- Home
- News & Insights
Search by
Latest
Overview of Türkiye’s renewable energy market: Developing or investing in wind, solar, and energy storage projects
Türkiye continues to make significant strides in its transition towards a greener energy future. In this brochure, we provide an overview of the current structure and legal framework of the renewable energy market in Türkiye, including developments in wind, solar, and battery storage technologies, as well as available investment models and incentive mechanisms. Click on the image below or use the following link to read our full report. Autho rs: Edmund Emre Özer, PartnerNihal Dilan Cantürk, AssociateSimge Erdem, Legal Intern
Kinstellar and KST Law assist Honeywell on the sale of its Personal Protective Equipment business to Protective Industrial Products for USD 1.325 billion
Kinstellar and KST Law are delighted to have advised Honeywell on the Turkish law aspects in connection with its sale of its Personal Protective Equipment (“PPE”) busine ss to Protective Industrial Products ("PIP") for USD 1.325 billion, an all-cash transaction. PIP is a global supplier and manufacturer of PPE products and a portfolio company of Odyssey Investment Partners and this strategic move is reinforcing PIP’s global positioning in the PPE market. Congratulations to our team led by Partners Emre Özer and Mert Elçin, with key involvement from Senior Associate Sıla Şaylı and Associates Helin Akbulut and Tuğberk Çakırca, for their outstanding efforts and dedication. Our colleagues
Kinstellar and KST Law represented Eleven Fund III Cooperatief in its investment in Bitloops
Kinstellar and KST Law are proud to have advised Eleven Fund III Cooperatief in its equity investment in Bitloops, a software development company with subsidiaries in Greece and Cyprus. Bitloops is an AI-powered front-end companion in VS Code that transforms designs into high-quality, maintainable codes. The investment round was led by Eleven Ventures with participation from Corallia Ventures and several angel investors. This funding will help Bitloops improve how teams turn Figma designs into high-quality, scalable, and maintainable code while maintaining engineering standards. Special thanks to the Kinstellar Istanbul/KST Law team led by Partner Emre Özer, including Associates Helin Akbulut and Tuğberk
Kinstellar and KST Law assist Allison Transmission Holdings to acquire the Off-Highway business of Dana Incorporated for approximately US$2.7 billion
Kinstellar and KST Law are proud to have advised Allison Transmission Holdings on Turkish and Hungarian law aspects in connection with its entry into a definitive agreement to acquire the Off-Highway business of Dana Incorporated, a global leader in propulsion and energy-management solutions for vehicles and machinery across all mobility markets, for approximately US$2.7 billion. Special thanks to our team in Istanbul led by Partner Emre Özer, including Associates Helin Akbulut, Nihal Dilan Cantürk and Tuğberk Çakırca, for their invaluable contribution in making this transaction a success. Kinstellar's team in Budapest consisting of Partner Gábor Gelencsér, Counsel Mónika Frank, Senior Associate Gergely Simon
Kinstellar’s Regional Competition Law Update: Mid-Year Insights 2025
We are pleased to share this mid-year update to Kinstellar’s Regional 2025 Competition Review and 2026 Outlook. This document provides a snapshot of the latest competition law developments in Austria, Bulgaria, Romania, Serbia, and Turkey, covering key enforcement actions, legislative updates, and regulatory trends observed in the first half of 2025.As always, our aim is to keep clients and partners informed and equipped to respond to ongoing changes in the regulatory landscape.We hope you find this update useful and welcome the opportunity to discuss its implications for your business. Read more in our brochure below: DO WNLOAD BROCHURE
Kinstellar together with Milbank as lead counsel advises Advent on the acquisition of TBI Bank in Bulgaria, Romania, and Turkey
Kinstellar is pleased to announce that, together with Milbank as lead counsel, it has advised Advent, a leading global private equity investor, on the acquisition of TBI Bank, a leading digital challenger bank in Southeast Europe, from 4finance Holding. The transaction is subject to customary regulatory approvals. The deal was led by Milbank as international lead counsel, with Kinstellar providing legal support across Romania, Bulgaria, and Turkey. TBI Bank is a fast-growing financial institution serving over 2.4 million clients across more than 32,000 merchant partner check-out points. With a presence in five countries including Bulgaria, Romania, and Turkey, TBI Bank has built a robust digital infrastructure and
