Oppenheim has partnered up with the Korean law firm Jipyong by signing a memorandum of understanding, leading to Jipyong opening a Korea Desk in Hungary.
"Central and Eastern Europe is emerging as a significant investment area for Korean companies, owing to its status as a production hub for Europe, its integration into the European value chain, and potential for market diversification," an Oppenheim press statement read. "Hungary, in particular, is viewed as an attractive destination for investment by Korean firms because of its strategic position at the intersection of Eastern and Western Europe, providing access to the entire European market."
According to Oppenheim, “to better serve the increasing legal needs of Korean companies entering the Central and Eastern European market, the Korea Desk opened at Oppenheim benefits from a strong local presence," with the firm stating that "an additional partner-level attorney will soon join the team to collaborate with Oppenheim and Jipyong’s CEE team in providing seamless and effective legal advice."
