Recently, the Artificial Intelligence Coalition (MIK) informed the relevant committee of the Hungarian Parliament about possible trends in the sector. The MIK’s goal is clear: to put Hungary at the forefront of AI developments and applications in Europe and to become a member of the international AI community. In this process, it will bring together users, market players, academia, professional organisations and public institutions.

Former DLA Piper Senior Associate Mate Hajas has joined Kapolyi as Head of the firm's corporate team.

Former Cerha Hempel Budapest Partner has joined Erdos Partners to head the firm's M&A and corporate practice.

Peter Ruff was appointed to Partner at Pontes Budapest, where he will lead the corporate, M&A, private equity, and venture capital practices of the firm.

Nowadays, climate and environmental issues are increasingly important to many consumers. Being “eco” has become fashionable nowadays. Environmental issues are now recognized as an important market factor that allows a given company to improve its market position.

Linklaters, Freshfields, Bittera, Kohlrusz & Toth, and Herbert Smith Freehills have advised AviAlliance and co-shareholders on the sale of Budapest Airport to a consortium consisting of Hungarian state-owned Corvinus Zrt and French co-investor Vinci Airports for a total purchase price of EUR 3.1 billion and net debt of EUR 1.2 billion. CMS advised Corvinus. Kinstellar, working with Orrick, advised Vinci Airports. Wolf Theiss, working with Latham & Watkins, advised the lenders on financing the transaction.

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 keep our readers apprised of the latest developments impacting their respective practice areas.

The Hungarian Parliament recently adopted amendments to the notarial procedure, introducing significant changes that affect the reading of documents during notarial acts from 1 January 2025.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. While in the legal field maintaining client relationships is vital, there are occasions when law firms must end engagements. To explore some of the reasons that might lead to this, we asked: After accepting mandates, what have been the main reasons for which you ended up having to drop clients?

Heralded as a cornerstone of the national economy, the Hungarian automotive sector faces significant challenges but also promising opportunities. Baker McKenzie Partner Zoltan Hegymegi-Barakonyi, Lakatos, Koves & Partners Partner Adam Mattyus, Szecskay Senior Partner Judit Budai, and Kinstellar Sector Head and Senior Counsel Akos Nagy take a deep dive into the sector’s status amidst a backdrop of labor shortages, geopolitical shifts, and the government’s concerted efforts to continue growth and maintain global competitiveness.

After eight years with the MET Group, Legal Director Sandor Zorad reflects on the company’s path to international expansion.

An in-depth look at Balazs Dominek of Szabo Kelemen & Partners Andersen Attorneys covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office.

On February 14, 2024, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) approved the Network Development Plan 2023 submitted as a result of the coordinated work of the Hungarian TSO (transmission system operator – MAVIR Zrt.) and distribution network operators.

Former Noerr Partner Edina Schweizer has joined Dentons as Partner and Head of the Hungarian Banking and Finance team. Barbara Vighne Herczegfalvi also joined as an Associate.

Kinstellar has advised the MOL Group on its  EUR 1.3 billion new polyol complex in Tiszaujvaros, Hungary.

Former Gardos Mosonyi Tomori Partner Veronika Bakonyi has joined Lakatos Koves and Partners' Banking Finance and Capital Markets team as an Attorney at Law.

For our Checking In feature, we reach out to partners and heads of practice across CEE to learn how specific practice areas are faring in their jurisdictions. For this piece, we asked firm Labor experts:  Have whistleblowing regulations been implemented in your jurisdiction and would you advise companies to use an external solution or an in-house one? Why?

Despite the original plan to transfer to Kinstellar, the Noerr Budapest office will continue as an independent firm from June 1, 2024.