Wolf Theiss Faludi Ügyvédi Iroda > Budapest, Hungary > Firm Profile

Wolf Theiss Faludi Ügyvédi Iroda
KÁLVIN TÉR 12-13
KÁLVIN CENTER, 4th FLOOR
1085 BUDAPEST
Hungary

Hungary > Projects and energy Tier 1

WOLF THEISS FALUDI ÜGYVÉDI IRODA's strong reputation in the industry stems from its cross-border capabilities and multidisciplinary approach to complex projects and energy mandates. A trusted strategic advisor on infrastructure development, the firm is a founder of and regular contributor to the Hungarian Infrastructure Association. László Kenyeres heads up the team with an emphasis on power plant and infrastructure development projects, regulatory compliance and cross-border transactional support. Zoltán Faludi is one of the industry’s few energy-sector dispute specialists; he also brings strong industry-specific knowledge and decades of experience advising on acquisitions, regulatory issues and power purchase agreements to the team. Norbert Bálint and Zoltán Bodnár regularly lead on some of the firm’s most complex mandates, while associate Adam Lukonits receives growing client recommendations.

Practice head(s):

Zoltán Faludi; László Kenyeres

Other key lawyers:

Norbert Bálint; Zoltán Bodnár; Adam Lukonits

Testimonials

‘Norbert Bálint has an excellent knowledge of the energy sector and international transactions and has commercial knowledge of the sector. His counselling work is really complex and helps the decision making and project building.’

‘The energy practice at Wolf Theiss is a leader on the Hungarian market. The team has strong practical experience, knows the local energy market very well and efficiently monitors all market changes, proactively informing clients about them.’

‘The entire team is very client oriented. Adam Lukonits is an associate who, despite his young age, has unprecedented knowledge in the field of the energy market. Adam is very professional, hard-working and responsive. He is always engaged, available and has very good communication skills. Adam is also very precise and his advice is written clearly and concisely.’

‘Adam Lukonits has the experience to handle complex domestic and multi-jurisdictional matters. He has a particular strength and niche expertise in handling matters arising in the field of energy and he provides an outstanding performance.’

Key clients

Optimum Solar Kft. (Ltd.)

Lugos Renewables Ltd.

BorsodChem Zrt.

Recom AG

Notus Energy Plan GmbH & Co. KG

EFET (European Federation of Energy Traders)

Kommunalkredit Austria AG

Work highlights

  • Advising Optimum Solar on the development of photovoltaic projects totalling 500MW in Hungary, including the due diligence and subsequent restructuring of the real estate aspects of the projects.
  • Advising BorsodChem, part of the Chinese Wanhua Group, on a new gas power plant development at the client’s site in Hungary.
  • Advising RECOM on the acquisition of a 75MW solar renewable energy investment project in Hungary.

Hungary > Banking, finance and capital markets Tier 2

WOLF THEISS FALUDI ÜGYVÉDI IRODA advises many of the largest domestic and international banks, insurance companies and investment funds on their commercial lending, project financing, private equity and regulatory work. The firm focuses on cross-border work in the CEE region. The firm is also well placed to serve clients in the growing renewable energy sector. Melinda Pelikán leads the department with 15 years’ finance experience, particularly with project finance in the infrastructure and real estate space. Associates Viktória Horváth and László Lovas are also key members of the team.

Practice head(s):

Melinda Pelikán

Other key lawyers:

Testimonials

‘The team is flexible and reliable. They can solve complex issues and deliver complex transactions on time.’

‘Melinda Pelikán solves all the issues which are needed to successfully close a transaction.’

