2020. 03. 19
About the Grand Hotel Tokaj ***** exclusive accommodation development project
The development of Grand Hotel Tokaj was started in June 2017 by the investor Tokaj Csurgó Völgy Ingatlanfejlesztő Kft. with the acquisition of the area and commencing the design work.
As a result of the 2.5-year planning phase, the concept of the 100-room, five-star hotel had been finalized, the project's financing background was established, and on March 3, 2020, the project entered the implementation phase by handing over the construction site.
The project is being implemented through the Kisfaludy Tourism Development Program with a grant of HUF 3,449 billion from the Government of Hungary and the long-term project financing of Sberbank Magyarország Zrt.
As a result of the public procurement process launched in the fourth quarter of 2019, a consortium of AKTUÁL BAU Kft. and Grabarics Kft. won the construction work, and the contract was signed between the parties on February 28, 2020.
The planned completion date of the investment phase is the end of 2021.
Operating from 2022, the hotel will directly create about 100 new jobs, significantly improve the region's quality accommodation offer, facilitate the activities of local producers and suppliers, and generate significant tax revenues for the further development of the Tokaj Tourist Region.
- Dun & Bradstreet, the international provider of business information and company ratings classifies the financial stability and business reliability of all enterprises based on a proven system, that has been designed by international experts, and whose operation is consistently measured. This is how our company, Grabarics Kft. has been chosen as one of the enterprises with the steadiest financial standing.
- The comprehensive renovation and expansion of the Buda Order of Mercy Hospital was successfully completed in February 2026. The general contractor for the project was Grabarics Építőipari Kft., which, throughout the entire construction process, demonstrated outstanding professional expertise in harmonizing modern healthcare infrastructure with the historic surroundings.
- The development of the Dreher Breweries has reached another spectacular milestone: we have reached the highest point of the buildings, which we celebrated with a topping-out ceremony in keeping with tradition.
- Grabarics Kft. is participating as the general contractor in the Bazalt III project at ROCKWOOL’s Tapolca site, which involves the comprehensive development and renovation of the existing office, workshop, and warehouse areas. The project is scheduled for completion, with technical handover set to begin, in the third quarter of 2026.
- Weinberg '93 Ltd. and GRABARICS Ltd. won the consortium tender for the expansion of Dreher Breweries in 2024. A unique investment in the Hungarian beer industry is underway at the historic Dreher Brewery, with the aim of modernizing the brewery's technology. The first phase involves the construction of a new cellar and energy block, with the general contractor's work already well underway.
