Despite a reduction in single-bid contracts, the GVH proposes additional measures to improve competition and transparency.

Pontes Budapest has advised Emeren Group on project financing in Hungary for its 52.4 megawatt-peak solar portfolio, secured in collaboration with Raiffeisen Bank Hungary. 

Horizons Alliance has appointed HKV Law Partner Martin Kluch as the new Head of CEE Energy and Infrastructure Practice Group with Erdos Partners Partner Balazs Varszeghi serving as Deputy Head.

The expansion of renewable energy sources, particularly photovoltaic (PV) systems, has been a cornerstone of Hungary’s strategy to diversify its energy portfolio and achieve sustainability objectives. However, the inherent variability of solar power generation presents challenges for maintaining grid stability and ensuring a reliable electricity supply.

Employer of record (EoR) services are becoming increasingly popular for companies looking to expand rapidly internationally. This allows a company to enter a market and recruit workers in another country quickly, efficiently and at lower cost without setting up a subsidiary. As with any panacea, however, it is important to be careful.

The Government of Hungary has recently adopted Government Decision 1089/2025 (III. 31.) on the country's Cybersecurity Strategy, effective between 2025–2030.

Schoenherr and Hogan Lovells have advised PTC on its acquisition of IncQuery Group. Act Legal and Winkler, Barna & Associates reportedly advised the sellers.

The Hungarian Government is committed to reducing environmentally harmful activities and protecting the environment. However, fines imposed by environmental authorities for violations related to environmental permits, noise pollution and air quality have remained unchanged for 15–20 years. The Government expects all investments to meet the highest environmental standards, and under the “polluter pays” principle, non-compliant companies will face penalties.

Over the past years, the number of casual and seasonal employees in Hungary has reached nearly 320 thousand, however, according to the Government, many employees are only registered as such because of the tax benefits associated with the forms of simplified employment.

If a bank fails to comply with its information obligations in consumer credit agreements, it may be deprived of its right to charge interest and other fees. This applies even if the severity of the violation and its consequences for the consumer varies from case to case.

On the evening of April 1, 2025, the Deal of the Year Awards Banquet brought together, under the same roof, over 200 top-tier lawyers from Central and Eastern Europe's leading law firms and General Counsel from across the region in Prague.

Schoenherr has advised UniCredit Bank Hungary on a design-and-build project to completely refurbish its country headquarters in Budapest and assigned to Fitout Zrt. as the developer.

According to the Hungarian government’s announcement, from October 2025, mothers with three children could also be exempt from personal income tax for the rest of their lives (this is already possible for mothers with at least four children since 2020), and the exemption would be phased in for mothers with two children.

CMS has promoted Romania-based Alina Tihan, Hungary-based Veronika Kovacs, and Bulgaria-based Borislava Piperkova to Partner, as part of its latest promotion round that saw a total of 56 lawyers elevated to partnership ranks.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With 2024 behind us, we asked: Looking at transactional volumes for this year, would you say that 2024 was better or worse than what you originally expected it to be, and why?

Private equity funds have become an increasingly popular investment vehicle in Hungary since the late 2010s, currently, the register of the National Bank of Hungary shows more than 165 private equity funds registered in Hungary. Although the availability of specific statistics is limited, based on the partial data, it can be estimated that the total assets of Hungarian private equity funds are roughly around HUF 3 trillion, i.e., close to 4% of the nominal GDP of Hungary.

On 15 January 2025, the new electronic land register was launched in Hungary, although the transitional rules currently still allow for the use of the previous paper-based procedure. At the end of February 2025, the Hungarian Government proposed amendments to the recently implemented electronic land registry system (E-ING) to enhance legal uniformity and bolster the security of real estate transactions.

Brandl Talos has advised Xund on a EUR 6 million pre-series A financing round led by Lead Ventures with participation from J&T Ventures and existing investors MassMutual Ventures, TBA network, and Lana Ventures. Herbst Kinsky, and reportedly Erdos Partners, advised Lead Ventures.