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Graphisoft plans to move to Hungary

According to a press release Graphisoft NV holds an annual general meeting on 10th May 2005. in Amsterdam, The Netherlands. The board will suggest to change type of the company to European Rt. The centre and control of Graphisoft NV was always in Hungary. With the company type change Amsterdam-based Graphisoft would move to Hungary, its presence in The Netherlands is no more necessary where the company never made business activity. Due to translocation the company estimates to save EUR 150,000-200,000 in administration and legal processes.