Hungary has officially risen to the second most important film production center in Europe, right behind London. Thanks to its rapidly growing production infrastructure and attractive incentives, the country has become a preferred destination for major film and TV projects. In 2023 alone, film production spending in Hungary reached 835 million EUR ($880 million USD), a remarkable fourfold increase since 2018.
According to Csaba Kael, Hungary’s government commissioner for film, this significant growth can be attributed to a combination of competitive tax incentives, world-class film studios, and a skilled production workforce, positioning Hungary as a major player in the global production industry.
Why Hungary Is Europe’s New Film Powerhouse
Several key factors have contributed to Hungary’s rise as a top filming destination:
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Tax Incentives: Hungary offers up to 30% in tax rebates for production spending, making it an appealing option for international studios looking to stretch their budgets. These financial benefits have become a critical factor for Hollywood studios and independent filmmakers alike, offering significant cost savings compared to other European production hubs.
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World-Class Studios: Hungary is home to some of Europe’s top-tier production facilities, including Stern Studios, Origo Studios, and Korda Studios. These cutting-edge facilities are equipped to handle everything from independent films to major Hollywood blockbusters, providing flexible soundstages, advanced technologies, and comprehensive post-production services.
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Skilled Talent and Crews: Hungary boasts a highly experienced production workforce, known for its technical expertise and professionalism. Whether it’s on-set crew, post-production specialists, or technical support, Hungary has the talent to deliver high-quality productions.
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Diverse Locations: From the vibrant streets of Budapest to its picturesque countryside, Hungary offers a variety of shooting locations that appeal to filmmakers looking for versatility. These unique settings, combined with the country’s rich architectural heritage, make Hungary a compelling choice for productions across all genres.