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| Strabag to rebuild football stadium in Hungary  The Hungarian unit of publicly listed Strabag SE has been awarded the contract by the City of Székesfehérvár, 70 km from Budapest, to rebuild the Sóstó football stadium. The demolition of the old stadium, also carried out by Strabag, was concluded in the middle of the year. The approx. € 40 million project is scheduled for completion in late 2017."The Hungarian market is one of our most important core markets. While 2015 was a very successful year for the construction industry, this was followed by a decline in investment volumes and construction activity in 2016. This contract, along with other orders such as the modernisation of the railway line between Budapest and Esztergom, gives us cause to be optimistic for the future, " explains Thomas Birtel, CEO of Strabag SE. The stadium will have a capacity to seat more than 14,000 spectators around a pitch measuring 23,012 m˛. Sóstó Stadium will meet UEFA Category 4 classification. write your comments about the article :: © 2016 Construction News :: home page |