Wolf Theiss has advised the 4iG Group and its telecommunications portfolio manager Antenna Hungaria Plc. on their acquisition of a 100% stake in PR-Telecom Tavkozlesi Zrt.

Filip & Company has advised Simtel Team S.A. on the transfer of its shares to the Main Market of the Bucharest Stock Exchange. 

This March, MEPs approved new rules for artificial intelligence (AI), the so-called Artificial Intelligence Act. This was presented by the European Commission in April 2021. It is the world's first comprehensive AI legislation. The Act aims to improve the functioning of the internal market by setting a single legal framework for the development, launch and use of AI. The AI Act also seeks to reduce the administrative and financial burden on businesses, especially small and medium-sized enterprises.

Aslihan Evcimen has joined Saint-Gobain as their Country Legal Director in Istanbul, Turkiye.

What do Panama, the Netherlands, Latvia, and Serbia have in common? A shipment of over 5,000 high-quality athletic sneakers travelled through these countries before being halted at customs over authenticity concerns.

The EU’s Al Act (Regulation 2024/1689) enters into force today, August 1, 2024. The groundbreaking Act is designed to ensure that AI systems are safe, transparent, and governed by rules that protect fundamental rights. The Act categorizes AI applications into risk-based tiers, with each tier subject to different levels of regulatory scrutiny and compliance requirements.