Hungary
First class legal services in the heart of Europe
Since 2007, the team in our Budapest office has used its local and international experience to handle complex domestic and multi-jurisdictional matters. The team regularly advises foreign investors on setting up new businesses and on equity/asset acquisitions from existing businesses, as well as in arranging joint ventures with local partners in Hungary and the wider CEE/SEE region.
Our team of over 35 lawyers in Budapest provide client-focused and industry-driven advice in all aspects of investment and business law, including mergers and acquisitions, banking and finance, restructuring, as well as projects and infrastructure, each in combination with first class tax advice if desired. The team has a particular strength and niche expertise in handling matters arising in the regulated industries such as energy, banking, TMT and life sciences.
Why Wolf Theiss Budapest?
Because of our industry expertise, we understand the business and competitive environment of our clients. This enables us to provide useful advice not only from a legal perspective but from a business point of view as well.
With a track record of managing cross-border transactions and a distinctive strength in highly regulated sectors like energy, finance, telecommunications and life sciences, our Budapest team is strategically positioned to address complex challenges across diverse markets. Our in-depth knowledge and specialised approach make us a trusted partner for clients navigating regulatory requirements and achieving business objectives across Hungary and beyond.
We are also one of the very few law firms in Hungary equipped to combine legal services with tax advisory, which is crucial in most mandates and deals.
Hungarian Bar Association accredited trainings – Follow this link to register for and access our professional legal training sessions.
” One interviewee confirms: “Wolf Theiss does lead the market.“
– Chambers Europe
“Precise, law abiding and professional”
“Trust, transparent, confidentiality, long term collaboration.”
– The Legal 500
We are in the business of facilitating deals. We work proactively towards finding solutions and consensus to ensure the success of any mandate. As our aim is to exceed our client’s expectation of an international law firm, we provide advice not only from legal and tax but also from a business perspective.
– Zoltán Faludi, Budapest Managing Partner
“Clients highlight the firm’s “knowledge of the specific market and related applicable law.”
“Another client underlines that “the team keeps in contact with clients very well, the results are on time and the quality is perfect.”
– Chambers Europe
“They are very dedicated to client relationships so that you always feel valued and in safe hands. Their communication is persistently clear and to the point, no unnecessarily long statements, and no missing information”.
– The Legal 500
Related insights
Wolf Theiss advises Duo Energy on the acquisition of a 24 MW solar project in Nyírpazony, Hungary
Budapest, 9 October 2025 – Wolf Theiss acted as legal advisor to Duo Energy, a leading Turkish renewable group, in conne...
Read moreVAT treatment of loyalty schemes: key takeaways from the Advocate General’s opinion in the Lyko case
In this Client Alert, Senior Associate János Pásztor and Associates Bence Kálmán and Bálint Apáthy provide an overvi...
Read moreCancellation of accommodation reservations and VAT: new guideline from the Hungarian tax authority and practical steps for accommodation providers
This Client Alert is available in both English and Hungarian. At the beginning of autumn, when the summer season ends and ...
Read moreStrengthening the Hungarian “mall stop” regulation – what real estate market players can expect
This Client Alert is available in both English and Hungarian. On 18 August 2025, Government Decree No. 274/2025 (VIII. 18....
Read moreWolf Theiss advises Advent International on the acquisition of a majority stake in Reckitt’s Essential Home portfolio
Warsaw, 4 August 2025 – Wolf Theiss advised Advent International, a leading global private equity investor, on its inves...
Read moreCrypto exchanges in Hungary: legal uncertainty and criminal liability from 1 July 2025
In a rapidly evolving global landscape, regulatory expectations are becoming increasingly complex. While transitional peri...
Read moreTightening the grip – Hungary introduces updates to its foreign investment screening processes
Hungary’s specific domestic foreign direct investment (FDI) screening regime (affecting both ongoing and future case...
