Pioneering Geotechnical Excellence in Serbia and Beyond

Pioneers in geotechnical engineering, Novkol has cemented its reputation through iconicprojects while seeking visionary partners to drive its next phase of growth.

Founded in 1997, Novkol has established itself as a leader in geotechnical engineering, becoming synonymous with innovation, reliability, and transformative infrastructure projects. Under the stewardship of Miloš Hranisavljević, Novkol has been instrumental in reshaping Serbia’s construction landscape, delivering high-profile projects such as the Belgrade Waterfront and preparations for Expo 2027. With a strong track record, state-of-the-art technology, and a reputation for excellence, Novkol is now poised to take its growth to the next level through strategic partnerships.

🟡A Legacy of Iconic Projects

Novkol’s portfolio reads like a testament to Serbia’s modernization. The company’s work on the Belgrade Waterfront, a transformative urban development project, showcased its expertise in handling complex geotechnical challenges. Similarly, Novkol’s role in preparing for Expo 2027 demonstrates its capacity to execute large-scale, high-stakes projects.
“We’ve worked on some of the most important facilities in Serbia over the last 15 years, including the Danube bridge and high-profile developments in Belgrade. These projects are a reflection of our technical excellence and dedication to quality,” says Hranisavljević.

🟡 Pioneer in Geotechnical Technology

What sets Novkol apart is its commitment to innovation. From introducing CFA pile technology in 2005 to utilizing advanced Italian machinery for foundation work, the company has consistently stayed ahead of the curve. This forward-thinking approach has positioned Novkol as a pioneer, not just in Serbia but across Europe.

“Being the first to implement cutting-edge technologies in Serbia wasn’t easy. For example, when we introduced CFA piles, many doubted us. Today, every major company uses this technology, which proves our role as industry pioneers,” notes Hranisavljević.

Novkol’s in-house engineering and design capabilities are another significant advantage. The company handles projects from feasibility studies to execution, ensuring efficiency and quality at every stage.

 

«Being the first to implement cutting-edge technologies in Serbia wasn’t easy. For example, when we introduced CFA piles, many doubted us. Today, every major company uses this technology, which proves our role as industry pioneers»
MILOŠ HRANISAVLJEVIĆ
PRESIDENT OF NOVKO

🟡 A Strong Market Presence

With a commanding 50% market share in Serbia, Novkol is the go-to partner for major government and private sector projects. The company’s ability to execute large-scale projects, coupled with its reputation for reliability, has made it a trusted name among global investors.

“Our clients include some of the biggest names in construction and infrastructure. Whether it’s multinational corporations or government entities, they trust us to deliver on their vision,” says Hranisavljević. 

The company’s diversified portfolio spans infrastructure, energy, and corporate developments, showcasing its adaptability and technical breadth.

🟡A Vision for Strategic Growth

Novkol is at a crossroads in its journey, seeking partners who can help propel the company into its next phase of growth. Hranisavljević emphasizes that Novkol is not just looking for financial investment but also for partners who bring fresh ideas and strategic vision to the table.

“We are open to selling a part of Novkol’s shares to partners who understand our business and can infuse new vision and ideas. Our goal is to take the company to the next level, ensuring long-term success and sustainability,” he explains.

Hranisavljević points to Novkol’s history of partnerships, including past collaborations with major international firms like Vinci, as evidence of its openness to synergistic relationships. 

🟡A Commitment to Talent and Innovation

Beyond technology and projects, Novkol prides itself on nurturing young talent. The company collaborates with the Faculty of Civil Engineering in Belgrade and offers scholarships to high school students interested in engineering and machinery operations. This initiative has created a pipeline of skilled professionals dedicated to the company’s mission.

“We invest in young people because they are the future of our industry. By providing scholarships and training, we ensure that our workforce is not just skilled but also passionate about advancing our field,” says Hranisavljević

«Our position in Serbia is crucial. With the region’s stability and growing demand for infrastructure, we see immense opportunities ahead. We are prepared to partner with like- minded investors to seize these opportunities and continue building a legacy of excellence.»
MILOŠ HRANISAVLJEVIĆ
PRESIDENT OF NOVKO

🟡 Ready for the Future

As Serbia positions itself as a hub for infrastructure development in the Balkans, Novkol is well equipped to lead the charge. The company’s strategic location, technical expertise, and commitment to innovation make it a vital player in Serbia’s growth story.

“Our position in Serbia is crucial. With the region’s stability and growing demand for infrastructure, we see immense opportunities ahead. We are prepared to partner with like-minded investors to seize these opportunities and continue building a legacy of excellence,” says Hranisavljević.