Home NEWS Serbia’s Delta Holding acquires Sava Centre Belgrade

Serbia’s Delta Holding acquires Sava Centre Belgrade

Serbia's once most prestigious centre will be completely renovated

Nov 12, 2020

sava_centre_belgrade — Photo Credit: Shutterstock

Sava Congress Centre, Serbia’s largest congress centre, will be completely renovated by 2023. Serbian diversified conglomerate Delta Holding has acquired the Sava congress centre in Belgrade, local media reported on Monday. Delta Holding, which offered 17.5 million euros ($21 million) at an auction for the sale of the property launched by the Belgrade city government, is the new owner of the Sava congress centre.

Delta Holding said on Friday, it placed a 17.5 million euro bid in the auction for the sale of Sava congress centre and committed to investing at least 50 million euro, although according to consultants’ estimates the necessary investments in a renovation would exceed 80 million euro. The renovation will include a complete change of the glass facade, as well as the renovation of the meeting halls, while the centre will be equipped with brand new technological solutions.

“The goal is to finish the entire renovation process in five years”

As said by the new owners of the Sava Congress centre, their goal is to preserve the unique architecture and exterior look of the building and keep the function of the centre the same as it was. Their objective is to once again place Belgrade on the world map of the congress industry and to make it the most distinguished congress centre in the region.

Commenting on the acquisition, Delta Holding’s Tanja Vasojević, said: “Following the successful purchase, we are now looking for world-renowned experts who have experience with renovating similar buildings. The goal is to finish the entire renovation process in five years, however, we will strive to open the doors of the brand new Sava Centre Belgrade to visitors even sooner.”

Belgrade’s largest convention centre, once Europe’s largest, is a living encyclopaedia of the city’s modern history. It was built in a record time of 6 months for the needs of the OSCE Conference 1977, which lasted a marathon eight months. Almost by chance, and then under the command of Tito, Belgrade came to get the most modern and largest convention centre in Europe. It was considered to be a technological marvel and followed the first wave of construction of convention centres around the world and at home. With its design it is topical even today, but also because of the much-needed renovation, it will get now. The Sava Congress Centre has a total area of 100,000 sq m, including a 4,000-seat theatre hall, 15 conference halls, an exhibition area, restaurants, bars, offices and shops.