🇪🇺 🛡️ EUR 800 billion for EU defence: What you need to know about the Defence Readiness Omnibus The European Commission has recently adopted the Defence Readiness Omnibus, an initiative under the ReArm Europe Plan/ Readiness 2030 that will mobilise EUR 800 billion in defence investments across the EU over the next four years. The Omnibus is the response to the call of the European Council for the simplification of legal and administrative frameworks relevant to defence readiness, and for greater sovereignty and autonomy. The Omnibus reflects the priorities set out in the White Paper for European Defence-Readiness 2030, and proposes different amendments and measures in relation to defence and non-defence legislation. 👉 Our team closely monitors these legislative developments. Nagy Akos, Senior Counsel (Budapest), and Lukas Sevcik, Partner (Prague) and Firm-wide Head of the Defence & Security sector and of the German Desk, explore the background, key goals, and legal implications of the initiative in their latest article: https://lnkd.in/dn8g5Pr8 #ExceptionalTogether #DefenceReadinessOmnibus #Omnibus #Defence #DefenceLaw #EUDefence #ReArmEurope #SAFE #EDF #EDIP #SEAP #EULegislation

📣 🇸🇰 We are proud to have advised Accolade Holding, a Czech investment group specialising in sustainable industrial infrastructure, on the acquisition of GLP Košice, a modern, 21,600 sqm logistics and industrial park in Eastern #Slovakia. The transaction strengthens Accolade’s presence in the market and supports its strategy of building infrastructure for the future of logistics, e-commerce, and manufacturing. 💼 Full legal support, including both acquisition and financing aspects, was provided by our team: Partner Tomáš Melišek, Managing Associate Dáša Labašová, Senior Associates Michaela Straková, Norbert Stilla, and Matúš Kočíšek, and Associate Martin Dančo. 🖱️ Read more: https://lnkd.in/dWKKZwmk #ExceptionalTogether #DoneDeals #MergersAndAcquisitions #Logictics #IndustrialPark #Ecommerce #Manufacturing #Expansion

📍 🇷🇴 We are proud to have advised Special Flanges S.p.A., a leading Italian manufacturer of high-performance forged components, on its first direct investment in Romania—the acquisition of 100% of the shares in Vilmar SA, a well-established Romanian industrial company. The deal marks a significant step in Special Flanges’ strategic expansion across Central and Eastern Europe and was carried out via the Wisequity V fund, managed by Wise Equity SGR. 👏 Kudos to our cross-practice team provided full-scope legal and tax support on the transaction, with general oversight from Zsuzsa Csiki (Partner and Co-Head of Corporate/M&A in #Romania) and contributions from across areas: 🔸 Corporate and transactional matters: Mihai-Cristian Stan, who acted as the main lead on the transaction, supported by Claudia Popescu, Cosmin Vasilescu, Teodor Lupu, and Mirela Ivana 🔸 Tax matters: Theodor Artenie, Carmen Mazilu, and Roxana Gheorghe 🔸 Employment law matters: Lidia Zarnescu and Andrada Popescu 🔸 Regulatory aspects: Dana - Andreea Sârbu 🔸 Real estate matters: Rena Saftencu and Iunia Nagy 🔸 Competition and FDI matters: Cătălin Graure and Cristina Costin 💬 Zsuzsa Csiki commented: “Congratulations to our client and to all parties involved in this landmark transaction. This was the result of an extraordinary effort by an exceptional team. The team, under Mihai’s efficient coordination, went the extra mile at every stage. I couldn’t be prouder of the professionalism, resilience, and collaboration shown by everyone involved. It was a true example of what we can achieve as a team—exceptional together, in action!” 🔗 https://lnkd.in/dDScMWiX #ExceptionalTogether #DoneDeal #MergersAndAcquisitions #Romania #CorporateLaw #CEE #Expansion #Investment

📌 🇷🇸 When does it cross the line? Legal perspectives on employees performing paid work during sick leave in #Serbia According to the Serbian Supreme Court, sick leave abuse occurs only when an employee’s conduct during leave prevents recovery or aggravates their health condition. Performing other paid work isn’t automatically abuse - courts assess each situation on a case-by-case basis, often relying on expert medical evaluations. 📑 Article 84 of the Health Insurance Act: This provision states that an employee on sick leave loses the right to salary compensation if they engage in any income-generating activity regardless of its effect on health. The law is clear, but it applies administratively, not judicially. ⚖️ So what happens when these two perspectives clash? Employers have a key role: by highlighting Article 84 in litigation, they can encourage courts to reconcile statutory rules with established case law - helping bring consistency to an evolving area of employment law. 📖 Read the full article - with case law examples - written by Managing Associate Ana Arambasic, who recently held several seminars in #Belgrade on employment and labour law: https://lnkd.in/dZN8M9MN #ExceptionalTogether #InTheKnow #EmploymentLaw #SickLeave #LegalUpdate #HRCompliance #LabourLaw #LegalUpdate #Article84

