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Global Guide

Corporate/Commercial — Bulgaria


Boyanov & Co. - Corporate/Commercial Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

Yordan Naydenov receives praise for his experience across M&A and financing matters and his "excellent understanding of how transactions should work." He frequently advises clients in the banking and real estate sectors on local transactions and restructuring issues. He recently advised Plastchim-T on the structuring of a minority shareholder exit from the company and on the subsequent reorganisation of its equity.

Alexander Chatalbashev regularly advises on corporate transactions and projects in the Bulgarian market. He is noted by sources for his experience in the gaming and gambling sector.

Managing partner Borislav Boyanov is "a great strategic thinker" who is highly regarded as a "top name" in this area. He regularly advises international investors looking to enter the Bulgarian market.

About the Team (content provided by Boyanov & Co.)

The Corporate / M&A and commercial practice is the core emblem of the firm. Having worked on virtually all major investment projects in Bulgaria since 1990 BOYANOV & Co. has earned the leading position on the market.

Just in 2015 – 2017 the firm advised on all significant M&A deals, including the sale of Alpha Bank to Eurobank and of United Bulgarian Bank to KBC, the deals for the largest telecom company, tile manufacturer, glass factories, etc.

What sets the firm apart:

  • Building long lasting relationships of trust and loyalty – we work for Philip Morris since 1990, Sony - 1994, Mondelez - 1993, Ideal Standard – 1992, etc.​
  • Knowledge and experience in multiple industry sectors – banking, energy, FMCG, telecommunications, real estate, public procurement, underground resources, insurance, etc. These allow us to rapidly grasp the essence of the project and immediately focus on the most important regulatory, commercial and corporate elements;
  • Completed many pioneering projects still without analogues in Bulgaria;
  • Participation in the privatisation of entire sectors of the Bulgarian economy – banking, electricity distribution, cement, beer, tobacco, etc.;
  • Strong respect and strict adherence to the core professional values;
  • Capability to handle large projects under time constraints – e.g. in just 1 month we prepared a full LDDR for the privatisation of a large Bulgarian industrial group on the basis of 600,000 pages of documentation.

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Djingov, Gouginski, Kyutchukov & Velichkov - Corporate/Commercial Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

The "absolutely outstanding" Zdravka Ugrinova collects extensive praise from clients, who appreciate that she "delivers exceptional advice and is incredibly responsive." She provides extensive experience in M&A matters, acting for a wide range of clients such as investment funds, healthcare providers and telecommunications companies. Her recent highlights include acting for China CEFC Energy on the Bulgarian aspects of the acquisition of Rompetrol from KMG International.

Stephan Kyutchukov receives positive feedback from market sources for his expertise across the transactional spectrum, acting on M&A, privatisation and real estate deals.

Omourtag Petkov offers wide experience encompassing M&A transactions, joint ventures and divestments. He advises clients from sectors such as energy, food and finance, as well as offering a notable practice emphasis on tech deals.

About the Team (content provided by Djingov, Gouginski, Kyutchukov & Velichkov)

- Our experience spans for more than 23 years of advising major domestic and international clients of the law firm in some of the largest M&As and privatizations to ever originate on the Bulgarian market and on the most significant global transactions with Bulgarian law aspects;

- DGKV has the largest corporate and M&A team on the Bulgarian legal market with highly qualified and experienced local lawyers. We have 12 partners, 8 senior associates and 8 associates who spent considerable amount of efforts and time on corporate, commercial and M&A matters;
- DGKV's team has a superb reputation for advising on local and cross border M&A transactions in Bulgaria with an impressive track record in the outsourcing, IT, banking, energy, TMT, pharma, and real estate sector;

What sets us apart is:

  • ability to handle large scale transactions requiring simultaneous multidisciplinary approach;​
  • unique for the Bulgarian legal amrket combination of sector-specific in-depth knowledge and tailor-made legal services;
  • strong local expertise and deep understanding of the Bulgarian legal environment and international business transactions;
  • supreme quality of legal service, thoroughness, and uncompromising attention to detail;
  • uniquely experienced in providing highly sophisticated and creative structuring solutions in complex transactions.

