Kinstellar successfully completes the acquisition of Noerr’s Bucharest operations, following the acquisition of Noerr’s Offices in Bratislava and Prague
Explore our news, deals and insights
Kristóf Ferenczi is appointed Firm Managing Partner of Kinstellar

News, deals & insights

Deals November 2024

Kinstellar advises Ardian on the Romanian side of the transaction for the acquisition of a majority interest in Vista Vision

Kinstellar is proud to have advised Ardian, one of the world's leading private equity investment companies, on the Romanian side of the transaction for the acquisition of a majority interest in Vista Vision, a leading provider of healthcare services specialising in ophthalmic and refractive surgery. The transaction includes the indirect acquisition of 100% of the shares in two Romanian subsidiaries, Vista Vision and SIM Vision. Headquartered in Milan, Vista Vision was founded in 2003 and currently operates 12 clinics across Italy and five in Romania. The company is a leader in opthalmology healthcare, specialized in laser eye surgery for the correction of myopia and cataract surgery. Kinstellar's legal team

News November 2024

Important notice to our valued Clients: Beware of impersonation emails

4 November 2024 – It has come to our attention that some companies in Hungary have received unauthorised fraudulent emails falsely claiming to originate from Kinstellar's Budapest office (wrongly called "Andrékó Ferenczi Kinstellar Ügyvédi Iroda" – our Budapest Office's official name is different). This appears to be part of an illegal scam campaign. We assure you that these emails did not come from our official Kinstellar domain and have nothing to do with our Firm. Our IT and Risk & Compliance teams are giving this matter their highest priority and are actively investigating the issue. We are bringing this matter to the relevant authorities. Importantly, this illegal scam campaign appears to have been

Deals October 2024

Kinstellar advises Orbico on strategic acquisition in Ukraine

Kinstellar has acted as Ukrainian legal counsel to Orbico Group on the acquisition of a controlling stake in SAV 92, a leading Ukrainian distributor of branded international and Ukrainian food and non-food products. This multi-stage transaction marks a significant step in Orbico's strategic expansion into the Ukrainian market. Orbico Group is a leading distributor of a large number of globally known brands ranging from beauty care to motor oil products. Orbico cooperates with more than 180 suppliers, manages more than 500 global and local brands, and supplies to more than 59,000 customers. Kinstellar's advice included due diligence, securing unconditional merger control clearances for a gradual transfer of control

Insights October 2024

The legal effects of electronic signatures from the perspective of Law No. 214/2024 in Romania

On 8 October 2024, the Romanian law on the use of electronic signatures, timestamps and the provision of trust services based on these ("Electronic Signature Law") entered into force. The legislation introduces a new legal framework for electronic signatures, in close alignment with Regulation (EU) No. 910/2014 on electronic identification and trust services for electronic transactions in the internal market ("eIDAS Regulation"). Particularities of the legal effects depending on the type of electronic signature used: A. Qualified electronic signature – this is a signature created by a qualified electronic signature-creation device based on a qualified certificate for electronic signatures. While the Electronic

Insights October 2024

Ukraine advances toward introducing medical cannabis circulation

During September and early October, the Ukrainian government adopted secondary legislation to further the implementation of the so-called Cannabis Law. Click on one of the images below or use the following links to read our overview in English or in Ukrainian. Download in English: Download in Ukrainian:

Deals October 2024

Kinstellar advises Wienerberger on the acquisition of Czech concrete paver manufacturer Betonárna Lesonice

Kinstellar has successfully advised Wienerberger on the acquisition of Betonárna Lesonice, a Czech manufacturer of concrete pavers. This strategic acquisition strengthens Wienerberger's position in the construction and infrastructure sectors, addressing the growing demand for concrete paving and advanced sound insulation solutions in the Czech market. Kinstellar acted as legal counsel to Wienerberger, providing full-scope advisory throughout the transaction. The team was co-led by Barbara Kusak (Partner) and Michal Janíček (Counsel), with key support from Matěj Bolek (Senior Associate), Tereza Marek, Štěpán Gřešák, Matěj Korduliak (Associates), and Pavel Hrdý (Junior Associate). BDO provided financial

