Noerr > Budapest, Hungary > Firm Profile

Noerr
FÖ UTCA 14-18
1011 BUDAPEST
Hungary

Hungary > Banking, finance and capital markets Tier 2

Edina Schweizer, who is the main banking partner at Noerr, is ‘a true force in the market‘, ‘extremely smart and experienced, and provides client-friendly, practical advice‘. The practice continues to be a favourite with German-speaking corporates and banks and is actively growing its local presence with new instructions from Hungarian corporates such as GTC Hungary and OTP Bank. Areas of activity include acquisition and corporate finance, loan portfolio transactions, refinancings of real estate assets and regulatory matters. Counsel Ákos Bajorfi is another key member of the team.

Practice head(s):

Edina Schweizer

Other key lawyers:

Ákos Bajorfi

Testimonials

‘Edina Schweizer is a real rock star, a true force in the market. She is extremely smart and experienced, and provides client-friendly, practical advice.’

Key clients

UniCredit Bank Zrt.

K&H Bank (KBC Group)

MKB Bank

Commerzbank AG

Deufol SE

GTC Hungary

OTP Bank

Work highlights

  • Advised UniCredit Bank Hungary to GTC to develop the “Pillar Office” Complex.
  • Advised K&H Bank Hungary on the development loan to Indotek Group to develop ‘Papay Park’ residential complex.
  • Advised Commerzbank on the €120m loan to Eismann Group.

Hungary > Real estate and construction Tier 2

Noerr's team in Hungary is embedded in the firm's wider pan-CEE practice. It is able to advise on a wide range of matters, such as greenfield investments, commercial and industrial development, financing and property management. A distinguishing feature of the firm's offering is its ability to advise on state aid matters. The practice is well known for its strong portfolio of German-speaking clients. Zoltán Nádasdy leads the team, which includes banking partner Edina Schweizer, counsel Ákos Mátés-Lányi and senior associate Szilvia Andriska.

Practice head(s):

Zoltán Nádasdy; Edina Schweizer

Testimonials

‘Ákos Mátés-Lányi has exceptional knowledge of the industry. He never misses any deadlines and always gives innovative and practical solutions.’

‘Zoltán Nádasdy as lead partner helps us in all fields. He leads a highly professional team. Very good knowledge of the industry, experienced, reliable and very flexible at the same time.’

‘Ákos Mátés-Lányi and Zoltán Nádasdy are extremely responsive and possess a very good understanding of the need of the client.’

Key clients

Indotek

SIGNA Group

Shenzhen Kedali Industry Co., Ltd.

Hilti AG

Valeo Siemens e-Automotive Hungary Kft.

Debrecen Asset Management – DV Zrt.

thyssenkrupp

GTC Hungary

UniCredit Bank Zrt

K&H Bank

Work highlights

  • Advising Signa Group on the acquisition of furniture chain Kika/Leiner and subsequently on selling the CEE subsidiaries to XXXLutz
  • Advising Hilti on the acquisition of a building plot from MAG Hungary Zrt. in Kecskemét, Hungary
  • Advising Shenzhen Kedali on the acquisition of a warehouse and the adjacent plot in the vicinity of Budapest.

Hungary > Commercial, corporate and M&A Tier 3

Noerr‘s Budapest office is integrated into the CEE-wide M&A and private equity practice. The firm provides end-to-end corporate advice on regional M&A, private equity and venture capital transactions, joint ventures, corporate restructurings and reorganizations. It acts for clients from a diverse range of sectors, with a sizeable German-speaking contingent. Ákos Bajorfi is a leading figure in Hungary’s private equity market; he is supported by Ákos Mátés-Lányi, a specialist in multijurisdictional M&A and Eszter Sieber-Fazakas, who leads the commercial side of the practice.

Practice head(s):

Ákos Bajorfi; Ákos Mátés-Lányi; Eszter Sieber-Fazakas

Testimonials

‘Good knowledge of Hungarian and German laws help us to adapt our group legal requirement to the Hungarian subsidiary.’

‘Ákos Mátés-Lányi. Highly professional, with a deep understanding of business and fully devoted to the clients’ needs.’

