The Institute for Musicology of the Hungarian Academy of Sciences in the 2nd half of the 199(Ps acknowledged the importance of the long forgotten (half century) Jeno Hubay and accepted to finance research work by Laszlo Gumbos in what regards Jeno and his importance in Hungarian music, accepting at the Same that a Dissertation be made to the Hungarian Doctorial Council of the Academy of Music
Apart from the above event and the recognition of the Hungarian Academy of Sciences, as well as the public utilization of the Hubay name by official institutes, three different music ensembles were formed, as follows

Hubay Jeno Chamber Orchestra With artistic director Zoltan Kokenyessy Who is conductor Viola This Was founded in 1998, With members being young

The Budapest Hubay Jeno Chamber Orchestra Was formed With artistic director Maria Violin professor Of the Academy Of Music

A Hubay Jeno Youth Orchestra Was formed by the Music School in Budapest With members being Students coming from the same school