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The Construction Business is a Matter of Trust

Market Építő is known for reliability, quality work, design and competence

Market Építő Plc. that celebrates its 25th anniversary this year has become the leading high-rise construction company in Hungary. The company, which attaches importance to the application of innovative solutions and the comprehensive use of quality, health and safety and energy management systems, also earned the title of ‘Construction Company of the Year’ in 2019.

Market Építő Plc. is the flagship of a group of companies, the general contractor company that controls the operation of the other members of the group and it is also the one that provides the background services like accounting, legal affairs, HR, IT and other such areas.

Photo by Gyula Bartos

Valued employees
The founder and CEO of Market Építő, Sándor Scheer has often emphasized that the characteristic that probably helped make Market Építő a successful company was diligence. Speaking to Diplomacy&Trade, he points out that the work they do must be characterized by diligence and humility. “I believe this is one of our strengths.” He also retained employees even under less favorable economic circumstances so that he would have the human resources to restart after the crisis. “We insist on keeping our employees because they represent a real value for us, the special knowledge and professionalism are very important for the company. This is why I hold on to them now as I did in the past. We continue to build this company together.”
Market Építő as a brand is widely known in Hungary. Sándor Scheer is of the view that “the notions associated in the mind of the public with our company are reliability, quality work, design and competence. In order to build this company and build this brand, we have to be aware of what the public and people in our profession think about us.”

Working in a competitive environment
Another issue often emphasized by the CEO is the importance of competitiveness. “The variety of the work we do requires that we are competitive. Most of the work we do is commissioned by the private sector under very competitive conditions. Multinational companies, real estate developers and institutional investors, who are frequent players in real estate development, are well aware of the going prices. Competition keeps us focused on bringing out our best effort. Beyond that, we continuously examine and analyze our own operation, trying to focus on all elements where we can improve our efficiency, our competitiveness,” the CEO explains.

Photo by Benjámin Bernát

MOL Campus
A fine example of a competitive environment is the new office complex of the Hungarian oil and gas group MOL in Budapest. The constructor of the MOL Campus was selected in an international tender of four rounds, a tender won by Market Építő.
Given MOL’s disciplined and well-structured procurement system, Sándor Scheer believes the decisive factor must have been the price “but I hope that apart from that, it was a point of consideration that every construction project is a matter of trust. Investing in construction is very important for the person or business that commissions this activity, be it headquarters, a factory or even’s someone’s house. For this reason, it is an issue of mutual trust – the client must trust the builder and vice versa. In such projects, the contractor and its client are interdependent on each other.”
There has never been such a tall building in Budapest. However, it is not just the height but there are also other characteristics that make the MOL Campus stand out on the Hungarian office market: automation, corporate governance, building engineering, lighting, fire safety, elevators – these are all unique solutions that have not yet been applied in this country. He also highlights MOL’s professional approach. “We have built hundreds of thousands of square meters of office space but we have never worked on a project where the management of the client company took the whole thing so seriously with the involvement of studies and professionals at such a high level. In preparation for building this office complex, MOL thoroughly screened its operation model, bringing office space and operation to a common denominator. This became the fundamentals of the work we do there,” he adds.

Innovation serves the future
Innovation is important for the development of most companies. From this point of view, Market Építő is a unique firm on the Hungarian office building market. Sándor Scheer highlights that “studying the operation of and structure of foreign construction companies, we found 4-5 years ago that we lack a position that serves the future: that of a development director, an innovation leader, a person whose sole responsibility is how to improve the operation of our firm, how to introduce novelties, how to keep pace with the world in this profession and how not to be constrained by our Hungarian thinking.” Therefore, they created a new department, whose head is ranked as deputy CEO, and earmarked a substantial amount of funding for its operation. “Practically, the task of this area is to continuously modernize our operation and bring innovative ideas into our everyday life. What this means is that our thinking has changed and innovation starts where one begins to think about this and is involved in this day by day. As a result, we now have a subsidiary tasked with pre-fabrication, we are contemplating semi-finished products, we are following all exhibitions that are worth visiting in this profession, which is not easy nowadays under these pandemic conditions, monitoring all innovations and try to include them in our projects. I daresay that we are ahead of our competitors in this respect,” he points out.

Striving for sustainable operation
The company celebrates its 25th anniversary this year. As regards future goals, based on the five-year plan under preparation at Market Építő, the CEO says the emphasis is not on growing but on “making our operation as professional and efficient as possible while keeping an eye on sustainability. By the latter, I mean green ideas, innovation, maintaining the level of remuneration for our colleagues and keeping up the level of operation that I consider healthy and professional.”

