Gide Advises on LEGO Greenfield Project in Hungary

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Gide Loyrette Nouel's Budapest office has advised global toy maker LEGO on its construction of a EUR 354 million plant in the city of Nyiregyhaza, Hungary. 

The aim of the project was to expand the existing LEGO toy manufacturing facility, based since 2008 in Nyiregyhaza. The new complex is located on a 100-hectare site, with the manufacturing area built in under 12 months. According to the firm, the upgrade created 250 new jobs, which boosts LEGO's headcount to 1,500. The new plant's grand opening was celebrated on March 25, 2014, in the presence of the Hungarian Prime Minister.  

The Gide team was lead by Partner Eszter Kamocsay-Berta and included Associates Gabriella Galik and Marton Hajnal.