3.7 million Leo Hall – the capital

There is pressure to sell an important site in Sibiu! The price is ridiculous – 1.5 million euros

Adrian Homann, General Manager of Construcții SA, said he is under pressure to sell the culture plant and related land at an undervalued price.

Sibiu City Council announced, in May of this year, that it would like to purchase this plant and associated land, but Adrian Homann says he has not been informed, as yet, by Sibiu City Council of the purchase.

It should be noted that in the documents accompanying the draft resolution on the agreement, an amount of 4.3 million euros was also mentioned, which, according to the owner, is the value of the hall and the land.

“We do not have an address from the local administration. We also read about the approved decision. But these goods will not be sold directly, but at auction,” Adrian Homann stated, according to Turnulsfatului.ro.

Adrian Homann also says that the company he runs has gone into bankruptcy, which is why the merchandise cannot be sold directly, because an auction is required. Furthermore, the land and building have been mortgaged to the Romanian Commercial Bank (BCR), which secured 25 million lei in financing in 2014.

“There is great pressure on me to sell the hall for 3.7 million euros, as well as a plot of 12,000 square meters at the low price of 1.5 million euros,” said the general manager, according to the previously mentioned source.

– 33.7 million lei for the purchase and development of the area

In May, Sibiu City Council representatives said 33.7 million lei would be needed to acquire and develop the area, stressing that the acquisition of the building and land is important.

They said the “acquisition of the building and land” of the Culture Factory “is an important project and a potential generator of additional income from organizing cultural, artistic, social and educational events.”

According to the previously mentioned source, 22 million lei to purchase the building would have come from a bank loan of 18.3 million lei (commissions and interest close to 3 million lei) and from a subsidy of 3 million lei from domestic support. income.

3.5 million lei will be needed to set up offices and obtain necessary approvals and licenses, in addition to another five million lei to install air conditioning. Utility costs are estimated at 800,000 lei per year.

When will the auction be completed?

Last weekend, Konstantin Chirac, director of the Radu Stanca National Theater in Sibiu, said the auction could be completed by the end of this year.

“After so many years in business, we wish with all our hearts that the Culture Factory could be brought home as soon as possible, that the City Hall would buy it, and that it would remain a place of beauty, cheerfulness and the triumph of creativity. Spaces were created together – it’s Faust, it’s Lulu, etc. Nowhere in the world has there been an incident like this.Hopefully in 2024 we can reopen the Culture Factory with performances by Mr. Purcărete, Mr. Zholdak, Andrei and Andreea Grosu, from the big names up in the alley, so that that space becomes a place where For the younger generation to get on the bandwagon of projects and meetings. There are 56 names on the alley. Think about the amount of wealth, what a colossal treasure “, stated by Constantine Chirac.

He also said that the desire to buy had been approved by the local council.

“But until the decision of the legal structure administering this insolvency, and until the completion of the auction, CL must now agree to the amount provided by the independent appraiser. He added that the city council must find sources of funding in the form in which the purchase can take place.”

Konstantin Chiryak also said that the auction could take place by the end of this year. He also says that one of the big projects is energy efficiency.

“I think it will be by the end of the year, because we are losing PNRR money, we are losing European money, money from ROP, from Norwegian and Swiss funds. We want to rehabilitate all of that space, in several projects, in a way that we can get energy, without buying it. Let’s We come to the solution so that everything we produce there, as energy, can serve the new theater and convention center. Whatever we think about, we think for the future and for this community,” said Konstantin Chirac, director of the Radu Stanca National Theater in Sibiu.

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