Deloitte Legal Göndöcz and Partners Law Firm > Budapest, Hungary > Firm Profile

Deloitte Legal Göndöcz and Partners Law Firm
DOZSA GYORGY UT 84JC
BUDAPEST, H-1068
Hungary

Hungary > Banking, finance and capital markets Tier 2

The banking, finance and capital markets team at Deloitte Legal Göndöcz and Partners Law Firm channels the experience of its team to advise domestic and multinational financial institutions (Bank of China, National Bank of Hungary) and corporates across the real estate, automotive, healthcare and energy sectors, on high-value, cross-border regulatory projects and financing transactions. The practice's full offering covers restructurings and compliance, AML, capital markets and project and acquisition finance matters. The team is headed by capital markets expert Linda Al Sallami, who brings expertise to greenfield and renewable energy projects and real estate financing. Other key figures include Péter Göndöcz, who advises private equity houses, venture capital and multinationals on investment management; Sára Rideg, who manages complex energy regulatory matters; Anett Csiszár, a specialist in AML; and Zoltán Zagyva, who handles financing and capital markets transactions.

Practice head(s):

Linda Al Sallami

Testimonials

‘Business driven thinking, effective collaboration.’

‘High professional quality, committed to the success of the client.’

Key clients

Erste Bank Hungary Zrt.

K&H Bank Zrt.

Bank of China (CEE) Zrt.

OTP Bank Nyrt.

CIB Bank Zrt.

MBH Bank Nyrt.

EBRD

Adventum Group

Wellis Magyarország Zrt.

Shopper Park Plus Nyrt.

Euronics

Shoptet

Pannon Green Power Kft.

National Bank of Hungary

Doktor24 Medicina Zrt.

Work highlights

  • Advised Adventum Group, a real estate investor and fund manager active primarily in the CEE region, on the syndicated financing of the acquisition of a real estate portfolio consisting of 18 shopping malls located in Hungary and the Czech Republic.
  • Advised CIB Bank on long-term non-recourse project financing provided for the development of photovoltaic power plant projects in Hungary.

Hungary > Competition Tier 2

Deloitte Legal Göndöcz and Partners Law Firm’s competition team has successfully defended numerous clients in proceedings before the Hungarian Competition Authority and courts. Known for its expertise in the FMCG and energy sectors, the team combines legal, operational and business acumen, working closely with the firm’s litigation practice. They offer comprehensive compliance services, from contract assessments to implementing complex programmes, and provide cross-border competition and consumer protection law services. Co-headed by Péter Göndöcz, a seasoned advisor with commercial insight, and Anna Miks, a former competition authority case handler, the team is supported by Denisz Dobos, who specialises in litigation and M&A-related competition matters.

Practice head(s):

Péter Göndöcz; Anna Miks

Other key lawyers:

Key clients

European Commission, DG Competition

VÖRÖSKŐ Kft.

GRÁNIT Bank Zrt.

Work highlights

  • Assisted the European Commission (DG COMP) with the evaluation of the EU antitrust procedural framework.
  • Providing ongoing competition law and consumer protection advisory for Hungarian electronics retailer VÖRÖSKŐ Kft. (EURONICS retail chain).
  • Advised GRÁNIT Bank Zrt., a Hungarian financial institution regarding the acquisition of the Hungarian leasing companies De Lage Landen Finance Zrt. and De Lage Landen Leasing Kft. from De Lage Landen International B.V.

Hungary > Real estate and construction Tier 2

Deloitte Legal Göndöcz and Partners Law Firm’s real estate practice is highly regarded for its expertise in joint venture structures, greenfield and brownfield investments, and assisting foreign investors entering the Hungarian market. The firm offers a multidisciplinary model, delivering holistic services tailored to client needs. Co-head Péter Göndöcz focuses on M&A, commercial and corporate matters, while co-head Gábor Babus has extensive experience in real estate share and asset transactions, development, and operations, with a strong focus on renewable energy and greenfield projects. Zsolt Pintér is recognised for his work on commercial real estate transactions and renewable energy investments, particularly in green and brownfield projects.

Practice head(s):

Péter Göndöcz; Gábor Babus

Other key lawyers:

Testimonials

‘Creative discussions within the team and practical solutions are recommended.’

‘Deloitte Budapest has specialised legal services across a wide range of practice areas. This ensures that we receive highly tailored advice, no matter how complex our needs are.’

