Our team in Croatia has advised Angelina Yachtcharter on the acquisition of 85% of the shares of Ultra Sailing. Angelina Yachtcharter, founded in 1995, is the leading nautical charter management company in Croatia, operating a fleet of more than 230 boats berthed in six marinas across the Adriatic coast. With the purchase of Ultra Sailing, an authorised dealer of Beneteau and Fountaine Pajot vessels in Croatia and with a charter fleet of more than 50 boats, Angelina Yachtcharter becomes the largest nautical charter provider in Croatia and strengthens its position as the leading nautical charter operator in the Croatian market. The Kinstellar team in Zagreb was led by Andrijana Kaštelan (Managing Associate)
Our team in Croatia has advised Robin Powered on the acquisition of Flow and Form, one of Central Europe’s 50 fastest-growing technology companies, known for delivering high-quality, cutting-edge solutions to the real estate technology industry. Over the course of just a few years, Flow and Form has created more than USD 1 billion of new market value and became one of the world leaders in developing innovative solutions for the workspace and real estate software industry. The purchase of Flow and Form gives Robin Powered a new international footprint, a team focused on innovation with proven experience building digital platforms to bridge the gap between in-person and virtual work, and a platform to further grow Robin’s
Žurić i Partneri (ŽiP) Kinstellar has advised two separate groups of companies on the incorporation of two employer associations in Croatia: the Association of Trade and Logistics, and the Association of the Processing Industry and Technology. Both associations were founded with the aim of creating stronger conditions to respond to the challenges of the upcoming period and to contribute to the growth of the competitiveness of both industries through joint action and constructive dialogue with the stakeholders of the relevant institutions, business associations and interest groups. The Association of Trade and Logistics (UTIL) – The Association has 30 founding member companies with together more than 17,000
Kinstellar is delighted to announce the promotion to Managing Associate of Andrijana Kaštelan, Vedran Kopilović and Marija Vuchetich in our Zagreb office. With these promotions the firm acknowledges their dedication, teamwork, consistent high level of client service, legal knowledge and transactional expertise. Andrijana Kaštelan focuses on commercial real estate. She has extensive experience in the acquisition, development, leasing and disposal of commercial real estate, including retail, logistics, leisure, and office properties. Andrijana also advises clients on M&A transactions, projects, and joint ventures, particularly in the hospitality, retail and energy sectors. In addition, Andrijana
Vedran Kopilović, a Managing Associate at Kinstellar’s Zagreb office, participated in a virtual roundtable to discuss the latest in ESG developments with a focus on green financing—its regional and local drivers and roadblocks, its impact on non-financial reporting, and what it all means for the legal profession. The event took place on 12 July 2022 and was organised by CEE Legal Matters and moderated by CEE Legal Matters Managing Editor, Radu Cotarcea. Vedran highlighted that while the legal framework is solid on paper, “the reality of inflation, the war in Ukraine, and even the pandemic have created setbacks.” He went on to explain that, “a certain amount of sustainability-linked loans were offered by commercial
Today’s uncertainties at the European Union’s eastern border have left companies questioning the safety of their people and the continuity of their operations in that part of the world. Businesses in the IT and BPO sectors that had found talent and growth opportunities in countries such as Ukraine or Moldova are now rethinking their strategy and options to move operations across the border, either temporarily or permanently. Our team in Zagreb has prepared a quick overview of the most important aspects that you need to consider if you decide to move your operations to Croatia. Download in English: Download in Ukrainian:
Nearly a year has passed since the lapse of the transposition period for the Digital Content Directive and the Sale of Goods Directive, which brought important changes to national consumer protection rules. However, many jurisdictions still have not implemented the Directives. We are closely monitoring the implementation process in our EU jurisdictions. Below is an overview of the implementation status of the Directives in the remaining EU Member States where Kinstellar operates that have not yet implemented the Directivesand a brief summary of the main changes and the expected country-specific implications for business. In addition, we bring you information from several non-EU countries that have taken inspiration from the
Since the war in Ukraine became the main subject of newspaper headlines, the amount of related misinformation spread online has reached new heights. As a result, several governments have adopted legislation that provides tools to combat the spread of misinformation. Below is an overview of legislation used to combat misinformation in the Central and Eastern Europe and Central Asia regions: Bulgaria It is worth noting that on 1 March 2022 the Bulgarian electronic media watchdog decided to suspend the distribution of TV channels “Russia Today” and “Sputnik” in line with the EU response to Russian military activity in Ukraine.
With the invasion of Ukraine and a substantial increase in cyberattacks on governments, critical infrastructure and other strategic targets, the topic of cybersecurity has gained even more importance. Below is an overview of the steps that national security authorities have taken to strengthen national security. Bulgaria On 24 November 2021, the Bulgarian government designated the State e-Government Agency as a national coordination centre for the purposes of Regulation (EU) 2021/887. The establishment of the coordination centre is expected to contribute to achieving a high level of network and information security, thus boosting the standards and
With France and Austria deciding on data protection issues in relation to Google Analytics, many more countries have followed suit in relevant changes to so-called web browser cookies. In order to limit the amount and quality of data retrieved by providers from users, mainly without them realising the true scope of this data and the use of such data by providers, legislators are passing stricter rules on data collection. Below is an overview of new legislation adopted to combat the extensive collection and usage of user data: Bulgaria The current legislative environment provides a more relaxed opt-out model of user consent regarding the
All of us have concerns regarding data privacy in the metaverse. Countless questions come to mind, such as: What is the metaverse? Can a digital personality be considered as personal data? What happens if digital data is processed? In this short article we touch on the metaverse’s main data privacy concerns. What is the metaverse? The metaverse is a virtual world that relies on multiple technologies such as virtual reality, blockchain, artificial intelligence, etc. There is no longer just one world like the real world anymore. A new virtual-world era has begun with the advent of different metaverses such as Horizon, Decentraland, Sandbox, and Upland, and it appears that their number will continue to increase.