Insights October 2024

TMT Legal Update

Our TMT Legal Update provides insights from our law experts and aims to keep you regularly up to date with sector news, trends and legislation in the Central and Eastern Europe and Central Asia regions. This issue covers key updates from our jurisdictions from the past few months. REGIONAL Implementation status of certain EU regulations Technology  01. New development regarding NIS 2 Directive implementation in various Kinstellar jurisdictions The EU's NIS2 Directive is a cybersecurity act aimed at improving overall cybersecurity in the EU. Member States must implement it by 17 October 2024. Below we provide

News October 2024

Competition Law in the CEE Region: "Cross-Sector Perspectives" Conference

We are pleased to announce Kinstellar's Competition Law Conference: Cross-Sector Perspectives, taking place on 15 November 2024 at the Hilton Hotel in Belgrade, Serbia. This exclusive event will bring together leading experts to explore the latest developments and challenges in competition law, providing valuable insights across various sectors. T he agenda includes: Fast Forward: Competition and the Current Trends in FMCG, moderated by Olga Šipka, Special Counsel, Co-head Competition & State Aid, Kinstellar, Belgrade Speakers: Stefan Dobrić (Bambi), Vukašin Petković (Nectar Group), Vitaly Pruzhansky (RBB Economics), Branislav Žeravić (Delhaize), Geoffroy van

News October 2024

Tímea Bana, a leading TMT lawyer in Hungary, joins Kinstellar as Partner

Kinstellar is pleased to announce that Tímea Bana, a high-profile Technology, Media, and Telecommunications (TMT), Data Protection (DP) and Intellectual Property (IP) lawyer, has joined the firm's Budapest office as a Partner and Head of the local TMT service line and sector, effective 14 October 2024. This strategic move reflects Kinstellar's commitment to enhancing and expanding its TMT team in Hungary to serve our clients seamlessly across all service lines and sectors. With over 20 years of experience at media companies and top-tier law firms, Tímea is a renowned expert in media, telecommunications and entertainment law. She brings a broad range of knowledge and experience across telecommunications regulatory

About us

Kinstellar acts as trusted legal counsel to leading investors across Emerging Europe and Central Asia. Our reputation for quality, excellence and integrity speaks for itself.

With offices in eleven jurisdictions and over 300 local and international lawyers, we deliver consistent, joined-up legal advice and assistance across diverse regional markets – together with the know-how and experience to champion your interests while minimising exposure to risk.

Our clients include leading international and regional corporations, banks and other financial institutions, state bodies, multi-lateral institutions, and international law firms with clients that require top-quality legal counsel in our jurisdictions. We handle the most important and complex assignments for clients across diverse industries and business sectors.

12
offices
300
lawyers
58*
top-tier
rankings

solutions


*2022 rankings in core practice areas in international legal directories (Chambers & Partners, Legal 500, IFLR1000)

Meet our people

With expert local knowledge and a track record at the international level, our lawyers provide top-tier advice and client service in Emerging Europe and Central Asia.

Our Team

Newsfeed

🎉 Celebrating 16 Years of Kinstellar! 🎉 📅 This November, we mark Kinstellar’s 16th anniversary—a milestone made possible by our incredible #team whose hard work, talent, and dedication have shaped our journey. 🙌 This year alone we have welcomed around 100 new team members within our ranks and added new capabilities (as a result of the acquisition of Noerr’s operations in the Czech Republic, Romania and Slovakia), appointed new firm-wide leadership, and have succeeded to win and complete truly impressive and ground-breaking deals. 🌟 We are proud of the outstanding brand and community we’ve built together. Here’s to staying connected, staying exceptional, and to many more years of growth. 📽 Take a look at highlights from our recent firm-wide retreat in Prague, where we gathered as one team to reflect on our journey and the road ahead—and, of course, to have a little fun! 🥂 This is just a glimpse of who we are and the spirit that drives us forward. 🧡 Onwards and Upwards, Team #Kinstellar! Here’s to many more years together. 🚀 #exceptionaltogether

