18
Mon, Nov
52 New Articles

Paroczi Leaves Budapest to Head Compliance at QAFCO in Qatar

Paroczi Leaves Budapest to Head Compliance at QAFCO in Qatar

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Peter Paroczi, the former Director Counsel for Harman International, has left the Budapest office of the US-based consumer electronics company toa become the Compliance Officer of the Qatar Fertiliser Company in Doha, Qatar.

Paroczi had been with Harman since 2017, after spending four years in private practice and then another seven in-house, first with Samsung Electronics, then at E.On.

Commenting on his move, Paroczi told CEE Legal Matters: "The reason why I took the position is that the size, complexity and the impact of the business that we are doing here is unparalleled. I am currently heading the compliance department at QAFCO, a petrochemical and energy giant, founded by the State of Qatar in 1969. The neck-breaking speed of the economic growth and global importance of Qatar is making this country a highly competitive and challenging destination for the lawyers from all around the globe. The unique blend of the international and GCC laws that is being used in the business here is making Qatar even more compelling. The high cultural diversity and witnessing this enormous economic growth from a front-row seat was a plus to me when I joined to QAFCO."

In August 2017, Paroczi was interviewed by CEE Legal Matters shortly after he joining Harman

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.

Our Latest Issue