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GINOP-6.1.5-17 - Munkahelyi képzések támogatása nagyvállalatok munkavállalói számára

Február 14-én megjelent a GINOP-6.1.5-17 "Munkahelyi képzések támogatása nagyvállalatok munkavállalói számára" című pályázati felhívás. A felhívás főcélja, hogy az alkalmazottak foglalkoztathatóságának, a munkavállalók készségeinek és kompetenciáinak javítása révén növekedjen a vállalkozások versenyképessége, a nagyválalltokra vonatkozó képzéselérési arány tovább javuljon, és a támogatás ösztönözze a foglalkoztatókat munkavállaóik tudásának folyamatos fejlesztésére. További cél, hogy a vállalkozások saját forrásaikat kiegészítve minél több munkavállalójuk képzésbe történő bekapcsolódását tudják biztosítani.

További információkért kérem kattintson ide.

 

CMS Budapest Advises Goodman on Auchan's Large-scale Logistics Development Project

13 February 2018

CMS has advised Goodman, an Australian integrated commercial and industrial property group on the development of an 87,200 sqm greenfield logistics facility, which will be the largest of its kind ever built in Hungary.

The building is let to Auchan and will handle Auchan Retail Hungary’s food and non-food logistics for both existing and planned new stores, while also supporting the company’s online commerce countrywide.

CMS assisted Goodman in relation to the construction aspects and the letting of the building.

The CMS team was led by partner Gábor Czike and included senior associate András Klupács and consultant Róbert Kotsis.

Szecskay Attorneys at Law's 25th Birthday

Szecskay Attorneys at Law celebrated its 25th Birthday with over 400 clients and peers on the 12th of September 2017. Founder and named partner Andras Szecskay opened the event by giving an overview of the office’s past 25 years, from its beginnings after the political and economic changes in 1989 and the following period when international law firms entered the Hungarian market in the 1990s. He also explained other important milestones, such as the decision by the firm’s partners to remain independent.

Loyalty, commitment, dedication and professionalism are the key markers defining the office’s past and present. All 16 partners at the firm are “home-grown” and some of them have been working with the office right from its foundation.

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Szecskay Attorneys at Law claims victory in an EUR 35 million real property litigation

Szecskay Attorneys at Law secured a major victory before the Hungarian Supreme Court (Kúria) in its representation of a major real estate development company.

The litigation, which was commenced by the Hungarian State, was aimed at establishing that the contracts by which our client acquired two real properties were null and void. The properties were first sold by the Hungarian State to the local municipality, then the municipality sold them to our client. The case concerns two high profile real properties. The value of the claim was EUR 35 million (HUF 11 billion).

On November 14, 2017, the Kúria upheld the first instance judgement of the Metropolitan Court of Budapest, which rejected the Hungarian State’s claim. The Kúria confirmed that the contracts subject to the lawsuit were not invalid. The Kúria’s judgement is noteworthy because it overturned the second instance judgement, which held that the contracts were null and void for several reasons.

Szecskay Attorneys at Law’s litigation team consisted of András Szecskay, Judit Gulás and Miklós Boronkay.

András Szecskay, lead counsel in the case said: “We are extremely proud to have successfully represented our client in this high value litigation. The Kúria’s judgement concludes four years of litigation, which consisted of two first instance and two second instance proceedings. It is always difficult to overturn a second instance judgement, and we are happy to have achieved this.” Miklós Boronkay, senior associate added: “This was a complex and challenging case, both from a factual and a legal point of view. We saw two favourable first instance judgements getting overturned by the second instance court. We are therefore very pleased that we could secure the final victory.”

CMS Budapest advises NEPI Rockcastle on EUR 275 million acquisition of Arena Plaza shopping centre in Budapest

CMS advised NEPI Rockcastle plc on the acquisition of Arena Plaza shopping centre in Budapest, through buying all the issued shares in, and claims against, Symmetry Arena Ingatlankezelo Korlatolt Felelossegu Tarsasag, the owner of Arena Plaza. 

