This is not the sentence commonly heard in law firms across the region at the moment. But that might not be the case for much longer.
“Don’t Trust That Email” – An Increasingly Recurring Note from Law Firms
An increasing number of law firms have been publicly warning about the misuse of their names in phishing and cyberattacks. PRK Partners Partner Michal Matejka, Musat & Asociatii Partner Stefan Diaconescu, Gugushev & Partners Partner and Head of Data Protection Yoanna Ivanova, and DLA Piper Hungary Partner and Head of Intellectual Property and Technology Zoltan Kozma discuss the growing trend.
Hungary: Internal Investigations – Why a Robust Internal Policy Is the Best Corporate Safeguard
Internal corporate investigations are no longer occasional procedures but essential elements of organizational integrity and risk management. In Hungary, where labor law, data protection, and criminal law intersect, companies must handle investigations with diligence. While whistleblowing systems are mandatory for certain Hungarian organizations, effectively managing reports remains challenging. Establishing robust internal policies and adhering to data protection standards from the outset are the best safeguards against corporate liability risks, as improperly handled evidence may be inadmissible in legal proceedings. As a result, internal investigations must emphasize transparency, proportionality, and lawful data management, particularly when competition law or criminal law issues arise.
Oppenheim Advises CPI Europe on Sale of Marriott Hotel Budapest
Oppenheim has advised CPI Europe on its sale of the Marriott Hotel Budapest to undisclosed buyers.
Amendments to Hungarian FDI Control Regime
Significant amendments to Hungary's foreign direct investment (FDI) control regime entered into force on 24 June 2025, introducing expanded pre-emption rights for the state and revised procedural timelines.
New Law on the Protection of Local Identity
On 11 June 2025 the Hungarian Parliament adopted the proposal on the protection of local identity, essentially drafted to safeguard the interests of local communities in Hungarian municipalities, which was also published in the Hungarian Gazette on 16 June 2025.
The Hungarian ESG Act Will Be Amended Once Again
On 17 June 2025, the Hungarian Parliament adopted a bill on the establishment of the central budget for 2026, which would amend several laws, including the Hungarian ESG Act.
Kinstellar and KST Law Advise Allison Transmission on USD 2.7 Billion Acquisition of Dana Incorporated’s Off-Highway Business
Kinstellar and its Turkish affiliate KST Law, working with Latham & Watkins’ Duesseldorf office, have advised Allison Transmission Holdings on the acquisition of the Off-Highway business of Dana Incorporated for approximately USD 2.7 billion. Paul, Weiss, Rifkind, Wharton & Garrison advised Dana Incorporated.
Spring Tax Package 2025
The Hungarian Government’s Spring Tax Package adopted on 11 June 2025 introduced significant changes to tax legislation, aligning with international standards and strengthening domestic revenue strategies. The 91-page draft bill proposes multiple structural reforms to Hungary’s tax system. Several provisions previously regulated by Government decrees, such as the retail surtax and insurance tax, will now be incorporated directly into law. Additionally, new regulations are introduced and existing ones revised.
Hungarian Film Funding Rises to HUF 81 Billion in 2025
According to a government decree issued on 5 June 2025, the annual rebate amount to be deposited to the collection account for supporting Hungarian film productions increases from HUF 69 billion to HUF 81 billion in 2025. The rebate remains unchanged at 30%, however, an annual cap of HUF 407 billion for new registrations has also been introduced.
Oppenheim and Gardos, Mosonyi, Tomori Advise on MagNet Bank's Acquisition of Polgari Bank
Oppenheim has advised MagNet Bank on the acquisition of a controlling participation in Polgari Bank. Gardos, Mosonyi, Tomori advised the sellers.
Multifunctional Spaces, Customer Experience, and Green Technologies: How the Real Estate Market Is Responding to Challenges
Diverse trends, selective focuses and energy-efficient solutions will define the real estate market in 2025, according to DLA Piper Hungary's annual real estate intelligence report. Here is a summary of some of the key trends featured in the Hungarian Real Estate Intelligence Report.
Opportunities and Challenges in the CEE Energy Sector
Countries in the Central and Eastern European (CEE) region have set ambitious targets to increase the share of renewable energy sources. However, in many cases, there remains a significant gap between planned objectives and the actual installed energy generation capacities. Support schemes implemented in various countries—such as CAPEX subsidies—are increasingly making the sector attractive to investors, which in turn stimulates mergers and acquisitions (M&A) activity. The growing reliance on weather-dependent renewable electricity generation is also driving substantial investment demand in energy storage. Additionally, the region is seeing a rise in R+D projects focused on small modular reactors (SMRs) and alternative fuels, while the Li-ion battery recycling market is expected to experience explosive growth.
Schoenherr Advises Schott on EPC Projects
Schoenherr has advised Schott Hungary on four EPC projects with Strabag, Weinberg, and Szarnyas related to the construction of new production facilities called Bau5, Bau6, Bau9, and Bau10.
Companies May Have Six More Months to Comply with the NIS2 Directive
“To comply with the cybersecurity requirements of the NIS2 directive, affected businesses may get an additional six months to prepare,” announced the Supervisory Authority for Regulatory Affairs of Hungary (SZTFH) in a statement on 5 May 2025.
Hungary Centralizes Inventory Management for Medical Consumables
On 26 May 2025, the Hungarian Government published Government Decree 110/2025. (V. 26.) (the Decree), introducing a mandatory centralised inventory management regime for medical consumables used by public healthcare institutions. The Decree amends the regulatory framework under:
Interview with the AI Agent: The Legal Side of HR Sci-Fi
HR sci-fi is unfolding before our eyes: there is no doubt that HR technologies represent one of the fastest-evolving segments of digitalization and artificial intelligence. Today, it’s entirely common for candidates to be interviewed by AI chatbots, payroll processes to be assisted by AI-based software, and predictive analytics powered by AI to be used in workforce planning. While progress cannot be halted, it's essential to pay close attention to legal compliance requirements during this hyperspace-speed transformation—otherwise, poorly executed digitalization could lead to serious headaches.
Schoenherr Advises Bell Food Group on CEE Divestment of Eisberg Units
Schoenherr has advised Bell Food Group on the sale of its Eisberg business units in Poland, Romania, and Hungary to Green Factory.