Timisoara, 7 July 2025 - Baldi & Partners (baldiandpartners.it), a multidisciplinary law, financial, tax and consulting firm based in Italy, and Hategan Attorneys (hategan.ro), one of Romania’s most respected law firms, announce the setting up of a strategic and innovative partnership. This collaboration is designed to support the international growth of clients not only in Romania and Italy, but also across emerging markets in Central and Eastern Europe (CEE), offering integrated legal and business advisory services tailored to a rapidly evolving regional landscape.
Back in the article "Transposition of the Corporate Sustainability Reporting Directive in Romania," published in Issue 12.3 of the CEE Legal Matters magazine, we explored the regulatory landscape of ESG in Romania as part of CEELM's market snapshot. Here's a case study of what ESG means in practice, a project started 10 years before the ESG legislation but focusing on the same values and principles.
At the end of 2022, the European Union adopted Directive (EU) 2022/2555 (NIS 2), aimed at establishing a high common level of cybersecurity across the Union. It represents a significant update and extension of the NIS 1 Directive, adapted to the current context of digital threats and interdependencies.
Opinion by Ioana Hategan, LLM (De), EMBA (SDA Bocconi School of Management), Managing Partner/M&A and PE Leader (Hategan Attorneys)
Artificial intelligence is rapidly transforming traditional professions, and the legal field is no exception. AI platforms are increasingly capable of searching, synthesizing, and structuring legal information—tasks that, until recently, defined the value brought by a lawyer.
This evolution raises a fundamental question: what is the added value that a business lawyer can still offer corporate clients today?
Romania is taking a decisive step toward integrating the EU’s Corporate Sustainability Reporting Directive (CSRD) through the triple regulatory framework simultaneously established by the Ministry of Finance through Order No. 85/2024, the Financial Supervisory Authority through Norm No. 4/2024, and the National Bank of Romania through Order No. 1/2024.