LOCATIONS
News, Deals & Insights

Office

3 Széchenyi rkp.
1054 Budapest
Hungary

+36 1 428 4400

Map and directions

Significant changes to the Hungarian Competition Act expected in the summer

April 2024 – The latest proposed amendment to the Hungarian Competition Act, recently submitted to the Hungarian Parliament, would enter into force on 1 July 2024, but it has not yet been adopted. The package of amendments would cover several areas...

Kinstellar advises Wizz Air on the lease of its headquarters in Hungary

April 2024 – Kinstellar has successfully advised Wizz Air in connection with the preparation and negotiation of a lease agreement for its new office headquarters in Millennium Tower, Budapest. The deal is one of the largest transactions of its kind...

Kinstellar advises MAVIR and HUPX on joining Central and Southeast Europe’s largest electricity trading hub

April 2024 – Kinstellar has successfully advised the Hungarian Power Exchange (HUPX), together with the Hungarian Transmission System Operator, MAVIR, on the landmark Project Bluesky transaction: the Hungarian Power Exchange, HUPX’s joining Adex...

Kinstellar to continue the operation of Noerr’s CEE practice in the Czech Republic, Hungary, Romania & Slovakia

Noerr and Kinstellar are very pleased to announce that Noerr’s practices in Budapest, Bratislava, Bucharest and Prague are to be transferred to Kinstellar.

Kinstellar advises Nestlé on the sale of BOCI chocolate brand in Hungary

March 2024 – Kinstellar has successfully advised the world-leading food company Nestlé on the sale of the iconic Hungarian chocolate brand 'BOCI,' with a heritage spanning nearly a century, to Cerbona, a prominent Hungarian food manufacturing company. 

The AI Act is adopted, what to do now?

March 2024 – On March 13th the EU Parliament adopted the AI Act, marking a significant milestone in shaping the region's AI landscape. The Act will be published in the Official Journal of the European Union, and 20 days after publication, the AI Act...

Kinstellar announces new promotions to Counsel

February 2024 – Kinstellar is delighted to announce the promotions to Counsel of: Yerlan Akhmetov, Kuanysh Shekerbekov (Almaty, Kazakhstan), Cătălin Dinu, Cătălin Graure (Bucharest, Romania), Barnabás Sági (Budapest, Hungary), Yulia Eismont, Maksym...

Update: ESG reporting obligations in Bulgaria, Croatia, the Czech Republic, Hungary, Romania and Slovakia

February 2024 – With the 6 July 2024 deadline for the implementation of the EU Corporate Sustainability Reporting Directive (EU) 2022/2464 (the "CSRD”) looming, Member States across the EU have been moving at different speeds to adopt their respective...

Recent regulatory developments regarding the use of body cameras in Hungary

February 2024 – The use of body cameras by law enforcement (both police forces and local government) and private security services started almost two decades ago and has been becoming more and more ubiquitous globally.

Hungarian Government's decree on reducing food inflation to enter into force

January 2024 – The Hungarian government's decree on measures to combat the so-called “shrinkflation” will enter into force on 1 February 2024. “Shrinkflation” refers to the hidden raising of prices by reducing the size of products.