Hungarian National Bank Continues Buying Art Pieces

  • 2 Apr 2020 12:51 PM
  • Hungary Around the Clock
Hungarian National Bank Continues Buying Art Pieces
The National Bank’s property manager MNB-Ingatlan purchased 45 pieces of art created by János Fajó for Ft 350 million in mid-March, the EU public procurement website announced on March 27.

The works were purchased from the Fajó Foundation, which manages the artist’s work. Fajó, who died in 2018, dealt in geometric constructivism and is considered to continue the tradition set by Lajos Kassák.

The MNB’s Value Treasury programme, in which it spent Ft 30 billion on art pieces, ran between 2014 and 2018, but the bank has continued to purchase artwork since then.

MTI Photo of János Fájó: Gyula Czimbal

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