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ARTICLE · 14 FEBRUARY 1997

M & A Transactions In Hungary

HungaryCorporate/Commercial Law
I. INTRODUCTION

During the past decade a reversal has taken place in the concentration of capital in Hungary. The process may be characterized as reversed in comparison with processes in most developed market economies because during the nineties, parallel to establishing democracy, Hungary witnessed capital being divided into small fragments and the Hungarian economy being reformed on the basis of private ownership. As of today, after the above-mentioned initial process, there is a clear need for the concentration of capital in the Hungarian economy which is an essential element of business development and the operation of capital.

In the years to come a significant increase in the number of M&A transactions and a substantial concentration of capital can be expected in the Hungarian economy, in which foreign investors will take on a preferred role due to the complete openness of the economy.

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