ADVERTISEMENT

MNB buys artworks for HUF 800 mln

Telco

Image by Jessica Fejos

MNB has closed a deal to buy 115 paintings from the Kövesi collection, online daily vg.hu reported on Monday. Kövesi István, a butcher from the Újlipótváros district of Budapest, also known as “Kosher Pisti” or “Pistike”, amassed his collection mostly in the ’60s according to personal preferences, usually from auctions. 

(Photo: Jessica Fejos)

Although the collection include artworks by well known artists such as Vilmos Aba-Novák, Imre Ámos, Róbert Berény, Sándor Bortnyik, Gyula Derkovits, József Koszta, László Mednyánszky, Izsák Perlmutter, József Rippl-Rónai, István Szőnyi and János Vaszary, it remained mostly unknown up until a recent exposition at the Kieselbach Gallery.

MNB also purchased Artpool Művészetkutató Központ’s 1965-1991 collection for HUF 90 mln. The National Bank has spent a total HUF 8.7 bln on artworks since the launch of its “Értéktár Program” (value custody program), including a Titian painting which was announced last week.

ADVERTISEMENT

MKIK: Local business tax should be maintained Analysis

MKIK: Local business tax should be maintained

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.