NEWSROOM

Hungarian Government introducing new restrictions to curb pollution

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.

EU presents the Clean Industrial Deal

The European Commission’s Clean Industrial Deal (CID), announced on 26 February 2025, aims to boost EU industry competitiveness while accelerating decarbonization.

No proper information, no interest for the banks

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 vary from case to case.

Congratulations to Krisztián Királyvölgyi

We would like to extend our warmest congratulations to our colleague, Krisztián Királyvölgyi on earning a new certification: Foundations of Management Program from SEED School for Executive Education and Development!

Rules on casual and seasonal employment have changed

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.

Landmark Decision by Hungarian Curia on Bank Frauds

In its recent decision of 19 February 2025, the Supreme Court of Hungary (‘Curia’) overturned the second-degree verdict that held fraud victims solely liable and ruled that financial institutions cannot automatically reject compensation claims. This landmark decision might open the doors for customers to claims against their banks in similar cases.

2024 Deal of the Year in Hungary

We are thrilled to announce that the winner of the Deal of the Year 2024 for Hungary was "Corvinus and Vinci Airports’ Acquisition of Budapest International Airport from AviAlliance, Malton, and CDPQ", in which transaction KCG Partners played an important role as well.

Legal 500 - 2025

It is a great honour that KCG Partners Law Firm has once again achieved outstanding results in the latest rankings of the Legal 500.

Hungarian Government to amend the enforcement rules of the land registry

On 15 January 2025, the new electronic land register was launched in Hungary, although the transitional rules currently still allow for the use of the previous paper-based procedure. At the end of February 2025, the Hungarian Government proposed amendments to the recently implemented electronic land registry system (E-ING) to enhance legal uniformity and bolster the security of real estate transactions.

Chambers Europe 2025

We are thrilled that the Employment Team of KCG Partners Law Firm has once again been recognized by Chambers and Partners in 2025.