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Hungary plans three new studio facilities

Despite industry jitters over the future security of Hungary's 20% tax rebate for film production, developers have announced plans for three new facilities. The Hungarian press reports that construction should begin this spring on a studio complex located on a 15,000-hectare site in Rakospalota in northeast Budapest. Luxembourg-based Orco Group is developing the Rakospalota project with contractor Origo Filmstúdio Motion Picture Production Zrt. The developers ...

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