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
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
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:
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
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
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
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
Kinstellar is pleased to announce that it has successfully advised A1 Srbija, a leading telecommunications company in Serbia, on the acquisition of a significant greenfield site in Serbia. A1 Group is a leading telecommunications provider in Central and Eastern Europe, offering advanced communication solutions and digital services to millions of users. Operating in multiple countries including Austria, Slovenia, Croatia, and Bulgaria, A1 Group provides mobile, broadband, TV, and cloud services. Kinstellar provided full legal support throughout the process, including the legal due diligence of the location, negotiations with the seller, signing and notarization of the purchase agreement. This transaction marks another
Kinstellar has advised Baiterek National Managing Holding JSC on the KZT 65 billion (approx. US$135 million) sale of Bereke Bank JSC to Lesha Bank LLC, the first independent Shari'a-compliant Bank authorized by the Qatar Financial Center Regulatory Authority (QFCRA), and a listed entity on the Qatar Stock Exchange (QSE: QFBQ). This significant transaction aligns with the President Kassym-Jomart Tokayev's drive for foreign investment in Kazakhstan's financial sector. Our involvement highlights our ability to navigate complex legal frameworks, particularly when dealing with government entities. This deal continues to demonstrate Kinstellar's strong M&A capabilities on transactions involving Kazakhstan and English
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.
*2022 rankings in core practice areas in international legal directories (Chambers & Partners, Legal 500, IFLR1000)
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📢 Meet us on 📅 22 October 2024 at the #SEEPropertyForum and Awards Gala 2024, one of the premier #property events in #Bucharest, organised by our partners Property Forum Events & News. 💡 Victor Constantinescu, Managing Partner in #Romania (and co-head of the firm-wide real estate practice), will be speaking on the panel “The class of 2025 – Investor expectations for the year ahead,” starting at 🕐 17:30. ✨ This year, we are particularly thrilled to announce that Victor Constantinescu has been nominated for Personality of the Year in Romania at the Awards Gala! ➡️ The event features insightful #presentations and #discussions, followed by an evening celebrating the top #realestate projects, #transactions, and inspiring figures in the Romanian market. 🎉 Excited to see you there and … fingers crossed for the win! #exceptionaltogether #SEEPropertyForumAwards #leadinglawfirmRomania #leadinglawyersRomania
🎉 We are thrilled to announce that Radim Kotrba has been appointed as the Ambassador of the Vienna International Arbitral Centre (VIAC) for the Czech Republic! This prestigious role strengthens our firm's presence in the European arbitration community and confirms our reputation as an exceptional arbitration law firm. 🌟⚖️ Congratulations, Radim! 👏 We look forward to supporting you in this new journey. #VIAC #Kinstellar #Arbitration #CzechRepublic #LegalLeadership
📢 🇺🇦 Ready to kickstart your #career with expert advice? Tune in to learn from Iryna Shaposhnikova, Associate at the Employment & Labour Law service line in our Ukraine office on 📅 28 October at 12PM. 📑 Iryna will cover "Everything You Need to Know About #Employment #Agreements". Our experienced expert was invited to share her practical knowledge and insights with students of #Lviv State #University of Internal Affairs. 💼 The session is a must if you want to explore the critical components and implications of employment agreements. You will have a unique opportunity to ask questions and prepare for future challenges in the workplace. Use this valuable chance to learn from an industry expert and gain insights that will be essential for your career #development! 🌟 📌Please note: The session will be conducted in Ukrainian. Register now https://rb.gy/24eodj We look forward to seeing you there! 🙌 #employmentlaw #intheknow #legalinsights #excpetionaltogether #leadinglawyers
🎉 Proud to share that Kinstellar has been ranked among the top 10 law firms in Central and Eastern Europe by deal value in Mergermarket's Q3 2024 M&A League Tables! 🌟 🇹🇷 Our KST Law team in #Turkey is ranked 3rd by deal value in the country. 🚀 🙏 A big thank you to our clients for their trust and to our incredible teams for their hard work and determination in winning and closing these impressive deals. Together, we’re making great things happen. Onwards and upwards, #TeamKinstellar. #ExceptionalTogether #Mergermarket #MALeagueTables #CEEMA #Kinstellar