Sándor Laczkó

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    #I Bike Budapest #Iain Lindsay #IATA #IATA Travel Pass app #IBM #Iceland #Ide (Leuciscus idus) #Ilan Mor #Ildikó Enyedi #Ildikó Rozsonits #Imants Liegis #Immigration #Implant #imports #Imre Kertész #in-flight entertainment #incentives #income gap #Incoming tourism #Independence Day #India #Indian variant #Industrial export #industrial gas #Industrial output #Industrial performance #Industrial producer prices #Industrial production #Industrial real estate #industry #Industry 4.0 #Industry Days #infection #inflation #Information technology #Infrastructure #ingatlan.com #Iniciál Autóház #injection moulding #inland water #innogy Česká republika a.s. #Innovation #InnovFin #Instant payment #Institute of Advanced Studies Kőszeg (iASK) #Institute of Foreign Affairs and Trade #Insurance #Int'l relations #Intellectual Property #interest rate #interior design #International Air Cargo Association (TIACA) #International Air Transport Association (IATA) #International Association of Sports Journalists (AIPS) #International Atomic Energy Agency - IAEA #International Biodiesel Day #International Chess Federation (FIDE) #International Court of Justice #International Day for the Eradication of Poverty #International Deaf Day #International Federation of Red Cross and Red Crescent Societies (IFRC) #International Labor Organization (ILO) #International Monetary Fund #international passenger satisfaction survey (ASQ) #International ranking #International Schools #International Summer University #International trade #International Transportation Segment #international travel #International Weightlifting Federation (IWF) #International Year of Chemistry 2011 #Internet #Interspar #Interview #Invention #Inventor #Investment #investment market #Investment promotion #Investments #Invitech #IP Multimedia Subsystems #iPad app #Ipsos market research #Iran #Ireland #Irén Márta #Irish Ambassador Ronan Gargan #Israel #István Havas #István Horváth #István Király #István Kocsis #István Tarlós #IT hub #IT industry #IT services #IT Services Hungary #IT solutions #Italian Chamber of Commerce in Hungary (CCiU) #Italy #Ito #Iváncsa #Izaki Masahiro
    #Machinery industry #Madagascar #Madame Tussauds #Mads Sandau-Jensen #Magyar Rádió (Hungarian Radio) #Magyar Suzuki #Magyar Suzuki Corporation #Magyar Telecom #Magyar Telekom #Magyarföld #Mahart Passnave #Maintenance work #Major General Romulusz Ruszin-Szendi #Major League Soccer (MLS) #Maklár #Malay Mishra #Malév Hungarian airlines #Management Report #Mandatory quarantine #Manfred Bey #Mangalica #Manufacture of transport equipment #Manufacturing #Maquette #marathon run #Marcell Rév #March 15 #Maria Assunta Accili Sabbatini #Market Építő #Market share #Marketing #Marketing Talent Award #Markku Virri #Marriott International #Martin Gauss #Martin Kikstein #Márton Fucsovics #mask-wearing #MASTERPLAST #Masterplast Plc. #Mateco-Hungary Ltd. #Matei I. Hoffmann #Mátészalka #Mathematics #Matild Palace #Mátra Hill #Mátraszentistván #Matriculation exam #Matterhorn #Mátyás Dobó #MÁV Hungarian Railways #Maximilian Hell #meat processing #Medal winner #Media #Media law #Media Markt #Mediaworks #medical devices #Medical industry #medical mask #medical testing #Melanoma #Mellow Mood Hotels #Mélykút #Memorial #Memorial walk #Memorial year #Mercedes #Mercedes Benz #Mercedes-Benz Manufacturing Hungary Ltd. #merkel #Merlin Entertainments #messenger RNA (mRNA) #Messer #Metrans #Mexican Embassy in Budapest #Mexico #MFGK Croatia d.o.o. #Michael Ignatieff #Michelin Group #Middle East #Midsummer night #Migration #Mihály Kolodko #Mihály Munkácsy #Mihály Varga #Miklós Radnóti #Mikulás Dzurinda #Military #Millennium generation #mine #Minister of Agriculture István Nagy #Minister of Defense #Minister of Foreign Affairs and Trade #Minister of Human Capacities #ministerial