‘Ákos Bajorfi – Head of Corporate/Private Equity Hungary – is the team-leader in our transaction. He stands out from other competitors with his experiences and practical knowledges. His extensive experiences helped us even in business negotiations.’

‘What I really like in Eszter’s support that she always wants to understand my needs and based on that she provides her best support. If additional effort needed, she always available to support me and my company the best way she can.’

Key clients

Doktor24

MOL

Szallas.hu

ICON Plc.

Autonet / Inter Cars

Evoco AG

FINEXT STARTUP Venture Capital Fund

Mercedes-Benz Manufacturing Hungary Kft.

Chemirol

CIG Pannónia Insurance Co.

Work highlights

  • Advised Doktor24 Group on a series of transactions, including raising private equity capital and acquiring two healthcare businesses.
  • Advised MOL on acquisition of the Hungarian company of Marche (Swiss global catering company) operating nine motorway restaurants.
  • Advised ICON Plc. on the acquisition of PRA Health Sciences being a highly complex and high value global transaction.

Hungary > Employment Tier 3

Noerr has notable strengths in handling employment matters for clients in the manufacturing, automotive and car parts manufacturing sectors. It has been increasingly busy supporting clients on Covid-related issues, such as the introduction of new working time models, remote work, mass redundancies and employment-related data protection law inquiries. Viktor Füzi has expertise in handling contentious employment matters and collective labour issues. He works with Edina Czeglédy, who is knowledgeable about restructurings, data protection and employee transfers.

Practice head(s):

Viktor Füzi; Edina Czeglédy

Testimonials

‘Fluent in German, in-depth knowledge of all prepared contractual matters, very dependable and quick implementation of the needed legal advice.’

Key clients

MOL Nyrt.

Giant Hungary Kft.

ISS Hungary Facility Management Kft.

Shenzen Kedali Hungary Kft.

ZF Hungária Kft.

Deufol SE

OPES Real Estate Hungary Kft.,

KELEN PARK Property Investment Group

Schwarzmüller Kft.

Diehl Aviation Hungary Kft.

thyssenkrupp Components Technology Hungary Kft.

KUKA Hungária Kft.

RUAG Ammotec Magyarországi Zrt.

Krones Hungary Kft.

Peek & Cloppenburg Kft.

Work highlights

  • Advised MOL Group on the acquisition of the Hungarian company of Marche (Swiss global catering company).
  • Advised ISS Group on the sale of six companies in the Czech Republic, Slovakia, Romania and Hungary.

Hungary > Dispute resolution Tier 4

Noerr has a strong portfolio of German-speaking clients and its team is highlighted for its ‘knowledge of Hungarian and German law’. The firm handles litigation in local courts for German subsidiaries based in Hungary, and also acts for Hungarian entities in litigation in German courts. Viktor Füzi's practice spans breach of contract cases, tax disputes and environmental matters. Ákos Bajorfi handles corporate, banking and insolvency claims.

Practice head(s):

Viktor Füzi; Ákos Bajorfi

Testimonials

‘Knowledge of Hungarian and German law; broad assistance in connection to tax related matters and insolvency proceedings.’

‘Very good availability at short notice.’

Key clients

Schwarzmüller Járműgyártó és Kereskedelmi Kft.

CLAAS KGaA mbH

thyssenkrupp Components Technology Hungary Kft.

Eurovid Kft.

RUAG Ammotec Magyarországi Zrt.

Diehl Aviation Hungary Kft.

thyssenkrupp System Engineering GmbH

Eurochem Agro Hungary Kft.

F.E. Familien-Privatstiftung

Optimum-Béta Ingatlanbefektetési Kft.

Work highlights

  • Advising Thyssenkrupp Components Technology Hungary on the court procedure of warranty and damages claims in a lease dispute.
  • Representing Schwarzmüller in a liability claim for damages.

The firm: Noerr stands for excellence and entrepreneurial approach. With highly experienced teams of strong characters, Noerr devises and implements solutions for the most complex and sophisticated legal challenges. United by a set of shared values, the firm’s 500+ professionals are driven by one goal: their client’s success. Listed groups and multinational companies, large and medium-sized family businesses as well as financial institutions and international investors all call on the firm.

