Réti, Várszegi and Partners PwC Legal > Budapest, Hungary > Firm Profile

Réti, Várszegi and Partners PwC Legal
BAJCSY-ZSILINSZKY ÚT 78
H-1055 BUDAPEST
Hungary

Hungary > Dispute resolution Tier 2

Leveraging its strong background in tax litigation, the dispute resolution team at Réti, Várszegi and Partners PwC Legal regularly represents clients from the real estate, IP and TMT industries. The group is also noted for its expertise in corporate, commercial and agricultural land disputes. The practice is jointly headed up by László Réti, who brings over 35 years' experience to the role; Péter Zalai, who focuses on civil law cases, Dániel Kelemen, whose diverse litigation practice spans the automotive, chemical, financial and healthcare sectors; and Zoltán Várszegi, who is primarily involved in tax litigation. Noémi Szabó and Balázs Balog provide key support. János Faragó regularly represents clients in alternative dispute resolution proceedings.

Practice head(s):

László Réti; Zoltán Várszegi; Dániel Kelemen; Péter Zalai

Testimonials

‘We have been satisfied with the multidimensional approach.’

‘I really appreciate the timely (actually very fast) and very professional advice and actions of the law firm and of János Faragó specifically.’

‘The law firm has provided excellent support to us in difficult times.’

‘Deep professional knowledge, fantastic commitment.’

Key clients

Cargill

Flovestor Passage Kft.

VITERRA Hungary Kft.

Work highlights

  • Successful represented VITERRA Hungary in several tax and customs disputes, including representation based on previous representations in front of the European Court of Justice.

Hungary > Projects and energy Tier 2

Known for its expetise in niche areas such as e-mobility, the projects and energy team at Réti, Várszegi and Partners PwC Legal most regularly advises on renewable and greenfield investments and ESG initiatives. Zoltán Várszegi advises companies in the energy sector on M&A and corporate restructuring projects, and leads the team alongside Péter Zalai, who is experienced in the energy, utilities and mining sectors. János Faragó brings real estate sector experience to the group, while Kristóf Tamás Bán and Benedek Kondé are involved in due diligence processes for solar power plants.

Practice head(s):

Zoltán Várszegi; Péter Zalai

Testimonials

‘The practitioners involved have showed great dedication to meet the requirements that have been set.’

‘We have been working closely with János Faragó and Péter Zalai, who have contributed to the highest degree in performing the tasks they had to deal with.

‘PwC Legal Hungary’s team has a deep understanding of corporate and energy law, as well as the relevant industrial and market environment. They regularly cooperate with PwC’s other services lines and, thus, they can solve complex problems with various economic, technical and legal aspects on a “one-stop shop” basis.’

‘In this case, the client wanted to implement a development that is unique both from a technical and legal point of view. Péter Zalai and János Faragó provided legal assistance quickly and of an outstanding quality throughout the entire implementation of the project. For example, they helped to align the client’s needs with the regulatory environment and, where necessary, conducted successful negotiations with the relevant authority.’

Key clients

Vermilion Group

Samsung SDI Hungary Zrt.

BULGARGAZ EAD

MET Green Assets Operations Zrt.

Dunafin Zrt.

ROSSMANN Magyarország Kereskedelmi Kft.

Vulcan Steel Private Company Limited by Shares

Work highlights

  • Advised Samsung SDI Magyarország on the regulatory aspects of its investment in Göd.
  • Advising upstream oil and gas investor Vermilion Group on its concession activities and operations in Hungary.
  • Advised Dunafin on its investment in boiler acquisition, which is to be implemented with a government subsidy, and offered guidance regarding the installation of a grid and solar power plant.

Hungary > Tax Tier 2

With a strong track record in litigation work, the tax team at Réti, Várszegi and Partners PwC Legal regularly represents clients before the Hungarian administrative courts and the European Court of Human Rights in tax-related cases. Zoltán Várszegi has experience litigating before the Constitutional Court of Hungary and the European Court of Justice, and leads the team alongside Dániel Kelemen, who brings a wealth of experience in VAT, digital tax and transfer pricing issues to his role. Gergő Szimler, who was recently promoted to partner, covers matters relating to corporate income tax and excise duties, while Balázs Balog has in-depth knowledge of relevant EU law.

