
Digital presenceMasterbuild compliance and trust
Trust signalCompliance5 records
Masterbuild financial estimates
Financial estimateRevenue estimate
Valuation estimate
Masterbuild leadership team
Management profileNumber of profiles
Profiles5 records
Masterbuild funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Masterbuild M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Masterbuild
What does Masterbuild do?
MasterBuild is a Romanian general contractor and specialized construction firm delivering full-service construction management, design-build, and turnkey projects for corporate and institutional clients. Core offerings include pre-construction consulting, general contracting and project management under open book, FIDIC and design & build contract forms, and special works such as steel structures, facades, roofing systems, temperature-controlled environments, fire-resistant compartments and clean rooms. The company also operates post-construction maintenance services with up to 10-year guarantees and owns the MasterBuild Logistic Park.
Is Masterbuild a public or private company?
Masterbuild is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Masterbuild founded?
Masterbuild was founded in 2005. It employs 51 to 100 people.
Where is Masterbuild based?
Masterbuild is headquartered in Bucharest, Romania, in the Europe region.
How does Masterbuild make money?
Four revenue lines are on record. General Contracting and Construction Management is the primary driver. The others are specialized Construction Works, pre-Construction Consulting Services and post-Construction Maintenance Services.
Who are Masterbuild's main competitors?
Broad incumbents on record are Skanska, Bouygues Construction, Astaldi, Strabag and Hochtief. Direct peers are Porr AG, ACI Cluj, Bog'Art Construction and Conarg AG. CTP Invest is listed as an others.
Does Masterbuild have an API?
No public API is recorded for Masterbuild.
What industry is Masterbuild in?
Masterbuild's product category is General Construction Services. Its primary akta.pro industry code is IMAFAAAI, Self-Performing General Contractors. Its NAICS code is 2362 and its SIC code is 1540.