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Gediminas Žiemelis, shareholder and chairman of the Avia Solutions Group board, says that rebuilding the Siemens Arena in Vilnius, which has been renamed the Avia Solutions Group Arena, may cost around LTL 10 million. euros. The businessman announced the planned reconstruction on his Facebook account and shared views of the project.
“It is likely that the budget (reconstruction – BNS)” will rotate “around 10 million.” Žiemelis said in a comment sent to BNS.
According to him, the reconstructed arena of Avia Solutions Group could accommodate up to 20 thousand people. viewers, but reconstruction will not begin before spring 2022.
We have several commitments with partners and have signed contracts through spring 2022. The design process itself is quite short, so we are focusing on spring 2022 or 2023 until now. I would like to guess the 90th anniversary of the flight of Darius and Girėnas on July 17, 2023. Therefore, it will be necessary to turn your head, but there are no situations without solutions ”, said G. Žiemelis.
The acoustics, engineered solutions, VIP lounges, restaurants and common areas are planned to be rebuilt in the sand.
Last year, the DG21 company controlled by G. Žiemelis, which invests in long-term real estate projects, acquired the companies that manage the Vilnius Siemens and Panevėžys Cido sands, as well as the ticket distribution company Tiketa.
AviaAM Leasing operates DG21 on Vilnius, Dariaus and Girėno streets, and operates the Loop Hotel near Vilnius Airport. In 2019, it was announced that the company intends to invest LTL 20 million in hotel development in Lithuania and Latvia. and open the Loop Hotel in Riga in 2021.
