The 1950s were the period when its corporate structure was established, its company profile was devised and, as a professional challenge, Budapest was reconstructed. At that time, everything was still unsettled and uncertain, operating conditions frequently changed, and upper management was direct. The decades between 1960 and 1985 were the years of large infrastructure development: new housing estates, roads, bridges, subways and metro lines were constructed. The profession was characterised by a shortage of design capacity, and the relationship of design companies, by the division of work.
The executives of the company at the time made FŐMTERV a community that carried lasting values, laying the foundations for the establishment and lasting cohesion of a competent, creative staff with a comprehensive view, committed to the development of Budapest. The reshaping of the traffic and public areas of the city and the construction of a series of highly important utility facilities, bridges and engineering structures preserve the professional work performed by FŐMTERV in the 1970s and 1980s.
From the mid-1980s, projects in the capital stagnated. Consequently, the signs of operational difficulties appeared at the company by the end of the decade. This period was one in which large state-owned design companies were shaken. Simultaneously with cutting back on projects and the increasing uncertainty about large companies, flexible small organisations splitting off from large companies appeared. Unaccustomed to competition, large companies had difficulties to keep up with their novel, flexible market behaviour.
As part of the transformation process, the management of the company was taken over by the third management team in the history of the company in 1990. With the exemplary attitude and cooperation of the previous management, its internal organisation and internal operation were renewed without major conflicts, preparing, as it were, for privatisation and a new corporate form. The company was transformed into a privately owned company limited by shares as a legal successor in 1992. Keeping the reference area of its legal predecessor, the new company expanded its sphere of operation. Today, its activities include, in addition to Budapest, the design of national motorway and trunk road networks and Vignoles railways, the preparation of regional and community (urban) development plans and construction designs, and the design of infrastructure for private projects, industrial and logistics parks, and commercial centres. A transformation process began in 2006: the company was transformed into two companies. The two companies operate in the market by dividing the work between themselves and acting together as a company group. Within the FŐMTERV Group, FŐMTERV’TT Zrt. is responsible for the provision of background conditions for operations, the market and relations, while FŐMTERV Zrt. is responsible for performing operative design, technical and production work and related tasks.
The company has a headcount of nearly 300 today. It has been operating at a profit since its establishment. With a dynamically developed technical background, its turnover is increasing and its sphere of activities is expanding.
Its goals are to provide comprehensive engineering services transformed according to the new expectations of the future to a high standard; for this, to keep together its highly qualified, creative staff, who preserve the traditional values of engineering work, but is able to respond to the new challenges of our age with a modern approach; and to provide the required organisational, technical and innovative conditions for its studio work.