‘All lawyers of Deloitte bring exceptional expertise in their respective areas of law. Their depth of understanding, particularly in complex regulatory frameworks, corporate transactions, and litigation, is a distinguishing feature. Gábor Babus is recognised for his ability to navigate intricate legal challenges while providing pragmatic solutions. His nuanced understanding of both local and international legal landscapes gives us a significant edge.’

‘Good team with highly professional individuals.’

‘Good professionals who have a good understanding of the construction sector and a strong focus on how to solve different situations.’

‘We worked with Gábor Babus in a real estate deal on the buy side and we are very satisfied with the dedication of Deloitte Legal Team. They are qualified professionals who supported us a lot in our negotiations.’

‘The team is highly educated and well prepared for the freshest changes in the local legislation.’

‘They are always aiming to propose the best solution for the client, having the most confident knowledge about the legal opportunities.’

Key clients

Danubius Hotels Group

Polat Holding

Adventum

ABO Energy (former name: ABO Wind)

Flowserve Hungary Services Kft.

EVE Power

Bank of China

HBPO

Samsung SDI

Chervon

Work highlights

  • Advising on the full-scope seller-side assistance to Danubius Hotels in the process of the sale and purchase transaction of the building ‘Budapest Körszálló’ to Market Asset Management Zrt.
  • Provided legal assistance to Polat Holding as an investor in a joint venture residential real estate development project in a prime location in Budapest.
  • Advised HBPO with the tendering and negotiation of its new contemplated factory, which is to be built and leased according to its specific needs.

Hungary > Tax Tier 2

Deloitte Legal Göndöcz and Partners Law Firm stands out for its strengths in product and business development, proactive tax litigation and comprehensive support during tax audits. The firm has a growing tax advisory practice and excels in combining legal and tax expertise. Co-head Péter Göndöcz advises on M&A, corporate, competition and litigation matters across diverse industries, while co-head Dávid Ramocsa brings Big Four tax group experience, with expertise in VAT, corporate tax and transfer pricing disputes. Zsuzsanna Huszl, Diána Takács, Diána Takács, and Viktória Walter add depth with specialisms spanning tax litigation, structuring, wealth services and real estate taxation.

Practice head(s):

Péter Göndöcz; Dávid Ramocsa

Other key lawyers:

Testimonials

‘We experienced trust and openness. Also, the team members could be reached easily and we always get a callback. This means we had no problem with the availability.’

‘The legal team is well prepared and has the up-to-date knowledge necessary for decision-making. They have an outstanding overview of the involved processes and open and proactive communication regarding the outputs. In this way, the cooperation takes place very smoothly, which promotes a positive outcome of the case!’

Key clients

Pet Snack Kft.

Work highlights

  • Assisted Pek-Snack in obtaining an almost 3-year interest-free deferred payment arrangement for health tax.

Hungary > Commercial, corporate and M&A Tier 3

The commercial, corporate and M&A at Deloitte Legal Göndöcz and Partners Law Firm advises financial institutions and domestic and multinational corporates in such areas as logistics, retail, healthcare and energy over the course of the lifecycle of complex, border transactions. The practice’s full offering covers M&A, share deals, business transfers, restructurings and joint ventures. Managing partner Péter Göndöcz leads the team, bringing over 20 years of experience. Other figures of note include Ákos Szauter, who advises private equity and venture capital funds domiciled in Hungary and in the EU; Márk Chiovini, who specialises in M&A, joint ventures and legal due diligence processes; and Albert Fábián and Máté Fekete, who provide expertise in in real estate matters.

Practice head(s):

Péter Göndöcz

Testimonials

‘We worked with the Deloitte Legal team on a complex, multi-jurisdictional M&A deal. We had a very good experience with them. Their approach is pragmatic and business oriented. Their response times and the professional level of their work is of a very high standard. The cooperation between their in-house M&A advisory team and the legal team is seamless. They are a top M&A legal team.’

‘Our prime contact was Ákos Szauter. His pragmatic approach and problem-solving attitude stands out. He applied well-known M&A precedents in a flexible way, always keeping in mind that the deal should not suffer due to issues that are not so important when looking at the big picture. Szauter was assisted by Máté Fekete, who has excellent drafting skills.’

‘Deloitte Legal is distinguished by its unique commercial awareness and strategic thinking, offering integrated business solutions.’

‘Partners like Péter Göndöcz are known for their strategic thinking and client-focused approach. The solutions delivered by them are not only legally sound, but also aligned with broader business objectives. Márk Chiovini and Ákos Szauter bring a remarkable attention to detail and a proactive attitude.’

