- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Mor Hungary
- IPO Date
- Dec 4, 2018
- Business
- MEGAKRAN Plc. (Megakrán Nyrt.) is a Hungary-based industrial engineering services provider specializing in heavy lifting technology, specialized machinery relocation, crane rental, and turn-key equipment installation solutions. Founded in 1994 and headquartered in Mór, Hungary, with operational hubs in Budapest and Székesfehérvár, the company provides comprehensive industrial services across Hungary and the wider Central and Eastern European region, catering to clients in the automotive, electronics, chemical, pharmaceutical, food processing, renewable energy, and heavy construction sectors. The company operates through a comprehensive portfolio of core service offerings: heavy mobile crane services, operating a modern fleet of all-terrain and truck-mounted telescopic cranes with lifting capacities of up to 450 metric tons for infrastructure projects, prefabricated structure assembly, and large-scale industrial installations; turn-key machine installation and plant relocation, encompassing the dismantling, transport, precision positioning, leveling, and commissioning of entire production lines and complex industrial machinery; specialized indoor and confined-space lifting solutions, utilizing specialized Enerpac hydraulic gantry systems, zero-emission electric mobile cranes, compact pick-and-carry cranes, and non-marking lifting platforms engineered for cleanroom and constrained manufacturing environments; equipment rental services, providing lifting gear, aerial platforms, and heavy-duty machinery on both operated and bare-rental bases; and lifting engineering consultancy, providing computer-aided lift planning, technical feasibility assessments, route survey coordination, and statutory safety inspections. In recent major corporate developments, MEGAKRAN completed its up-listing from the Xtend growth market to the Standard market segment of the Budapest Stock Exchange (BSE: MEGAKRAN) following a strategic capital increase and partnership with Hungarian construction conglomerate KÉSZ Group (KÉSZ Holding Zrt.), which secured an approximate 20% equity stake to drive integrated project execution and regional market expansion. The company has also expanded and decarbonized its operational fleet through the addition of heavy electric-powered lifting units and advanced hydraulic gantries to service expanding electric vehicle and battery manufacturing plants across Hungary, while implementing reorganized operational efficiency and cost-containment measures to manage shifting macroeconomic conditions and supply-chain demands.