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Market Építőipari wins tender to expand sports, culture center with bid of HUF 2.9 billion

Market Építőipari has won a tender to expand the function of a sport and culture center in Budapest’s District XII with a bid of net HUF 2.9 billion and rights to operate concessions at the center, the latest issue of the Public Procurement Gazette shows.

Market Építőipari put the value of the 15-year concessions at HUF 181 million for a restaurant and cafe at the center, HUF 100 million for an exhibition space and HUF 4 million for a sports equipment rental business.

The project is supported with European Union and state development funding. (MTI-Econews)