Madirazza & Partners has advised Abris Capital-backed Dental Holding on its acquisition of Sanitaria Dental and SCL Logistika in Croatia, and Sanitaria in Hungary. DLA Piper reportedly advised Dental Holding as well.
The Issue of Purchasing Loan-Encumbered Real Estates Will Be Solved
The new Real Estate Registration Act that came into effect in January restructured the system for registering properties purchased in installments or subject to conditions, and introduced the so-called buyer's right. However, since January, there has been considerable debate regarding whether the buyer's right can be registered on properties involved in bank financing (and therefore under alienation and encumbrance prohibition). A recently enacted amendment to the law, however, resolves this issue.
Keeping Things Fresh in Hungary: A Buzz Interview with David Kiss of Ban, S. Szabo, Rausch & Partners
Hungary’s real estate sector remains strong despite regulatory changes and delays in digital systems, according to Ban, S. Szabo, Rausch & Partners Partner David Kiss. Industrial projects and planned infrastructure around the nationalized airport may boost the economy, though growth is uncertain amid frozen EU funds.
Unexpected Turnaround for Loan Agreements Denominated in Foreign Currencies
In Hungary, foreign currency-based loan contracts became popular in 2006, as they were available at significantly lower interest rates than their forint-based counterparts. However, during the 2008 financial crisis in Hungary, debtors who had previously signed a foreign currency loan contract (most typical case was the Swiss franc loan), found themselves in an extremely difficult situation, due to exchange rate fluctuations and the crisis. Many families' repayments have tripled, leading to mass foreclosures.
Schoenherr Advises Bonduelle on Lease Negotiations
Schoenherr has advised the Hungarian subsidiary of Bonduelle on its lease agreement with GTC for their new office in Budapest.
CMS Advises PACCOR Hungary on Management Buy-Out of Debrecen Blow-Molding Division
CMS has advised PACCOR Hungary on the carve-out and sale of its blow-molding business line in Debrecen to the local management team. Dobrossy and Tarsai reportedly advised the buyers.
Transfer Pricing ’Task Force’ in Hungary
As of 2025, the Hungarian Tax Authority (NAV) has established specialized transfer pricing expert departments, indicating an increased focus and scrutiny on transactions between affiliated companies. The three new departments are located in Budapest and in the eastern and western parts of Hungary (one in each region) and have special competence regarding the complex transaction between affiliated parties within Hungary or cross-border alike.
Peter Sukosd Joins Auchan Retail Hungary as Company Secretary
Former Legal, Compliance and Public Affairs Director at eMAG Hungary Peter Sukosd has joined Auchan Retail Hungary as its new Company Secretary.
The Epidemic of Generic: The Problem with Law Firm Messaging
Big law firms can coast on boring slogans. They’ve got the clout, the infrastructure, and the impressive list of past clients to do the talking. But if you’re a smaller firm and your website sounds like everyone else’s, you are disappearing into the beige background of legal marketing noise.
Wolf Theiss Advises GoldenPeaks Capital on Commissioning of Bodroghalom Solar Power Plant in Hungary
Wolf Theiss has advised GoldenPeaks Capital on the commissioning of its 64.56-megawatt Bodroghalom solar power plant in Hungary.
New NPL Act in Hungary
Hungary has taken major strides towards modernising its framework for non-performing loans (NPLs) with the introduction of Act XII of 2025 on servicers of non-performing credit agreements and purchasers of non-performing credit agreements. The new legislation, which will come into force on 16 May 2025, implements the EU's Directive 2021/2167 into Hungarian law, thereby establishing a comprehensive system for the transfer, management and servicing of NPLs. These reforms are poised to transform the Hungarian NPL market, creating new opportunities and responsibilities for both domestic and international investors.
Kinstellar and DLA Piper Advise on MVM's Sale of Telecoms Subsidiary MVM NET to Pro-M
Kinstellar has advised MVM on the sale of its entire stake in telecommunications subsidiary MVM NET to Pro-M. DLA Piper advised Pro-M.
DLA Piper Hungary Appoints Andras Orban and Viktor Romsics to Heads of Practice
DLA Piper has promoted Andras Orban to Counsel and Head of Equity Capital Markets and Viktor Romsics to Counsel and Head of Infrastructure, Construction, and Transport.
Dentons Mints New Partners
As part of its latest promotions round, Dentons has elevated Karolina Cotronei, Ali Can Goren, Baris Yuksel, and Kamran Pirani to Partner.
Kinstellar, Greenberg Traurig, Clifford Chance and Lakatos, Koves and Partners Advise on CCC's PLN 3.66 Billion Sustainability-Linked Financing
Kinstellar and Greenberg Traurig have advised CCC on its recent PLN 3.66 billion (approximately EUR 850 million) financing increase provided by a consortium including mBank, the EBRD, Bank Pekao, BNP Paribas Bank Polska, PKO Bank Polski, Santander Bank Polska, and Bank Handlowy w Warszawie, alongside Santander Factoring, mFaktoring, PKO Faktoring, and BNP Paribas Faktoring. Clifford Chance and Lakatos, Koves and Partners advised the banks.
Why Most Law Firm Websites Won’t Meet the 2025 Accessibility Deadline
The European Accessibility Act (EAA), approved in 2019, takes effect on June 28, 2025. The Act requires a wide range of products and services – such as consumer electronics, vending machines, websites, and mobile apps – to meet accessibility standards for people with disabilities.
From This Summer, Companies Will Have To Comply With a Number of New Accessibility Requirements
In line with relevant European legislation, from 28 June 2025, new accessibility provisions will apply in Hungary to certain products and services, affecting a wide range of companies.
Kinstellar Advises MVM Group on CCGT Power Plant Project at Tisza Power Plant
Kinstellar has advised Hungary’s state-owned energy company MVM Group on the public procurement and development of a new nearly-1-gigawatt combined-cycle gas turbine power plant at Tiszaujvaros in North-East Hungary.