21
Wed, Jan
26 New Articles

Schoenherr has advised Enery on the acquisition of a 32-asset operational photovoltaic portfolio in Slovakia with a combined capacity of 34.6 megawatts from ContourGlobal and Energy Infrastructure Partners. Eversheds Sutherland advised ContourGlobal. Kinstellar reportedly advised on the matter as well.

Ukraine has moved quickly to bolster its defense industrial base, with a new Defense City regime offering tax, customs, and administrative incentives to manufacturers, according to Kinstellar Partner Natalia Kirichenko, with the framework aiming to cut red tape, speed up production, and attract both domestic and international players under wartime conditions.

As the region rounds the summer bend, Kinstellar Partner in Serbia Milan Samardzic, Avellum Managing Partner Mykola Stetsenko in Ukraine, and PwC Director and Head of Legal Practice in Georgia Vano Gogelia unpack what moved and why in terms of summer levels of activity, the macro and political levers at play, and what they expect to drive closings into year-end.

Weinhold Legal, working with Wilson Sonsini Goodrich and Rosati, has advised Resistant AI on its USD 25 million Series B financing round led by DTCP Growth. Kinstellar advised DTCP. Taylor Wessing, working with Gunderson Dettmer, reportedly advised DTCP as well.

Ukraine currently maintains one of the largest sanctions lists in Europe, comprising roughly 21,000 entries but with only 114 removals over the past decade. Sanctions have become a central instrument of national security policy in response to persistent external threats. At the same time, the likelihood of successfully overturning a designation remains extremely limited.

The Croatian Government has introduced the Draft Act on the Screening of Foreign Investments, which is currently undergoing public consultations. The Draft Act seeks to establish a foreign direct investment (FDI) screening mechanism in line with Regulation (EU) 2019/452 and OECD investment standards. Its aim is to create a national framework for reviewing FDIs that may pose risks to national security or public order.

Kinstellar has advised UniCredit Bank Czech Republic and Slovakia and Ceska Sporitelna on the financing for Aurelia Fondy SICAV for the acquisition of the River Garden II and River Garden III office buildings. Dentons advised Aurelia Fondy SICAV. White & Case reportedly advised the sellers, Encore Plus Properties II.

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.

As cross-border client needs grow in Southeast Europe, Kinstellar launched the Western Balkans Hub to offer legal support across the region. SOG in cooperation with Kinstellar Managing Partner Milos Velimirovic and Special Counsel Olga Sipka discuss how the Hub came to life, how it works in practice, and what sets it apart.

Kinstellar and Wardynski & Partners, working with Kirkland & Ellis, advised US private equity firm GTCR on its agreement to acquire Zentiva from Advent International. White & Case advised Zentiva Group a.s. CMS advised Advent International. 

Kinstellar, working with Lee & Ko, has successfully represented Korea Hydro & Nuclear Power in proceedings that resulted in the dismissal of legal challenges brought by Electricite de France seeking to block the Czech state & CEZ Group-owned Elektrarna Dukovany II from signing a contract to construct two new nuclear units at the Dukovany site.

Kinstellar at a Glance

Kinstellar is a leading independent law firm in Emerging Europe, Turkey and Central Asia, with offices in Bulgaria (Sofia), Croatia (Zagreb), the Czech Republic (Prague), Hungary (Budapest), Kazakhstan (Almaty and Astana), Romania (Bucharest), Serbia (Belgrade), Slovakia (Bratislava), Turkey (Istanbul), Ukraine (Kyiv), and Uzbekistan (Tashkent).

Operating as a single fully integrated firm, Kinstellar delivers consistently high quality services across all jurisdictions in an integrated and seamless style. We are particularly well suited to servicing complex transactions and advisory requirements spanning several jurisdictions.

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