Ukrainian organisers chose a Taiwanese firm on Tuesday to renovate the main stadium to be used in the 2012 European soccer championship following calls from UEFA to speed up tournament preparations.

Ukraine and Poland were chosen to host the tournament last year but were warned by UEFA president Michel Platini in January not to slip behind in modernising stadiums and infrastructure.

Archasia Design Group won the competition to begin work on on Kiev’s Olympic stadium, due to host the tournament final.

«At last all the preliminary work is over and the jury has decided on the best option,» Sports Minister Yuri Pavlenko said.

Few details were released but officials said costs would be within the government’s target of $300 million.

«The project will meet all vital requirements of UEFA for holding Euro 2012 − and this applies to the fans, the VIPS and media,» Evhen Chervonenko, head of the state agency overseeing preparations, told a news conference.

He said dismantling work on the 84,000 capacity stadium, first erected in the 1920s, was to begin on Wednesday.

An Archasia official also confirmed to Reuters in Taipei that the company had been chosen for the project.

«There are five days for other companies to appeal, but we don’t think it will be a problem for us,» Stan Lo told Reuters.

Archasia defeated 19 companies from Ukraine, Austria, Germany and Britain with 21 of 24 members of a tender commission voting for the Taiwanese firm, the sports ministry added.

The firm will also build the Olympic park at Sochi, Russia’s Black Sea resort which will host the 2014 Winter Games.