‘They are unique for their seamless integration of legal expertise with business strategy. Always comprehensive and strategic advice’.

‘The team always impresses with their deep and practical legal knowledge and a deep understanding of the commercial implications for our industry.’

‘Márk Chiovini and Albert Fábián bring a high level of dedication and meticulousness to their work. They bring high attention to detail, and an exceptional ability to anticipate potential issues, which makes them invaluable to our projects.

‘Deloitte Legal Hungary is at the forefront of the legal industry, distinguished by its super-efficient and pragmatic approach. The team is highly responsive, delivering swift, tailored advice that effectively addresses clients’ needs.

Key clients

GLS Group

PortfoLion Capital Partners

GRÁNIT Bank Zrt.

Budapest Lizing Zrt.

Brendon Group

IPCOM Group

Euronics Group

TAR-Csavar Kft.

Work highlights

  • Advised the holding entity of GLS Group on the acquisition of a Hungarian company, iLogistics Kft., which is active in the logistics sector and the Hungarian fulfilment market.
  • Advised PortfoLion Group on acquisition of 10% of stakes of Actis Luna SCA, a company acquired the macro tower portfolio of Telekom Srbija.
  • Advised Gránit Bank Zrt. regarding the acquisition of the Hungarian leasing companies De Lage Landen Finance Zrt. and De Lage Landen Leasing Kft. from De Lage Landen International B.V.

Hungary > Data privacy and data protection Tier 3

Hungary > Employment Tier 3

Deloitte Legal Göndöcz and Partners Law Firm’s Hungary employment law practice advises multinational and local clients on a wide range of matters. Leveraging the firm’s tax, immigration and human capital expertise, the team delivers tailored, practical solutions. The practice’s comprehensive approach ensures seamless support for clients’ complex employment law needs. Co-heads Péter Göndöcz and Helga Durst are highly regarded; Durst is noted for her expertise in employment agreements, internal policies, cross-border issues and data protection.

Practice head(s):

Péter Göndöcz; Helga Durst

Other key lawyers:

Lili Albert

Key clients

Brendon Gyermekáruházak kft.

Aldi Magyarország Élelmiszer Bt.

Qvantum Energy Technology Korlátolt Felelősségű Társaság

Honda Motor Europe Limited and its Branch

Schlumberger Logelco Inc Magyarországi Fióktelep

Notino s r o Magyarországi Fióktelepe

Work highlights

  • Advised ALDI Magyarország Élelmiszer Bt. on digitising and electronically archiving employment and HR documents, ensuring compliance with legal requirements.
  • Advised Schlumberger Logelco Inc Magyarországi Fióktelep on revising working time schedules and restructuring wage supplements for manual labour employees to ensure compliance with legal requirements.
  • Advised Notino s.r.o. Magyarországi Fióktelepe on employment law compliance, conducting a gap assessment, reviewing documents, and providing recommendations aligned with Hungarian Labour Code best practices.

Hungary > Projects and energy Tier 3

Deloitte Legal Göndöcz and Partners Law Firm advises multinational energy companies with a strong focus on solar energy projects within the renewable sector. The team provides multi-disciplinary expertise across M&A, real estate, employment, data protection, IP, tax, and more. Co-head Péter Göndöcz specialises in M&A, corporate and competition matters across various sectors, including energy. Co-head Ágnes Bogdán brings over 20 years of experience in energy and construction, focusing on complex transactions and large-scale EPC-integrated projects.

Practice head(s):

Péter Göndöcz; Ágnes Bogdán

Other key lawyers:

Key clients

Altaaqa Renewable Energy

Sanko Enerji Group

Emeren Group Ltd.

Pannon Solar Holding Kft.

Abo Energy

E.ON Energy Solutions Kft.

SolServices Kft

Cargill Takarmány Zártkörűen Működő Részvénytársaság

Solarpro Holding

Pannon Green Power Kft.

Work highlights

  • Providing ongoing solar power plant project development advisory services to Abo Energy.

Hungary > TMT Tier 3

Hungary > Dispute resolution Tier 4

In addition to specialising in tax-related proceedings and litigation, the dispute resolution team at Deloitte Legal Göndöcz and Partners Law Firm brings strength to representing financial institutions, insurers and corporates across such sectors as energy and healthcare in commercial litigation and domestic and international commercial arbitration. The practice is led by firm managing partner Péter Göndöcz and qualified tax advisor Dávid Ramocsa. Other key names include Zsuzsanna Huszl, who is also a certified accountant; Diána Takács, a specialist in arbitration court disputes, tax disputes and general civil litigation procedures; Ákos Balázsi, who handles corporate income tax, VAT and transfer pricing disputes; and Viktória Walter.

