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ARTICLE · 13 AUGUST 2024

New Architecture Act: Does It Support The Local Market Or Only Aims Regionalization?

Schoenherr (Schönherr Rechtsanwälte)
Schoenherr (Schönherr Rechtsanwälte)
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Schoenherr (Schönherr Rechtsanwälte)

Schoenherr (Schönherr Rechtsanwälte)

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Hungary, renowned for its architectural heritage, is on the verge of a major transformation in architecture and construction.

HungaryReal Estate and Construction

Hungary, renowned for its architectural heritage, is on the verge of a major transformation in architecture and construction.

By setting several targets, the new Architecture Act aims to protect and preserve green space and the country's existing architectural heritage, promote an energy-conscious transformation of the economy, and encourage quality and sustainable architecture and environmentally friendly design. It also introduces new measures to transform the construction industry and an extensive right of first refusal of the Hungarian State for exports of construction materials and products. To ensure the traceability of imported and exported construction goods, distributors will need to register themselves.

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