Blog
Hungary’s Investment Policy under the Magyar Government: Analysis and Practical Compliance Guide (Part II)
Five months after Hungary’s change of government, enforcement against battery and heavy-industry plants has become more visible, not more arbitrary. Since 25 October 2026, fines for operating without or outside an environmental permit can reach 5% of the previous year’s net turnover for larger companies, capped at HUF 5 billion, with a floor of 0.5% of turnover for repeat or serious offenders. A ten-point compliance checklist for Chinese investors.
13 July 2026 · dr. Czudar Balázs – Cheng Tao (DHH Qingdao)Chinese Companies in Hungary Under the New Government: What Has Changed, and How to Respond
Hungary's 2026 change of government is a regulatory reset, not an anti-China turn: the new system is stricter but more predictable, and for prepared investors who take compliance seriously, it is a competitive advantage.
24 March 2026 · dr. Czudar BalázsIdentical Text, Different Legal Substance
The same contract does not carry the same legal risk in every legal system – the hidden pitfalls of Chinese–Hungarian business contracts and the crucial role of choosing the governing law.
10 February 2023 · dr. Czudar BalázsVAT on Municipal Procurement – Legal Optimisation
Municipalities often order public services from their own companies at VAT-inclusive prices — yet, under a public service contract and subject to certain conditions, they could finance essentially the same activity free of VAT. The legal boundary between a subsidy and consideration.
30 June 2022 · dr. Czudar BalázsThe Energy Market and Supply Risks – What Happens If an Energy Trader Goes Bankrupt?
Industrial users lock in their electricity and gas years in advance — but what happens if the trader goes bankrupt and they have to pay a multiple of the contracted price? The lessons of a 2021 energy-trader bankruptcy-protection case and the legal room for manoeuvre available to users.