Practice head(s):

Péter Göndöcz; Dávid Ramocsa

Other key lawyers:

Testimonials

‘Excellent people, good knowledge, good communication skills.’

The firm: Skilled and experienced Deloitte Legal* professionals work together with other Deloitte professionals in tax, consulting and financial advisory to guide their clients through projects in a co-ordinated way around the world. Deloitte Legal, present in over 80 countries, is able to provide holistic guidance around strategic business decisions as well as offer support services that can increase efficiency and reduce the cost of some routine legal activities. Deloitte Legal Göndöcz and Partners Law Firm is part of the Deloitte Legal network.

With 20 legal professionals in Hungary, Deloitte Legal* offers competent yet pragmatic advice in many fields of national and international business law. Its professionals provide tailored solutions for demanding projects and complex domestic and international transactions. And it offers even more: multidisciplinary advice incorporating tax, consulting and financial advisory.

Whether family-owned smaller and medium-sized companies, listed stock corporations or international groups of companies – with its wide ranging practice areas, the firm covers those fields of business law that are important to its clients.

Collecting and combining multidisciplinary expertise in its focus industries: banking and securities, energy and resources, manufacturing, consumer business, TMT, real estate and pharmaceuticals and life sciences, enables the firm to render interdisciplinary advice which anticipates industry- or sector-specific trends and developments. This helps clients to face the challenges of an ever-changing regulatory and economic environment.

The firm understands legal advice not as an isolated component, but as part of a comprehensive solution to the issues that its clients face. Working together with its Deloitte colleagues, the firm can help clients to make informed decisions in the context of legal as well as other business considerations.

Areas of practice
Commercial law solutions: companies are facing an increasing number of business challenges globally including more rigorous regulations and enforcement by local authorities in the countries where they operate. As experienced advisers with a practical focus Deloitte Legal* can help clients meet these challenges and develop commercial solutions. Its experience and expertise allow it to provide businesses facing complex legal regulations and challenges with personalised, tailor-made services.

Corporate and mergers and acquisitions services: Deloitte Legal* provides a full range of corporate law services from complex advisory services related to major business life events (including advising in restructuring and mergers and acquisitions processes) through to general secretarial services.

Employment and pension solutions: turbulent economic times require companies to be agile and flexible in their staffing to remain competitive. Complex polices, frequent legislative changes and global operations make managing employee relations and compliance with employment law challenging for businesses. Deloitte Legal* provides businesses with the advice they need to make informed decisions and comply with a multitude of regulatory and procedural requirements.

Legal management consulting (LMC): this is a new approach and a new discipline, developed for lawyers by lawyers in co-operation with other relevant experts. With this collection of models, frameworks, and systems, Deloitte Legal* helps in-house lawyers run their departments more efficiently and meet the needs of their business more comprehensively.

Banking and finance: Deloitte Legal Göndöcz and Partners Law Firm offers a full range of legal services in the field of banking and finance law related to Hungarian and international financial transactions. It possesses in-depth experience in the fields of: project financing, syndicated and club loans, acquisition finance, debt restructuring, lease, legal and regulatory compliance assistance for financial institutions and capital market services.

Restructuring/insolvency: Deloitte Legal Göndöcz and Partners Law Firm provides value-added legal solutions in complex restructuring matters. Its clients include creditors, debtors and other financially-troubled companies. The team is also experienced in bankruptcy and liquidation-related issues.

Pharmaceuticals, healthcare: the firm provides industry specific legal services to local and multinational pharmaceutical and medical device companies on complex issues including price regulations, contractual relations, clinical trials, licensing, advertising and promotion, distribution, pricing and reimbursement and regulatory advisory.

Real estate: Deloitte Legal Göndöcz and Partners Law Firm has a specialised real estate team that walks clients step-by-step through real estate projects and provides complete legal advice and assistance. In real estate law, the firm provides comprehensive legal advisory to foreign and Hungarian clients, including legal opinions, obtaining obligatory authorisations, dealing with authorities, sales and acquisition legal services, complete transaction documentation, financing, tenders for suppliers, construction and subsequent sale or lease.

*“Deloitte Legal” means the legal practices of Deloitte Touche Tohmatsu Limited member firm affiliates that provide legal services. For legal and regulatory reasons, not all member firms provide legal services.

