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.




« Previous News:
» Next News:


More News

Iraq Sports City

Saudi Arabia grants $1bn to build Iraq ‘sports city’

Published: April 17, 2019

Saudi Arabia’s King Salman bin Abdulaziz has granted $1 billion to Iraq to build a new sports...
» Read more

Eintracht Frankfurt Headquarters

Eintracht Frankfurt under one roof

Published: April 17, 2019

German sports club Eintracht Frankfurt has secured planning permission for the club’s new...
» Read more

AFL in China

AFL, Kennedy enter partnership for China games

Published: April 17, 2019

Australia’s leading luxury retail brand, Kennedy, recently announced its partnership of the...
» Read more

AS Monaco Skyboxes

AS Monaco launches ‘Legends Skyboxes’

Published: April 17, 2019

AS Monaco recently revealed the details its impressive ‘Legends Skyboxes’ at the Louis II...
» Read more


Newsletter signup