Opera House refit to cost HUF 23.2 bln
Hungaryʼs government has made a decision to allocate HUF 23.2 billion for the renovation of the Hungarian State Opera House over the period of 2016-2018, Hungarian news agency MTI reported today, based on a resolution published in the latest issue of the official gazette Magyar Közlöny.
(Photo: Wikimedia Commons/Elin)
Under the resolution, HUF 1.4 bln has been allocated to be spent on the renovation works this year, with the remaining HUF 21.8 bln to be spent in 2017-2018. The investment will involve the renovation of the buildingʼs facade and the restoration of interior ornamentation, as well as an upgrade of stage equipment and improvements to audience comfort, MTI reported.
The resolution says the building, which was designed by architect Miklós Ybl and inaugurated in 1884, is scheduled to reopen in 2018.
ADVERTISEMENT
Financial Transformation: Now or Never
Gov't Extends Deposit Rate Cap Till Year-end
Media Markt Sanctioned for False Advertising
'Creating CEElicon' Valley in Focus of HVCA Investment Confe...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
