The
orchestra was formed in 1983 by Iván Fischer and Zoltán Kocsis, with
musicians "drawn from the cream of Hungary's younger players,"
as "TheTimes" of London put it. Their aim, through intensive
rehearsals and demanding the highest standards from musicians, was to
make the orchestra's initially three or four concerts per year
significant events in Hungary's musical life, and to give Budapest a new
symphony orchestra of international standing.
Between 1992 and 2000, extending their work to a full
season the ensemble operated under the aegis of the Budapest
Municipality and the new BFO Foundation, formed by fifteen Hungarian and
multinational corporations and banks. From the 2000/2001 season onwards
the orchestra is operated by the BFO Foundation, which the Budapest City
Council regularly supports under a contract renewable every five years.
The Festival Orchestra is nowadays not only a vital part of Budapest's
music life (usually performing to capacity audiences) but also a
frequent and much appreciated guest at the world's most important
centres of musical excellence: Salzburg (Summer Festival), Vienna
(Musikverein, Konzerthaus), Lucerne (Festival), Montreux, Zürich
(Tonhalle), New York (Carnegie Hall, Avery Fisher Hall), among others.
After having recorded on Hungaroton, Quintana, Teldec,
Decca, Ponty and Berlin Classics, the orchestra signed an exclusive
recording contract with Philips Classics in 1996. Its recording of
Bartók's The Miraculous Mandarin received the Gramophone Award, while
Diapason and Le Monde de la Musique chose it as their recording of the
year. Recordings of Liszt's Faust Symphony and Bartók's Concerto for
Orchestra were chosen among the year's five best orchestral discs by
Gramophone.
Numerous outstanding figures from the international music scene have
performed with the orchestra: Sir Georg Solti (who was the orchestra's
honorary guest conductor until his death), Yehudi Menuhin, Kurt
Sanderling, Eliahu Inbal, Charles Dutoit, Gidon Kremer, Sándor Végh,
András Schiff, Heinz Holliger, Agnes Baltsa, Ida Haendel, Martha
Argerich, Hildegard Behrens, Yuri Bashmet, Rudolf Barshai, Kiri te
Kanawa, Radu Lupu, Thomas Zehetmair, Richard Goode and others.
Among the orchestra's more important projects, its opera productions
have been widely acclaimed: The Magic Flute (Budapest), Cosi fan tutte
(Athens), Idomeneo (Budapest/Athens), Orfeo ed Euridice (Budapest/Brussesl),
Un Turco in Italia (Paris), the cycle of works marking the 50th
anniversary of Bartók's death (Budapest/Brussels/Cologne/Paris/New
York), the cycle of Mahler symphonies over several years (Budapest/Lisbon/Frankfurt/Vienna),
the series of performances for the centenary of Brahms' death and the
Bartók-Stravinsky cycle (Edinburgh/London/San Francisco/New York).