Magyar Rádió (MR, The Hungarian Radio Corporation, also known internationally as Radio Budapest) is Hungary's publicly funded radio broadcasting organization. It is also the country's official international broadcasting station.
MR is managed and primarily funded by the Media Service Support and Asset Management Fund (Hungarian: Médiaszolgáltatás-támogató és Vagyonkezelő Alap, abbreviated MTVA).[1] This government organization, formed in 2011, also manages the public service broadcasters Magyar Televízió and Duna Televízió as well as the Hungarian news agency Magyar Távirati Iroda.
Ever since its foundation, the Hungarian Radio P.L.C. has been a "citadel" of domestic information, and cultural life. Since December 1, 1925, the institution has had a decisive role in forming the Hungarian public opinion, and general taste.
More information on the English [1] and Hungarian [2] Wikipedia pages.