The EU intends to implement a horizontal regulation on the qualification, recycling, and waste management of batteries (Battery Regulation) aiming to replace the existing Batteries Directive. Once the EU approves the Commission’s proposal, the new regulation will make the batteries more sustainable throughout their entire lifecycle, according to EU officials. Given Hungary’s significant role in battery production, we summarize the additional statutory obligations and consequences that could be imposed on battery producers.
Halmos & Janosi Law Office Opens Doors in Budapest in Partnership with Niveus Legal
Former Hogan Lovells Senior Associates Tamas Halmos and Zoltan Janosi have established Halmos & Janosi Law Office which will operate in partnership with the Niveus Group under the Niveus Legal | Halmos and Janosi Law Office brand.
Gabor Simon Makes Partner at DLA Piper in Hungary
DLA Piper lawyer Gabor Simon has been promoted to a Partner position with the firm's Budapest office.
CJEU Ruling on Rest Periods - Hungarian Labour Law to Be Amended
In its recent judgment of 2 March 2023, the CJEU ruled on the concepts of daily and weekly rest period and their relation. The judgment fundamentally contradicts the approach reinforced in the Hungarian Labour Code this year; therefore the legislator has to change the concept of rest periods to comply with the EU Working Time Directive.
(In this article, we analyse the judgment 02/03/2023 - MÁV-START Case C-477/21)
Mandatory E-Invoicing Proposal Within the EU from 2028
From 1 January 2028, e-invoices will be mandatory for cross-border supplies of goods or services. with corresponding ‘near-real time’ reporting. The current maximum issuance requirement of 45 days post-taxable event is proposed to be shortened to just two days.
Hungary: Introduction to the New Company Act
The procedural rules applicable to the registration of companies in Hungary have been largely unchanged since the entry into force of the present Company Act of 2006 (Act V of 2006 on Public Company Information, Company Registration and Winding-up Proceedings). Now, these long-established practices are about to change, as a new Company Act (Act XCII of 2021 on the Registration of Legal Persons and the Registration Procedure) is being introduced by the legislator.
The Debrief: April 2023
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and stay up to date with the latest developments impacting their respective practice areas.
E-Mail Address as Personal Data
In a recently published judgment, the Curia ruled that a private e-mail address containing the full name of a natural person qualifies as personal data. However, the unlawful processing of personal data does not automatically constitute a violation of the right to the protection of personal data in the absence of other elements.
Schoenherr Advises Carrier on Acquisition of EUR 12 Billion Viessmann Climate Solutions
Schoenherr, working alongside Linklaters and Paul Weiss Rifkind Wharton & Garrison, has advised the Carrier Global Corporation on its acquisition of Viessmann Climate Solutions. Hengeler Mueller and, reportedly, Davis Polk & Wardwell advised Viessmann Climate Solutions.
Miklos Kadar Makes Partner at Allen & Overy in Hungary
Former Counsel Miklos Kadar – Head of Allen & Overy Hungary since May 1, 2021 – has been promoted to a Partner position with the firm starting May 1, 2023.
Annulation of the Municipality Decree Provisions on Air Passenger Tax by the Curia
On 28 March 2023, the Curia established that certain provisions of the municipality decree of the 18th District of Budapest on local taxes are contrary to other legislation, and therefore annulled the provisions on air passenger tax with retroactive effect to 1 January 2023.
Harassed at Work? Now It's All Coming Out
Under a law passed by Parliament yesterday, all companies with more than 50 employees will be obliged to have a whistleblowing system in place from December. Employers with 250 employees cannot wait any longer, as they will have 60 days to implement the system. The question is, of course, whether companies will see the regulation as another unnecessary administrative burden or whether it will trigger an avalanche of internal investigations.
Change in the NAIH’s Practice Regarding Copying Employee Files
The Hungarian Data Protection Authority (NAIH) recently issued a new guidance on the making and keeping of copies of employees' qualifications to comply with ISO 9001:2015 quality management standards.
New Whistleblowing Legislation Takes Effect in Hungary
What does the new whistleblowing system entail?
In line with Directive (EU) 2019/1937 of the European Parliament and of the Council on the protection of persons who report breaches of Union law, the Hungarian Parliament adopted a new law on complaints, whistleblowing and rules for reporting breaches, which replaces previous legislation. Below we have summarized the key points of the new rules. This information has been prepared for private sector actors.
The Correlation of ESG and the National Energy and Climate Plan of Hungary
The EU’s headline target for its Member States is to have a climate-neutral economy by the year 2050. To reach this goal, the European Commission have called on Member States to prepare their National Energy and Climate Plans (“NECPs”) as the first mandatory step towards the Energy Union.
What Is the Cost of an Overprotective Non-compete Agreement in Hungary?
Non-competition agreements are popular for protecting the employer’s economic interest in Hungary. While employers try to secure their businesses as much as possible by stipulating excessive restrictions in the non-compete clauses, it is not always the right tactic, as shown by a recent decision of a Hungarian appellate court. The analysis of this decision provides a perfect opportunity to see how not to fall into the pitfall of an invalid non-competition agreement in Hungary.
Hungary's Brand-new Whistleblowing Regime
On 11 April 2023, the Hungarian Parliament adopted a whistleblower protection act setting aside the previous one first adopted back in 2013.
Amendment of the Scheduling of Power Plant Connections
The specific connection procedure of power plants based on the requests of 2 May 2022 has been amended again, as a result of which deadlines set for authorized network operators are also amended. According to the government decree published on 29 March 2023, the new deadline to provide the technical and economic conditions for industrial-size power plants and electricity storage facilities as well as for all investments with a connection needed to a medium voltage network is 10 May 2023, while for the rest of the power plant investments it is 30 June 2023.