🌍 We are pleased to announce that Kinstellar has contributed to the newly released IBA Healthcare & Life Sciences Law Committee 2025 Survey on healthcare financing and reimbursement — providing expert legal insights for the Czech Republic 🇨🇿! This comprehensive IBA survey highlights the key legal trends and challenges within the financial ecosystem of the healthcare sector in over 50 countries worldwide. Our authors, Tomas Cihula (Partner, Prague, Head of Firm-wide Life Sciences & Healthcare sector, Co-Head of Firm-wide Competition & State Aid service line) and Simona Semanová (Associate, Prague), are proud to support the international legal community by sharing local expertise on one of the most dynamic and regulated industries. 🔗 Access the full survey here: https://lnkd.in/d5_-baFG 💬 If you're operating in or exploring the Czech market in this sector, we’re here to help navigate the legal landscape. #ExceptionalTogether #InTheKnow #HealthcareLaw #LifeSciences #IBASurvey #LegalInsights #CzechRepublic #ThoughtLeadership #IBA

📣🇺🇦 Kinstellar Ukraine’s exclusive overview Panoramic: Construction Ukraine 2026 is now live on Lexology! 🏗️ Following our contribution to the 2025 edition, we’re pleased to continue the tradition this year — providing the latest legal insights for international #investors and #developers navigating Ukraine’s #construction landscape. In a structured Q&A format, Oleg Matiusha, Partner and Head of Real Estate and Construction, #Infrastructure and #Transportation in Ukraine, and Diana Malysh, Associate outline key updates on: ✔️ Entering the market and navigating licensing under martial law ✔️ Contracting essentials and use of FIDIC templates ✔️ PPP & concession frameworks ✔️ Labour, liability, and insurance rules ✔️ Cross-border, compliance, and dispute resolution topics 🔗 Read the full guide (Lexology account required): https://lnkd.in/gc8aET5S #ExceptionalTogether #Lexology #Panoramic #ConstructionLaw #Ukraine #RealEstate #LegalInsights #InvestmentOpportunities #ConstructionIndustry #RebuildingUkraine #UkraineReconstruction

⭐ Last week, Iulian Sorescu was invited to speak at the Ziarul Financiar conference, “The Largest Players in the Economy: From Local to International”—a consistently insightful and well-organised event in Romania. 💬 During the panel focused on the international expansion of Romanian businesses and investment strategies, Iulian Sorescu, Partner and Head of the Financial and State Aid practice in #Romania, shared valuable insights into investor behaviour and shifting trends both locally and across the region. Here are the key takeaways: 🔶 The investor landscape in Romania has clearly evolved, with a growing number of Romanian-owned companies now pursuing strategic expansion. 🔶 State aid projects have undergone a notable transformation—from being dominated by multinationals (90% between 2008–2012, largely in the automotive sector) to reaching a balanced 50/50 split between foreign and Romanian companies in 2023—a trend that continues today. 🔶 The focus of state aid has also shifted: once centred on automotive, it now increasingly supports sectors like construction materials, pharmaceuticals, and agri-food, previously far less active. 🔶 Investor decisions are guided by a comparative matrix, weighing key factors such as utility costs, labour availability, tax regimes, and the regulatory landscape—with the final choice driven by a balance of all these elements. 🔗 https://lnkd.in/dBxbhvBH 🙏 A sincere thank-you to Ziarul Financiar, Romania’s leading business publication, for the kind invitation and for our ongoing collaboration over the years. #ExceptionalTogether #StateAid #Investments #BusinessStrategy #ZFConference #DoingBusinessInRomania

🇺🇦📊 Attention Ukrainian taxpayers within U.S.-headquartered multinational enterprise groups Starting in 2025, Ukrainian members of multinational enterprise groups (#MNEs) with consolidated annual revenues exceeding EUR 750 million will be required to file Country-by-Country (#CbC) Reports for the first time. With the Multilateral Competent Authority Agreement (CbC MCAA) now in effect for Ukraine, companies must navigate this new requirement carefully to avoid penalties. Lyudmyla Dzhurylyuk, Managing Associate, #Tax has provided key insights on this update, covering risks and important aspects such as: 📄 Filing obligation 🕒 Filing deadlines ⚖️ Penalties for non-compliance (up to USD 100,000!) 👇🏻 Read more below for full details, or click here for the #Ukrainian version: https://lnkd.in/dVGwTPje 📩 For expert guidance on the new CbC reporting requirements, contact Lyudmyla Dzhurylyuk. #ExceptionalTogether #Ukraine #CbCReporting #TaxCompliance #MNE #TaxLaw #CorporateTax #BusinessRegulations #LegalUpdate #UkraineReconstruction

🚨 Legal risk alert: Collateral damage for US/EU/UK companies? How Russia’s anti-sanctions litigation policy threatens cross-border dispute resolution in Kazakhstan Russia’s aggressive anti-sanctions judicial policy is reshaping the legal landscape of cross-border dispute resolution. By routinely disregarding both arbitration and forum selection clauses, Russian courts are asserting jurisdiction over disputes involving sanctioned Russian parties—regardless of prior contractual arrangements. This trend creates acute risks for foreign companies that engage with Russian counterparties and simultaneously operate or hold assets in Kazakhstan, as Russian judgments may be enforced there. ➡️ What does this mean for your business? Read our full breakdown here: https://lnkd.in/dzNzZ2r8 📩 Questions or concerns? Contact the authors, Partners Ardak Idayatova and Luke Wochensky and Junior Associate Usen Tastanbekov, for tailored guidance. #ExceptionalTogether #Sanctions #Russia #Kazakhstan #InternationalLaw #CrossBorderDisputes #LegalRisk #DisputeResolution #Arbitration #SanctionsCompliance