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Balazs Toth Joins Telenor Common Operation as Legal Director in Hungary

Balazs Toth Joins Telenor Common Operation as Legal Director in Hungary

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Balazs Toth has joined Telenor Common Operation as its new Legal Director in Hungary.

TnCO is a technology service provider delivering network and IT services to Telenor business units. The company was established on October 1, 2013, to share the technical expertise and resources of the four CEE Telenor subsidiaries. Its headquarters are located in Torokbalint (Hungary), with branch offices in Belgrade, Sofia, and Podgorica.

Toth started his post-bar legal career in 1999 at the Radvanyi & Varga Law Firm in Budapest. In 2000 he left the firm to join the Oracle Corporation as its Legal Director and Compliance Officer for Hungary, Serbia, Bulgaria, and Montenegro. He spent almost sixteen years at Oracle before moving to Semmelweis University’s Innovation Centre, where he dealt with the legal aspects of medical and biotechnological inventions, various R&D&I projects and managed the technology transfer agenda from a legal perspective. In 2017 he was hired by the DHL Group as the Head of Legal, where he was responsible for the four DHL companies in Hungary, and was also a member of DHL’s Global e-Commerce Practice Group. His last role prior to joining TnCO on April 1, 2020, was a brief period in the FMCG sector as the Chief Legal Counsel for Dreher Breweries, a member of the Asahi Group.

“The dynamics of the telco business and the role of legal departments have changed significantly over the years and I’m thrilled to have the opportunity to re-build the legal department and the legal processes at TnCO. Exciting times are ahead of us and I’m looking forward to using my expertise and experience to contribute to the success of such a state-of-the-art and innovative company as TnCO.”

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.

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