Strabag to Build National Football Stadium for €59.77 million in 76 Weeks

Bratislava, August 9 (TASR) – A National Football Stadium (NFS) will be constructed by Strabag company for €59.77 million (VAT included), with the company winning the public tender for the construction of the stadium, TASR learnt on Tuesday.

NFS, as the investor, has already inked the contract with the winner of the tender and the new stadium is expected to become a reality by the beginning of 2018 at the latest.
The original estimate for the job was €54 million (VAT included). Apart from Strabag, there were two other bidders in the tender: Metrostav, of Prague – bidding €71.65 million (VAT included) – and a consortium of companies AVA–stav, of Galanta, and Vahostav, of Bratislava, which has been excluded from the tender for non-compliance with the conditions of technical competence, and its bid wasn’t opened.
The new football stadium will be built on the site of the former Bratislava stadium and will have a seating capacity of more than 20,000. The state has committed itself to complete the construction and to purchase the non-commercial portion of the stadium. Moreover, the state will provide NFS with a subsidy worth €27.2 million, but this will be deducted from the eventual purchase price that the state will pay to NFS.
Slovan Bratislava football club – whose Board of Directors chair is Ivan Kmotrik, who originally was going to build the stadium but gave up part way through when the state took over the project – is a shareholder of NFS.