commissioner #Ministry of Human Capacities (EMMI) #Ministry of Innovation and Technology #Ministry of Innovation and Technology (ITM) #Ministry of National Development #Ministry of National Economy #Ministry of the Interior #Minorities #Miroslav Lajèák #Miskolc #Miskolc rally #missiles sales #Mithra Pharmaceuticals #Mitt Romney #MNB Bond Funding for Growth Scheme Program #Mobile base station #mobile broadband #Moderna #modernization #Mogyoród #Mohács #MOL #MOL Group #MOL Hygi #MOL Plc. #Monetary policy #MONO-Ipolyfabric #Monostor Bridge #Monterrey #Moody's #Móric Benyovszky #Mortgage #Motion picture #motoGP #Motorcycle #Motorway #Mountaineering #Movement restrictions #movie #Movie production #Movies #Municipal elections #Municipality #mural #museum #Museum of Fine Arts #Museum of Fine Arts Budapest #Museums #Music #Music in the Forest - Mátra Art Days #MVM Group
    #NABI #Nádasdladány #Nádasdy Mansion #Nagorno-Karabakh #Nagykanizsa #Nagykunsági szilvapálinka #Nancy Pelosi #Nándor Kilián #Nanushka #Napi.hu #Narrow gauge railway #National Ambulance Service (OMSZ) #National Bank of Hungary (MNB) #National census #National Center for Public Health #National Center for Public Health (NNK) #National Council of Wine Communities (HNT) #National day #National day of mourning #National development #National Film Institute (NFI) #national flag #National Food Chain Safety Office (NÉBIH) #National Geographic #national holiday #National Infocommunication Strategy #National Institute of Pharmacy and Nutrition (OGYEI) #National Media and Infocommunications Authority (NMHH) #National Medical Officer Cecília Müller #National Meteorological Service #National Nank of Hungary (MNB) #National Public Service University (NKE) #National Theatre Budapest #NATO #NATPE #natural decease #Natural decrease #natural gas #nature #nature conservation #Nazism #Nemak Győr Alumíniumöntöde Ltd. #Nemesvámos #Nemzeti Vágta (National Gallop) #Nespresso #Nestlé #Nestlé Hungária #Net Zero Advisory Board #net zero emissions target #Netherlands-Hungarian Chamber of Commerce in Budapest (Dutcham) #Netlife Consulting #Netpincér #New coronavirus fatalities #New coronavirus infection #new global economic structure #New Széchenyi Plan #New Zealand #NFL #NGOs #Nicholas Sarkozy #Nick Kós #Niclas Trouvé #Nicolas Sarkozy #Nilfisk #Nine-arch bridge #Nissin Foods #Nizar bin Obeid Madani #NK Celje #Nobel Prize #Nobu restaurant #Noelie Kroes #Noémi Alexa #Noise #Nokia #Non-profit organizations #nop #Nordic countries #Nordic Light Trio #Norway #Nostalgia #nostalgia train #NT Food Producing and Trading Ltd. #Nuclear industry #nuclear power plant #Nuclear power station #Nursing home #Nyírbátor #Nyíregyháza #Nyugati Railway Station
    #Packaging #Packaging industry #PADI #Pákozd #Paks #Paks nuclear power station #Pál Bokor #Pál Schmitt #Pál Szinyei Merse #Palace of Arts #Pandemic fatalities #Pandemic lockdown #Pandemic restrictions #Panna Miklós #PannErgy #Pannon Növényolajgyártó #Pannonhalma Abbey #Pannonia Bio #paper products #Parade #Paris Agreement on climate change #Park Atrium #parking #Pasi Tuominen #PCR test #Peacekeeping #Peacekeeping mission #Peach #Pécs #Pécs 2010 #Pension fund #Pensions #People with disabilities #People’s Bank of China #Perbál #Permanent residency #Persian Gulf #Personal data #Personalized Health Care (PHC) #Peru #Pest #Pest Lloyd Company #PET bottles #PET Cup #Pet food #Péter Balázs #Peter Burkhard #Péter Csermely #Péter Futó #Péter Gulácsi #Péter Kaderják #Péter Módos #Péter Szijjártó #Petrochemical industry #Pfizer‑BioNTech COVID‑19 Vaccine #Pharmaceutical industry #Photograhy #photography #Photojournalism #Pieces of a woman #Pierre Labouviere #Pig farm #Pilisborosjenő #Pine tree #Pizza box #Placido Doming Jr. #Planting trees #plastic #plastic waste #Plaut #Plug-in vehicles #PM Viktor Orbán #Pneupac breathing machine #Poland #Poland EU Presidency #Police #Police raid #Policy Agenda #politics #pontoon #Popular science #popularity #Population #population decrease #pork #Porsche Hungaria #Portugal #postal service #poster exhibition #Poultry industry #poultry processing #poverty #Power of Live Events #power plant #Power station #Powering Past Coal Alliance #Pre-Raphaelite collection #PreBeton Co. Ltd. #Predrag Todorovic #preliminary data #Preparations to Be Together For an Unknown Period of Time #presenting credentials #Presidance #Presidency of the Council of Europe #President #Presidential visit #Prevention #Prices #PriceWaterhouseCoopers #Prime interest rate #Prince Faisal bin Fahad Award #Prince Frédéric von Anhalt #Princess of Asturias Award for Technical and Scientific Research #Printing #Printing industry #Priorities #Priority workers #Private visit #Prize #Producer prices #Production break #Production line #production plant #Productivity #professor Péter Csermely #Profit #Promenade Gardens office building #property market #prosecution #Protection of geographical indication #Protest #Public health service #Public Media Person of the Year Award #Public money #Public service #Public transport #publication #Pulszky Society - Hungarian Museum Association #Pulzus Research #PureTech petrol engine #PwC Hungary
    #R & D #Rába #Rába Plc. #Raben Group #Rabindranath Tagore #Race to Zero campaign #Rachel Weisz #radler #Radoslaw Sikorski #Radován Jelasity #Randstad #Raoul Wallenberg #Rátóti Zoltán #Raúl Alfredo Salazar Cosio #RB Leipzig #Reacty Digital #Reagila #Real estate #real estate barometer #real estate market #Reconstruction #Record #Recruitment #recycling #Red Bull Salzburg #Red mud #red panda #referee #referendum #Refugees #Regional center #Regional cooperation #Réka Bucsi #Relay For Life #Religion #rendering #René Roudaut #René van Hell #renewable energy #Rent #Reorganization #Repatriation #Republic Day #Republic of Estonia #Republic of Korea #Rescue #Research #Research and Development (R&D) #restaurant #Restaurants #Restoration #Restrictions #retail trade #Revenues #Review of Hungarian Photography #Rezsõ Sárdi #Richard Holbrooke #Richter Gedeon Plc. #Rippl-Rónai #River Hernád #River Szamos #River Tisza #road safety #road toll #Robert Bosch Automotive Steering #Robert Bosch Energy and Body Systems #Robert Bosch GmbH #Robert Bosch Power Tool #Robert Capa Contemporary Photography Center #Robert Milders #Roche #Roche Hungary #Roche Services (Europe) Ltd. #Rock music #Roger&Roger #Roland Galharague #Roland Garros #Roma-issue #Római Tennis Academy #Roman Kowalski #Romanesque Hall #Romania #Ronald Mollinger #Rondo Hullámkartongyártó (‘Corrugated Cardboard Manufacturing’) Ltd. #Rossen Tkatchenko #Rostás Árpád #roundabout #Rowing boat #Royal Academy of Arts in London #Royal Traktor Ltd. #Rubik's cube #Rudolf Bedõ #Rui Tavares #rule of law #Rumbach Center #running #Running competition #running race #runway #Runway Run #Russia
    #São Tomé and Príncipe #Saaz (Žatecký) hops #Saber fencing #Sailing #Sales figures #Sali Berisha #Sameer Hamdan #Samsung #Samsung SDI #Samvardhana Motherson Group (SMG) #Samyang Biopharm #Sándor Csányi #Sándor Demján #Sándor Képíró #Sándor Kiss #Sándor Kopátsy #Sándor Kőrösi Csoma #Sándor Pintér #Sándor Scheer #Sándor Zwack #Sang Il Lee #Sangsin Hungary #Sanofi #SAP #Saudi Arabia #Saudi Green Initiative #Scandal #Schneider Electric #Scholarship #School year #Schools #SCHOTT Hungary #Science #scuba diving #second-hand car sales #security issues #Seiren #SEMCORP Group #semiconductor #semiconductors #Semmelweis Prize #Semmelweis University #Semmelweis University of Budapest #Sensirion #Sérgio Eduardo Moreira Lima #Sergio Kuhlmann #Service center #Service sector #services #services & solutions center #sewage water #Shanghai #Shanghai World Expo 2010 #Shaoang Liu #Shaolin Sandor Liu #Shapr 3D #Shared Service Center (SSC) #shares #Shell #Shell Hungary #Shenzen