Hungary’s specific domestic foreign direct investment (FDI) screening regime (affecting both ongoing and future cases) has been updated to include extended applicable deadlines and the possibility of multiple rounds of extensions. Additionally, the existing pre-emption mechanism – originally intended for transactions targeting solar developments – has been extended to cover all transactions blocked by the competent minister’s decision.
Important Changes in Civil Litigation
On 13 May 2025, the Hungarian Government submitted a bill to the Parliament on the amendment of several laws governing the justice system. The proposal could bring significant changes to civil litigation.
Navigating Shrinkflation: Hungary Leads the Way in Shrinkflation Regulation
DLA Piper's International Shrinkflation Guide provides a comprehensive overview of how different countries around the world are responding to the phenomenon of “shrinkflation” – the practice of consumer goods manufacturers reducing the size or quantity of their products while keeping prices unchanged.
Changes in Corporate Criminal Liability in Hungary: Plea Deals for Companies
Starting next year, the rules on corporate criminal liability in Hungary will undergo significant reforms aimed at making companies' participation in criminal proceedings more effective, predictable and proactive. Among the most notable innovations is the introduction of plea deals for companies, intended to enhance both accountability and cooperation between companies and criminal authorities.
DLA Piper Advises The Vita Group on EUR 81.5 Million Receivables Securitization
DLA Piper has advised The Vita Group on the launch of a three-year, EUR 81.5 million trade receivables securitization program. External funding was provided by Santander Corporate and Investment Banking and Finacity Corporation, with retained funding from Vita entities.
Legislative Boost for Energy Efficiency in Hungary
In April 2025, the Hungarian Parliament adopted significant amendments to the Act on Energy Efficiency, bringing about a major revision of the Energy Efficiency Obligation Scheme (EEOS). The new legislative package introduces a range of substantial changes aimed at accelerating the country’s transition toward a more sustainable and energy-efficient building stock while also providing a much-needed stimulus for the domestic construction and renovation sectors.
Three Partners Spin Off from Provaris to Form BLB Legal in Budapest
Former Provaris Varga & Partners TMT and corporate law Partners Adam Liber, Tamas Bereczki, and Aron Bagdi have spun off to launch BLB Legal, effective July 1, 2025.
Guest Editorial: “So Your Hourly Rate Is 500 EUR…”
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.