03
Mon, Mar
89 New Articles

Kinstellar Advises SK Innovation on Acquisition of Land in Hungary for Construction of New Factory

Kinstellar Advises SK Innovation on Acquisition of Land in Hungary for Construction of New Factory

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

The Budapest office of Kinstellar has advised SK innovation on its acquisition of land in Ivancsa, Hungary, for its new automotive battery factory.

According to Kinstellar, “SK innovation is the third largest company in South Korea, operator of the largest oil refinery in the country, leader in the domestic petrochemical industry, and a global trader of crude oils and petrochemicals. This will be the company's largest European factory unit, [consisting of] a new e-battery plant with a capacity of 30GWh and entailing a total investment value of USD 2.29 billion, [making it] the largest greenfield investment in Hungary’s history.”

Kinstellar’s team was led by Partner Anthony O’Connor and Associate Barnabas Sagi.

Kinstellar did not reply to our inquiry on the matter.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

Firm's website.

Our Latest Issue