With a gross lettable area of 66,000m2, Arena Plaza is the second largest retail centre in Budapest and its EUR 275 million acquisition is considered to be one of the biggest Hungarian real estate transaction this year.

Real Estate team included Partners Gabor Czike and Jozsef Varady and Senior Associate Andras Klupacs, Associate Zsofia Zsurzsa, Trainee Aniko Szucs, and Lawyer Laszlo Jokay. The CMS Budapest Banking team representing the banks (as sellers of the senior loan receivable) in the framework of a Chinese Wall arrangement included Partner Erika Papp and Senior Associate Dorottya Varga-Giesz. Corporate law matters were covered by Partner and English law specialist Eva Talmacsi and Senior Associate Zoltan Poronyi.

Hungary's Most Excellent Companies Casebook 2017 Available

 

Organisational quality paves the way for business excellence. We all need good examples to learn from. The Hungary’s Most Excellent Companies Programme, initiated by Investors in People in partnership with the British Chamber of Commerce in Hungary, awards organisations that apply best practice in specific organisational areas and are able to shape the business culture in Hungary, in line with the strict criteria of the Investors in People Standard.

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CMS BUDAPEST ADVISES INVITEL GROUP ON THE SIGNING OF A SHARE PURCHASE AGREEMENT FOR THE SALE OF THE GROUP’S RESIDENTIAL BUSINESS TO DIGI HUNGARY FOR EUR 140 MILLION

CMS Budapest has advised the Invitel Group (Ilford Holding Kft. and Invitel Technocom Távközlési Kft.) on the signing of an agreement for the sale of shares representing 99% of the share capital and voting rights of Invitel Távközlési Zrt. to the Hungarian subsidiary of DIGI Communications. The agreement is subject to certain conditions, including approval by the Hungarian Competition Authority.

Invitel Távközlési Zrt. is part of the Invitel Group and is one of the key operators in the Hungarian telecommunications market with over 20 years’ experience, offering TV, internet and telephone services to residential and small business customers. The EUR 140m transaction is expected to complete in Q1 2018.

Earlier this year CMS Budapest has also assisted in the acquisition of Invitel Group by the China Central and Eastern Europe Investment Co-operation Fund, which is advised by CEE Equity Partners.

The CMS team assisting the Invitel Group was led by Anikó Kircsi, Partner, Head of Corporate/M&A and included Gábor Gelencsér, Senior Counsel from the corporate team. On the competition side, the team was supported by Dóra Petrányi, Partner, Head of Competition and Szabolcs Szendrő, Senior Associate.

CMS advises Becton Dickinson on the construction of a new plant in Hungary

 

CMS Budapest advised US medical technology company Becton Dickinson on its new plant opened at the Tatabánya industrial park, west of Budapest, following a HUF 6bn investment. The 10,500 square-meter plant will make immunology and cellular biology research reagents used for manufacturing medical products and it will reach full capacity in 2018 when it makes 8,000 different products.

The team assisting Becton Dickinson was led by Senior Associate András Klupács and Real Estate Partner Gábor Czike.

 

Hilton Budapest - New conference facilities in the Castle District of Budapest

Held on 1st June of 2017, the opening ceremony of Hilton Budapest’s Ballroom marked the completion of Phase 3 in the hotel’s comprehensive renovation project. As a result, the first floor of the building now offers a completely renovated Ballroom as well as a modern conference centre satisfying all needs. As far as the interior of the Ballroom and the related conference and meeting rooms were concerned, British design house Goddard & Littlefair was tasked with creating spaces fully in line with the existing image while also meeting the requirements of Hilton Budapest’s elegance and the business sphere. Another important aspect was that the multifunctional rooms may be used in variable size distribution so that they could be suitable for business meetings as well as private events. The renewed Ballroom is a perfect venue for gala dinners, conferences or other events as its 510- sqm size and 600-person capacity meets any demands. Equipped with cutting-edge audiovisual systems such as BOSE audio, professional data transmission devices and high-resolution screens, the Ballroom also has new furniture, curtains and carpets that match the elegance of any high-key event.

