In order to boost corporate lending and thus increase economic competitiveness, the legislator recently implemented changes to the Hungarian Companies Act. From 1 January 2024, companies will have to provide additional information about the finances of the company in the registration or modification procedures. In this article, we summarize the new rules and the related deadlines.
Rymarz Zdort Maruta and Gessel Advise on MCI Capital's Acquisition of Webcon
Rymarz Zdort Maruta has advised an MCI Capital fund on the acquisition of Webcon. Gessel advised the sellers.
DLA Piper Advises Washington Dental Service on Acquisition of 50% Stake in Software Developer 8 West Consulting
DLA Piper has advised Seattle-based Washington Dental Service on its acquisition of a 50% stake in 8 West Consulting.
Ellex Valiunas Advises E Energija Group on Sale of Stakes in Subsidiaries to Vilniaus Silumos Tinklai
Ellex Valiunas has advised E Energija group company Kogeneracija on the sale of 100% of shares in Miesto Energija and Pramones Energija and a 4,34% stake in Klaipedos Energija to Vilniaus Silumos Tinklai. TGS Baltic reportedly advised the buyer.
Stratulat Albulescu Advises Respira Verde and Founders on Partial Exit to OMV Petrom
Stratulat Albulescu has advised the founders of Respira Verde on the sale of 50% of their stake in Respira to OMV Petrom.
AxPartners and Pop & Partners Advise on Sale of Kepler Management Systems to Bittnet Group
Andronic x Partners has advised the shareholders of Kepler Management Systems on the sale of the company to the Bittnet Group. Pop & Partners advised the buyers.
Rowan Legal Advises Oriens Fund II on Acquisition of Sogos Fanam
Rowan Legal has advised Oriens Fund II on its acquisition of Sogos Fanam.