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Eiffel Hall in Budapest (220 m long, 110 m wide) to be turned into an art centre for classical music – Contract value: approx. € 38 million
Budapest – The construction company STRABAG has been chosen to renovate Budapest’s historic Eiffel Hall on behalf of the Hungarian State Opera. The building from the year 1886, which measures 220 m in length and 110 m in width, will be used as an art centre for classical music. The contract value is divided into a fixed portion of HUF 8.6 billion (EUR 28 million) and an option portion of HUF 3.1 billion. (approx. EUR 10 million).
“The steel structure of the Eiffel Hall was listed as a historic site in 2011, making this one of Hungary’s largest industrial monuments,” explains Thomas Birtel, CEO of STRABAG SE. It was originally built as a repair shop for the Hungarian state railways. Once the renovations are complete, the building will not only serve as a rehearsal space for the Hungarian State Opera and the Erkel Theatre but will also be used for workshops, opera studios as well as costume and decorations storage. Additionally, the Eiffel Art Studio will offer a home to the Bánffy Theatre with 340 audience seats, an orchestra pit and corresponding acoustics.
end of announcement euro adhoc
Attachments with Announcement:
issuer: STRABAG SE Donau-City-Straße 9 A-1220 Wien
phone: +43 1 22422 -0
FAX: +43 1 22422 – 1177
ISIN: AT000000STR1, AT0000A05HY9
indexes: WBI, ATX, SATX
Digital press kit: http://www.ots.at/pressemappe/4106/aom
Rückfragen & Kontakt:
Diana Neumüller-KleinHead of Corporate Communications & Investor RelationsTel. +43 1 22422-1116
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