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.
- 2023. 10. 14In December 2021, Szeged was enriched with a large-scale facility when the Szeged Multifunctional Handball Hall (also known as the PICK Aréna) was inaugurated. The complete prefabricated structure of the sports centre was designed and the elements were manufactured and installed on site by Grabarics Reinforced Concrete.
- Grabarics Development’s project under preparation will be a 5-apartment condominium at 16 Kapy Street, Pasarét, Budapest, District II. The preliminary design works are currently underway.
- 2023. 10. 14On 17 June, the National Athletics Centre, Budapest’s new sports and leisure park, which will also host the World Athletics Championships in August, opened.
- In order to make us able to write that Grabarics Construction Ltd was founded 30 years ago, a number of factors had to develop in our favour. The anniversary of a company is about its history.
- 2023. 10. 14One of Europe’s most modern communications technology complexes has been completed, resembling the magical world of the Narnia novel sequence, said András Koltay, President of the National Media and Infocommunications Authority (Hungarian abbreviation: NMHH) at the inauguration of the organisation’s Metrology Building Complex.
