The construction work of the Gheorghe Hagi Stadium in Constanța (Romania) started on October 1st, 2026, after the National Investment Company (CNI) issued the protracted work order.
European Standards
The CNI has stated that the new arena would be built to European standards and will be designed to host the major sporting events. The details of the construction timetable have not yet been announced.
‘Romania Insider’ stated that the project will be financed by the Ministry of Development, Public Works and Administration through CNI’s National Programme for Public and Social Construction.
The 15,520-seat Gheorghe Hagi Stadium (formerly known as the Stadionul Farul) was a multipurpose stadium in Constanța, Romania. The stadium was closed in 2022 and demolished in 2023 to build a new one on the same site.
Bucharest (Romania)-based the National Investment Company (CNI) is the largest public developer in Romania and is under the control of the Romanian Government. It was founded in the year 2001. The objective of CNI is to make the impossible possible and make Romania the cynosure of all eyes.
The objective of CNI’s National Programme for Public and Social Construction is to foster economic and social development, create local jobs and improve the citizens’ living conditions across the urban and the rural areas.
Consortium
‘Romania Insider’ further stated that a consortium formed by the Romanian construction companies Construcții Erbașu and Tracon will carry out the works.
The Constructii Erbasu is a privately-owned Romanian construction company established in 1990 with its headquarters in Bucharest, Romania. The constantly positive progress during the 35 years since its establishment and up to the present day have enabled the company to approach a diversified range of works in construction and the other fields regardless of their size and complexity. It has had contracts both with the State-owned and the private companies.
Tracon is a Romanian construction, engineering and infrastructure company founded in 1991 with its main office in Bucharest.
‘The King’
The stadium has been named after Gheorghe Hagi, the former Romania captain widely regarded as the country’s greatest footballer. Known in Romania as ‘The King’, Hagi is currently the Head Coach of the Romanian national team.
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