Hollywood in Hungary: New Film Studio Complex Opens Near Budapest

  • 31 Jan 2025 9:27 AM
Hollywood in Hungary: New Film Studio Complex Opens Near Budapest
Film involves art and industry at the same time, with art being free but the film industry requiring the state for development, Prime Minister Viktor said on Thursday at the opening of a new film studio complex of the Hungarian Film Institute in Fot near Budapest.

Orban said filmmaking was in Hungarians' blood, noting that Hungarians had been present at the birth of Hollywood, when the first silent films came out.

He added that Hungarian filmmakers had set off to conquer the world in the first half of the 20th century, and during the second half of the century film "helped us bear the unbearable and say what was not allowed to be said". He said that films made during communism had also contributed to the fall of the communist regime.

Orban said the momentum was lost after the change of regime, and the battle between "regime changers like us" and the "ancien régime" lasted for twenty years, which "was not good for Hungarian film".

He added that this was because the state also bore responsibility for the condition of the Hungarian film industry.

He said that the ill-fated film policies of the 2000s resulted in lost revenue of around 200 million dollars for Hungary. The formerly world-class Hungarian film infrastructure was allowed to deteriorate, and for a time Hungary fell off the map for global filmmaking, with other locations being chosen for international productions instead of Budapest.

Orban said that the national government, however, did not accept this and found Andrew Vajna as a person who understood what made a modern film good and how lost skills could be repaired.

He praised the work by Vajna, who acted as film commissioner until his death in 2019, stating that he had established the institutional system around the Hungarian Film Institute which was responsible for the renewal of Hungarian film and "without him we would not have arrived where we are now".

Orban said Vajna knew that film was art and industry at the same time.

He said that thanks to developments in the film industry, it currently attracts more than 100 billion forints in production spending. He added that even in the year of the pandemic, it generated 220 billion forints revenue and currently spending registered in the industry exceeded 250 billion forints. Orban noted the film industry employs more than 20,000 people.

Orban said such world-class studios were available in Hungary as Korda, Origo and Stern, which enabled the country to become the most sought-after film production hub in Europe after London.

He said the development in Fot had raised the Hungarian film industry to an even higher level, adding that the 42 billion forint investment was the all-time largest studio development project by the state.
 

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

  • How does this content make you feel?

Explore More Reports