Bucharest to build $23m new stadium



Linkedin
Twitter

Rapid Bucuresti Stadium Image: CNI

Romania’s National Investment Company on November 1 signed the contract for the construction of the new Giulesti Valentin Stanescu Stadium.

An consortium of three local companies comprising Constructii Erbasu, Concelex and Terra Gaz Construct will build the new stadium. The value of the contract is RON 98.3 million (about $23 million), without VAT, local Digi24 reported.

The new venue is estimated to meet the criteria of UEFA Category 4 and will seat 14,000 people including 250 seats for the disabled fans and their companions. It will host the games up to the Campion’s League semi-finals.

This is one of the four stadiums that should be used for training by the teams that will come to Bucharest to play at the Euro 2020. Romania’s capital will host four of the tournament’s matches on the National Arena.

The main concern with the construction of the stadium is the time, which was supposed to begin early this year, but won’t be able to break ground before 2019. There is design work still pending before the actual work begins.

The demolition of the old stadium will be another major obstacle as the old structure is made of reinforced concrete which will be tough to break, unlike the Steaua stadium. Even though it has been promised to be ready before Euro 2020, it will make things difficult to be completely ready for Euro 2020 with maybe parts of it ready for the opening of the event.

Continue to follow Coliseum for latest updates on stadium business news. Coliseum is dedicated towards building the best global community of sports venue executives and professionals.

Watch 500+ member-exclusive videos with valuable tips for your venue



« Previous News:
» Next News:


Advertisement
Advertisement
Advertisement
Advertisement

More News

Populous to design the 70,000-seat stadium and arena at Vietnam’s new Rach Chiec National Sports Complex

Populous to tog up community catalysts Vietnam stadium-arena

Published: September 25th, 2026

The design firm Populous has been selected to design the centerpiece stadium and arena of... » Read more

2026 an AFL season to remember

Adelaide Oval welcomes more than 1 million AFL fans in 2026

Published: September 25th, 2026

More than 1.18 million AFL football fans passed through the gates of Adelaide Oval during a bumper... » Read more

Rogers Place naming rights extended

Rogers Place naming rights deal extended by Edmonton Oilers

Published: September 25th, 2026

Rogers Place will remain the NHL’s Edmonton Oilers’ home until 2036 after the telecoms giant... » Read more

Mate Naletilić at Coliseum Europe

GNK Dinamo Zagreb Maksimir Stadium digital route to engage fans

Published: September 25th, 2026

Mate Naletilić works as the Digital Innovation Officer at the professional football club GNK... » Read more


Receive global sports venue NEWS five times a week in your inbox