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Kinstellar advises the Hungarian State on its investment with Airbus in a greenfield project

July 2020 – Kinstellar's team in Budapest has advised the Hungarian State on a greenfield investment in the aerospace sector. The Hungarian State invested into a helicopter spare parts manufacturing plant to be established in Hungary jointly by Airbus Helicopters and the wholly Hungarian State owned NLP Nemzeti Légiipari Projekt Kft.

The new helicopter part manufacturing entity is called Airbus Helicopters Hungary Kft. and will manufacture high-precision metallic elementary parts of helicopters for the complete Airbus product range and will employ more than 200 highly-trained workers in Hungary. Kinstellar's mandate included afull-scale legal support regarding the establishment of the joint venture entity as well as the initial steps to establish a surface treatment unit necessary for the production of helicopter parts.

Kinstellar's Budapest team was led by Ákos Nagy, Partner, supported by Péter Vörös, Partner, Eszter Takácsi-Nagy, Senior Associate, László Palócz, Associate, Ágnes Zsófia Szabó, Senior Associate and Orsolya Staniszewski, Associate.

For more information please contact Ákos Nagy, Partner, at

e-mail

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