Last week was full of exciting news in relation to AI in Romania. First, the long-awaited AI Act was published in the EU’s Official Journal on 12 July, becoming Regulation (EU) 2024/1689. The AI Act is an essential part of the EU’s extensive digital strategy, alongside the Digital Services Act and the Digital Markets Act. The EU digital strategy aims to establish a thorough regulatory framework that tackles the diverse challenges and opportunities of the digital economy. Secondly, the Romanian Government approved the National Strategy regarding Artificial Intelligence (“AI Strategy”) on 11 July. The AI Strategy aims to contribute to Romania’s adoption of digital technologies in the economy and society, while respecting human rights and promoting excellence and trust in AI.
NIS2 Directive and the new Bill on Cybersecurity
What is the NIS2 Directive and from when does it apply?
Turunc and Keco Advise on Bogazici Ventures' Follow-on Investment in Hiwell
Turunc has advised Bogazici Ventures on its follow-on investment in Hiwell in a round that also saw Eksim Ventures, Unlu & Co, and Kinesis Teknoloji Yatirimlari join. Keco advised Hiwell. Gunduz & Gunduz reportedly advised Kinesis.
Understanding The Exhaustion Of Trademark Rights In The Western Balkans: A Detailed Overview
The concept of exhaustion of trademark rights is a nuanced aspect of intellectual property law that might seem counterintuitive to those unfamiliar with the field.
Natalia Nader Joins Just Law as Partner
Former Everberg Law Firm TMT & Data Protection head Natalia Nader has joined Just Law as a Partner.
Wolf Theiss Advises Schibsted Group on Separation of its Business Split
Wolf Theiss, working with Wiersholm, has advised the Schibsted group on the separation of its business into two companies – Schibsted Media and Schibsted Marketplaces.
Cytowski & Partners Advises on Lupa Technology's USD 1.8 Million Seed Investment from South Central Ventures
Cytowski & Partners has advised Lupa Technology on its USD 1.8 million series seed with South Central Ventures. The same firm also advised South Central Ventures.