Navigating the legal landscape: The implementation status of MiCA
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 by the European Union (the EU) aimed at establishing a robust framework for digital asset markets. With MiCA application having taken effect on 30 December 2024, EU member states are now in the process of aligning their national legislation with the new rules and addressing the practical challenges of implementation.Click on the image below or use the following link to read our overview in English. For more
Status of CSRD transposition in Central and Eastern Europe and its legal implications
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 updates relevant to ESG in EU neighbouring countries. The webinar provided valuable insights into the crucial legal factors in preparing for CSRD reporting and a comprehensive understanding of key ESG rules being rolled out in the CEE and beyond. Topics covered: Status of CSRD transposition in Bulgaria, Croatia, Czech Republic, Hungary, Romania and Slovakia Legal considerations of CSRD reporting Other ESG regulatory updates in Serbia, Turkey and
Kinstellar and KST Law assist Quexco Incorporated on successful completion of Mutlu Akü acquisition
Kinstellar and KST Law are proud to have successfully advised Quexco Incorporated, a US-based private holding company, on completing the acquisition of 100% of Mutlu Akü, a leading auto battery manufacturer in Türkiye with a waste battery recycling facility. This complex cross-border transaction involved financial structuring, including refinancing Mutlu Akü's debt and securing a capex loan facility, syndicated by Garanti Bank. The closing process was led by Partners Emre Özer and Mert Elçin, supported by Senior Associate Şeyma Olğun, and Associates Sıla Şaylı, Helin Akbulut and Nihal Dilan Cantürk. Kinstellar operates in Turkey in cooperation with KST Law, a full-service corporate law firm based
Kinstellar and KST Law assist Balderton Capital in leading the USD 30M Series A financing round for Grand Games
Kinstellar and KST Law are excited to have assisted Balderton Capital in leading the USD 30M Series A financing round for Grand Games, a visionary mobile gaming company focused on delivering genre-defining experiences. This significant milestone underscores Balderton's continued commitment to supporting innovative companies that push the boundaries of mobile entertainment. A special thanks to the KST Law team—our partner Emre Özer and associates Helin Akbulut and Nihal Dilan Cantürk—for their crucial support and expertise in completing this transaction successfully. Kinstellar operates in Turkey in cooperation with KST Law, a full-service corporate law firm based in Istanbul.
Turkish Competition Authority adopts the much-anticipated Guidelines on Competition Infringements in Labour Markets
The Turkish Competition Authority (“TCA”) announced on 3 December 2024 that the much-anticipated Guidelines on Competition Infringements in Labour Markets (“Guidelines”) were been adopted by the Competition Board at its meeting on 21 November 2024. The TCA had previously prepared the draft version of the Guidelines (“Draft Guidelines”) and submitted it for public comments via its announcement of 16 September 2024. The TCA has now finalised the Guidelines, also taking into account the comments received on the Draft Guidelines. In its announcement regarding the Draft Guidelines, the TCA stated that it aimed to set out the main principles on the following: the place
Sinan Diniz, a leading Turkish competition law expert, joins Kinstellar as Partner in Istanbul
Kinstellar is delighted to announce that Sinan Diniz, a highly regarded competition law expert, has joined our associated law firm in Turkey, KST Law, as a Partner. Sinan was previously the co-head of the Competition practice in Esin Attorney Partnership, a member firm of Baker McKenzie, where he managed one of the leading competition law practices in the country. Sinan has more than 10 years of competition law experience and assists clients with all aspects of Turkish competition law including merger control, antitrust investigations, exemption filings, and daily compliance queries. His expertise extends to administrative and private litigation, designing competition law compliance programs, and delivering bespoke