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Amendments to currency restrictions in Ukraine create new opportunities to attract foreign capital

August 2025 – On 6–7 August 2025, a new package of changes to currency restrictions in Ukraine came into force. The National Bank of Ukraine (the "NBU") introduced currency restrictions in February 2022, following the onset of Russia’s full-scale...

Romania adopts first set of investment screening guidelines

August 2025 – On 30 July 2025, Romania enacted its first set of guidelines dealing with investment screening aspects (the “Guidelines”), generally codifying authorities’ practice so far and views on particular aspects. The Guidelines were adopted...

Ukraine greenlights strategic & critical minerals lists to support national security and boost investment

August 2025 – 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). Resolution No. 845 classifies minerals into two categories...

Navigating NIS 2: How businesses can achieve cybersecurity compliance across the EU

August 2025 - The NIS 2 Directive is the European Union’s cybersecurity framework that requires considerable efforts by companies in sectors like energy, transportation, life sciences and digital infrastructure to establish the required compliance....

DR-23: New non-reimbursable funding opportunity in Romania for companies in the food industry through European Funds

August 2025 – A new funding opportunity in Romania—the DR-23 Investments for the Processing of Agricultural Products Aid Scheme—has been launched following its publication in the Official Gazette, offering significant financial support to businesses...

Legislative amendments in Romania regarding advance pricing agreements

August 2025 - The Romanian tax authorities have recently enacted legislative changes concerning advance pricing agreements (APAs), with the aim of enhancing the regulatory framework and supporting tax compliance.

Kinstellar strengthens its Energy & Natural Resources practice in Bucharest with the hire of Counsel Raluca Gabor

August 2025 – Kinstellar is delighted to welcome Raluca Gabor as Counsel in its Bucharest office, further strengthening and expanding our Energy & Natural Resources practice in Romania and across the region.

Open banking: Ukraine enters new stage of payments market digital transformation

August 2025 – The National Bank of Ukraine (NBU) enacted a series of regulations on 1 August 2025 that establish an open banking system in Ukraine and significantly improve the regulatory environment for modern fintech services. The new legal framework...

Kinstellar, together with Addleshaw Goddard as lead counsel, advises Phoenix Equity Partners Limited on the acquisition of FutureMeds in Bulgaria and Ukraine

August 2025 – Kinstellar, together with Addleshaw Goddard as lead counsel, has advised Phoenix Equity Partners Limited, a leading UK-based private equity investor, in connection with the acquisition by Phoenix of FutureMeds, a fast-growing clinical...

Kinstellar advises East Grain on the acquisition of a majority stake in Maragro, a prominent agricultural enterprise in Romania

July 2025 – Kinstellar is pleased to announce that it has advised East Grain, a leading Romanian agribusiness company specialized in grain origination, trading, and logistics, on the acquisition of a 90% stake in Maragro Group, a major local agricultural...