Key clients

Vienna Insurance Group

UniCredit Bank Austria AG

Erste Group Bank AG

Raiffeisenlandesbank Oberösterreich AG

Oberbank AG

UniCredit Bank Hungary

TA Associates

CIB Bank

Kommunalkredit Austria AG

Arconic Group

Raiffeisen Bank Hungary

Work highlights

  • Advised Vienna Insurance Group on its €830m acquisition of Aegon’s insurance and asset management business in Hungary, Poland, Romania and Turkey.
  • Advised UniCredit Bank Austria, Erste Group Bank, Raiffeisenlandesbank Oberösterreich Aktiengesellschaft and Oberbank on the refinancing of existing syndicated and bilateral loan agreements of the Salesianer group.
  • Advising Raiffeisen Bank International in several countries – namely Bosnia and Herzegovina, Bulgaria, Croatia and Hungary – on the establishment of its respective medium term note program for the issue of ordinary senior notes, ordinary senior eligible notes and non-preferred senior eligible notes.

Hungary > Commercial, corporate and M&A Tier 2

WOLF THEISS FALUDI ÜGYVÉDI IRODA is recognised for its handling of complex domestic and cross-border matters, regularly advising foreign investors on businesses establishment issues, equity and asset acquisitions, and joint ventures across the CEE region. Department head János Tóth has extensive experience in M&A transactions, restructuring and joint venture projects. Ákos Erős focuses on M&A and private equity deals. Norbert Bálint’s client base stems from IT and telecoms players, and technology start-ups. Judit Nádor operates primarily in the automotive and telecoms sectors. Associates Peter Ihasz, Zoltan Bodog and Agnes Budai are also noted.

Practice head(s):

János Tóth

Key clients

Waterland Private Equity Fund VIII C.V.

4iG Nyrt.

Naxicap Partners

Clayton, Dubilier & Rice Inc.

CPI Property Group S.A.

GHO Capital Partners LLP

Microsoft Corporation

Novo Holdings A/S

OptiGroup AB

Bright Machines Inc.

Work highlights

  • Advised 4iG on the acquisition of a majority shareholding in Albtelecom SHA from Calik Holding and Türk Telekom.
  • Advised CD&R on the Hungarian aspects of its proposed acquisition of PwC’s global mobility tax and immigration services business.
  • Advised CPI Property Group on a cross-border public acquisition regarding all outstanding shares of IMMOFINANZ.

Hungary > Dispute resolution Tier 2

The disputes team at WOLF THEISS FALUDI ÜGYVÉDI IRODA showcases broad cross-border litigation and arbitration experience from a wide variety of industrial backgrounds, ranging from the commercial, energy, financial and real estate sectors, to regulatory issues and civil damages. Zoltán Faludi heads up the team with 20 years’ experience and a focus on the energy sector. Lajos Wallacher focuses on EU competition and trade law, specifically merger control, cartel, abuse of dominance and unfair competition cases. Associates Enikő Lukács, Béla Madarász and Tímea Csajági are also core members of the team.

Practice head(s):

Zoltán Faludi

Other key lawyers:

Testimonials

‘The dispute resolution practice at Wolf Theiss is extremely versatile and offers very experienced lawyers. Wolf Theiss offers its services in Austria and most of the CEE and CIS countries, making it one of the only law firms with the aforementioned qualities and regional reach.’

‘It is simply a pleasure to work with Wolf Theiss. They are true professionals, always striving to do what’s best for their clients.’

Key clients

MOL Magyar Olaj- és Gázipari Nyrt.

INA-Industrija nafte, d.d.

Work highlights

  • Representing MOL and INA-Industrija against the Federation of Bosnia and Herzegovina in an ICC arbitration.

Hungary > Tax Tier 2

Working closely with the firm’s corporate, banking and finance, and employment arms, the tax practice at WOLF THEISS FALUDI ÜGYVÉDI IRODA primarily advises on M&A transactions and corporate structuring and restructuring, as well as day-to-operations. The team of dedicated tax lawyers has capabilities across a wide range of issues including international taxation, investment structuring, VAT planning, and wealth management. János Pásztor leads, while Alexandra Tóth and Bence Kálmán are noted associates.

Practice head(s):

János Pásztor

Other key lawyers:

Hungary > TMT Tier 2

With a combined IP and IT practice, WOLF THEISS FALUDI ÜGYVÉDI IRODA is agile across software and technology patent and licensing issues, as well as being active in the fintech and e-commerce spaces. The team also fields multiple strong litigators, and is consequently well placed to represent clients in contentious TMT matters. János Tóth leads the sizeable multidisciplinary team, with Norbert Bálint, Barnabás Buzási and Marietta Molnár supporting.