In addition to the Ballroom, the grand meeting room, which can be subdivided into three rooms (Endre, Béla, Levente), the separate conference room (Gizella) and four other Boardrooms have all been renewed as well. With a total area of 104 sqms and a capacity for as many as 106 participants, Endre-Béla- Levente meeting rooms are 35 sqms each. The enormous windows of the rooms offer a magnificent view on the Matthias Church. Ideal for meetings with 10 participants, the renovated Boardrooms provide user-friendly, touch-screen- controlled lighting, projector and audio technology along with window shading designed to fully shut out external lights. Owing to the high technology applied, guests can follow each moment of the Ballroom via the 60 inch smart HDTV sets installed in the rooms. With their views on the Parliament or the Dominican yard, the elegant air-conditioned rooms couple comfort with technical solutions.

New General Manager at GSK Pharma Hungary

GSK Hungary is pleased to announce that Samuel (Sam) Shaw has been appointed GM Hungary as of 1 October 2017. Sam joined GSK in 2013 as Global Marketing Director in the Global Respiratory Franchise before taking on his current role. Sam is a qualified physician and prior to joining GSK, he held a variety of roles across sales, marketing and medical affairs in Astra Zeneca UK and Servier. In his new role, Sam is responsible for managing the Pharma operations in Hungary and is a member of Central Europe Leadership Team.

Claire Roger, who lead GSK HU since 2015, has been appointed Commercial Director, Vaccines New Assets, France.

New market entry and back office support made easy

Whether you are entering Central and Eastern Europe for the first time or simplifying your existing operations, TMF Group can give you a QuickStart.

The Central and Eastern European (CEE) region offers business opportunities for companies of all sizes and across all industry sectors. It boasts domestic market stability, lower-than-EU-average tax rates and favourable tax environments.

CEE has been developing at a faster pace than Western Europe and is considered one of the growth engines of the EU economy. The Czech Republic, Hungary, Poland, Romania and Slovakia are set to remain among the fastest-growing economies in the EU for years to come.*

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Danubius revamping more than just the appearance of its hotels

Balázs Kovács, CEO of the Danubius Hotels Group looks back with satisfaction at the recent period and optimistically ahead to the coming months. He has a good reason for this as the hotel company has plans to introduce several novelties in the near future to increase guest satisfaction and to provide high-standard service at events in addition to the renovations already completed.

Budapest had a very successful season from the point of view of tourism. What does it mean for the Danubius Hotels Group?

On the whole, it can be said that these were the most successful months of our history of almost 50 years, which resulted from the sustained efforts and good teamwork of all of our colleagues.

Between May and August, sales are dominated by leisure tourism. During these months, we operated at high occupancy rates already in earlier years, but this year we managed to achieve a substantial increase in average room rates. This was also supported by various sports and other events such as the Formula-1 Hungarian Grand Prix and the 17th FINA World Championships held simultaneously in July. In the case of the latter, the Danubius Hotels Group was in a special position as our hotels were among those where organisers booked rooms for the athletes.

What renovations were completed this summer?

In Budapest, three of our hotels underwent more than a facelift. At Hilton Budapest, we renovated two-thirds of the rooms and created a spacious group check-in area for receiving large groups, from which guests are taken to the lobby by a panorama lift overlooking the most splendid sight of the city. We have modernised the Ball Room, which has the capacity for 600 guests, making it an even more perfect venue for weddings, gala dinners and conferences. This was done with the involvement of renowned interior designers, ensuring that all design elements reflect the harmony between the hotel’s historic features and modern elegance. I am convinced that our Buda Castle gem deservedly attracted recognition two years ago when it was one of the gold winners of the London Design Awards and in May this year when it won the title of Hungary’s best five-star conference hotel.

We will soon continue renovating the rooms at the Hilton, just as at the Radisson Blu Béke Hotel on the Grand Boulevard, where guest rooms and suites on two floors have so far been renovated. Here, the style of the interior furnishings combines sleek Scandinavian design and refined ergonomic solutions. We have also approved some exciting ideas for the revamping of the lobby and the Café Zsolnay, which has been firmly attached to the name of the hotel. So we will set to work again in the autumn.