🌟 Proud of our IFLR1000 #2024 results in Central & Eastern Europe! ✨ 🔸 29 overall rankings, 🔸 9 top tier 👉 🇧🇬 #Bulgaria: #Banking, M&A; 🇨🇿 #Czech Republic: M&A and Project Development; 🇭🇺 #Hungary: #Banking, Project Development; 🇸🇰 #Slovakia: #Banking, M&A, Project Development; and 🔸 44 Leading Individuals. 🙌 Congratulations to our incredible team, and 🙏 thank you to our clients for your continued trust and partnership. Here’s to more achievements, together! 🎉 #exceptionaltogether #IFLR1000 #CEE #Teamwork #ClientTrust #awardsandrecognition

🌟 We are proud to announce that our colleague, Matěj Večeřa, Senior Associate in our #Prague office, has been recognised as one of the Rising Stars in the #PRVNÍCH100LET project! 🙌 This unique showcase celebrates the future of the #legal profession by highlighting 15 outstanding young talents from both domestic and international law firms. These professionals are distinguished by their exceptional expertise, empathy, and team spirit, and we couldn’t be more thrilled to see Matěj included among them. 👏 Congratulations, Matěj, on this well-deserved recognition! Thank you for your dedication, drive, and commitment to excellence in everything you do. Here’s to your continued success and bright future in the world of law! 💼 #exceptionaltogether #RisingStars #YoungTalent #LawFuture

📢 📰 We are delighted to share that #Kinstellar's dedicated #employment team in #Bulgaria, #Croatia, #Czech Republic, #Hungary, #Kazakhstan, #Romania, #Serbia, #Slovakia, #Turkey, and #Uzbekistan, has contributed to the latest edition of the International Employment Lawyer (IEL) Guide to Whistleblowing. 🗺️ With an increasing global focus on accountability and transparency in the workplace, the guide provides essential insights to help organisations navigate the evolving landscape of whistleblower protection laws and compliance—ensuring companies are prepared to address and prevent corporate misconduct. ⚠️ 🙏 A special thanks to the authors: 🇧🇬 Bulgaria: Nina Tsifudina (Partner and head of the firm-wide #Employment service line), Vilislava Kolarova (Junior Associate) 🇭🇷 Croatia: Vedran Kopilović (Counsel), Zrinka Ivanković Šperanda (Senior Associate) 🇨🇿 Czech Republic: Iva Bilinska (Managing Associate) 🇭🇺 Hungary: Daniel Peter (Managing Associate and co-head of the firm-wide #Employment service line), Szabolcs Szilágyi (Associate) 🇰🇿 Kazakhstan: Kuanysh Kanlybayev (Managing Associate) 🇷🇴 Romania: Remus Codreanu (Partner), Lidia Zarnescu (Senior Associate) 🇷🇸 Serbia: Kristina Pavlović (Managing Associate) 🇸🇰 Slovakia: Matúš Kočíšek (Associate) 🇹🇷 Turkey: Ceren Ceyhan, Hatice Arslan (Associates) 🇺🇿 Uzbekistan: Kamilla Khamraeva (Counsel), Dilnora Mirabdullaeva (Legal Assistant) 📙 Read the full guide here: 🔗 https://bit.ly/48oixxK #intheknow #Whistleblowing #EmploymentLaw #IELGuide #CorporateGovernance