Read moreWolf Theiss advises GoldenPeaks Capital on the commissioning of 64.56 MW solar power plant in Hungary
Budapest, 9 May 2025 – Wolf Theiss acted as legal advisor on complex EPC contracting and trustee coordination for a 64.5...
Read moreThe AI wave in defence: What it means for Europe’s security, industry and legal landscape
Artificial intelligence in defence is no longer a future concept – it is already reshaping the battlefield. From autonom...
Read moreLife Sciences Bulletin: Hungarian Medicines Authority resumes investigations into pharma promotions
The Hungarian National Centre for Public Health and Pharmacy (NNGYK or the Authority) has issued its first decision in mor...
Read moreWolf Theiss advises Uniper on the construction of new photovoltaic projects in Hungary
Budapest, 6 March 2025 – Wolf Theiss has advised Uniper, one of Europe’s largest energy companies, on the implemen...
Read moreWolf Theiss advises Standard Motor Products on completion of Nissens Automotive acquisition
Warsaw, 12 December 2024 – Wolf Theiss acted as local counsel to Standard Motor Products, Inc. (“SMP”), a le...
Read moreWolf Theiss advises BNP Paribas Personal Finance on the sale of Magyar Cetelem Bank
Budapest, 14 October 2024 – Wolf Theiss advised BNP Paribas Personal Finance on Hungarian legal and regulatory aspects i...
Read moreCollision of Foreign Retention of Title with Hungarian Asset Pledge: Critical Legal Insights for Export-Import Companies
Budapest, 8 August 2024 – Wolf Theiss highlights the complexities faced by export-import companies when dealing with for...
Read moreCollision of foreign retention of title with Hungarian asset pledge: Important legal information for export-import companies
In export-import trade transactions across Europe, sellers commonly protect their assets by retaining the title of ownersh...
Read moreAmerican Industrial Partners to acquire AGCO Corporation’s Grain & Protein division with M&A and regulatory support from Wolf Theiss
Vienna, Prague, Budapest, 7 August 2024 – Wolf Theiss advises American Industrial Partners (AIP), a global industrials i...
Read moreWolf Theiss advises Standard Motor Products on its acquisition of European Aftermarket Supplier Nissens Automotive
Warsaw, 16 July 2024 – Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributo...
Read moreWolf Theiss Advises American Industrial Partners on Strategic Investment in Austin Powder
Vienna, Prague, Budapest, Bratislava, Warsaw, 12 July 2024 – Wolf Theiss provided legal advice to American Industrial Pa...
Read moreLife Sciences Bulletin: New public foundation to oversee exceptional drug funding in Hungary as of 2025
Commencing in 2025, the Batthyány-Strattmann László Foundation will assume the responsibility of managing applications ...
Read moreEmployment Brief: legal implications of live-quitting and employee ghosting in Hungary
Live-quitting (or Quit-Tok1) and employee ghosting2 continue to gain traction among employees in Hungary. The termination ...
Read moreWolf Theiss advises BKM Budapest Public Utilities on consolidating 100% ownership of public lighting in Budapest
Budapest, 9 April 2024 – BKM Budapest Public Utilities Nonprofit Plc. will acquire E.ON Hungária Plc.’s 50% s...
Read moreLife Sciences Bulletin: CJEU ruling on the online sale of OTC medicines may impact Hungarian market
The recent judgement of the Court of Justice of the European Union (“CJEU”) on the sale of over-the-counter (O...
Read moreHungarian legislation reform related to centralised procurement for institutional pharmacies
The governmental decree published on 22 February (No. 33/2024 (II. 22.)) sets forth the establishment of a new project com...
Read moreOrder of preference and a new capacity allocation regime in the Hungarian green energy market
Decade-long changes in grid connections The latest government package to support further growth in green energy was introd...
Read moreLife Sciences Bulletin: Recent notable changes to life sciences regulation in Hungary
A reorganisation of the authorities regulating the pharma sector and new legislative pieces havebrought notable changes to...
