The contract for the design and construction of the new Oradea Stadium was signed at the headquarters of the National Investment Company (CNI), an investment carried out through CNI under the authority of the Ministry of Development, Public Works and Administration.

CONA Operations, leader of the consortium with Prodesign Engineering & Construction, will design and build the new arena, which will have a capacity of 16,291 seats.
The new stadium will be built at 2 Făgărașului Street and will include, alongside the stadium itself, facilities such as a hotel, a restaurant, conference rooms and athlete recovery areas.
Under the contract, the design phase has a maximum term of 6 months, while the works are scheduled to be carried out over a period of 24 months.