DLA Piper has promoted Florin Tineghe, Gabor Simon, Michal Gajdus, and Piotr Miller to Partner as part of the firm's latest promotion round.
Kinstellar Mints New Partners
Kinstellar has promoted Magda Raducanu and Jan Lehky to Partner.
Accessibility Law and Its Impact on Banking Services in Romania
Romania is set to implement a significant legal framework aimed at enhancing the accessibility of products and services for all consumers, particularly those with disabilities.
Sorainen Advises Eiffel Investment Group on EUR 20 Million Financing for Renewables Portfolio in Baltics and Central Europe
Sorainen has advised Eiffel Investment Group on a EUR 20 million debt financing provided by the Eiffel Energy Transition III fund to Envolve Capital.
Ellex Advises Nordic Solar on EUR 24.15 Million Swedbank Financing for Svencionys Solar Park
Ellex has advised Nordic Solar on securing EUR 24.15 million in financing from Swedbank for the completion of its 80-megawatt photovoltaic park in the Svencionys district in Lithuania.
The Government Has Decided on Changes to Facilitate the Use of Cash
In March 2025, the Hungarian Government decided to significantly strengthen Hungarian citizens’ right to use cash. In this context, the Fundamental Law has been amended, so that the possibility to pay in cash will become a fundamental right. According to the explanatory memorandum, this is necessary to avoid the economy becoming completely vulnerable to electronic financial systems.
1 July 2025: A Key Deadline for Crypto Asset Service Providers in Hungary
The regulatory landscape for crypto assets is undergoing significant changes, driven by the European Union’s Markets in Crypto-Assets Regulation (MiCA) (Regulation 2023/1114).