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Kinstellar Sofia authors the Bulgarian chapter of the GAR Commercial Arbitration

May 2024 – Kinstellar’s team in Sofia authored the Bulgarian chapter on Commercial Arbitration 2024, published by the Global Arbitration Review (GAR), the leading resource on international arbitration news and community intelligence. Our Bulgarian...

Major changes in Bulgarian gambling regulation

May 2024 – In a recent legislative update in the Bulgarian Gambling Act, major changes to regulations governing organisers of gambling games and activities and gambling advertisements have been introduced. Most of the amendments enter into force on...

Investing in a variable capital company in Bulgaria

May 2024 – In less than two months, businesses will have the opportunity to start using a new corporate vehicle available in Bulgaria – the variable capital company (“VCC”). The VCC structure has been designed to give more flexibility to founders...

Amendments to the Bulgarian Labour Code

Strengthening the home-office regime and enhancing remote workplace safety

Kinstellar advises UEG on the acquisition of a solar project in Bulgaria with a forecasted capacity of 250 MW

April 2023 – 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 (PV) project under construction....

Get ready for the new foreign direct investment screening regime in Bulgaria

March 2024 – A foreign direct investment screening mechanism entered into force in Bulgaria on 12 March 2024. The mechanism applies Regulation (EU) 2019/452, establishing a framework for the screening of foreign direct investment (“FDI“) into the...

Update: ESG reporting obligations in Bulgaria, Croatia, the Czech Republic, Hungary, Romania and Slovakia

February 2024 – With the 6 July 2024 deadline for the implementation of the EU Corporate Sustainability Reporting Directive (EU) 2022/2464 (the "CSRD”) looming, Member States across the EU have been moving at different speeds to adopt their respective...

Kinstellar’s Sofia office welcomes Boryana Boteva as Head of Projects & Infrastructure

January 2024 – Kinstellar Sofia expands its Projects & Infrastructure service line with the addition of Boryana Boteva who joins the firm as a Senior Counsel and Head of Projects & Infrastructure in Sofia.