News Article Budapest development Hungary office WING
by Ákos Budai | Office

Ericsson’s new Hungarian headquarters are being built on a site overlooking the Danube by Wing Zrt. This investment is the first phase of the Hungarian Nobel Prize Winners Research & Development Park. The building, which has a total area of 24,000 square meters, will house the company’s largest research and development facility outside Sweden. The building will be constructed to the strict standards of the LEED Gold environmental awareness rating. 

The Hungarian Nobel Prize Winners Research & Development Park will be home to a complex of buildings created by Wing specifically to suit the needs of companies engaged in research and development. The planned buildings are intended to stand as a monument to Hungary’s Nobel Prize Winners, and the name pays homage to their myriad achievements. 
The first six-storey office building is being tailored specifically to suit the needs of the client, Ericsson. The facility will have 540 parking spaces and facilities for storing 250 bicycles, all housed on the four levels underneath the building. Wing Zrt. is using environmentally friendly solutions not only in the finished building, but also during the construction work. Accordingly, for example, preference is being given to locally manufactured, and recycled materials. The work is scheduled for completion at the end of 2017, and during the move Ericsson employees will arrive from all over the world. Some 1,800 people are expected to work in the headquarters building. 

The building was designed by Wing subsidiary Aspectus Architect, led by László Szerdahelyi, and the general contractor is Strabag Hungary. The investment is being financed by a consortium of banks, consisting of UniCredit Bank Hungary, UniCredit Bank Austria and K&H Bank. The first phase will be followed, in the second phase, by the development of a similar building on the part of the site near Rákóczi Bridge. Wing is already working on the designs and preparation for this.