Practice head(s):

Zoltán Várszegi; Dániel Kelemen

Other key lawyers:

Testimonials

‘The law firm demonstrated expertise in relation to the Hungarian courts and good communication skills.’

‘The promptness with which the members of the team communicate and answer our requests and the detailed knowledge of the case’s aspects.’

‘Extensive expertise in taxation law, flexibility and quick response, great communication skills, efficient argumentation, understanding the client’s needs.

‘Balázs Balog and Zoltán Várszegi are approachable and very open-minded people.’

‘One of the core strengths is the really fast responsiveness and flexibility regarding calls but also regarding the finalisation of deliverables. Also strong: teaming and co-working with the in-house tax department.’

‘The team showed experience with the respective services and matter of the project.’

‘The individuals servicing my account have always been communicative and engaged in keeping the project alive. There have been long delays waiting for government decisions; they looked to expedite the process, provide updates and look for alternatives.’

‘What makes this practice unique is their level of dedication and interest in pursuing the ethically correct path from a tax perspective. They have supported my company over several years.’

Key clients

VITERRA Hungary Kft. (previously: Glencore Agriculture Hungary Kft.)

Yettel Magyarország Zrt.

Cargill (Cargill Magyarország Zrt.)

Kempinski Hotel Budapest Zrt.

Work highlights

  • Successfully represented VITERRA Hungary in several tax and customs disputes, including representation based on previous representations in front of the European Court of Justice.
  • Advising Yettel Magyarország on an extra profit taxation issue.

Hungary > Competition Tier 3

Cartel investigations are a key focus area for Réti, Várszegi and Partners PwC Legal‘s competition team, which represents clients in cases before the HCA and the CJEU. László Réti's expertise spans antitrust, merger control and consumer protection issues. Réti leads the team alongside Péter Zalai, who focuses his practice on the pharmaceuticals and energy sectors, particularly in terms of providing compliance advice. Zsófia Straubinger advises clients on dawn raids, as part of the team’s emphasis on preventative interventions. As part of the firm’s German desk, Márk Péter Baksa strengthens the team’s cross-border capabilities.

Practice head(s):

László Réti; Péter Zalai

Testimonials

‘They have a reliable team with impressive professional experience and wide-ranging specialist knowledge.’

‘We worked closely together with Péter Zalai and Márk Péter Baksa, two highly qualified professionals. Both are very committed, well-prepared professionals with high levels of analytical thinking and skills.’

‘Diversified expertise, customer focus, flexibility.’

‘They took into consideration the client’s perception, in addition to professional support. They were absolutely reliable and flexible. My favourite two practitioners are László Réti and Márk Péter Baksa.’

‘The team has deep experience and knowledge of both state aid and competition law, as well as the relevant industrial and market environment. They frequently cooperate with PwC’s other service lines and, thus, they solve complex problems.’

‘Zsófia Straubinger and Péter Zalai provided legal support throughout the completion of the project. Combining her deep experience and knowledge in both competition law and state aid law, Zsófia Straubinger developed an innovative approach.’

‘Very deep understanding of EU and Hungarian competition laws. Great support, great argumentation in difficult cases.’

‘Swift and professional actions, great defence document drafting and submission in critical situation.’

Key clients

Bellis Egészségtár Kft.

Jász-Plasztik Kft.

ROSSMANN Magyarország Kft.

Vulcan Steel Private Company Limited by Shares

Work highlights

  • Advised Bellis Egészségtár on merger clearance issues related to the acquisition of a medical aid wholesaler company.
  • Representing Jász-Plasztik in a fast-track sector inquiry conducted by the HCA.
  • Providing legal support to ROSSMANN Magyarország on competition law matters on a daily basis for almost a decade.

