Kinstellar has advised the Mitiska European Real Estate Partners 3 on its entry in Bulgaria via a joint venture with Park Lane Developments. CMS advised Park Lane Developments.

Major infrastructure and industrial projects depend on careful government planning and resources. However, Bulgaria’s government has been in flux since 2021, with six general elections in the last four years. Nevertheless, there have been some legislative developments that could stimulate private investment in the fields of utilities, transport, postal services, energy, and industrial manufacturing.

Greenberg Traurig has advised CCC Group on the up to PLN 1.8 billion term and revolving facilities provided by a consortium of banks and finance institutions. Clifford Chance and Lakatos, Koves and Partners advised the lenders.

SOG in cooperation with Kinstellar has advised Strickland Metals on its acquisition of Zlatna Reka Resources Beograd-Vracar. MPartners Legal reportedly advised the sellers.

Biris Goran and Kinstellar have advised Global Vision and Globalworth, respectively, on the sale of a logistics portfolio to WDP. PeliPartners advised WDP.

Kinstellar has advised Genesis Growth Equity Fund I on the acquisition of a majority stake in Predvyber. Talers advised Predvyber.

ACI Partners Managing Partner Igor Odobescu, Nagy es Trocsanyi Founding Partner Peter Nagy, Kinstellar Partner Radovan Grbovic, Law Office Vujacic Partner Sasa Vujacic, and Tuca Zbarcea & Asociatii Partner Robert Rosu discuss recent litigation trends across CEE, driven by the impact of economic shifts and regulatory changes in their jurisdictions.

Further to the December 2023 amendments to the Romanian regime for screening inbound direct investments (that we previously covered here), which formally included EU investors within the scope of screening, the Romanian Parliament has adopted a new law (the “New Law”) to further strengthen the approach towards EU investors.

Kinstellar and its Turkish affiliate KST Law have advised Grupo Antolin on the sale of a 45% stake in the Turkish joint venture Ototrim to its JV partner Diniz Holding. SEOR Law reportedly advised Diniz Holding.

Kinstellar has advised the majority shareholders of Agrotex on the sale of a significant stake to Promat Comimpex. PNSA reportedly advised Promat Comimpex.

Kinstellar has advised CSOB on financing a portfolio of rooftop solar power plants for CPI Property Group in the Czech Republic via a green loan.

Viliam Mysicka has been appointed as the new Managing Partner of Kinstellar’s Bratislava office and Jan Juroska has taken over as the new Managing Partner of the firm’s Prague office.

Contributed by Kinstellar.

Kinstellar has advised Edwards Lifesciences on data protection legal matters via a secondment arrangement.

While energy is still going strong in the Serbian market, others such as biotechnology and blockchain are certainly worth keeping an eye on, according to SOG in cooperation with Kinstellar Managing Partner Milos Velimirovic.

Following Gen Temizer's announcement that it is going independent, Kinstellar announced the appointment of Mert Elcin to Partner and leader of its new Turkish law practice – KST Law.

Kinstellar has advised Canadian Nuclear Partners on the framework agreement for the refurbishment of Unit 1 at the Cernavoda nuclear power plant.

Linklaters, Freshfields, Bittera, Kohlrusz & Toth, and Herbert Smith Freehills have advised AviAlliance and co-shareholders on the sale of Budapest Airport to a consortium consisting of Hungarian state-owned Corvinus Zrt and French co-investor Vinci Airports for a total purchase price of EUR 3.1 billion and net debt of EUR 1.2 billion. CMS advised Corvinus. Kinstellar, working with Orrick, advised Vinci Airports. Wolf Theiss, working with Latham & Watkins, advised the lenders on financing the transaction.