- 21 Apr 2020 10:13 AM
- Hungary Matters
Under the project, four new soundstages will be built on 9,600 square metres, boosting total studio capacity fivefold, to 12,200sqm, Csaba Káel told Kossuth Rádió.
Implemented under the government’s economic protection action plan, the Fót base expansion will be Hungary’s largest ever state-funded film studio development project, Káel said.
It has Europe’s largest outdoor water tank which was used in the shooting of Blade Runner 2049 and Terminator: Dark Fate.
“The Hungarian motion picture industry is a success sector of the Hungarian economy with direct film production spending exceeding 100 billion forints (EUR 283m) every year since 2017.
The contribution of the film industry to the country’s GDP is outstandingly high by European comparison.
Budapest is the second most popular filming location on the continent after London,” Káel told the programme. He noted the 30% tax rebate foreign productions receive in Hungary under a government decree enacted three years ago.