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Insights May 2023

Council of Europe Summit creates the International Register of Damage Caused by the Russian Aggression against Ukraine

The Council of Europe announced the establishment of the Register of Damage Caused by the Aggression of the Russian Federation against Ukraine through an Enlarged Partial Agreement dated 12 May 2023. The Register is signed by 43 member states of the Council of Europe and representatives of the European Union, the USA, Canada, and Japan. Click on one of the images below or click on the following links to read in English or in Ukrainian. Download in English: Download in Ukrainian:

Deals May 2023

Kinstellar advises Rheinmetall on the cooperation agreement with Ukraine’s state-owned defence industry concern, Ukroboronprom

Kinstellar is proud to have advised Rheinmetall on the signing of a cooperation agreement with Ukraine’s state-owned defence industry concern, Ukroboronprom.  The two major defence manufacturers intend to create joint capabilities domiciled in Ukraine through setting up a joint venture, which is expected to be operational from mid-July 2023. Starting with the maintenance of military vehicles, the parties plan to move to the transfer of technology, joint production of selected Rheinmetall products in Ukraine, to potentially joint development of military systems, including for subsequent export from Ukraine. The entrance of Rheinmetall marks a new exciting chapter in the development of Ukraine’s defence industries

News May 2023

Kinstellar announces new promotions to Partner and Counsel

Kinstellar is delighted and proud to announce the promotions to Partner of Tomáš Melišek (Bratislava), Levente Hegedűs (Budapest), Bulut Girgin (Istanbul), Anastasiya Bolkhovitinova, Natalia Kirichenko, Oleg Matiusha, Illya Muchnyk (all in our Kyiv office), and to Counsel of Dominika Bajzáthová (Bratislava). PARTNERS Tomá š Melišek, Bratislava Tomáš is the Head of the local Banking & Finance service line. He has 15 years of experience in banking and finance, focusing on project and acquisition financing as well as on financial regulations. Tomáš has substantial experience advising clients on significant financing transactions in the areas of real estate, energy, infrastructure, automotive, media

Setting up April 2023

Setting up operations in Slovakia

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 counties 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 Bratislava has prepared a quick overview of the most important aspects that you need to consider if you decide to move your operations to Slovakia.  Download in English: Download in Ukrainian:

Insights April 2023

Ukraine introduces a new law to strengthen IP rights protection

A new Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on Strengthening the Protection of Intellectual Property Rights” No. 2974-IX (the “Law”), entered into force on 15 April 2023. The Law’s aim is to strengthen IP rights protection in Ukraine and harmonise Ukrainian intellectual property legislation with EU standards on the protection of IP rights. Click on one of the images below to read the overview of the main changes introduced by the law or click the following links to read in English or in Ukrainian. Download in English: Download in Ukrainian:

Insights April 2023

Loot boxes – still a mystery in CEE?

The recent resolution of the European Parliament on video games calls on the European Commission to take the necessary steps to bring about a European approach to loot boxes which could lead to more restrictive regulation. Kinstellar’s TMT team looked into the national framework for loot boxes in Bulgaria, Croatia, Czech Republic, Hungary, Romania, Serbia, Slovakia, Turkey, Ukraine to conclude that, while no specific local laws exist, the developments around gambling regulation should be monitored, as loot boxes have already been discussed in the context of national rules on gambling in some countries. Click on this link or the image below to read below on overview prepared by our TMT experts in each jurisdiction.

Insights April 2023

Current eHealth trends in CEE and Turkey

The healthcare industry in Central and Eastern Europe and Turkey is undergoing a digital transformation, with telemedicine at the forefront. Governments and healthcare providers are adopting digital solutions to improve medical services and support healthcare system digitization, which can increase efficiency, reduce costs, and improve access to healthcare. Click on this link or the image below to read the overview put together by a team of our experts led by Partner Tomáš Čihula.     

Insights March 2023

The Law on Payment Services: Overview of rules for Ukrainian payment services market

The Law of Ukraine "On Payment Services" creating a new legal landscape for the provision of payment services in Ukraine, came into force on 1 August 2022. At the same time, certain provisions of the law, which mostly relate to open banking, will become effective in 2025. Click on one of the images below to read the whole overview of the main provisions of the law, or click use the following links to read in English or in Ukrainian. Download in English: Download in Ukrainian:  

Insights March 2023

Ukraine's Unbreakable Lawyers: A Buzz Interview with Alla Kozachenko of Kinstellar

The Russian invasion is still ongoing, affecting all areas of life in Ukraine, but there are slivers of hope and reasons to stay positive and optimistic, according to Kinstellar Partner Alla Kozachenko. “Russia’s full-scale invasion continues with heavy shelling of infrastructure – aiming to cut off connectivity, water, and electricity,” Kozachenko begins. “Lawyers had to adapt in order to ensure the continuity of services to their clients. With power outages for more than ten hours a day, we had to work from 'points of unbreakability,' gas stations, bomb shelters, and other locations, and we had to distribute work to colleagues outside of Ukraine as well. Our offices are now fully equipped with power generators

Insights March 2023

Ukraine: Sanctions – The edge of war and beyond

Since the outbreak of war in Ukraine, the world faces an ever-increasing number of restrictive measures and sanctions introduced in various jurisdictions. While the global sanctions landscape has been long established, it has developed rapidly after February 24, 2022. Ukraine introduced its first sanctions law in 2014 after Russia annexed Crimea (the Law of Ukraine on Sanctions No. 1644-VII, dated August 14, 2014 – Law on Sanctions). Since then, Ukraine implemented further autonomous sanctions and introduced various restrictive measures similar to sanctions in nature. Following the full-scale Russian invasion, the Ukrainian authorities have been closely monitoring and synchronizing Ukrainian sanctions with those

Insights February 2023

EUIPO offers SMEs trade mark and design grants of up to EUR 1,350

The European Commission and European Intellectual Property Office (“EUIPO”) have launched a small and medium sized business fund (SME Fund) to provide reimbursement for trademark and design application fees and pre diagnostic services. The grant scheme, designed to encourage SMEs to expand their IP portfolios, has a budget of EUR 25 million, available on a first come, first serve basis. The submission period for applications runs from 23 January to 8 December 2023. Read more in the brochure below: Download in English:   In case of any questions with respect to the above, our specialists

Insights January 2023

Decentralized clinical trials: Current developments in CEE and Turkey

The rapid development of technologies and solutions in the healthcare sector is contributing to the proliferation of decentralised clinical trials (“DCTs”).  The aim of DCTs is for clinical trials to be conducted more effectively and conveniently – for patients, sponsors and investigators – through the use of digital technologies. In addition, with hospital visits temporarily limited and staff capacities overwhelmed, the challenges associated with the Covid-19 pandemic have significantly underscored the necessity of performing certain elements of clinical trials remotely. Download in English: