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Defence Readiness Omnibus: EUR 800 billion to be spent on defence in the next four years
As part of the European Commission's ReArm Europe Plan, Readiness 2030, European Union Member States will mobilise EUR 800 billion over the next four years to finance a massive ramp-up of their defence spending. On 17 June 2025, the Commission adopted the Defence Readiness Omnibus ("Omnibus") to facilitate these defence investments. The Omnibus is the response to the call of the European Council from March this year[1] for the Commission to enable the simplification of both legal and administrative frameworks relevant to defence readiness, in line with the 2022 Versailles declaration by EU leaders calling for Member States to bolster their defence capabilities following the Russian invasion of Ukraine. In its March
Kinstellar appoints new Sector and Service Line Heads and Head of German Desk
Kinstellar supports professional growth by offering a broad range of career development opportunities for our team, including the role of sector/service line head or co-head. We provide growth opportunities to all of our talented lawyers with the relevant experience and an outstanding track record. We are delighted to announce the following appointments: Csilla Andrékó, Partner in our Budapest office, is the Co-Head of the firm-wide Banking & Finance Service Line. Csilla is one of the founders of the Firm and the former Managing Partner of the Budapest office. Csilla also served as the head of the regional Banking & Finance and Restructuring & Insolvency Service Lines. She retired from active practice
Kinstellar advises on the reverse takeover of a company listed on the London Stock Exchange
Kinstellar’s Prague office has successfully advised the Czech company Mineral Ventures Invest spol s r.o. (“MVI”)—the sole domestic investment gold seller with its own gold mine—on a reverse takeover transaction (RTO) involving the acquisition of the majority of shares in Irish mining and exploration company IMC Exploration Group PLC (“IMC”), whose shares are listed on the prime market of London Stock Exchange (LSE). In this intricate deal, MVI—part of the private Czech holding group Holding Zlato—has become the majority owner of MIC. As consideration for the newly issued shares, IMC has acquired ownership interest in MVI through its Armenian subsidiary, which owns a mining license for a gold mine in
Kinstellar advises Yanolja Cloud on its acquisition of a leading B2B travel solution provider
Kinstellar, together with a lead counsel Watson Farley & Williams, have successfully advised Yanolja Cloud, a leading global provider of AI-based SaaS solutions for the hospitality and leisure industries, on the multi-jurisdictional acquisition of Go Global Travel (GGT), a B2B travel technology company that distributes its inventory of more than one million hotels and other travel products from 200 countries to over 20,000 client partners. The acquisition of GGT from AMI Opportunities Fund will give Yanolja Cloud unparalleled distribution capabilities, making it a one-of-a-kind company and allowing properties of all types, sizes, and budget ranges – and in every corner of the world – to digitize property operations.