Hungary —
Quality. Knows no borders.

The Vienna-based investment manager GalCap Europe has acquired its third real estate in the Hungarian capital, a single-tenant office building named Rumbach Center located in the heart of Budapest, on behalf of a German Pension Fund, managed by Institutional Investment Partners.

CERHA HEMPEL has advised the MK Group Global Limited ("MKG") in connection with the cross-border purchase of the loan portfolio of Heta Asset Resolution AG ("HETA") and the acquisition of the direct and indirect shareholdings of HETA in three Slovenian wind-down entities, which manage receivables from non-performing loans granted by the former Hypo Alpe-Adria-Bank International AG and its…

Since June 2020, Mag. Ralph Summer (30) has strengthened the data protection practice as an attorney in the team of partner Dr. Hans Kristoferitsch, LL.M.

CERHA HEMPEL has advised San Pacific Investment Pte. Ltd. ("San Pacific") and San Venture Biotech Pte. Ltd. ("San Venture") in connection with the sale of their shareholdings in Erber AG to Royal DSM.

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CERHA HEMPEL together with German law firm Menold Benzler has advised Alfred Ritter GmbH & Co KG on its acquisition of a production facility belonging to Mars Austria OG in Breitenbrunn with effect from 1 January 2021.

The Hungarian Government adopted Government Decree No. 227/2020 (V.25.) on the economic protection of Hungarian enterprises, which regulates foreign investments in connection with “strategic” Hungarian firms.

GBTEC Software + Consulting AG has expanded its offerings in the area of governance, risk and compliance (GRC) through the acquisition of all shares in avedos GRC GmbH.

How are children protected after the conversion to online education and what are the responsibilities of children, parents, teachers and schools? What should they to do if they want to act lawfully?