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Kempinski Hotel Corvinus Budapest introduces its new Ten Rooms concept

Budapest, 18 April 2017 - Kempinski Hotel Corvinus has refurbished the entire first-floor meeting and events area, making its MICE offering the most innovative and unique by introducing the latest technology and design in the local market. Not only has available space-grown, but also creative opportunities! 

The objective was to bring the same quality of contemporary glamour as the recent transformation of the hotel’s public areas. The project has been managed in two phases. The first phase, taking place in summer 2016, saw the ballroom and associated areas benefit from a gentle redesign; phase two, which is on site as of April 2017, involves significant internal reconfiguration of the function rooms as well as new design schemes. Together, the works optimised the potential of this floor and created the level of experience commensurate with the Kempinski brand. Throughout, the design narrative by MKV Design followed the principles and aesthetics of the ground-floor public areas. 

New high-quality events furniture such as chairs, tables and desks of various sizes have been sourced from Brunner Germany, known for its smart products and top functionality. At the same time, the chefs have more opportunities for an updated gastronomic presentation, adding even more creative and healthy inspiration to the banquet menus. The Hotel’s contemporary art collection has acquired new pieces, to decorate the new events floor. 

 

Please click here to read the full press release.

 

CMS Budapest strengthens its Insurance practice with a senior hire

István Pozsgay has joined the Insurance practice of CMS as Of Counsel, effective from 2nd of October. 

István brings over 20 years of experience working as a commercial, transactional and regulatory legal professional in multinational corporate environment at US-based insurance companies in Hungary. Before joining CMS, István was Head of Legal and Data Protection Officer at MetLife Hungary and General Counsel and Compliance Officer at AIG/ALICO Hungary, where he also gained robust experience in compliance and data protection matters.

Managing Partner, Gabriella Ormai comments: “Adding István to our team illustrates our mission to have the best sector-experts on board. He has an extremely valuable knowledge and understanding of the insurance sector, which we intend to fully capitalize on.” 

“István’s work as a corporate counsel earned him an outstanding reputation on the market and a strong national and international network of key figures in the insurance sector, which will be an invaluable asset to us” – added Zsolt Okányi, CMS’ Global Head of Dispute Resolution and Head of Dispute Resolution at CMS Budapest.

“As Head of Legal at MetLife, I have been working with CMS for many years before actually joining the company, so I know that I will be part of a competent and professional team. I am positive that my years of experience as a corporate counsel in a heavily regulated sector such as the insurance sector will add a new dimension to the team’s current capabilities.” – said István Pozsgay.

CMS Budapest appoints József Várady as new real estate partner



CMS Budapest promoted its senior counsel József Várady to a partner of its real estate group. 

József has been working at CMS Budapest for over 14 years, where he has been involved in several real estate transactions and advised major Hungarian and international clients on real estate projects and litigation matters related to the sector. He also has significant experience in corporate and financing transactions and tax matters. 

„I am delighted to take a partner role within CMS. It is exciting times now in the real estate sector in Hungary and across the region and my priority as the new partner is to help further develop our No.1 real estate practice and keep servicing our clients to the highest standards” – said József Várady.

The appointment is part of the joint partner promotions of CMS, Nabarro and Olswang, involving 48 partners in 26 offices. The three firm have completed their merger on 1st of May, creating the world’s sixth largest law firm by lawyer headcount. CMS Cameron McKenna Nabarro Olswang is now present in 39 countries with 70 offices.

Gábor Czike, Head of Real Estate at CMS Budapest’s commented: “As our firm grows bigger and bigger, we also have to ensure the continuous growth of leadership and over the past years József has proven himself many times as an exceptional lawyer and a leader. His promotion not only reflects the invaluable contribution he has made to the firm but also our commitment to further invest into the real estate practice.”

József commenced his new role on 1st of May 2017.

 

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