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Palace of Arts is commonly known as Müpa - it is an abbreviation of the full Hungarian name, Művészetek Palotája. It is a cultural center with a total area of 70,000 m2. The Palace of Arts is home to the National Concert Hall Béli Bartóka, the Ludwig Museum of Contemporary Art and the Festival Theater.
The Concert Hall at the Palace of Arts can seat almost 1,700 people and is equipped with organs. Hungarian Philharmonic concerts regularly take place here. The Festival Theater has a 750 m2 stage and 452 seats.
The Museum of Contemporary Art presents the collections of the Peter Ludwig Foundation, covering mainly contemporary foreign art. The most important exhibits in the collection include the works of artists such as Andy Warhol, Claes Oldenburg and Robert Rauschenberg.
The modern building was designed by the company Zoboki, Demeter and Sp., And its construction lasted three years and was completed in 2005. The building is characterized by a simple, almost ascetic style and complete lack of decoration on the facade.