Practice head(s):

János Tóth

Other key lawyers:

Norbert Bálint; Barnabás Buzási; Marietta Molnár

Key clients

Tricentis

Türk Telekom

4iG Nyrt.

Courage Music Partners II, L.P.

PlayTech Plc.

AT&T Inc.

Work highlights

  • Advising Tricentis on a software license agreement.
  • Advising 4iG on the acquisition of a majority shareholding in Albtelecom SHA from Calik Holding and Türk Telekom.
  • Advising Courage Music Partners on the establishment of a cross-border acquisition structure through Hungary and on its acquisition of music rights assets from Hayden Bell, Bell Partners, The Kennel, and Firefly Entertainment.

Hungary > Data privacy and data protection Tier 3

Operating as a subset of the firm’s employment practice, the data protection team at WOLF THEISS FALUDI ÜGYVÉDI IRODA advises a broad mix of clients on GDPR and data protection, as well as privacy and retention issues. Barnabás Buzási leads the team with a focus on employee-facing measures, namely internal policies and procedures, employee monitoring and data transfers. Corporate and IP expert János Tóth is also a key contact.

Practice head(s):

Barnabás Buzási

Other key lawyers:

János Tóth; Péter Ihász; Nóra Bogdány; Helga Szkok

Key clients

International Flavors & Fragrances I.F.F. (Hungary) Kft.

Hungary > Employment Tier 3

Barnabás Buzási leads the employment team at WOLF THEISS FALUDI ÜGYVÉDI IRODA with a focus on cross-border employment matters. The team regularly handles employment litigation, employment-related immigration issues, and day-to-day HR support, as well as the labour issues surrounding greenfield investments and market entry. László Kenyeres and Marietta Molnár are also key contacts.

Practice head(s):

Barnabás Buzási

Other key lawyers:

László Kenyeres; Marietta Molnár

Testimonials

‘What sets Wolf Theiss apart from others is primarily the high level of professionalism in providing services, which is reflected in a good knowledge of labour law issues.’

‘When giving legal advice, they are detailed, comprehensive and clear.’

‘Marietta Molnár is exceptional and professional.’

Key clients

International Flavors & Fragrances I.F.F. (Hungary) Kft.

Work highlights

  • Advised International Flavors & Fragrances on setting up in Hungary and operating a financial shared services centre with a global reach.

Hungary > Intellectual property Tier 3

János Tóth leads the multijurisdictional IP team at WOLF THEISS FALUDI ÜGYVÉDI IRODA with extensive experience in trade marks, patents, copyrights, unfair competition and IP litigation, as well as the protection of trade secrets. The firm’s advisory practice focuses on IP strategy, including dealing with related aspects of domestic and cross-border M&A transactions, and assisting with transfer and licensing agreements. Norbert Bálint and Peter Ihasz are also key contacts.

Practice head(s):

János Tóth

Other key lawyers:

Norbert Bálint; Péter Ihász

Testimonials

‘The people of the law firm are very, very experienced and skilled, they have the highest level of expertise but they are able to combine this with practical advice, which makes the advice very valuable for clients.’

‘They are quick and to the point and make use of their “internal” law firm network to find the right point of contact for the client’s request. The very broad set up of the law firm allows this to the largest extent.’

‘Péter Ihász has huge expertise and industry knowledge, hence he fits perfectly to us as a client. He responds always promptly, to the point and gives valuable advice. Other than that he is one of the most pleasant lawyers I have worked with, may it be in person, on the phone or in written correspondence.’

Key clients

Omni Creator Products Corporation

CONTINENTAL AG

AT&T Inc.

Courage Music Partners II, L.P.

Clayton, Dubilier & Rice Inc.

ReversingLabs, Inc.

Microsoft Corporation

Guccio Gucci S.p.A.