Hungary > Data privacy and data protection Tier 3

A recent expansion into the sports sector has seen the data protection and privacy team at Réti, Várszegi and Partners PwC Legal increase its data protection officer services. With varied industry expertise, Csilla Judit Dékány leads the team alongside László Szűcs, who focuses on data protection due diligence and compliance reviews. Edvin Pozsonyi counts sports organisations among his clients, as well as public service providers and start-ups. András Csenterics develops AI solutions, while Márta Zsédely advises public and private sector clients on compliance. Zsófia Straubinger handles GDPR projects within the healthcare and pharmaceuticals industries. Márton Farkas is regularly involved in GDPR projects on a cross-border basis.

Practice head(s):

Csilla Judit Dékány; László Szűcs

Testimonials

‘They are extremely knowledgeable in relation to data protection and any element regarding digitalisation.’

‘The team was very responsive and delivered high-quality advice. They also understand quickly and easily very complex fields of law.’

‘András Csenterics and Csilla Judit Dékány stand out as they are both exceptionally knowledgeable, client-oriented lawyers.’

Key clients

Rossmann Magyarország Kft.

PricewaterhouseCoopers Magyarország Kft.|PricewaterhouseCoopers Könyvvizsgáló Kft.

Work highlights

  • Acting as the data protection officer of ROSSMANN Hungary Kft.

Hungary > Real estate and construction Tier 3

Arable land transactions are a niche area of expertise for the real estate team at Réti, Várszegi and Partners PwC Legal. Investments are another specialism, and the practice supports clients from sale and purchase through real estate disputes to real property financing and refinancing. Eszter Gally, László Réti, Dániel Kelemen, László Szűcs and Dóra Horváth make up the leadership team. János Faragó is active in real estate-related due diligence projects, while László Dávid Zsolt specialises in commercial real estate expansion. Zsolt Ősi is another key name to note, along with Kristóf Tamás Bán.

Practice head(s):

László Réti; Dániel Kelemen; László Szűcs; Dóra Horváth; Eszter Gally

Testimonials

‘They have very strong and professional communication right from the start and immediately focus their full attention on the problem and come up with several solutions.’

‘The response time, as well as the professionalism of a dedicated partner to talk through the problem.’

‘Fast, precise work, good availability, thorough work, covering all details, strict adherence to deadlines.’

‘Professional practitioners with excellent problem-solving skills.’

‘László Dávid Zsolt is an extremely good expert in the real estate business, always meets deadlines and has high workload capacity.’

Key clients

Flovestor Passage Kft.

ROSSMANN Magyarország Kereskedelmi Kft.

SC Barak Development SRL

Vulcan Steel Private Company Limited by Shares

Natural Proteins Kft.

Work highlights

  • Providing a legal due diligence analysis to Vulcan Steel Private Company Limited in relation to the purchase of shares in an ironworks.
  • Assisting ROSSMANN Magyarország Kereskedelmi with the construction of its new logistics centre.
  • Advising Flovestor Passage on the acquisition of a state-owned villa, assisting with the auction, signing and closing processes.

Hungary > Commercial, corporate and M&A Tier 4

Six partners lead the corporate and M&A team at Réti, Várszegi and Partners PwC Legal: Zoltán Várszegi, Tibor Szabó, Dóra Horváth, Dániel Kelemen, Eszter Gally and Péter Zalai. Várszegi focuses on the energy, mining and telecoms sectors and, along with Horváth and Dalma Dudás, advises on the establishment of Hungarian subsidiaries of multinational companies. Kelemen has an established buyer and seller practice, advising on cross-border M&A. Szabó is regularly involved in due diligence processes, along with Gally and János Faragó.

Practice head(s):

Zoltán Várszegi; Tibor Szabó; Dóra Horváth; Dániel Kelemen; Eszter Gally; Péter Zalai

Other key lawyers:

Testimonials

‘Very detailed explanations provided to clients.’

‘Exceptional commitment to us as a client and a strong focus on finding constructive solutions. The team understood our situation very well and provided us with various scenarios how to move forward with our strategic plan, not only from a legal but financial perspective as well.’

‘The experienced Dániel Kelemen is available, always very calm and reassuring.’

‘Great professionalism of associates and partners.’

‘This team has the expertise to handle all simple and complex legal issues that arise in our fairly complex corporate environment. The team collaborates and communicates well with other functions within PwC.’

