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Updates to the Hungarian Merger Control Regime

Significant changes to Hungarian merger control rules will enter into force in early 2023. Most changes are intended to reduce red tape and increase flexibility. They include an increase to the “hard” turnover thresholds, a...more

New Hungarian legislation on national security vetting of foreign investors to apply from 1 January 2019

On 2 October 2018, the Hungarian Parliament adopted a new law, which will require ministerial approval for foreign direct investment into specific sectors. The law, currently awaiting sign-off from the President and then...more

Hungarian bill on national security vetting of non-EEA purchasers in sensitive sectors

A new draft bill in Hungary proposes ministerial approval for certain foreign direct investments into specific sectors. If adopted, the law may apply relatively soon – it may affect transactions set to close after 1 October...more

Hungary proposes introducing national security vetting of non-EEA purchasers in sensitive sectors

A new draft bill proposes that certain foreign direct investments into Hungary will require the approval of the Interior Ministry. The new rules are proposed to take effect from 29 June 2018, and should be considered in all...more

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