Kedali #shopping #Shopping time slot #short film #Short track speed skating #shortage #show jumping #Siemens #Siemens Mobility #Sika #SIM card holder #Singapore #Singapore Airlines #Siófok #Skanska #Skanska Hungary #Skiing #Skin cancer #Slovakia #Slovenia #Slovenian Tourism Organization (STO) #Sludge #Smartphone application #SME Robotization Barometer #SMEs #Smoke-free future #Snow #Soccer #Social(i)Makers #Society #Society for Freedoms #Solar energy #Solar panels #solar power #solar power generation #Solidarity Club #Solidarity projects #Solution Center Europe #Somoskőújfalu #Son of Saul #Sopron brewery #Sóstó Zoo #South Africa #South Korea #Soviet Union #Space research #Spain #Spanish language #SPAR #Spar Hungary #spare parts #Sparkling wine #Special legal order #special taxes #Spin Master #Sponsorship #Sports #Sports club #SpotData #spring #Stadler #Stalinism #Stan Wawrinka #Start-ups #State Auditing Office #State funding #State of danger #State of emergency #State of the Nation #State Secretary Attila Steiner #State subsidies #state subsidy #Statistical data #Statue #Stefan Pop #Stefánia Palace #stepdance #Stock exchange #stock exchange index #stock market #Stockholm #store manager #Straumann #Street music contest #Strike #StrikeShield protection system #Sudan #SUGO Food #Suh Chung-ha #SUHANJ! Foundation #Sukoró #Sumatran orangutan #Summer Olympic Games #SunDell Estate Plc. #SungEel Hitech Hungary #SungEel Hitech Hungary Ltd. #Sunshine Garage #Supercharge Ltd. #Superfast Internet Program #Supermarket chain #Suppliers #Suriname #Surplus #survey #Sustainability #Suzuki #Sweden #Sweet Days Budapest #Swimming #Swiss companies in Hungary #Swiss Embassy - Budapest #Swisscham Hungary #Switzerland #Symbol #Syria #Szabolcs Takács #Szamos Marzipan #Széchenyi 2020 program #Széchenyi Hill #Szeged #Szeged Biological Research Institute #Szeged Open-Air Festival #Szeged wholesale market #Székesfehérvár #Szent-Györgyi Talent Prize #Szentendre #Szentgotthárd #Szerencsejáték Plc. #Sziget #Sziget Festival #Szigetszentmiklós #Szolnok #Szolnok Symphony Orchestra #Szombathely #Szombathely Art Gallery #Szusza Ferenc Stadium
    #T-Systems Hungary #tablet computer #Takalani Esther Netshitenzhe #Takarék Group #Takarék Mortgage Bank #talent #Tamara Guttman #Tamás Aján #Tamás Fellegi #Tamás Freund #Tamás Jeránek #Tamás Révész #Tamási Hús #Tárki #Tárnok #tax #tax issues #taxation #taxes #Teacher #Teachers #Technology #Technology and Transport #Telecommunications #telecoms #telemedicine #Telenor #Telenor Hungary #Telephone #television #Temperature #temporary placement and recruitment #Tennis #Terminal 2A #Terrorism #Tesco Hungary #Test drive #Testing #Tetsuo #Textile art #Thailand #The Club #the elderly #the European Institute of Innovation and Technology #The Hungarian Helsinki Committee #The Maldives #The Netherlands #The Voices! #The year 2020 #theater performance #thermal engineering #Thomas Gottschalk #Thyssenkrupp #Tibet #Tibor Benedek #Tibor Navracsics #Tímea Babos #Tímea Nagy #Tímea Pesti #Tisza River #Tiszafüred #Tiszaújváros #Tivadar Csontváry Kosztka #TK Elevator #Tobacco industry #Tokaj #Tokaj Oremus Winery #Tokaj wine region #Tokaj-Hegyalja #TokajGuide #Tokyo 2020 #toll road #Tony Curtis #Tool manufacturing #Top 10 #Törley Sparkling Wine Cellar Ltd. #total-waterpolo.com #Tourism #Tourism nights #Tourism revenues #Tourist accommodations #Tourist destinations #Tove Skarstein #Toy industry #Toyota #Trade #Trade union #Tradition #Traditions #Traffic #traffic control #train travel #Training center #Tram #Tram-train #Transparency #Transparency International #Transport #Transport industry #Transylvania #travel #travel restrictions #Tree of the year #Trianon Treaty #triathlon #Trieste #Trolleybus #Truck #Truck manufacturing #Tuba #tulipomania #Tungsram #Tunisia #Turkey #Turkish Cargo #turnover
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