Constanta Casino Restoration Will Cost Over Euro 23 Million

Constanta Casino Restoration Will Cost Over Euro 23 Million

Romania’s Development minister, Vasile Daniel Suciu, has said that the approximate costs to rebuild the Constanta casino will be around RON 110 million (more than EUR 23 million).

He also added that a decision in regards to the restoration project would be taken later in April. Also, according to Suciu, the restoration contract will be offered through a competitive bidding process.

Talking to the press, Constanta mayor Decebal Fagadau indicated at the possibility of issuing the fourth tender for the contract in May. In 2017, the third tender for the completion of the restoration project was blocked.

The new announcements come in the wake of a resolution passed by local councilors in February this year, which said that the City Hall would provide for EUR 3.1 million in Constanta’s restoration process.

The Constanta casino, in the beach city of Constanta, Romania, is one of the oldest standing casinos. It was built in 1910. Swiss-Romanian architect Daniel Renard designed the Casino, and it features a splendid demonstration of the Art Nouveau style. However, at present, the structure is in a dilapidated condition as it has been left unattended for the past two decades.

The restoration process was initiated four years ago, and the property was transferred from the municipality to the National Investment Company. Unfortunately, all the three tenders that have been issued for the restoration were blocked after they the competitive bidding.

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