Development of KÉSZ Group's economic activity in the Serbian Republic
Supporter's name: HEPA Magyar Exportfejlesztési Ügynökség Zrt.
Name of the competition: West Balkan Investment Framework
Project's title: Development of Kész Group's economic activity in the Serbian Republic Contracted support: HUF 148,587,404
Introduction of the project content:
KÉSZ Group is one of the largest construction companies in Hungary. Its successful international expansion, market independence and sector-shaping role distinguish it from its domestic competitors. KÉSZ Group aims to become one of the leading companies in the Central and Eastern European region and, as a Hungarian group, to achieve ever greater international success. Based on its achievements in export markets, it is one of the first companies to participate in the Priority Exporter Partnership Programme initiated by the Ministry of Foreign Affairs and Trade.
The Western Balkans region, where KÉSZ Group has been present for several years through its Serbian subsidiary, will play a key role in achieving the international goals set.
In order to be able to seize the opportunities offered by the current environment, KÉSZ Group is planning a complex development of its Serbian subsidiary K.E.SZ. INTERNATIONAL D.o.o. (hereinafter referred to as KÉSZ Serbia). Within the framework of this project, KÉSZ Serbia plans to develop its engineering capacity in terms of quality and quantity, as well as to develop a new service, the steel structure installation activity.
The necessary hardware and software tools for the engineering services plan have been purchased.
On the other hand, as a new service, the project has included the purchase of machinery for the construction works, such as mobile elevating work platform, telescopic handlers and other machinery.
The implementation of the project started on 12 October 2020, starting with the development of engineering capacity.
The project has been successfully implemented until 11 October 2024, as a result of which the economic activity of KÉSZ Group will continue to grow in the Republic of Serbia.