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  • Article

    Gotta Catch 'Em All: Extending The Scope Of The Romanian FDI Screening Regime To EU Investors And Below-Control Acquisitions

    A little over one year since Romania's new foreign direct investment ("FDI") screening regime (that we previously wrote about here and here) became fully operational...
    RomaniaGovernment, Public Sector
    Kinstellar
    Kinstellar
  • Article

    Bulgaria Plans To Introduce A Range Of Derogations From The EU General Data Protection Regulation

    The majority of the specific additional requirements concern compliance with core GDPR requirements and data processing for employment purposes.
    BulgariaPrivacy
    Kinstellar
    Kinstellar
  • Article

    EUR 50 Million Fine For GDPR In France. What About CEE?

    The CNIL launched its investigation of Google on 1 June 2018 based on two complaints filed by data subjects.
    Czech RepublicPrivacy
    Kinstellar
    Kinstellar
  • Article

    Significant Interest And Activity In The Hungarian Start-Up Ecosystem

    The last 18 months have seen significant interest and activity in the Hungarian start-up ecosystem.
    European UnionCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Hungary Strengthens Its Energy Transition Through The EU’s Energy Storage Initiative

    Hungary has joined the EU's Tripartite Agreement for Energy Storage, committing to develop 700 MW of new storage capacity by 2028. This strategic move strengthens the country's energy sovereignty, accelerates renewable integration, and supports grid stability while reducing dependence on fossil fuels.
    HungaryEnergy and Natural Resources
    Kinstellar
    Kinstellar
  • Article

    "Green Claims" In Bulgaria, Croatia, The Czech Republic, Hungary, Romania, And Slovakia

    On 22 March 2023, the European Commission published a proposal for a Directive on Green Claims. The proposed Directive aims to tackle false environmental claims...
    European UnionEnvironment
    Kinstellar
    Kinstellar
  • Article

    Ukraine Takes Steps Towards FDI Screening Law

    September 2025 – Ukraine's parliament has registered a draft law "On the Screening of Foreign Direct Investments" (the "FDI Draft"), which, in line with EU standards, seeks to establish...
    UkraineGovernment, Public Sector
    Kinstellar
    Kinstellar
  • Article

    New Mechanisms For Monitoring External Borrowings By Large Enterprises In Uzbekistan

    Starting from 1 January 2025, any Uzbek resident (or a group), public or private, deemed as systemically important and with an outstanding debt that exceeds...
    UzbekistanFinance and Banking
    Kinstellar
    Kinstellar
  • Article

    Geo-Blocking Beware: New EU Rules Greatly Restrict The Ability Of Businesses To Use Geo-Blocking Techniques As Part Of Their Online Sales And Marketing Strategies

    Geo-blocking is no longer a laissez-faire matter in the European Union. From December 2018, a new set of rules apply that limits the use of geo-blocking by online businesses operating in the EU.
    European UnionMedia, Telecoms, IT, Entertainment
    Kinstellar
    Kinstellar
  • Article

    Law On Central Register Of Beneficial Owners Adopted In Serbia

    On 25 May 2018, the Serbian Parliament adopted the Law on the Central Register of Beneficial Owners ("the Law").
    SerbiaCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Spotlight On Uzbekistan: Kinstellar's Regular Look At The Uzbek Market, June 2019

    In accordance with the Presidential Decree No. UP-5723, from 1 October 2019 the minimum wage will be replaced as follows:
    UzbekistanEmployment and HR
    Kinstellar
    Kinstellar
  • Article

    Kinstellar Bulgaria: Banking, Finance & Capital Markets Briefing

    Kinstellar routinely monitors developments in finance, commercial, and contract law and in key regulatory areas relevant for financial institutions in Bulgaria...
    BulgariaFinance and Banking
    Kinstellar
    Kinstellar
  • Article

    European Commission Adopts New Data Protection-related Standard Contractual Clauses

    On 4 June 2021, the European Commission updated its standard contractual clauses for transfers of personal data to third countries and also released new standard clauses for controller-to-processor relationships.
    European UnionPrivacy
    Kinstellar
    Kinstellar
  • Article

    Setting Up Operations In Turkey

    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.
    TurkeyCorporate/Commercial Law
    Gen Temizer Erdogan Girgin Attorney Partnership
    Gen Temizer Erdogan Girgin Attorney Partnership
  • Article

    Application Of EU Sanctions Law To Trust Structures (CJEU Cases C-483/23, C-428/24 And C-476/24

    The Court of Justice of the European Union has issued landmark rulings clarifying that EU asset-freeze sanctions apply to trust structures based on substantive control rather than formal legal title. When a listed person retains practical influence, economic enjoyment, or realistic pathways to benefit from trust assets...
    AustriaCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    CJEU Confirms Validity Of Asymmetric Jurisdiction Clauses In Contracts

    On 27 February 2025, the Court of Justice of the European Union (CJEU) issued a key ruling in the Lastre case (C-537/23) (the Judgment), confirming that asymmetric jurisdiction clauses...
    European UnionCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Changes And Clarifications Regarding Construction Tax In Romania

    On 4 April 2025, Romania government Emergency Ordinance no. 21/2025 ("the GEO") was published and entered into force, introducing several important amendments...
    RomaniaReal Estate and Construction
    Kinstellar
    Kinstellar
  • Article

    50% Super-deduction For Stock Exchange Listing Costs In Romania: Implementation Rules Now In Force

    Romania has introduced a new corporate income tax incentive allowing companies to claim an additional 50% deduction on expenses related to stock exchange listings. With the recent publication of Order 804/2026, the framework is now complete, covering consultancy fees, regulatory charges, market operator fees, and other substantiated costs incurred during the admission and first-year maintenance period.
    RomaniaTax
    Kinstellar
    Kinstellar
  • Article

    Important Fiscal Changes In Romania Starting January 2025

    On 30 December 2024, the Romanian government adopted Emergency Ordinance no. 156/2024 ("the GEO") regulating a series of important fiscal changes...
    RomaniaTax
    Kinstellar
    Kinstellar
  • Article

    Ukraine Greenlights Strategic & Critical Minerals Lists To Support National Security And Boost Investment

    On 14 July 2025, the Cabinet of Ministers of Ukraine (CMU) approved the Lists of Minerals and Components of Strategic and Critical Importance (Resolution No. 845, or the Lists).
    UkraineEnergy and Natural Resources
    Kinstellar
    Kinstellar

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