📢 🇺🇦 We are proud to have acted as Ukrainian legal counsel in another major #acquisition in #Ukraine. Our #Kyiv office advised #Croatia’s Orbico d.o.o., a leading distributor of global and Ukrainian brands, on the strategic #acquisition of a controlling stake SAV 92, a leading Ukrainian distributor of branded international and Ukrainian food and non-food products. 💼 Our advice included due diligence, securing unconditional merger control clearances for a gradual transfer of control, assistance with the structuring of the transaction, the preparation and negotiation of the transaction documentation, and with closing and post-closing matters. 🚀 Olena Kuchynska, office Managing Partner noted, "We are delighted to support international business in Ukraine. The transaction indicates our client’s confidence in Ukraine as a robust and viable market." 🌟 The Kinstellar team in Kyiv was led by Managing Partner Olena Kuchynska, Of Counsel Ihor Kitela and Counsel Yulia Eismont and included Partner Illya Muchnyk and Managing Associate Oleksandra Poliakova (Finance), Senior Associate Mykola Lykhoglyad and Junior Associate Danylo Kholodyan (Corporate), Associate Olena Tsygulska and Junior Associate Maiia Savelieva (Competition). 🔗 https://lnkd.in/dJAUMxqy #donedeals #MergersAndAcquisitions #Ukraine #distribution #exceptionaltogether

📢 🇷🇴 We have recently hosted the ''Annual Tax and Finance Conference in Romania'', a highly insightful and well-attended event, where we explored the latest trends in #accounting, #tax, #finance, and #stateaid on the local market. 💼. ✎ Key take-aways from the event: 🔸 starting with the financial statements for 2024, companies will face new size criteria for classification, with a slight relaxation, while from 2025, large and medium entities must comply with new sustainability obligations. 🔸 the substance of a contract often outweighs its form, and authorities can reclassify an independent activity as dependent, imposing employment taxes even if the formal independence criteria are met. 🔸 fiscal amnesty is a crisis solution, given Romania’s excessive budget deficit, encouraging businesses to take full advantage of this relief despite its modest impact on the overall deficit. 🔸 concerning the EU directive on improving working conditions for digital platform workers - it introduces a framework for determining the correct professional status of workers and the two-year timeline for its transposition into national law. 🔸 Romania is naturally transitioning to Research & Development, adapting to this shift is essential, with the challenge being to align all resources to create a robust R&D ecosystem in Romania. ➡️ Full article (in Romanian), here: https://lnkd.in/eet_-2ii 🙏 Thank you to our speakers, Iulian Sorescu – Head of Financial, State Aid & Management Consulting Services, Theodor Artenie – Head of Tax, Nicoleta Florea – Head of Accounting & Payroll, Carmen Mazilu – Tax Advisor, Lidia Zarnescu – Co-head of Employment & Labour Law for their contributions (short excerpt in Romanian, below). We are especially grateful to BusinessMark for partnering with us and to all the guest speakers who contributed to making this event a success! 🙌 #exceptionaltogether #intheknow #TaxFinance2024 #FinancialAdvisory #TaxLaw

🇷🇴 📝 In a significant development for the legal landscape in #Romania, Law no. 214/2024 has introduced important regulations regarding the legal effects of #electronic signatures, enhancing the framework for digital transactions. ➡️ Authored by Cătălina Băluș and Stefana Bucur, the article explores the implications of this law, highlighting its potential to streamline business operations and improve efficiency in contractual agreements. The amendments clarify the legal standing of electronic signatures, aligning Romania with international standards and fostering a more secure digital environment. 👉🏻 Click on the link below to read our insights on the legal effects of electronic signatures under the new law. 🔗 https://lnkd.in/dEpkWXYz #intheknow #electronicsignatures #leadinglawyers #leadinglawfirm

🇧🇬 What are the trends in M&A in #Bulgaria and which sectors have been particularly dynamic? 🎤 In an interview for Lexology Panoramic Next, Diana Dimova (Managing Partner) and Nina Tsifudina (Partner) share their experience with some of the most notable M&A deals in Bulgaria and insights into the market. 🔎 Panoramic Next M&A explores the most impactful recent developments in global mergers and acquisitions and how legal practitioners have responded to them. Through a series of interviews with seasoned experts in key jurisdictions, it offers useful insights across all stages of M&A transactions. The interview is available here 👉 https://lnkd.in/dy-zHiVU #intheknow #mergersandacquisitions #LexologyPanoramic

Thrilled to share that Victor Constantinescu, Managing Partner of our Bucharest office and co-head of firm-wide real estate, has been awarded the prestigious *Personality of the Year* title at the 2024 SEE Property Forum & Awards Gala held yesterday in #Bucharest!