Read moreDigital Services Act explained: New obligations for online businesses and other digital services
The EU Digital Services Act (DSA) has introduced a new liability and compliance framework for digital services offered to ...
Read moreWolf Theiss advises Kyoto Group on delivery of one of a kind Heat-as-a-Service (HaaS) to a major Hungarian food ingredient producer
Budapest, 04 December 2023 – Wolf Theiss Budapest has acted as lead legal counsel to Kyoto Group during the contractual ...
Read moreWolf Theiss advises Orkla Food Ingredients AS in Strategic Partnership with Rhône Group LLC
Bratislava, Budapest, Prague, 23 November 2023 – Wolf Theiss, acting under the leadership of lead counsel Wiersholm, adv...
Read moreWolf Theiss assists market leader VIENNA INSURANCE GROUP AG with its strategy to increase its stake in Hungarian holding company VIG Magyarország from 55% to 90%
Vienna, 22 November 2023 – Wolf Theiss is advising Vienna Insurance Group (VIG), with regard to all legal and regulatory...
Read moreBeyond VLOPs and Gatekeepers: Countdown to the full application of the EU Digital Services Act (DSA)
The Digital Services Act (DSA) is set to overhaul and expand the EU’s regulatory framework for online intermediary s...
Read moreWolf Theiss expands its Corporate and M&A team in Poland by introducing 27 new members
Warsaw, 5 July 2023 – Wolf Theiss announces the expansion of its Corporate and M&A team in Poland with the addition ...
Read moreWolf Theiss expands its Corporate and M&A team in Poland by introducing 27 new members
Wolf Theiss is pleased to announce the addition of new teams of experienced corporate and M&A lawyers who will join it...
Read moreWolf Theiss advises RBI Group on nine Debt Capital Markets trades in Austria, Romania and Hungary
Vienna, Bucharest, Budapest, 26 January 2023 – Wolf Theiss acted as legal advisor to Raiffeisen Bank International AG (...
Read moreCorporate Sustainability Reporting Directive – New reporting requirements for undertakings in the EU
available also in Slovenian below The Corporate Sustainability Reporting Directive (“CSRD”)1 entered into forc...
Read moreNewest EU sanctions against Russia target military capabilities, propaganda tools and more
Discussions also underway on even enactment of criminal offences for sanctions violations In addition to other areas, the ...
Read moreHungary: Further tightening of grid connection rules – existing grid connection rights could also be at risk
*available in Hungarian below A new government decree on the application of Act No. LXXXVI of 2007 of Hungary on electrici...
Read moreGDPR international data transfers: Commission’s Draft Privacy Shield Replacement
Transition period for new Standard Contractual Clauses to expire on 27 December 2022 Earlier this week the European Commis...
Read moreThe Unitary Patent System creates a new possibility for patent protection in the European landscape
*this article is available for download below in English and German Unitary Patent System offers new opportunities for com...
Read moreThe Wolf Theiss Guide to Generating Electricity from Renewable Sources in CEE & SEE
Market and geopolitical factors drive renewed focus on renewable energy production the laws / regulations governing the ge...
Read moreHungarian Energy Market: Energy market players that are members of the MSZKSZ will face rising costs over the next six months
*available also in Hungarian below Some energy trader costs related to gas stockpiling will increase in the future and the...
Read moreEuropean Health Data Space: the future of health data access and sharing in the EU
The Covid-19 pandemic has highlighted the need to have timely access to and sharing of health data, which has in turn enco...
Read moreHungarian Energy Market: Changes to capacity rules on available grid connection – what can developers expect?
*available in Hungarian below Introduction Critical information for power plant investors and developers: due to the armed...
Read moreWolf Theiss Debt Capital Market Team closes 29 deals with total issue volume of more than EUR 10 billion
The Wolf Theiss Debt Capital Market Team successfully advised on 29 benchmark and subbenchmark deals with a total issue vo...
