Wolf Theiss, working with Milbank, has advised the initial purchasers and lenders on Salzburg-based Benteler Group’s capital market debut issuance and loans amounting to over EUR 2 billion.
Women’s Representation and Participation in the Modern Business World – the Example of the Republic of Serbia
The participation of women in business is not only a matter of gender equality and social justice but is also a crucial prerequisite for sustainable economic growth and social progress, particularly in the face of the multiple challenges that humanity is currently confronting. The inclusion of women in business reduces unemployment and ensures greater economic growth, which is of particular importance for countries in transition, such as the Republic of Serbia.
Five Years of GDPR: An Overview of GDPR Implementation in Romania
May 2023 – As May 2023 marks the fifth anniversary of the implementation of GDPR, we have prepared an overview of the five years of regulatory struggle in Romania since the regulation came into effect. By examining the value of the sanctions and the types of violations, we can identify some regulatory trends of the local practice.
Omer Erdogan Joins Kinstellar in Istanbul as Partner
Former Guner Law Office Partner Omer Erdogan has joined Kinstellar Turkish affiliate Gen & Temizer Ozer as a Partner in Istanbul.
Tax and Labor Changes for Busy Czech Republic Markets: A Buzz Interview with Karla Rundtova of Kinstellar
A rather busy M&A market in the Czech Republic – with the IT, industrial, and energy sectors spearheading economic bustle – will soon face important legislative updates regarding the tax system and labor regulations, according to Kinstellar Partner Karla Rundtova.
Kinstellar Advises S IMMO on Acquisition of Czech Hotel and Office Buildings from CPI
Kinstellar has advised S IMMO on its acquisition of three office buildings and a hotel in the Czech Republic – valued at EUR 167.7 million – from the CPI Property Group.
Turkey’s Competition Authority Initiated a Sector Inquiry into Mobile Ecosystems
April 2023 – On 12 April 2023, the Turkish Competition Authority (“Authority”) announced that it initiated a sector inquiry into mobile ecosystems. The sector inquiry aims to identify the possible competitive and anti-competitive effects caused by mobile ecosystems, develop effective policies based on them, and ultimately establish a competitive market in the digital economy.
Kinstellar Appoints Seven New Partners in Bratislava, Budapest, Istanbul, and Kyiv
Seven Kinstellar lawyers have been promoted to Partner: Bratislava-based Tomas Melisek, Budapest-based Levente Hegedus, Istanbul-based Bulut Girgin, and Kyiv-based Anastasiya Bolkhovitinova, Natalia Kirichenko, Oleg Matiusha, and Illya Muchnyk.
Kinstellar Advises Cura on Exit from Joint Venture with G City Europe
Kinstellar has advised Cura Vermoegensverwaltung on its exit from the Arkady Pankrac-ownership joint venture with G City Europe. Clifford Chance reportedly advised G City Europe.
Mandatory Submission of the Incorporation Application in Electronic Form for the Companies
The Ministry of Commerce of the Republic of Serbia has announced that the applications regarding the incorporation of companies (among others, limited liability companies and joint stock companies) can be submitted only in electronic form as of 18 May 2023 via a designated user application of the Serbian Business Registers Agency (“SBRA”).
Kinstellar and Filip & Company Advise on EUR 500 Million Senior Facility for RCS & RDS
Kinstellar, working with Linklaters, has advised a syndicate of banks on a EUR 500 million senior facility agreement with Romanian telecommunications service provider RCS & RDS. Filip & Company advised RCS & RDS.
Kinstellar Advises on Sale of Prague's Hotel Sovereign
Kinstellar, working with Advant NCTM, has advised the Italian owner on the sale of Hotel Sovereign in Prague.
SOG Advises PowerChina on Acquisition of Vetrozelena from CWP Europe
The SOG Law Firm has advised PowerChina Resources on its acquisition of a 51% stake in the Vetrozelena wind farm project from CWP Europe. Moravcevic Vojnovic and Partners in cooperation with Schoenherr reportedly advised the seller.
Kinstellar, ODI, Jadek and Pensa, and Bradvica Maric Wahl Cesarec Advise on TAWAL's EUR 1.2 Billion Acquisition of United Group CEE Tower Assets
Kinstellar and ODI Law, working with Morgan Lewis London, have advised TAWAL on its bid to acquire the Bulgarian, Croatian, and Slovenian tower assets of the United Group for EUR 1.2 billion. Jadek and Pensa and Bradvica, Maric, Wahl, Cesarec advised the United Group. Paul Weiss and Kambourov and Partners reportedly advised United as well.
Turkey’s Competition Authority’s Preliminary Report on Online Advertising Sector Inquiry
April 2023 – On 7 April 2023, the Turkish Competition Authority (“Authority”) published its Preliminary Report prepared within the scope of the “Online Advertising Sector Inquiry” (“Report”) that it initiated on 21 January 2021.
Can Our Dog’s Name Identify Us?
Dogs are becoming an increasingly significant part of our lives. Regardless of the owner’s age – we can acknowledge that almost everybody enjoys their time patting a dog. Moreover, many people are addressing their dogs as babies, recognizing them as a part of the family.
SOG Advises Renault Group on Divestment Program
The SOG Law Firm, working with DLA Piper’s office in France, has advised the Renault Group on the divestment program for its import and distribution subsidiaries in six jurisdictions. Wolf Theiss reportedly advised the Emil Frey Group on acquiring the operations. Sabev & Partners reportedly advised the Renault Group as well.
Czech Senate to Approve the New Amendment to the New Building Act
April 2023 – An amendment to Act no. 283/2021, Building Act (the “New Building Act”) has been approved by the Chamber of Deputies, bringing key changes to Czech construction laws and permitting processes (the “New Amendment”). The New Amendment has been passed to the Senate, which should approve it shortly. The original New Building Act, representing a major change of Czech building regulations, was adopted back in July 2021.