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Kinstellar has advised Garbe Industrial on its entry into the Romanian market via a joint venture investment structure with Fortress Real Estate Investments Limited. Filip & Company advised Fortress Real Estate.

Central and Eastern Europe’s M&A landscape is experiencing challenging and interesting times. Geopolitical tensions (not least Russia’s war in Ukraine), inflation, and regulatory hurdles have created headwinds – yet opportunities persist. Investors are selectively pursuing high-quality deals, and great companies with strong prospects are still being bought and sold. In short, while uncertainty has become the new normal, M&A isn’t going away and remains a fundamental growth strategy. As a recent survey noted, medium- to long-term prospects for deal-making remain positive, with participants preparing to seize the opportunities ahead. CEE as a region continues to attract interest thanks to its underlying growth drivers and relative stability, even compared to Western Europe.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: With autumn being a peak conference period, what are your annual “cannot miss” conferences during the fall season and why?

January 2026 – As a result of Russia’s ongoing aggression, businesses across virtually all sectors of the Ukrainian economy have suffered severe damage and financial losses. Missile strikes, drone attacks, and other forms of hostilities affect both frontline and rear regions – and the number of impacted enterprises continues to grow on a daily basis. According to expert assessments, by mid-2025 Ukraine’s direct, documented losses incurred from the war had reached approximately USD 176 billion[1].

Kinstellar has advised BIG Mega Renewable Energy on an approximately EUR 100 million project financing for the development, construction, and operation of the Vacareni wind farm in Tulcea County, Romania. Clifford Chance advised the financing syndicate.

Kinstellar at a Glance

Kinstellar is a leading independent law firm in Emerging Europe, Turkey and Central Asia, with offices in Bulgaria (Sofia), Croatia (Zagreb), the Czech Republic (Prague), Hungary (Budapest), Kazakhstan (Almaty and Astana), Romania (Bucharest), Serbia (Belgrade), Slovakia (Bratislava), Turkey (Istanbul), Ukraine (Kyiv), and Uzbekistan (Tashkent).

Operating as a single fully integrated firm, Kinstellar delivers consistently high quality services across all jurisdictions in an integrated and seamless style. We are particularly well suited to servicing complex transactions and advisory requirements spanning several jurisdictions.

Firm's website.