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Energy & Climate Change

Hungary

With more than 450 energy and climate change lawyers, including over 100 partners, the CMS Energy and Climate Change practice is one of the largest of its kind in the world. Led from its centres of excellence such as London and Aberdeen, the practice works across 75 offices globally. Our early work in designing and implementing modern energy markets and subsequently guiding the sector in the push to decarbonisation means CMS is not only a transactional or project adviser to the sector, but uniquely placed to help shape its present and future.

A key driver of the global economy, the energy and climate change sector is affected by geopolitical, economic and regulatory pressures. You require advisors who understand your industry and work with leaders of energy companies, regulators, governments, industry bodies and investors on the cutting edge of commercial, regulatory and risk issues in the sector.

Based across 15 jurisdictions in Central and Eastern Europe, we have been active in CEE since the beginning of the privatisation and liberalisation of the energy and climate change sector across the region. We have helped to shape the sector by advising on the most high-profile and ground-breaking projects and transactions over many years.

The team is highly responsive, business-minded, commercial and pragmatic.
Chambers

Our dedicated energy and climate change lawyers work in every part of the sector, including upstream and downstream oil & gas, electricity, nuclear and renewables. Whether you are a NOC, IOC, independent, electricity company, investor, government or financial institution, we have the energy and climate change specialists to meet all your strategic challenges globally.

Our multi-disciplinary teams were among the first to advise on ground-breaking global oil and gas M&A and on power projects in Europe, to establish a single electricity market in Northern Ireland and the Republic of Ireland, lead historic electricity industry reform in Mexico, and work on renewable energy projects globally.

The Energy & Climate Change Team in Hungary is one of the most significant market players with a strong market share in renewable energy and oil & gas. Moreover, the uniquely wide expertise of the team members covers every segment of the energy market with a focus on electricity, oil & gas, and chemical and environmental related matters.

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High­lights of ex­per­i­ence in En­ergy in Hun­gary

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CMS Ex­pert Guide to Re­new­able En­ergy
27 Mar 20
Hun­gary is­sues emer­gency de­cree in re­sponse to pan­dem­ic
As part of the Hun­gary's re­sponse to the COV­ID-19 pan­dem­ic, on 27 March the Hun­gari­an gov­ern­ment is­sued an emer­gency de­cree, which height­ens re­stric­tions, fur­ther lim­its the move­ment of people with­in...
27 Mar 20
Hun­gary holds 5G auc­tion with Mag­yar Telekom, Tel­en­or and Voda­fone...
In a 5G auc­tion held in Hun­gary on 26 March 2020, Mag­yar Telekom, Voda­fone Hun­gary and Tel­en­or Hun­gary came out on top ac­quir­ing 15-year li­cences for spec­trum in the 700MHz, 2100Mz and 3600Mhz bands....
25 Mar 20
New Hun­gari­an law de­tails stat­utory pay­ment morator­i­um
In a fur­ther aid meas­ure is­sued in re­sponse to the COV­ID-19 crisis, Hun­gary just passed a new law de­tail­ing the stat­utory pay­ment morator­i­um for ex­ist­ing loan agree­ments that has been in place in Hun­gary...
25 Mar 20
Hun­gary in­tro­duces 2nd round of eco­nom­ic meas­ures in re­sponse to coronavir­us...
Hun­gari­an Prime Min­is­ter Vikt­or Or­bán an­nounced the im­ple­ment­a­tion of a second eco­nom­ic pack­age on Monday, 23 March 2020 to mit­ig­ate the ad­verse im­pact of the coronavir­us out­break on the eco­nomy. The...
23 Mar 20
Hun­gary re­laxes cer­tain pub­lic-pro­cure­ment rules dur­ing COV­ID-19 crisis
Ac­cord­ing to Gov­ern­ment  De­cree No. 48/2020 ef­fect­ive from March 20, dir­ect pur­chases from Hun­gari­an sources (not in­clud­ing those from EU sources) that dir­ectly re­late to pro­tec­tion against the coronavir­us...
20 Mar 20
The Hun­gari­an Gov­ern­ment's re­sponse to the coronavir­us crisis: state...
Apart from the key health is­sues res­ult­ing from the COV­ID-19 pan­dem­ic, ad­dress­ing the ser­i­ous dis­turb­ance across the EU eco­nomy is be­com­ing in­creas­ingly ur­gent, rais­ing ma­ter­i­al Com­pet­i­tion Law and State...
19 Mar 20
Hun­gary: Eco­nom­ic meas­ures passed to tackle the fall out of the coronavir­us...
On 18 March 2020, Hun­gari­an Prime Min­is­ter Vikt­or Or­bán an­nounced the im­ple­ment­a­tion of an eco­nom­ic pack­age con­tain­ing meas­ures to mit­ig­ate the ad­verse im­pact of the coronavir­us out­break on the na­tion's...
17 Mar 20
Hun­gary closes bor­ders to non-res­id­ents, can­cels flights, re­stricts...
In a bid to cur­tail the spread of the coronavir­us, the Hun­gari­an gov­ern­ment in­tro­duced strict meas­ures that in­clude clos­ing its bor­ders, can­cel­ling in­ter­na­tion­al flights from high-risk na­tions, ban­ning...
12 Mar 20
Hun­gary: Data pro­tec­tion au­thor­ity is­sues guid­ance on coronavir­us
The Hun­gari­an data pro­tec­tion au­thor­ity (NAIH) has is­sued a guid­ance to or­gan­isa­tions re­gard­ing the pro­cessing of per­son­al data vis-à-vis pro­ced­ures for pre­vent­ing the spread of the coronavir­us. Com­pared...
17 Feb 20
New EU reg­u­la­tion con­cern­ing the re­lo­ca­tion of re­gistered seats
The new amend­ment to Dir­ect­ive (EU) 2017/1132 for cross-bor­der con­ver­sions, mer­gers and di­vi­sions be­came ef­fect­ive on 1 Janu­ary 2020 res­ult­ing in sig­ni­fic­ant changes to cor­por­ate, la­bour and tax law reg­u­la­tions....
07 Feb 20
W&I in­sur­ance policies gain a pres­ence in Hun­gary
The War­ranty & in­dem­nity (W&I) in­sur­ance policy, an already well-known and pop­u­lar product over­seas and in the west­ern M&A mar­kets, is now gain­ing a pres­ence in Hun­gary and is be­ing used more and more...