Category Archives: Hungary

Labor Code Changes in Hungary Are Yet to Come

A number of changes to the Labor Code expected to come into force on July 1, 2017, will not do so. These amendments to the Code – which were submitted to the President of the Parliament by the head of the Economic Committee – would primarily have affected work-time scheduling provisions, making the Labor Code more sensitive to the needs of the improving economy and changing labor market. According to Parliament, the amendments would have significantly improved production for businesses over a period of six to seven years. 

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Mandatory Electronic Administration Procedures for Business Entities Are on the Horizon

From 1 January 2018, a broad range of business entities, including companies limited by shares, limited liability companies, limited partnerships, trade associations, private entrepreneurs, sole corporations, branch offices, cooperatives and law firms as of today, will be obliged to carry out an expansive list of administrative procedures by means of electronic communication. 

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Hungary GC Summit Panelists Gather to Prepare in Budapest

With slightly over a month to go until the first Hungary General Counsel Summit — the first ever country-specific GC Summit organized by CEE Legal Matters — on August 29, 2017, three members of the “Building the Legal Function as Integral Business Unit” panel scheduled for the event gathered at the offices of Budapest’s OPL Law Firm to plan and prepare for their discussion.

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Civil Law – Ownership Registration with „Zero Certificate” in Hungary

In 2016 the president of the Hungarian Curia set up a new jurisprudence analysing working group for the purpose of examination of the lower courts’ practice in condominium related cases. The analysis involved cases between the period of 1 January 2014 and 31 December 2015, and covered 25 different questions.

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Edina Schweizer Joins Noerr as Partner in Budapest

Former Kinstellar Counsel Edina Schweizer has joined Noerr as Associated Partner in Budapest and Head of the firm’s local Banking & Finance team. She will also assume the role of Co-head of Noerr’s CEE Banking and Finance Practice, which works across the firm’s core CEE countries of Czech Republic, Poland, Romania, Slovakia, and Hungary.

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