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Kinstellar advises EBRD on supply chain financing for Profi

January 2025 – Kinstellar is pleased to announce that, together with Sullivan & Worcester, we have advised the European Bank for Reconstruction and Development (EBRD), partnering with Banca Transilvania on implementing a supply chain financing programme...

Important fiscal changes in Romania starting January 2025

January 2025 – On 30 December 2024, the Romanian government adopted Emergency Ordinance no. 156/2024 (“the GEO”) regulating a series of important fiscal changes that entered into force starting January 2025, as summarised below.

Kinstellar advises syndicate of banks on a EUR 73 million financing to Grup Serban Holding

December 2024 – Kinstellar is delighted to announce we have advised a syndicate of banks led by BRD Groupe Société Générale and Banca Transilvania on a EUR 73 million syndicated facility to Grup Serban Holding. BRD Groupe Société Générale and...

Kinstellar advises Mpac Group on a market-leading move involving a major acquisition in Romania

December 2024 – Kinstellar is proud to announce that it has advised Mpac Group, a leading UK-based company specializing in packaging automation, on the cross-border acquisition of the CSi Palletising group, a leading provider of end-of-line automation...

Update on the ESG reporting obligations in Bulgaria, Croatia, the Czech Republic, Hungary, Romania and Slovakia

November 2024 – The Corporate Sustainability Reporting Directive (EU) 2022/2464 (the “CSRD”) required EU member states to complete its transposition by 6 July 2024. However, uneven implementation led the EU Commission to initiate infringement proceedings...

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

November 2024 – 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...

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

October 2024 – 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...

TMT Legal Update

October 2024 – 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...

The Romanian Competition Council revamps its guidelines on issuing guidance letters

September 2024 – On 11 September 2024 the Romanian Competition Council’s (“RCC”) Order no. 2436/2024 implementing the Guidelines on informal guidance on novel or unresolved questions arising in individual cases concerning the application of Art....

Romania to introduce stricter compliance rules for crypto-asset service providers

September 2024 – Romania’s National Office for the Prevention and Control of Money Laundering has recently published a draft of an Emergency Ordinance amending and supplementing Law no. 129/2019 on the prevention and control of money laundering and...