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New tax amnesty adopted by the Romanian government

September 2024 – On 6 September 2024, the Romanian government adopted Emergency Ordinance no. 107/2024 (“the GEO”) regulating a nationwide tax amnesty generally aimed at cancelling late payment interest and penalties related to certain outstanding...

Romania to hold first CfD renewables auction in coming weeks

September 2024 – Romania is set to hold its first contracts for difference (“CfD”) auction in the next few weeks. The Ministry of Energy has taken further steps and issued the order for initiating the CfD auction under the CfD scheme.

Kinstellar successfully completes the acquisition of Noerr’s Bucharest operations, following the acquisition of Noerr’s Offices in Bratislava and Prague

September 2024 – Kinstellar is delighted to announce the successful completion of acquiring Noerr’s Bucharest operations, marking the final phase of the strategic transaction that also included acquiring Noerr’s offices in Bratislava and Prague.

Kinstellar successfully completes the acquisition of the Bratislava and Prague Offices of Noerr, with the acquisition of Noerr's Bucharest operations to follow imminently

Kinstellar is very pleased to announce the completion of the acquisition of the Bratislava and Prague offices of the highly respected German law firm, Noerr. The acquisition of Noerr’s Bucharest operations, the final piece of the transaction, is set...

Kinstellar advises CCC on the Romanian, Czech, Croatian, Hungarian, and Slovak legal aspects of a PLN 1.8 billion financing agreement

August 2024 – Kinstellar is delighted to announce it has successfully advised CCC—a leading Polish-based footwear manufacturer and retailer with a network of over 1,000 stores across 29 countries—on the Romanian, Czech, Croatian, Hungarian and Slovak...

Kinstellar assists Globalworth again on a logistics portfolio sale in Romania

July 2024 – Kinstellar is delighted to announce that it has again successfully advised Globalworth, an AIM-listed, leading office investor in Poland and Romania, on the sale of a logistics portfolio in Romania, to the buyer WDP. The transaction...

Kinstellar continues to grow its Bucharest team, adding 6 new hires in the real estate, banking and finance, and competition law areas

July 2024 – Kinstellar is pleased to announce the successful completion of a new recruitment round, welcoming six lawyers to its growing team in Bucharest. The new additions bolster the local team’s offering in the real estate, banking & finance...

Romania strengthens screening of EU investments

July 2024 – Further to the December 2023 amendments to the Romanian regime for screening inbound direct investments (that we previously covered here), which formally included EU investors within the scope of screening, the Romanian Parliament has adopted...

Kinstellar advises Agrotex majority shareholders on the sale of a significant stake to Promat Comimpex

July 2024 – Kinstellar is proud to have advised the majority shareholders of Agrotex (one of the most important suppliers of cereals and agricultural inputs on the local market) on the sale of a significant stake to Promat Comimpex, a renowned agriculture...

Navigating the Regulatory Landscape: An Overview of Banking as a Service

June 2024 – In an era defined by digital transformation and the ever-evolving landscape of financial services, the concept of banking as a service (“BaaS”) has emerged as a key force reshaping the industry. By enabling non-bank entities to offer...