Hungary's new tax breaks, facilities are key draws

August 07, 2007 The chalky soil is good for the grapes -- the white wines of Eytek are among the best in Hungary -- and the panoramic vista from the hilltop offers uninterrupted views of green below and blue above stretching to the Buda hills far on the horizon. Once home to Soviet ballistic missile silos, today the hillside has been cleared of its Cold War contamination of bunkers, machine oils and munitions and a new world is taking shape. Investors in the $127 million Korda Studios include Demjan, Hungarian-born Hollywood producer Andrew Vajna, financier Nathaniel Rothschild and Canadian businessman Peter Munk.

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