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Hungarian air traffic control company HungaroControl on Wednesday inaugurated its new headquarters in Budapest. The building, located next to Liszt Ferenc International Airport Budapest, is part of a HUF 13 billion complex development dubbed ANS III. The project also involved the update of the Magyar Automated and Integrated Air Traffic System (MATIAS). The ANS II is co-funded with €6 million by the European Union as part of the Trans-European Transport Network (TEN-T).