Department Name Email Telephone
Head of Deloitte Legal Hungary Péter Göndöcz
Banking and finance Al Sallami Linda
Corporate/M&A Péter Göndöcz
Competition Anna Miks
Real estate Gábor Babus
Data privacy and technology Dániel Nagy
Employment Helga Durst
Projects & Energy Ágnes Bogdán
Private Gábor Baranyi
Tax litigation Dávid Ramocsa
Photo Name Position Profile
Péter Göndöcz photo Mr Péter Göndöcz Partner
Number of lawyers : 2,000+
at this office : 25
English
German
Hungarian

Deloitte Legal worldwide network

Péter Göndöcz, Managing Partner

What do you see as the main points that differentiate Deloitte Legal Hungary from your competitors?

While conventional law firms tend to develop their own business advisory units to address multi-dimensional business needs, we offer the real deal as we are backed by the strongest and largest powerhouse in the Hungarian business advisory scene. We are used to work side by side with Deloitte’s financial advisory, consulting and tax professionals which allows us to provide integrated services. This holistic approach enables us to offer legal services not just in the traditional areas of law but on a much broader horizon, such as ESG, data privacy, cybersecurity, fintech, AI, digitalization, and other matters involving transformation. We believe that our holistic, tech-enhanced approach makes us different in the market and provides value to clients they cannot obtain at conventional law firms. In addition, as Deloitte Legal Hungary is part of the global Deloitte Legal network, our clients benefit from being part of a global network with access to lawyers in a number of jurisdictions. We leverage off this global offering to provide clients with a truly multidisciplinary and cross-border end-to-end service.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

Due to recent economic developments, regulators rapidly expend regulatory requirements, and such changing regulatory environment has a significant impact on the financial sector. We see an ever-increasing need for advice in financial regulatory and compliance matters. Also, in the wake of emerging technologies we believe that venture capital and private equity practice will continue expanding in all ranges of companies, from start-ups, fast growing, mid-market businesses to global companies. Lastly, as in many unstable economical situations, we expect a growth in insolvency, restructuring and dispute resolution mandates.

What’s the main change you’ve made in the firm that will benefit clients?

We have continued implementing our ambitious growth strategy, namely increasing our teams in several key practice areas, such as energy, finance regulatory and tax litigation. We are investing in our people and in technologies so as to enable them to serve clients effectively on a multidisciplinary basis.

Is technology changing the way you interact with your clients, and the services you can provide them?

Absolutely. As an example, the number of on-line meetings has substantially increased. This allows us to handle matters more efficiently for the benefit of our clients. This is even more true in case of cross-border mandates.
In general, we observe a growing role of technology in the legal world. Being part of the Deloitte network and having access to a wide range of IT and technical expertise enables us to not just follow but set these new trends. Out teams are constantly developing tools and offerings tailored specifically for the legal industry. Such tools range from technology-enabled due diligence solutions to services which supports general counsels seeking to increase the efficiency and effectiveness of legal and contracting functions of multinational companies through the use of technology and process improvement and legal departments to outsource their corporate compliance, thereby achieving improved management of complexity and risk, greater control of data and insights into the entity compliance process.

Can you give us a practical example of how you have helped a client to add value to their business?

Due to the pandemic, Hungarian legislation provided some help and loosened the legal regulations concerning corporate approvals that were essential to enable the market to perform their legal obligations under the law, and also to perform business, almost, as usual. Our M&A team was on the forefront and while always monitoring the day-to-day changes to Hungarian and European legislation, we not only effectively advised clients on the implementation of changes but could also demonstrate our flexibility and efficiency by supporting clients through the entire lifecycle of a transaction remotely and online, without physical interaction. Such approach benefited our former and new clients and was also highly acclaimed by them. We believe that our ability to react to rapid changes in the market and the novel approach by our professionals towards their work while meeting clients’ high demands and needs in isolation, was best characterized by high client satisfaction. They were still able to successfully complete transactions despite the challenges that the pandemic brought to the business environment.

Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

Solid technical skills are no longer a competitive edge but rather the bare minimum in the legal industry. We strive to become the trusted advisor of our clients, who understands and can address the real challenges that they face. While Deloitte Legal Hungary is still relatively young, results show that we are heading to the right direction. Many of our practice groups became market leaders on their fields. We would like to keep the same dynamic growth which will pave our way to become one of the largest firms in Hungary. We provide all of that in a one-stop-shop firm with a broad business outlook, that shares the ambitions of our clients, with the focus of helping our clients to succeed.