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Sofia | Bulgaria

Kinstellar hosts exclusive, first-of-its-kind event in Bulgaria for heads of legal departments and senior in-house lawyers

June 2018 – On 12 June 2018, Kinstellar’s Sofia office held the conference “The Growing Role of Company Lawyers in a Multi-Challenging Business Environment”— an exclusive, first-of-its-kind event in Bulgaria dedicated to general counsels, heads...

Bulgaria introduces rules for the exchange of employment-related electronic documents

May 2018 – In May 2018, the Bulgarian Ministry of Labour and Social Politics adopted an ordinance for employment-related electronic documents and the requirements for their creation and storage in an employee’s file (Наредба за вида и...

Bulgaria plans to introduce a range of derogations from the EU General Data Protection Regulation

The majority of the specific additional requirements concern compliance with core GDPR requirements and data processing for employment purposes
May 2018 – The Bulgarian government has announced a set of specific requirements relating to the...

Kinstellar organises the first exclusive business conference dedicated to heads of legal departments and senior in-house lawyers in Bulgaria

The growing role of company lawyers in a multi-challenging business environment
12 June 2018, Sofia, Hilton Hotel
Media partner of the event: CEE Legal Matters
Kinstellar, a leading international law firm operating in ten jurisdictions...

Kinstellar advises Marriott on its first managed hotel in Bulgaria

May 2018 – Kinstellar has acted as the exclusive legal advisor in Bulgaria to International Hotel Licensing Company S.A.R.L, a subsidiary of Marriott International Inc., on their first management agreement for a Marriott hotel in Bulgaria.

Kinstellar Real Estate specialists Victor Constantinescu, Antonia Mavrova and Selma Mujezinović took part in the panel at PropertyEU Investment Briefing, in Bucharest

April 2018 – Victor Constantinescu, Partner and Head of SEE Real Estate, together with Antonia Mavrova, Counsel in our Sofia office, and Selma Mujezinović, Partner in our Belgrade office, were part of the panel of specialists at the PropertyEU Investment...

A step toward making the assignment of foreign professionals in Bulgaria easier

April 2018 – The Bulgarian National Assembly has recently passed an amendment to the Labour Migration and Labour Mobility Act. Its aim is to ease the procedure for Bulgarian companies to hire citizens of countries outside the EU and EEA. This is in...

Yet another wave of EU regulations in the financial sector reaches Bulgaria’s shore

March 2018 – There is hardly any major business that will not be affected by the entry into force of the EU General Data Protection Regulation (GDPR) on 25 May. In addition to that, the financial services providers need to prepare for and be compliant...

Kinstellar advises DZI, KBC’s Bulgarian insurance subsidiary, on its acquisition of UBB-MetLife and on the merger control approvals

March 2018 – Kinstellar is delighted to announce that we have advised DZI on the acquisition of 100% of the share interest in UBB-MetLife Insurance Company. The deal included the parallel acquisitions of the 40% Metlife’s and 60% UBB’s stakes in...

Bulgaria-based corporates and NGOs must disclose their ultimate beneficial owners by February 2019

March 2018 – The Bulgarian parliament voted into law on 14 March 2018 a bill that will repeal and replace the existing Act on the Measures against Money Laundering (the “New AMML” or the “Act”). The New AMML is meant to transpose Directive (EU)...