E: info@sportsvenuebusiness.com

Operation Transformation: Hungary to spend US$250m on 20 stadium projects

While Hungary opened three new stadiums in 2014, stadium construction in the country received another big boost this year, with 20 major projects lined up for commencement – all of which remain on track despite the country’s capital backing out of the race to host the 2024 Summer Olympic and Paralympic Games – the government having confirmed its plans to spend 67.144 billion forints (US$250m) on the projects.

 

Although the Hungarian capital, Budapest, withdrew its candidacy bid to host the 2024 Olympics earlier this year, this latest statement from the Hungarian government confirms that stadium projects including the New National Stadium will go ahead as planned.

 

The proposed new National Stadium, courtesy: Daily News Hungary

 

More insights on these stadium projects will be presented at Coliseum Summit EUROPE, taking place at Budapest’s Groupama Arena next week, March 29-30. Balázs Furjes, Government Commissioner for Major Budapest Developments, is among the distinguished speakers at the conference. He will offer details about the future sports venues plans and developments in Hungary. (NB: Sports Venue Business CEO, Katie McIntyre, will be reporting back from the Coliseum Summit, detailing all pertinent venue developments and other news.)

 

The Hungarian government’s plan follows its promises from a couple of years back. It is also in sync with the national program of sports infrastructure upgrade. The scheme aims at significantly improving or completely rebuilding all of the country’s top two league stadiums.

 

The first results of this project were witnessed in 2014, as three new stadiums were opened in Budapest, Debrecen and Felcsut. The first two were built in nearly record time and at a very efficient cost, while the third is Hungary’s new National Stadium for youth teams.

 

This year, the governmental program will include 20 stadiums across the country, the annual budget for which has been set at 67.144 billion forints (US$250m).

 

The current wave of stadium reconstructions started under the second prime ministership of Orbán Viktor, as reported by the Daily News Hungary. According to the newspaper, what really boosted the process was the possibility to support public benefit organisations (such as sport clubs) with the corporate income tax.

 

Source: Coliseum-online.com

 

 

* Sports Venue Business is proud to be an Official Media Partner for all Coliseum Summit events in 2017, with our CEO, Katie McIntyre, plus our cameraman/videographer, to be in attendance at next week’s Europe event being held at the beautiful Groupama Arena, March 29-30. If you will be in attendance and have a story to tell, a project to share or wish to provide expert opinion on the latest trends or best practices, please contact Katie McIntyre via email at: katie@sportsvenuebusiness.com or Tel: +44 (0)797 0712538 to arrange a meeting. *

 

 

The table below shows how the money is to be distributed among participating cities of league one (NB I) and two (NB II):

Stadium/City League Amount (in forints)
Nemzeti Sportközpont / Budapest national 44.272 billion
Rohonci úti Stadion / Szombathely NB I 4.974 billion
Sóstói Stadion / Székesfehérvár NB I 4.5 billion
Diósgyóri Stadion / Miszkolc NB I 2.75 billion
Dunaferr Arena / Dunajvaros NB I 2.6 billion
Bozsik Stadion / Budapest NB I 2.1 billion
Stadion Várkerti / Kisvarda NB II 800 million
ZTE Arena / Zalaegerszeg NB II 750 million
Stadion Kórház utcai / Békéscsaba NB II 565 million
Rákóczi Stadion / Káposvar NB II 501 million
Városi Stadion / Nyíregyháza NB I 500 million
Illoszky József Stadion / Budapest NB II 500 million
PMFC Stadion / Pécs NB I 500 million
ETO Park / Gyór NB I 240 million
Szusza Ferenc Stadion / Budapest NB I 240 million
Széktói Stadion / Kecskemét NB I 240 million
Fehérvári úti stadion / Paks NB I 4240 million
Perutz Stadion / Pápa NB I 240 million
Városi stadion / Mezőkövesd NB II 180 million
Káposztás utcai Stadion / Sopron NB II 150 million
New Chelsea FC stadium given green light by council
January 21, 2018
ESSMA delivers most successful Summit yet
January 21, 2018
EPFL release 2nd edition of unique ‘European Leagues Fan Attendance Report’
January 20, 2018
Title sponsorship of Aviva Stadium extended to 2025
January 18, 2018

Facebook

Twitter

LinkedIn