In recent years, the European Union has paid special attention to the management of non-performing loans (NPLs), as these loans significantly impact the economic and financial stability of member states. As part of this effort, (EU) Directive 2021/2167 was introduced, which member states were originally required to implement into national law by 29 December 2023. However, in Hungary, the draft law aimed at implementing the directive was only presented to Parliament in March 2025.

On 11 March 2025, the Ministry of National Economy and the National Tax and Customs Administration of Hungary published an opinion regarding the taxation of assigning dividend claims into a trust structure.

CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Litigation in CEE.

Contributed by Oppenheim.

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.