Key clients

Van den Bosch Transport Kft.

China Oceanwide Holdings Limited

Sumas Kft. (Graymont group)

AFC Magyarország Likviditás Menedzsment Kft.

Rossmann Hungary Kft.

Lallemand Magyarország Likviditás Menedzsment Kft.

Columbus McKinnon Hungary Finance Kft.

Bancorp Hungary Kft.

Bouxalanon Kereskedelmi, Szolgáltató és Likviditás Menedzsment Kft.

Multi Hungary Management Kft.

Vulcan Steel Private Company Limited by Shares

CB Engineering Kft.

Our leading lawyers have more than three decades of both business and legal experience. We provide legal assistance to a wide range of clients, including Hungarian undertakings, international groups of companies, high-net-worth individuals, local governments and authorities as well.

Utilizing our expertise and working in close cooperation with our clients, we develop innovative solutions, regardless of the boundaries of the numerous legal fields and industries. We focus on understanding industry specifics, and by taking a pragmatic approach and through teamwork, we ensure that our customers receive personalized and quick responses to their questions.

Close collaboration within the PwC network enables us to access and utilize PwC’s accounting, tax, human resources and other business consulting services, and thus provide complex, synchronized advice to our clients.

Services:
-Competition law and consumer protection
-Economic Criminal Law
-Employment law
-Energy, public services
-Waste management
-Environment protection law
-Investments, real estates
-IT, IP and data protection
-Legal disputes, debt recovery, insolvency cases, tax litigation
-Pharmaceutical law and health industry
-Public procurement, tendering procedures
-Restructuring, Mergers & Acquisitions
-Telecommunications and media
-Transport

Department Name Email Telephone
Photo Name Position Profile
Borbála Áder photo Borbála Áder Attorney-at-law
Márk Baksa photo Márk Baksa Attorney-at-law
Balázs Balog photo Balázs Balog Attorney-at-law
Balázs Balog photo Balázs Balog Attorney-at-law
Lajos Bernáth photo Lajos Bernáth Attorney-at-law
Zsuzsanna Bodnár photo Zsuzsanna Bodnár Attorney-at-law
Ferdinánd Bolvári photo Ferdinánd Bolvári Attorney-at-law
András Csenterics photo András Csenterics Attorney-at-law
Gabriella Czumpf photo Gabriella Czumpf Attorney-at-law
László Zsolt Dávid photo László Zsolt Dávid Attorney-at-law
Csilla Dékány photo Csilla Dékány Law Firm Member
Dalma Dudás photo Dalma Dudás Attorney-at-law
János Faragó photo János Faragó Law Firm Member
Eszter Gally photo Eszter Gally Law Firm Member
Dóra Horváth photo Dóra Horváth Law Firm Member
Dániel Kelemen photo Dániel Kelemen Law Firm Member
Miklós Klenanc photo Miklós Klenanc Attorney-at-law
Bence Lontai photo Bence Lontai Attorney-at-law
Kornél Matits photo Kornél Matits Attorney-at-law
Melinda Molnár photo Melinda Molnár Law Firm Member
Berta Pünkösti photo Berta Pünkösti Law Firm Member
László Réti photo László Réti Law Firm Member
Szilvia Storczer photo Szilvia Storczer Attorney-at-law
Zsófia Straubinger photo Zsófia Straubinger Law Firm Member
Noémi Szabó photo Noémi Szabó Attorney-at-law
Tibor Szabó photo Tibor Szabó Law Firm Member
Rita Szalay photo Rita Szalay Law Firm Member
Gergő Szimler photo Gergő Szimler Law Firm Member
László Szűcs photo László Szűcs Law Firm Member
Zoltán Várszegi photo Zoltán Várszegi PwC Partner, Head of Office
Péter Zalai photo Péter Zalai Law Firm Member
Zsófia Zomborszky photo Zsófia Zomborszky Attorney-at-law
Márta Zsédely photo Márta Zsédely Law Firm Member
Zsolt Ősi photo Zsolt Ősi Attorney-at-law
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