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Kinstellar advised UEG on closing the acquisition of a solar project in Bulgaria with a forecasted capacity of 250 MW

December 2024 – Kinstellar assisted United Energy Group (UEG)’s internal legal team to successfully complete the acquisition of Green Profit EOOD, a developer of a photovoltaic (PV) project under construction.

Kinstellar advises Eleven Ventures on its investment in Cloud Office

November 2024 – Kinstellar has advised Eleven Ventures, a pioneer in early-stage investing in Central and Eastern Europe, on the investment in Cloud Office, a leading Google Cloud Partner serving 650+ customers across EMEA, with a team of 60+ engineers...

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...

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...

Update: Major changes in Bulgarian gambling regulation

September 2024 – As we have previously reported, just a few months ago Bulgaria introduced major changes to the regulations governing organisers of gambling games and activities (including service providers connected with the gambling industry) and...

Kinstellar advises on a joint venture related to the acquisition of a strategic building for the development of the space sector in Bulgaria

August 2024 – Kinstellar advised Peter Mitev, co-founder and former CEO of Chaos Group, a global leader in computer graphics technologies, and Big Orange Foundation, on the legal aspects of their joint venture with Raycho Raychev, founder and CEO of...

Kinstellar advises Mitiska REIM on a joint venture with Park Lane Developments for the development of retail parks in Bulgaria

August 2024 – Kinstellar has advised the Mitiska European Real Estate Partners 3, a real estate fund managed by Mitiska REIM, on its entry into the real estate market in Bulgaria through a joint venture (JV) with Park Lane Developments.

The new EU AML framework and its far-reaching implications  

June 2024 – The Council of the European Union has recently adopted a new set of Anti-Money Laundering (AML) rules, nearly three years after the European Commission unveiled its package of legislative proposals. The legislative package introduces significant...

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...