Work highlights

  • Advising Omni Creator Products Corporation on the launch of development activities in Hungary.
  • Advising Continental on the compliance of its marketing videos with Hungarian copyright law.
  • Advising AT&T on securing IP rights in insolvency proceedings in Hungary, Romania, and Slovakia.

Hungary > Real estate and construction Tier 3

Developments, financing, management and litigation are the mainstays of the real estate and construction arm of WOLF THEISS FALUDI ÜGYVÉDI IRODA, with notable work particularly in the renewable energy and automotive sectors. The team is led by János Tóth, who also heads the corporate and M&A practice. Zoltán Faludi focuses on acquisitions and development while Melinda Pelikán is an expert in financing, restructuring and cross-border transactions. Zoltan Bodog and Peter Ihasz are key associates.

Practice head(s):

János Tóth

Key clients

RECOM AG

Enlight Renewable Energy Ltd.

CPI Property Group S.A.

Work highlights

  • Advising RECOM on the acquisition of a 75MW solar renewable energy investment project in Hungary.
  • Advising Enlight on the acquisition of three solar renewable energy investment projects in Hungary, each with an inbuilt capacity of approximately 60MW.

The firm: Wolf Theiss opened its first office in Vienna in 1957 and soon established a reputation as one of the region’s leading law firms. The firm has since grown into a multinational team of approximately 390 lawyers, making it one of the largest integrated law firms in the region. It has offices* in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovak Republic, Slovenia and Ukraine.

This presence on the ground is one of the firm’s key strengths. It works in a fast-moving part of the world that requires deep local knowledge and experience. By combining expertise with a strong international network, the firm is well-placed to handle complex cross-border transactions with a high degree of speed and flexibility.

Apart from its local offices in 13 CEE/SEE countries, Wolf Theiss also offers extensive regional experience in other countries in the region, such as Kosovo, Montenegro and North Macedonia.

*The firm has regulatory frameworks within which it needs to comply. So by ‘presence’, we mean a legal form that is in compliance with all applicable laws and regulations in that country.

Areas of practice: Wolf Theiss’ full range of services covers financial services, competition and antitrust, corporate/mergers and acquisitions, employment law, energy and infrastructure, intellectual property and information technology, litigation and alternative dispute resolution, real estate and construction, regulatory and procurement, and tax. The firm’s dedicated practice teams provide in-depth specialist knowledge in their respective areas and collaborate closely to provide clients with seamless advice.

Hungary: Launched in 2007, the team at Wolf Theiss Budapest provides client-focused and industry-driven advice to local and international clients in all aspects of commercial law, including corporate/M&A, real estate and environmental law, project development, banking and finance, dispute resolution and litigation, employment and tax – with a particular emphasis on the energy sector. Wolf Theiss’ Hungarian office – led by Zoltán Faludi – comprises 30+ lawyers (including three partners).

