Hungary Building Tenders

The construction industry in Hungary is a significant sector of the economy, contributing approximately 5% to the country's GDP. In 2022, the market was valued at HUF 6,650 billion (US$19.5 billion). The industry is expected to experience moderate growth in the coming years, with a projected CAGR of 1.5% from 2024 to 2027. This growth will be driven by factors such as infrastructure investment, EU funding, and increasing demand for residential and commercial properties.

Hungary Building Government Procurement
The Hungarian government is a major procurer of construction products and services. In 2021, the government spent HUF 1,200 billion (US$3.5 billion) on construction procurement. The government is committed to sustainable procurement practices and is promoting the use of energy-efficient and environmentally friendly construction products.

The main building products and services procured by the Hungary:
Precast concrete panels
bricks
wood-based building materials
insulation materials
windows and doors with high thermal insulation.
Design and build services
project management
construction waste management
BIM (Building Information Modeling) services
prefabrication services.

Top Authorities for Hungary Building Procurement
The Ministry of Innovation and Technology (ITM) is the lead authority for construction procurement in Hungary. Other key authorities include the Ministry of Interior (BMI), the Ministry of Finance (PM), and the Ministry of Agriculture (FM).

Top Winners of Hungary Building Procurement
The top winners of construction procurement contracts in Hungary are a mix of local and international construction companies. The top 10 companies account for over 50% of the total value of procurement contracts. The top winners include Strabag AG, WIG20 Group, Épszer & Társa Ltd., PORR AG, and WEG Hungary Kft.


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