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Noerr Reports CEE Revenue of Over EUR 17 Million in 2016

Noerr Reports CEE Revenue of Over EUR 17 Million in 2016

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Noerr is reporting revenue of more than EUR 207 million world-wide, with EUR 190 coming from the German market and EUR 17 million of it coming from CEE.

According to Noerr, the firm's focus in the 2016 business year "was on the targeted, qualitative development of our business." According to Partner Alexander Ritvay, “we have invested further in specialization and digitalization and therefore strengthened the basis for further qualitative growth."

Our focus is on the expansion of strategic growth areas, our European market presence and international client work,” added Partner Tobias Burgers. “On the basis of this strategy revenue has more than doubled since 2008.”

The firm reports that its revenue in CEE remained stable, "despite an environment which was in some cases economically and politically difficult."

As of December 31, 2016, Noerr had a total of 485 professionals overall (91 of whom were in CEE), a decrease of six percent from the year before, when it has 517. 

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

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