Entrepreneurial thinking: Noerr’s advisors make their clients’ challenges their own and are always thinking one step ahead. In doing so, they assume responsibility and are at liberty to make their own decisions. The firm is committed to always going the extra mile for its clients and to resolving complex matters with the perfect mix of experience, excellence and sound judgement.

Innovative solutions: in complex and dynamic markets new approaches are regularly required – and delivered by experts who bring both the know-how and the necessary passion. This is precisely what Noerr excels at: implementing integrated and innovative solutions in the most efficient way.

Global reach: as one of the leading European law firms, Noerr is also internationally renowned. With offices in 10 countries and a global network of top-ranked ‘best friends’ law firms, Noerr is able to offer its clients truly cross-border advice. In addition, Noerr is the exclusive member firm in Germany for Lex Mundi, the world’s leading network of independent law firms with in-depth experience in 100+ countries worldwide.

Capacity in Central and Eastern Europe: Noerr has long had its own offices in all major Central and Eastern European capitals. The firm regularly advises on greenfield investments, joint ventures, acquisitions and divestments in Central and Eastern Europe by investors from all over the world. With more than 100 professionals, Noerr is one of the leading law firms in the region.

Budapest office comprises of over 15 highly experienced and special advisors. The range of Noerr’s advice extends from corporate law issues, real estate and construction through structural measures and business succession as well as banking and finance, capital markets, litigation and arbitration, mergers and acquisitions, and regulatory work. The practice is also well known for supporting investments – from start-ups to greenfield projects.
With our Budapest office, Noerr has been working for more than 20 years in the Hungarian market. Our Hungarian and German lawyers therefore have extensive regional experience and are well versed in the country-specific rules of the Hungarian market.

We provide advice on various legal matters in German or English and on the highest international standards. Thanks to our cross-border teams and specialist groups, we also provide clients with integrated multinational advice on all areas of law.

Besides receiving excellent professional support, we also profit from our close network of local business contacts and our longtime experience with the Hungarian market.

DepartmentNameEmailTelephone
Regulatory & Governmental Affairs/Restructuring & Insolvency Zoltán Nádasdy
Automotive & New Mobility/Distribution & Franchise Systems, e-commerce Zoltán Nádasdy
Real Estate Investment Group Zoltán Nádasdy
Banking & Finance/Capital Markets Edina Schweizer
Insurance & Reinsurance Edina Schweizer
Private Equity & Venture Capital Edina Schweizer
Employment & Pensions Viktor Füzi
Litigation, Arbitration & ADR Viktor Füzi
Banking & Finance/Capital Markets Ákos Bajorfi
Corporate/Mergers & Acquisitions Ákos Bajorfi
Private Equity & Venture Capital Ákos Bajorfi
Corporate/Mergers & Acquisitions Ákos Mátés-Lányi
Real Estate Ákos Mátés-Lányi
Employment & Pensions Edina Czeglédy
Automotive & New Mobility/Distribution & Franchise Systems, e-commerce Eszter Sieber-Fazakas
Compliance & Investigation/IT, Outsourcing & Data Privacy Eszter Sieber-Fazakas
Intellectual Property: Trademarks & Patents Eszter Sieber-Fazakas
Telecommunications Eszter Sieber-Fazakas
Antitrust & Competition Szilvia Andriska
Compliance & Investigation/IT, Outsourcing & Data Privacy Szilvia Andriska
Real Estate Investment Group Szilvia Andriska
Corporate / Commercial Tímea Molnár
Corporate / Real Estate Eszter Hegedűs
Corporate/ Employment Tímea Tompa
Corporate/ Employment Réka Zambó
Real Estate Esztella Cseh
Banking and Finance Barbara Herczegfalvi
Data Protection Laura Lukács
PhotoNamePositionProfile
Dr Tímea Molnár photo Dr Tímea MolnárAttorney
Number of lawyers : 580
Number of lawyers at this office : 15
English
German
Hungarian
Contacts : Jörg Menzer (office managing partner)
Contacts : Zoltán Nádasdy (office managing partner)
Other offices :
: Alicante
: Berlin
: Bratislava
: Brussels
: Bucharest
: Dresden
: Düsseldorf
: Frankfurt
: Hamburg
: London
: Munich
: New York
: Prague
: Warsaw