Read moreHungarian Energy Market: Energy authority warns on gas contracts for next year as options narrow
*available in Hungarian below “On 1 October, the contracts of free market gas purchasers expire, so it is advisable ...
Read moreRenewable Energy on the Rise in CEE/SEE region – Wolf Theiss Presents In-Depth Guide for 2022
Wolf Theiss has published the newest edition of its comprehensive guide to “Generating Electricity from Renewable So...
Read moreHungarian Energy Market: Producers received a major stop sign for exiting renewable support schemes
(also available in Hungarian below) Background As a result of the recent electricity price increases, producers taking par...
Read moreHungary: First Publication Procedure for Power Plant Connection to Transmission Grid expected in May 2022
The Hungarian Electricity Transmission System Operator Ltd. (MAVIR or TSO) held a public consultation on 24 February 2022 ...
Read moreHungary: Substantial changes in the connection of small power plants to the distribution network
The Hungarian Energy and Public Utility Regulatory Authority (HEPURA) approved Amendment No. 16 to the Distribution Code o...
Read moreWolf Theiss advises 4iG Nyrt on the acquisition of a majority stake in ALBtelecom
13 December 2021 – The Hungarian IT and Technology group 4iG Nyrt relied on the legal expertise of Wolf Theiss in the ac...
Read moreEnergy price crisis in Hungary: Exiting renewable energy support schemes is an option for developers
The unforeseen energy market conditions this year – in particular the dramatic increase of the electricity prices – ha...
Read moreMETAR tender in Hungary: Changes in the procedural rules and financing instruments
Introduction Earlier this month, some important legislative changes were announced regarding the METAR tender, which aims ...
Read moreInternational data transfers: EDPB’s final recommendations on ‘supplementary measures’
On 18 June 2021, the European Data Protection Board adopted its final version on ‘supplementary measures’ for ...
Read moreFor artificial intelligence to change your business, you need to get your house in order
AI can’t just be plugged in, you have to give it what it needs first: data & training Artificial intelligence is...
Read moreChange of Use of Real Estate – How to Optimize a Property – Czech Republic, Hungary & Slovakia
Covid-19 is impacting the current use of real estate. This can be seen, for example from the decreasing demand for retail ...
Read moreLegislative changes affecting energy trading in Hungary and the regulator’s interpretation
Important changes were introduced in the Hungarian legal system in February 2021 which have a significant impact on energy...
Read moreThe Wolf Theiss Guide To: Ultimate Beneficial Ownership Register in Central, Eastern & Southeastern Europe
Wolf Theiss carefully monitors the developments and challenges related to the increasingly complex legislation designed to...
Read moreWolf Theiss advises Kommunalkredit Austria AG on the financing of 8 solar power plants in Hungary
Vienna, 15 October 2020 – New Green Deal for Wolf Theiss: Wolf Theiss advised Kommunalkredit Austria AG on the financing...
Read moreHow do you start your career in a law firm? Two associates share their experience
What is it like to be an intern at Wolf Theiss? Who could answer this question better than our team members which either s...
Read moreEuropean commission adopts package of measures for the recovery of the capital markets
On 24 July 2020, the European Commission decided on a package of measures for the recovery of the capital markets. With re...
Read moreWolf Theiss vertritt Steinhoff beim Verkauf des Kika/Leiner Immobilienportfolios an die Signa-Gruppe
Wien, 21. Juni 2018 - In einem Herzschlagfinale ist es der Steinhoff-Gruppe am Donnerstag gelungen, mit rechtlicher Unters...
Read moreWolf Theiss grows its corporate and LDR team in Budapest: with partner Ákos Erős a team of 4 lawyers join from Squire Patton Boggs
Budapest, 12 September 2018 - Wolf Theiss has announced the appointment of a new team in Budapest: the team includes M&A e...
