Serbia’s renewable energy market is in the midst of transformation, driven by domestic reforms and international partnerships – most recently, with the governments of France and the USA in the field of energy efficiency.

White & Case and its Turkish affiliate GKC Partners have advised Ronesans Holding's subsidiary Renell Kokshetau on the financing of a EUR 456 million public-private partnership healthcare project for the construction and operation of a hospital in Kazakhstan. Clifford Chance reportedly advised the financing institutions.

Kinstellar has advised Ardian on its acquisition of a majority interest in Vista Vision. PedersoliGattai reportedly advised Vista Vision.

Kinstellar has advised Orbico Group on its acquisition of a controlling stake in SAV 92 from Asnova Holding.

While economic indicators look solid for Bulgaria and there is considerable progress made in terms of its energy mix becoming more reliant on renewable energy, according to Kinstellar Partner Antonia Mavrova, the country faces ongoing challenges both in terms of keeping pace with decarbonization targets due to populist pushback and in terms of moving several projects past the finish line without a stable government.

Kinstellar has advised Wienerberger on its acquisition of Betonarna Lesonice. Prochazka & Co reportedly advised the seller.

Dentons, working with E+H, has advised a club of senior lenders, led by Tatra Banka as the global coordinator, on financing for Tatry Mountain Resorts consisting of a EUR 180 million senior facility and a EUR 110 million junior facility. Kinstellar advised J&T Banka as the junior lender. A&O Shearman advised Tatry Mountain Resorts.

Former Dentons Partner Timea Bana has joined Kinstellar as a Partner and new head of the local TMT service line and sector.

Kinstellar has advised A1 Srbija on the acquisition of a greenfield site in Serbia.

Kinstellar has advised Banque Federative du Credit Mutuel on the acquisition of BNP Paribas’s Hungarian subsidiary Magyar Cetelem Bank. Wolf Theiss advised BNP Paribas.

Kinstellar has advised KNDS on establishing a subsidiary in Ukraine.

Former PwC CEE Head of Legal Business Solutions Hugh Owen has joined Kinstellar as Partner.

Kinstellar has advised Mitiska European Real Estate Partners 3 on the acquisition of a 50% ownership interest in OP Centrum Retail 2 from OPC Group. AK KB and Rybanova & Partners advised OPC Group.

Nazali Tax & Legal Managing Partner Ersin Nazali and Kinstellar Managing Associate and Head of Employment Kristina Pavlovic talk about their firms’ summer internship programs – the crucial bridge between academic learning and practical experience for law students.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Kinstellar and its Turkish affiliate KST Law, working with Bowmans, have advised Quexco Incorporated on its USD 110 million acquisition of Mutlu Aku from Metair International Holdings Cooperatief. Linklaters, working with Webber Wentzel and Taboglu, advised Metair.

Romania’s National Office for the Prevention and Control of Money Laundering has recently published a draft of an Emergency Ordinance amending and supplementing Law no. 129/2019 on the prevention and control of money laundering and terrorist financing (the Emergency Ordinance) in order to harmonise domestic legislation with the provisions of Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing (the Fifth AML Directive), as amended by Regulation (EU) 2023/113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers of funds and certain crypto-assets (the MiCAR).

In September 2024, Kinstellar announced that NLB's acquisition of Summit Leasing Slovenia (as reported by CEE Legal Matters on December 14, 2023) has now closed.