📢 🇭🇺 #Kinstellar is delighted to welcome Tímea Bana LL.M as Partner and Head of the #Technology, #Media, and #Telecommunications (#TMT) service line at our #Budapest office! 🌟 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 matters, #IP, #DP, artificial intelligence (#AI), and M&A/#corporate transactions. Her expertise spans beyond the TMT sector, with considerable experience in sectors such as automotive and life sciences. 🏆 Her impressive career spans media companies and prestigious law firms, earning her recognition in Chambers & Partners and Legal 500. 💬 Clients praise her as a reliable, business-savvy lawyer who delivers high-level legal solutions, ''an exceptional expert with a strong business mindset''. We are excited to have her on board as we continue to grow our TMT team in Hungary and across the wider region. Welcome, Tímea! 🙌 🔗 https://lnkd.in/d2wStBQN #exceptionaltogether #Kinstellar #NewPartner #TMTLaw #DataProtection #IntellectualProperty #TMT #LegalExpert
📢 🇷🇴 Meet Cătălin Graure, Counsel in our #Bucharest office, specialising in foreign direct investment (#FDI) screening, at “CFIS 24 – Investment Screening and Economic Security”, hosted by the CELIS Institute, taking place in 📍 Paris from 🗓️ 16-18 October. 💡 The CELIS Forum is the flagship event of the CELIS Institute, now in its 6th edition, and Europe's leading platform for discussing investment screening and economic security. 🌍 Thought leaders from Europe, the U.S., and beyond will come together to debate key challenges and share impactful strategies, offering both strategic and practical insights to shape Europe's geo-economic future. 🎖️ This year's CFIS is held under the patronage of the Minister of the Economy, Finance, and Industrial and Digital Sovereignty of France. 🤝 Don't miss out on this key event at the forefront of investment screening and economic security! See you there! 🔗 https://lnkd.in/eEyg86p6 #CFIS24 #InvestmentScreening #EconomicSecurity #FDI
🇷🇴 🎤 Iulian Sorescu, Partner and Head of Financial, State-Aid and Management Consulting in our #Bucharest office, was invited to speak at the edition "Information is the new oil" as part of the series of events dedicated to #SMEs in Romania, hosted by Ziarul Financiar and IMM Club. 📝 Some key takeaways from his #insightful talk: 💡 Companies can access non-reimbursable funds to increase production capacity, with numerous financing opportunities available right now. The number of projects has grown significantly, budgets may no longer be as generous as in previous years, they will be even more limited in the future. ⏳ NOW is the perfect moment to apply for non-reimbursable funding. 🏢 Large companies apply because they know the rules, while small companies often avoid applying out of fear. 🙏 Special thanks to Liviu Sav, FCCA for the invitation to share our perspective. All contributions can be found at the link here 🔗 https://lnkd.in/dS6YP6sS (Romanian only) #intheknow #StateAid #BusinessGrowth #FinancialConsulting #Romania #ZiarulFinanciar #SupportingBusiness
Last week, our data privacy experts Lukas A. Mrazik, Petr Bratský, and Pavel Hrdý had the privilege of speaking at ''Privacy Days'', the largest #conference on data governance in the #Czech Republic and #Slovakia, where Kinstellar was proud to participate as a partner.
🇭🇺 📢 #Kinstellar has successfully advised Banque Fédérative du Crédit Mutuel S.A. (owner of #Cofidis Bank) on the #acquisition of BNP Paribas’s #Hungarian subsidiary, Magyar #Cetelem Bank. 💡 Kinstellar provided comprehensive assistance to Cofidis Bank throughout the entire #transaction process, which included extensive #corporate support, #banking #regulatory approvals, #merger clearance, #competition law considerations, and the closing of the transaction. 🙌 This transaction exemplifies the seamless and efficient teamwork across service lines in our #Budapest office. 🌟 Our was led by Gábor Gelencsér (Partner, M&A, Corporate) and Levente Hegedűs (Partner, Banking and Finance), with support from Bianka Kovacs (Senior Associate), Aron Barta (Senior Associate), and Judit Sós (Associate) from our M&A and Corporate team. Additionally, Péter Vörös (Partner) and Orsolya Staniszewski (Associate) from our #Competition team, along with Veronika Heiszer, Associate, Banking & Finance, and Daniel Nagy, Senior Associate, #TMT and Data Protection, contributed to the success of this transaction. The process was further assisted and facilitated by Prague-based Partner Karla Rundtova, the firm-wide head of the Foreign Direct Investment Screening service line. 👉 https://lnkd.in/gnQAKa-p #donedeals #CorporateLaw #FinancialSector #FinancialServices #BankingRegulation #MergersAndAcquisitions #CompetitionLaw #TransactionClosing #SeamlessService #Teamwork #LegalAdvisory #HungarianMarket #BudapestLegal #ClientSuccess