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Feb 21, 2018

A complete renovation of Budapest Airport‘s Terminal 2 will take place over the next six months

Reports state that all flooring will be replaced, new furniture is on its way, and the restrooms will get a revamp. The renewed Terminal 2A and Terminal 2B are expected to be completed by the summer

A complete renovation of Budapest Airport‘s Terminal 2 will take place over the next six months, it has been revealed.

According to Turizmus.com, the flooring will be replaced, new furniture is on its way, and the restrooms will get a revamp. The renewed Terminal 2A and Terminal 2B are expected to be completed by the summer.

Last year, we revealed how Budapest Airport is to receive 100 million euros from the European Bank for Reconstruction and Development (EBRD).

The operator of Liszt Ferenc International Airport will receive the funds as part of a 1.32 billion euro financial restructuring package.

Sources say Budapest Airport will use the credit to amend and extend existing debt facilities at the end of 2019 and 2020.

“The package will encourage the introduction of new capital market structures for mature infrastructure projects, develop secondary market transactions for public-private partnership projects attracting leading institutional investors and allow – last, but not least – customers of Budapest Airport to benefit from an improved operating performance,” said Sue Barrett, EBRD Director, Transport.