Stratulat Albulescu has advised the GapMinder Venture Partners Fund II on investing in Genezio in a USD 2 million round that included Underline Ventures and other angel investors.

Boyanov & Co. has advised digital transformation consultant Synechron on its full acquisition of Bulgarian developer Dreamix. Djingov Gouginski Kyutchukov & Velichkov advised Dreamix and its nine shareholders on the sale.

The main breaches of the Regulation (EU) No. 679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (hereinafter the “GDPR” or the “Regulation”) committed by the Romanian data controllers (the “Controllers”) investigated and sanctioned by the National Supervisory Authority for Personal Data Processing (the “Supervisory Authority”) in 2023 may be summarized as follows:

Former Associate Partners Azuolas Cekanavicius and Povilas Junevicius have been promoted to Partner positions with Ellex in Lithuania.

Former CEE Attorneys Managing Associate Madalina Ivan has recently announced the launch of her new law firm in Bucharest: Madalina Ivan Business Attorneys at Law.

Important changes entered into force as of January 1, 2024, in the world of designs. As a result, it will be easier, faster, and cheaper to obtain IP design protection in Hungary.