The Hungarian Government has supported the Iskola Alapítvány (School Foundation) in Romania’s real estate investment. The investment will involve two big cities: Nagyvárad (Oradea) and Kolozsvár (Cluj-Napoca). The Sonnenfeld Palace, one of the largest and most beautiful buildings in Nagyvárad, has been purchased, according to HungaryToday.hu.
In the downtown of Oradea, the last Art Nouveau building for sale has been acquired by the foundation. The Sonnenfeld palace was built between 1911 and 1913 and is a significant piece of the Hungarian built heritage.
According to the Iskola Alapítvány’s plans, a unified cultural civil space will be created in the building, bringing together the Hungarian cultural community and the Szigliget Theater (which is already playing in the palace). The new facility will include a library, lecture halls, exhibition halls and offices of pedagogical and cultural associations.
The Nagyvárad program’s budget is HUF 2.47 billion. Levente Nagy Zoltán, chairman of the Iskola Alapítvány, said the implementation of the two programs contributes significantly to the maintenance of the Hungarian cultural life and provides many opportunities for development.
The Iskola Alapítvány in Kolozsvár bought the Minerva Association’s property—which consists of five partially inhabited and ruined estates.
The Iskola Alapítvány aims to utilize community property which has been relinquished from the Romanian state. The center will provide a cultural and scientific environment for the Transylvanian community. The Kolozsvár project’s budget is HUF 1,612 billion.
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