Pro-government oligarchy is building Budapest’s new Athletics Centre for 420 million euros
Budapest is scheduled to host the 19th World Athletics Championships in August 2023. A brand-new National Athletics Centre is being built for the occasion. The tender has been won; the project will cost over 422 million euros.
The 2023 World Athletics Championships are scheduled to be held from 19 August to 27 August 2023 in Budapest, Hungary. The championships will be held in the National Athletics Centre in Budapest, which will be built on the eastern bank of the River Danube and will have a capacity of 40,000.
History seems to be repeating itself. This new project is going to cost about the same amount of money as Budapest’s Puskás Stadium did, and it is also going to be built by the same contractors, 24 reports.
The tender was drawn by BMSK Ltd., and it could be applied for by invitation only (or rather oligarchy only). The tender was for an athletics centre with a capacity of 40,000 (capacity will be reduced to 15,000 for future events), but it also included several additional investments, like a 168 m steel pedestrian and road underpass, railway track, pedestrian bridge, boat station, and the construction of a 1,000-metre-long flood defence line.
The tender for the construction of the new National Athletics Centre was won by Záév ÉpÃtÅ‘ipari Ltd. and Magyar ÉpÃtÅ‘ Ltd. with a winning offer of over net 422 million euros.
Záév ÉpÃtÅ‘ipari Ltd. can be associated with notorious pro-government oligarch LÅ‘rinc Mészáros, while Magyar ÉpÃtÅ‘ Ltd. belongs to the WHB Group owned by Attila Paár. Paár is the former business associate of Orbán’s son-in-law, and he is also among the wealthiest people in Hungary.
Sub-contractors include companies like Mészáros és Mészáros Ltd., V-HÃd Ltd., and HódmezÅ‘vásárhelyi ÚtépÃtÅ‘ Ltd., all belonging to businessmen close to the government.
HódmezÅ‘vásárhelyi ÚtépÃtÅ‘ Ltd. can be associated with László SzÃjj, whose name might ring a bell. Minister of Foreign Affairs and Trade Péter SzÃjjártó was caught on summer vacation on the Adriatic Sea on a EUR 20 million yacht which belongs to László SzÃjj.
Another contender for the tender was Strabag, who made a proposal for 484 million euros, but Swietelsky Magyarország Ltd. and FertÅ‘di ÉpÃtÅ‘ és Szolgáltató Ltd. were also in the run for the tender.
Source: www.24.hu
Ordinary story in the kingdom of Orbananas.
Another 422 million euros that the health service desperately needs wasted on a vanity project. Shocking!
422 million! Wtf! For that money we could build a metro to the airport…three times… and to think that there are people voting for them
It’s unbelievable the waste on sports and arenas in Hungary; in other countries too. Education and health care in Hungary lag far behind the rest of Europe, yet there is money to build another stadium. Just wait until they are all renamed Viktor Orban Arena I, Viktor Orban Arena II, Viktor Orban Arena III…
Well, at least a few people in Hungary will continue to benefit financially, just like the old days. Regimes change, but things stay the same.
MENNYIBE???
I believe it. Another vanity project, and at the same time filling the oligarchial pockets. When will these poor people finally have enough? And to think hospitals, education and real infrastructure are suffering from this deluded government. The time has come for change.