Grand Boulevard (Budapest) Grand Boulevard (Budapest) Nagykörút or Grand Boulevard (sometimes "Great Boulevard", lit. "Big Ring Road") is one of the most central and busiest parts of Budapest, a major thoroughfare built by 1896, Hungary's Millennium. It forms a semicircle connecting two bridges of the Danube, Margaret Bridge on the north and Petőfi Bridge on the south. Usually the part inside and around this semicircle is counted as the city centre of Budapest (see Belváros). Nagykörút is actually a colloquial name of its five parts which connect to each other: (from north to south) Szent István körút, Teréz körút, Erzsébet körút, József körút
Budapest in the city, for instance deserve to mention the most well-known Prezi, LogMeIn or NNG. Budapest is the highest ranked Central and Eastern European city on Innovation Cities' Top 100 index. A good indicator of the city's potential for innovation and research also, is that the European Institute of Innovation and Technology chose Budapest for its headquarters, along with the UN, which Regional Representation for Central Europe office is in the city, responsible for UN operations in seven countries. Moreover, the global aspect of the city's research activity is shown through the establishment of the European Chinese Research Institute in