130 x 190 cm, hand-stitched carpet After the Hungarian private sector and retail trade were brought under state ownership between 1948 and 1950, the commercial trade of contemporary artworks also came under state control. In 1952, for the purposes of selling the works of its contemporary artist members, the Art Fund of the Hungarian People’s Republic established the Gallery Company …
130 x 190 cm, hand-stitched carpet The Studio of Young Artists (Fiatal Képzőművészek Stúdiója, FKS) was established in 1958 as a successor organisation to the Young Artists’ Creative Society, which had only existed for four years previously (1954–1958). The Studio’s aim was to support freshly graduated visual artists and to help them start their careers. By the 1960s, the Studio’s annual …
130 x 190 cm, hand-stitched carpet The Applied Arts Company (Iparművészeti Vállalat) was founded in 1954 as part of the decentralisation reforms of the arts that began during Imre Nagy’s prime ministership, under the professional supervision of the Art Fund of the Hungarian People’s Republic. Its tasks included the production of various gift and decorative items created by applied artists …
250 x 170 cm, hand-stitched carpet IDEA was founded in 1984 as a subsidiary of the Art Fund of the Hungarian People’s Republic and engaged in applied arts-related trade. Its tasks included the commercial distribution and sale of applied art objects. Following the change in regime, IDEA went bankrupt. Its liquidation proceedings began in 1990 and were completed in 2000, thus terminating IDEA …
250 x 170 cm, hand-stitched carpet Once the Hungarian art world had been brought under state control in 1948, a large state-owned art company was created whose name was changed several times. Initially it was known as the Fine Art Fund, then—with the merger with the Literary and Music Fund—it was referred to as the Art Fund of the Hungarian People’s Republic (Art Fund, for short). Its main …