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News November 2022

Kinstellar named Law Firm of the Year in Central Europe at The Lawyer European Awards ceremony

Kinstellar is pleased to announce that it has been named “2022 Law Firm of the Year: Central Europe” by the leading UK and European legal publication The Lawyer at its annual European Awards ceremony. Each year the awards celebrate excellence across the European legal market and recognise firms that have demonstrated outstanding achievements through their mandates, performance, impressive strategic growth and excellence in client service. Winners are chosen from among over 120 independent law firms headquartered in Europe and global firms across the continent. Kinstellar is also proud to have been shortlisted for the “Law Firm of the Year: South Eastern Europe” and ‘’Law Firm of the Year: Ukraine’’

Insights November 2022

New updates in employment and labour law in Romania

The November issue of our newsletter, put together by our Bucharest Employment and Labour law team, provides overview of new related regulations and developments in Romania, namely: new rules regarding the employment of foreign nationals in Romania; reinstating the obligation to draw up internal rules and job descriptions for all employers, regardless of their legal form; ECHR judgment in Moraru vs Romania case a height requirement in the recruitment process is discriminatory; online access for employees or former employees to data from the general register ofemployees; amendment of the amount of the unemployment allowance. Click on the image below to read the whole

Setting up November 2022

Setting up operations in Romania

Today’s uncertainties at the European Union’s eastern border have left companies questioning the safety of their people and the continuity of their operations in that part of the world. Businesses in the IT and BPO sectors that had found talent and growth opportunities in counties such as Ukraine or Moldova are now rethinking their strategy and options to move operations across the border, either temporarily or permanently. Our team in Bucharest has prepared a quick overview of the most important aspects that you need to consider if you decide to move your operations to Romania. Download in English: Download in Ukrainian:

Insights November 2022

Romania approves secondary norms to its new FDI regime

The Romanian government has adopted secondary legislation for the organisation and functioning of the FDI Screening Commission (the “CEISD”)—the authority tasked with the review of foreign investments under Romania’s new foreign direct investment (“FDI”) regime. Specifically, the government adopted Government Decision no. 1,326/2022 approving the Regulation on the functioning of the CEISD, which came into force as of 8 November 2022 (the “CEISD Regulation”). Romania’s new FDI regime was introduced earlier this year through Government Emergency Ordinance no. 46/2022 on measures for applying EU Regulation 2019/452 establishing a framework for the examination of foreign direct investment in the Union (the

Insights October 2022

Romania towards enhanced work life balance and better working conditions

In the era of digitalisation, the labour market is also experiencing continuous transformation. This causes a rethink of traditional labour relations, as well as the adoption of strategies to increase competitiveness and flexibility at work while maintaining a high level of social protection for employees. In order to align the legislative framework in Europe to the new labour market realities, two important directives have been adopted at EU level and gradually transposed to the specifics of local markets. Below we outline the most important changes incorporated into Romania’s legislative framework, reflecting the transposition of the two above mentioned EU directives. The overview was put together by Partner

Insights October 2022

New maritime labour regulations

The October issue of our team’s Employment and Labour law updates tackles a series of new regulations that impact the maritime transport sector. Click on the image below to read.

News September 2022

Kinstellar strengthens its Corporate M&A and Real Estate practices in Bucharest with new senior hires

Kinstellar proudly announces that two experienced senior lawyers have joined the growing team in Bucharest: Mihai Stan, Corporate M&A, and Diana Cochileț, Real Estate & Construction. The new hires, following the recent additions to our employment team, show our commitment to service our clients in areas with strong growth. Mihai Stan focuses on corporate M&A. In his almost nine years of practice, he has been involved in a wide range of matters from mergers, acquisitions, sales of operations and exits, to corporate governance, compliance and company formation issues, having worked for clients active across diverse sectors, including financial institutions, industrial, manufacturing, and pharmaceuticals.

Insights August 2022

Recent updates in employment and labour law in Romania

Click on the link below for a summary of the latest employment and labour law developments in Romania. The first issue in our series covers: the tax changes concerning part-time individual employment contracts the increase of the maximum value of meal vouchers the reduction of the retention period for payroll statements the new regulations on domestic providers the extension of the Kurzarbeit mechanism until 31.12.2022 the CJEU ruling on the dismissal of a data protection officer without a serious reason This overview was put together by Partner Remus Codreanu and Senior Associate Lidia Zarnescu, with the support of our local employment and labour law team

News August 2022

Kinstellar significantly expands its dynamic employment and labour law team in Bucharest

Kinstellar is pleased to announce new joiners to its employment and labour law team in Bucharest over the past month. The Firm welcomes senior lawyers Lidia Zarnescu and Catalin Roman, who each boast more than 10 years of employment and labour law experience. Their addition to the firm significantly strengthens our employment and labour law expertise and grows our team in Bucharest to 6 dedicated lawyers, making it one of the largest and most experienced teams in Romania. This enables us to respond to the ever-increasing need for labour-related law advice in Romania. Lidia Zarnescu has significant expertise and an established track record handling a wide spectrum of employment and labour law issues including TUPE, disciplinary

Insights June 2022

Romanian government adopts law sanctioning speculative actions during times of crisis and regulating the abuse of superior bargaining position

In the context of a looming post-COVID-19 financial crisis, exacerbated by the Russian intervention in Ukraine, soaring energy and fuel prices, and rapidly rising inflation, the Romanian government has recently adopted Government Emergency Ordinance 84/2022 on combating speculative actions and amending and supplementing certain normative acts (the “GEO”). The GEO was published in the Official Gazette on 20 June 2022 and will enter into force fully in 30 days from publication.   The GEO amends Law no. 11/1991 on unfair competition (the “Unfair Competition Law”) and introduces major changes to the legal framework of unfair competition rules in Romania. The GEO provides for, inter alia, sanctions for speculative actions

News June 2022

Kinstellar hosts webinar on current developments in the CEE life sciences & healthcare sector

On 14 June 2022, Kinstellar hosted a webinar centred on current developments in the life sciences & healthcare sector across Central and Eastern Europe. We covered some of the most relevant and pressing topics currently impacting the life sciences & healthcare landscape, including (i) sector inquiries by local competition authorities in the area of life sciences; (ii) price reduction announcements and their relevance for the CEE pharma sector; and (iii) legal challenges on the use of artificial intelligence across the life sciences industry. Presentations were made by Tomáš Čihula, Eszter Takácsi-Nagy, Péter Vörös and Petr Bratský. Below we provide a brief summary: Sector inquiries

Insights May 2022

5G auctions

As the process of 5G coverage expansion continues, we bring you a short status update on 5G auctions and 5G rollout in the Central and Eastern Europe and Central Asia regions. Kazakhstan Frequency already allocated: 3.5 GHz. Announced / expected 5G auctions: Three lots each for 100 MHz around 3.5 GHz will be sold at auctions that are planned for the end of May 2022. One lot per city—Almaty, Nur-Sultan and Shymkent—will be offered. Stage of 5G auctions and auction method: The relevant law and regulations for holding auctions have been adopted. Auctions will be held in two stages. At the first stage the bidders' compliance with qualification requirements