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201 Barbu Vacarescu
Globalworth Tower, Floor 22
020276 Bucharest

Romania

+40 21 307 1500

The rise and fall of DEI: What employers need to know

March 2025 – DEI has become a societal megatrend that demands attention. While many companies made DEI initiatives a part of their business strategies, others are scaling back their efforts citing shifting priorities, economic pressures or even political...

New regulations in Romania on the dual use of permanent grasslands for renewable energy projects

March 2025 – On 10 January 2025, Order No. 4/2025 came into force, detailing the procedure for the partial removal of land occupied by permanent grasslands from agricultural use when utilised in a dual system. The use of permanent grasslands in a dual...

Navigating workplace challenges and litigation trends: dismissals and workplace harassment

March 2025 – As we move into 2025, we want to highlight some of the key developments in the Romanian employment dispute landscape over the past year. You can read our summaries of these key trends below, along with our thoughts on where we expect to...

Kinstellar advises Solida Capital on its expansion into the Central and Eastern European market with the acquisition of Victoria Center in Bucharest

February 2025 – Kinstellar is pleased to announce that it has advised Solida Capital, a leading investment and asset management firm, on its first office acquisition in Romania—the purchase of Victoria Center from Manova Partners (formerly Macquarie)...

Navigating the legal landscape: The implementation status of MiCA

February 2025 – As the cryptocurrency market continues to captivate investors worldwide, understanding the regulatory landscape becomes more crucial than ever. In this respect the Markets in Crypto Assets Regulation (the MiCA) is a ground-breaking initiative...

Status of CSRD transposition in Central and Eastern Europe and its legal implications

February 2025 – Kinstellar hosted a special webinar event on 11 February 2025, focusing on the latest status of transposition of the Corporate Sustainability Reporting Directive (CSRD) in Central and Eastern Europe as well as some other legal and regulatory...

Cybersecurity: Romania transposes the NIS2 Directive. What’s next?

February 2025 – Directive (EU) 2022/2555 (NIS2) aims to further strengthen the cyber resilience of the EU by requiring entities in various sectors to dial up their cybersecurity efforts. NIS2 replaces the former NIS1 Directive (EU) 2016/1148, expands...

But I didn’t know?! Required compliance by Romanian real estate developers with Romania’s (stricter) anti-money laundering obligations

February 2025 – Are you a real estate developer in Romania? Do you have as your primary activity NACE Code (Cod CAEN) 4110 – “Development of building projects” (i.e. the newly NACE Code 6812 as per the recent NACE Rev. 3 classification)?

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.