26
Sun, Jan
41 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, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.

Our Latest Issue