Read moreCJEU invalidates EU-US privacy shield framework and introduces further restrictions on data transfers to non-EU countries
On 16 July 2020, the Court of Justice of the European Union (CJEU) issued a long-awaited decision in a dispute between Fac...
Read moreCartel damages claims: European Commission guidelines to estimate the passing-on of harm caused by cartels
The number of cartel damages claims before national civil courts in Europe has dramatically increased over recent years. T...
Read moreThomson Reuters Practical Law – Private mergers and acquisitions in Hungary: Overview
János Tóth was the author of the Hungarian chapter of Thomson Reuters' global guide to private mergers and acquisitions.
Read moreThe Wolf Theiss guide to: Generating Electricity from Renewable Sources in Central, Eastern & Southeastern Europe
Wolf Theiss is pleased to publish this redesigned, eighth (8th) edition of The Wolf Theiss Guide to: Generating Electricit...
Read moreWolf Theiss completes asset deal for acquisition of ABC Data and ABC Data Marketing by ALSO Holding AG
Warsaw, 5 July 2019 – Wolf Theiss advised ALSO Holding AG, one of the leading providers of ICT distribution, solutio...
Read moreWolf Theiss advises Kyocera on its acquisition of 100% ownership of Van Aerden Group
Vienna, 21 February 2019 – Wolf Theiss has advised Kyocera on its acquisition of 100% of the shares of Van Aerden Group ...
Read moreThe Wolf Theiss Guide to: Dispute Resolution in Central, Eastern & Southeastern Europe
This 2018 Wolf Theiss Guide to Dispute Resolution in Central, Eastern & Southeastern Europe is intended as a practical gui...
Read moreThe Wolf Theiss Guide to: International Arbitration in Central, Eastern & Southeastern Europe
This 2018 Wolf Theiss Guide to International Arbitration in Central, Eastern & Southeastern Europe is intended as a practi...
Read moreThe Wolf Theiss Guide to: Handling Business Crime Cases in Central, Eastern & Southeastern Europe
This 2018 Wolf Theiss Guide to Handling Business Crime Cases in Central, Eastern & Southeastern Europe is intended as a pr...
Read moreThe Wolf Theiss Guide To: Licensing of Electricity and Gas Wholesale Activities in Central, Eastern & Southeastern Europe
Wolf Theiss is pleased to publish the second edition (2018) of “The Wolf Theiss Guide To: Licensing of Electricity a...
Read moreWolf Theiss freut sich über IFLR Award 2017: Heta-Deal als “Restructuring Deal of the Year” gekürt
Wien/London, 21. April 2017 – Wolf Theiss wurde bei der Verleihung der 2017 International Financial Law Review Europ...
Read moreWolf Theiss named “Central and Eastern Europe Law Firm of the Year” at Chambers Europe Awards for excellence
Vienna/London – 11 April 2017 – Wolf Theiss has been named "Central and Eastern Europe Law Firm of the Year" in this y...
Read moreWolf Theiss advises Filtration Group in its acquisition of the industrial filtration division of Mahle
Vienna, 2 November 2016 – Wolf Theiss has advised the Filtration Group, a subsidiary of the finance investor Madison Cap...
Read moreMergermarket recognizes Wolf Theiss as an M&A leader in Austria, Czech Republic, Hungary and Poland
Vienna, 25 July 2016 – Mergermarket has recognized Wolf Theiss as one of the top law firms in M&A transactions in Au...
Read moreWhy are we not notified of our taxpayer classification? Why is it worth being a reliable taxpayer?
Budapest, 2 June 2016 – An analysis by the tax expert of Faludi Wolf Theiss Attorneys at Law on reliable taxpayer classi...
Read moreStay connected
Sign up to receive our latest updates and insights.
You may withdraw your consent at any time by deleting the cookies or by clicking the corresponding button in our privacy policy. A withdrawal of consent does not affect the lawfulness of processing based on consent before its withdrawal. For further information please read our privacy policy.