EXPERTISE
Infrastructure & Transportation

Bulgaria’s long road to NIS2 is over

February 2026 – Across most of the European Union, the NIS2 Directive has already become operational reality. Bulgaria’s path to transposition, however, has been materially delayed. The Cybersecurity Act amendments intended to implement the NIS2 Directive...

Kinstellar advises on landmark acquisition of ČSA and Smartwings by Pegasus Airlines

December 2025 – Kinstellar, in collaboration with Addleshaw Goddard, is proud to have advised on the landmark acquisition of Czech Airlines (ČSA) and Smartwings by low-cost carrier Pegasus Airlines for EUR 154 million (CZK 3.8 billion).

Guidance on FDI screening obligations in Austria

December 2025 – The Austrian ministry responsible for Foreign Direct Investment (FDI) matters, the Federal Ministry for Economy, Energy, and Tourism (“the Ministry”), recently released guidance on the assessment of the filing obligation for foreign...

NIS2 and the New Serbian Law on Information Security

December 2025 – The Republic of Serbia has adopted a new Law on Information Security (Zakon o informacionoj bezbednosti) (“Serbian NIS2”), marking a significant reform of the national cybersecurity framework and alignment with the EU NIS2 Directive....

Kinstellar advises Conexio on the sale of a strategic telecommunications infrastructure asset to EXA Infrastructure

October 2025 – Kinstellar has recently advised Conexio on the successful sale of a strategic telecommunications infrastructure asset to EXA Infrastructure, in Serbia.

Croatia introduces Draft Foreign Direct Investment Screening Act

September 2025 – The Croatian Government has introduced the Draft Act on the Screening of Foreign Investments, which is currently undergoing public consultations. The Draft Act seeks to establish a foreign direct investment (FDI) screening mechanism...

Kinstellar advises the shareholders of Autolift Group on strategic partnership with CAPCELLENCE

September 2025 – Kinstellar has advised the shareholders of Autolift on the conclusion of a majority strategic partnership with Hamburg-based private equity investor CAPCELLENCE Mittelstandspartner. As part of the transaction, CAPCELLENCE acquired a...

Three new state aid schemes are driving Romania’s move toward zero-emission transport

September 2025 – The Ministry of Transport and Infrastructure (MTI) in Romania has recently launched three state aid schemes, financed through the Modernisation Fund, to accelerate the transition to zero-emission transport:

Updates on NIS2 in Romania

August 2025 – Following up on our initial article regarding the transposition of the NIS2 Directive (EU) 2022/2555 (“NIS2”) in Romania via Government Emergency Ordinance no. 155/30.12.2024 (“GEO 155”), we would like to inform you of the following...

Public–private partnership reform in Ukraine

August 2025 – On 30 July 2025, the President of Ukraine signed Law No. 7508, aimed at optimising the mechanism for attracting private investment into post-war infrastructure recovery efforts through public-private partnerships (PPPs). The law, save...