Department Name Email Telephone
Financial services Melinda Pelikán melinda.pelikan@wolftheiss.com +36 1 4848822
Competition/antitrust János Tóth janos.toth@wolftheiss.com +36 1 4848810
Corporate/M&A János Tóth janos.toth@wolftheiss.com +36 1 4848810
Dispute resolution Zoltán Faludi zoltan.faludi@wolftheiss.com +36 1 4848805
Employment Barnabás Buzási barnabas.buzasi@wolftheiss.com +36 1 4848832
Energy and infrastructure Zoltán Faludi zoltan.faludi@wolftheiss.com +36 1 4848805
Energy and infrastructure László Kenyeres laszlo.kenyeres@wolftheiss.com +36 1 4848807
TMT János Tóth janos.toth@wolftheiss.com +36 1 4848810
Real estate János Tóth janos.toth@wolftheiss.com +36 1 4848810
Regulatory and procurement László Kenyeres laszlo.kenyeres@wolftheiss.com +36 1 4848807
Tax János Pásztor janos.pasztor@wolftheiss.com +36 1 4848823
Photo Name Position Profile
Norbert Bálint photo Dr Norbert Bálint Counsel, Wolf Theiss, specialising in power plant construction projects, domestic and international…
Zoltán Bódog photo Dr Zoltán Bódog Senior Associate
Barnabás Buzási photo Dr Barnabás Buzási Counsel, specialising in employment matters, with an in-depth knowledge of the constantly…
Zoltán Faludi photo Dr Zoltán Faludi Partner; specialised in Energy and Natural Resources, Project Finance, Corporate/Mergers & Acquisitions,…
Péter Ihász photo Dr Péter Ihász Senior Associate
László Kenyeres photo Dr László Kenyeres Partner; specialised in Corporate, Energy, Employment Law, Energy, Regulatory & Procurement. László…
Ádám Lukonits photo Mr Ádám Lukonits Senior Associate.
Marietta Molnár photo Dr Marietta Molnár Senior Associate
János Pásztor photo Dr János Pásztor Senior Associate, leading the tax practice at Wolf Theiss Budapest. Janos is…
Melinda Pelikán photo Dr Melinda Pelikán Counsel, leading the Banking & Finance team in Budapest. She assists clients…
János Tóth photo Dr János Tóth Partner; specialised in Corporate/Mergers & Acquisitions, Competition Law, Data Protection, International Trade…
Lajos Wallacher photo Dr Lajos Wallacher Of Counsel
Number of lawyers : 390
at this office : 30+
English
German
Hungarian
American Chamber of Commerce in Hungary
German-Hungarian Chamber of Industry and Commerce
International Fiscal Association
International Chamber of Commerce
Contact : Zoltán Faludi (local managing partner)
Other offices : Belgrade
Other offices : Bratislava
Other offices : Bucharest
Other offices : Kiev
Other offices : Ljubljana
Other offices : Prague
Other offices : Sarajevo
Other offices : Sofia
Other offices : Tirana
Other offices : Vienna
Other offices : Warsaw
Other offices : Zagreb

At Wolf Theiss, we strongly believe that in a global marketplace, a company that employs a diverse workforce (both men and women of several generations and from ethnically and racially diverse backgrounds) is better able to understand the marketplace it serves, offers better and more unique perspectives and thus, is better equipped to thrive in that marketplace than a company that has a more limited range of employee demographics.

For us, uniting people and overcoming cultural divisiveness is part of our philosophy. By respecting each other, we have created a unique workplace camaraderie that spills over into our daily lives. Wolf Theiss considers itself to be politically liberal, not biased in any direction and imposing no restrictions on its workforce in terms of political view, religion, way of life, race, language and sexual orientation.

Our leadership team is comprised of 35% female partners, one of them within our management board, and 48% of our senior lawyers are women. We strive to stand at the forefront in the region, when it comes to gender diversity. We were one of the first law firms in the region to implement a maternity policy. Innovation initiatives at our firm are driven by female talent. We also encourage our lawyers to spend part of their daily work on firm-wide non-billable initiatives.

Wolf Theiss is proud to have been awarded the Best in Central Europe Award at the European Women in Business Law Awards 2023 and to have been recognised as “Best in Austria” at the European Women in Business Law Awards 2022, 2019, 2018, 2017, 2016, 2015, 2014, 2013 & 2012, “Best in Croatia” at the European Women in Business Law Awards 2019, 2018, 2017, 2016, 2015, 2014 & 2013 and “Best in Romania” at the European Women in Business Law Awards 2016, 2015 & 2014.

CORPORATE SOCIAL RESPONSIBILITY

At Wolf Theiss we believe that success is a two-way street. Our financial success depends in large part on our doing quality work for our clients, so they come back to us and recommend us to others. But our success also depends on the support of the local communities where we live and work. They provide us with a great deal of input and impulses, including the talented lawyers and assistants who make it possible for us to do what we do. We all think it is essential that we give something back to the community.

One way to show our commitment to the community is by providing legal advice on a pro bono basis to clients who need legal help, but are unable to pay for our services. Our pro bono work is directed at clients whom we consider to be very deserving or who face legal issues that we believe are especially important to our communities or to society as a whole.