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201 Barbu Vacarescu
Globalworth Tower, Floor 22
020276 Bucharest
Romania

+40 21 307 1500

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CEE Transposition Status of the EU Pay Transparency Directive

May 2026 – The EU Pay Transparency Directive is no longer a distant HR compliance topic. It will require employers to review how pay is set, documented, disclosed and justified, with a particular focus on equal pay for equal work and work of equal value.

AI in HR: More time to prepare – not less to do

May 2026 – On 7 May 2026, the European Parliament and Council reached a political agreement to postpone the application of key obligations for high-risk AI systems under the EU AI Act. For standalone systems, including many HR and recruitment tools...

Upcoming changes to Romanian cookie consent framework

May 2026 – Romania is taking a significant step towards bringing its cookie consent rules into line with the standards established under the General Data Protection Regulation (GDPR) and the guidance of the European Data Protection Board (EDPB). A legislative...

New conditions in Romania for the recruitment of foreign workers: Necessary reform or overregulation?

May 2026 – On 27 April 2026, Government Emergency Ordinance No. 32/2026 (“the Ordinance”) regarding the access of foreign nationals to the Romanian labour market entered into force.

Advent finalises the acquisition of TBI Bank across Bulgaria and Romania. Kinstellar together with Milbank as lead counsel assisted throughout the process

April 2026 – Advent finalises the acquisition of TBI Bank across Bulgaria and Romania. Kinstellar together with Milbank as lead counsel assisted throughout the entire process, including obtaining regulatory approvals in Bulgaria and Romania for the...

EU 20th sanctions package against Russia: Implications for financial services and crypto-assets

April 2026 – EU Member States have adopted the 20th package of sanctions against Russia. The package has a pronounced anti‑circumvention focus and significantly expands measures affecting financial services and crypto‑assets. It is expressly designed...

Kinstellar advises Zen Energy Group on up to EUR 87 million financing for the Traian Wind Farm in Romania

April 2026 – Kinstellar has successfully assisted Zen Energy Group on an up to EUR 87 million project financing with a syndicate of lenders for the development, construction, and operation of the Traian wind farm located in Traian and Tudor Vladimirescu...

EU Insolvency Law redrawn: What directive 2026/799 changes and why it matters

April 2026 – Until last week, an investor assessing a distressed exposure in another EU member state had to navigate up to 27 different insolvency regimes, each with its own rules on look-back periods, directors' obligations, asset recovery, and creditor...

Regional report: Energy and natural resources trends in the CEE, SEE, Central and Southeast Asia for the year 2026

April 2026 – We are excited to release the second edition of the Report | Energy and Natural Resources Trends in the CEE, SEE, Central and Southeast Asia for the year 2026.

Kinstellar announces new series of promotions across multiple service lines in the Bucharest office

April 2026 – Kinstellar is proud to announce its promotions in the Bucharest office, highlighting the achievements of colleagues who have made significant contributions to the firm and its clients. The promotions reinforce the firm’s strategic focus...