📢 🇭🇺 Honored to have successfully advised the #Hungarian Power Exchange (#HUPX), together with the Hungarian Transmission System Operator, #MAVIR, on the #landmark Project Bluesky transaction: the Hungarian Power Exchange, HUPX’s joining #Adex, a leading regional power exchange serving Central and South-Eastern Europe. ⚡ This transaction marks a significant milestone in strengthening and expanding the reach of the regional power exchange group within the region. Adex Group Ltd., which includes operators of power exchanges in Slovenia and Serbia, is recognized as the first regional energy exchange. With this transaction, HUPX becomes the third fully-owned subsidiary of Adex Group Ltd. 🤝 💼 👉 Subject to regulatory approvals from relevant authorities, the launch of the expanded group is anticipated in the second half of 2024. 💡 Kinstellar provided MAVIR, HUPX's parent company, with comprehensive transactional advice, including negotiation and contract preparation, while also addressing competition and energy law aspects in this multifaceted cross-border transaction. 🌟 The Kinstellar team was led by Partner Gábor Gelencsér, with the support of Péter Vörös, Partner (#competition law); Gullai Péter, Managing Associate (#energy); Aron Barta, Senior Associate (M&A) and Orsolya Staniszewski, Associate (competition law). 👏 🔗 https://lnkd.in/dsWDWhfq #donedeals #EnergyExchange #CrossBorderTransaction #LegalAdvisory #CentralEurope #SoutheasternEurope #PowerSector #EnergyMarket 

🇧🇬 📃 Recent amendments to the #Bulgarian #Labour Code have reshaped the regulations governing home-office arrangements and remote workplace safety standards. To ensure compliance and the well-being of remote workers, employers should adapt their practices and documentation to the evolving legal landscape. 💻 Nina Tsifudina, Partner in #Sofia and firm-wide co-head of the #Employment service line, and Anita Borisova, PhD, CIPP/E Attorney-at-law, Managing Associate in Sofia, have summarised the amendments to the Bulgarian Labour Code.   Read below 👇   #intheknow #legalupdate #employment #remotework

📝 🇺🇦 The International Register of Damage Caused by the Russian Aggression Against #Ukraine is now operating. 🌍 On 2 April 2024, the application process officially began, offering a platform for documenting claims for compensation due to the Russian aggression. 💼 Our overview below tackles 👇: What are the eligibility criteria? 📋 Who can apply today and how? 🤔 What are the next components of the International Compensation Mechanism? 🔄 🔗 https://lnkd.in/d4EbiKQq Feel free to contact the authors, Olexander Martinenko, Partner, and Danylo Volkovetskyi, Managing Associate, for more information. 📞 #intheknow #LegalInsight #CompensationMechanism #InternationalRelations #Ukraine #RussianAggression #LegalAlert #LegalNews

📢 🇸🇰 Delighted and proud to announce a new series of promotions in our Bratislava office.   🌟 Our congratulations go to new Managing Associates Dáša Labašová and Michal Hrušovský and new Senior Associates Livia Miklenčičová and Erik Neupaver. Furthermore, Barbora Bláhová has been promoted to the Associate level.   The firm acknowledges their #legal knowledge, teamwork and commitment to delivering exceptional value to our clients.   Congratulations and best of luck! 🍀  #exceptionaltogether

📢 🇧🇬 Kinstellar has supported United Energy Group (#UEG)’s internal legal team, Leslie Zhang, Yu Zheng, Yao Liu and other UEG in-house counsels, on the #acquisition of Green Profit EOOD, a developer of a #photovoltaic project under construction. ☀️ The Simeonovgrad-Polyanovo PV project, located in southern #Bulgaria, has a forecasted capacity of 250 MW. Kinstellar led and negotiated the entire transaction, including the share purchase agreement and other transaction documents. UEG is a Hong Kong-based producer of traditional and #renewable energy that has recently expanded its presence in the European energy market. 🌟 The multi-disciplinary team that advised UEG was led by Nina Tsifudina (Partner) and Atanas Mihaylov (Counsel), and included Antonia Mavrova (Partner), Sava Savov (Partner), Mladen Minev (Counsel), Simeon Vachev (Senior Associate), and Nikolay Gergov (Senior Associate). #donedeals #renewablenergy #leadinglawyers

🐰 🥚 🌸 Wishing you a Happy Easter! May this special time bring you joy and cherished time spent with loved ones. 🙏 #HappyEaster #EasterSunday #Springtime #JoyfulCelebration

🇧🇬 Kinstellar #Sofia acted as counsel for Dorado 1 EOOD, a subsidiary of Globe Trade Center S.A. (GTC), in relation to the EUR 55 million #financing provided by OTP Bank Plc and DSK Bank AD. 🏬 Dorado 1 EOOD is the owner of Mall of Sofia, one of the first modern #shopping malls in #Bulgaria, and Sofia Tower 1 and Sofia Tower 2 office buildings. 🌟 The team, comprising Svilen Issaev (Counsel) and Denitsa Kuzeva (Senior Associate), advised Dorado 1 EOOD throughout the whole cycle of the #deal – from the negotiations of the financing documents through signing and utilisation of the loan.   #donedeals #financing #realestate #realestatefinancing