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Kambourov & Partners - Corporate/Commercial Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

Vladimir Rangeloff is a well-known name who represents a range of clients, particularly those active in the real estate sector. He recently led the team advising on the disposal of Piraeus Leasing Bulgaria by Piraeus Bank. Sources say: "He really knows his way around all the big players."

Veronika Hadjieva is described by interviewees as "very dynamic, proactive and proficient." She is experienced across the full breadth of corporate transactions, restructuring and advisory work, and regularly represents commercial developers and real estate companies. She recently advised BM Leasing Inc on the sale of its stake in BM Leasing AD to Web Finance Holding. Clients say she "drives things forward and comes up with good strategies to best serve our interests."

About the Team (content provided by Kambourov & Partners)

Department profile not yet provided by Kambourov & Partners. Please see their firm profile.

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Schoenherr (in cooperation with Stoyanov & Tsekova) - Corporate/Commercial Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

Dual-qualified in Austria and Bulgaria, Alexandra Doytchinova comes highly recommended for her transactional expertise. In addition to acting for local clients, she regularly advises Austrian clients on their investments into the Bulgarian market. She recently acted for Remix Global and its shareholders on an EUR8 million mezzanine financing and equity acquisition made by Mezzanine Management. Clients are impressed by her "extensive legal knowledge, excellent communication and negotiation skills," and say: "Her deep understanding of local specifics, coupled with her persistent application of best practices and international quality standards, is exceptional and rare in Bulgaria."

Ilko Stoyanov has an excellent reputation for M&A and financing transactions and wins recognition for his experience acting on cross-border deals, leveraged buyouts and private equity transactions. He frequently advises financial institutions and recently acted for B2 Kapital on its NPL portfolio acquisition transaction.

About the Team (content provided by Schoenherr (in cooperation with Stoyanov & Tsekova))

Department profile not yet provided by Schoenherr (in cooperation with Stoyanov & Tsekova). Please see their firm profile.

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CMS - Corporate/Commercial Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Atanas Bangachev is highly appreciated by market sources, who say he is "a very good operator who works extremely well." He is well regarded for his involvement in local M&A transactions and regularly advises private equity funds and international companies on their investments in Bulgaria.

David Butts is well regarded for his experience of cross-border transactions throughout CEE. He advises multinational clients active in sectors such as private equity and pharmaceuticals on M&A transactions and corporate advisory matters.

About the Team (content provided by CMS )

Department profile not yet provided by CMS . Please see their firm profile.

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Penkov, Markov & Partners - Corporate/Commercial Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Ivan Markov offers notable experience in local and cross-border M&A transactions, as well as extensive knowledge of commercial and regulatory issues. His recent workload includes assisting Drujba Glassworks with the disposal of the majority stake of its shares to Portugal's BA Vidro. Clients value his dedication: "He is always very aware of time limits and even on evenings or weekends he is always able to take a call and turn his attention to the case."

Vladimir Penkov is a highly experienced M&A practitioner who acts on both domestic and cross-border deals. He recently advised EMCO on the proposed BGN90 million acquisition of Dunarit.

About the Team (content provided by Penkov, Markov & Partners)

Department profile not yet provided by Penkov, Markov & Partners. Please see their firm profile.

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Spasov & Bratanov Lawyers' Partnership - Corporate/Commercial Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Vassil Hadjov is recognised for his expertise in corporate and financing transactions. He offers further experience in commercial and insolvency issues.

Georgi Spasov is a highly respected and experienced practitioner, well versed in a wide range of transactional and corporate advisory matters.

About the Team (content provided by Spasov & Bratanov Lawyers' Partnership)

Department profile not yet provided by Spasov & Bratanov Lawyers' Partnership. Please see their firm profile.

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Tsvetkova Bebov Komarevski, Attorneys-at-Law - Corporate/Commercial Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Venelin Dimitrov collects extensive praise from clients, who appreciate his "strong communication and negotiation skills, perfect understanding of specific business needs and timing of projects in the national and international environment." He has experience across transactions, regulatory issues and commercial advisory matters and acts for an extensive client list that includes technology companies, financial groups and media broadcasters. Sources say: "He is quick to respond to our queries and flexible to accommodate our schedules and business needs," and go on to highlight his "very good business acumen, very proactive manner and good suggestions."

Ilya Komarevski provides transactional and day-to-day advisory services to clients involved in industries such as telecommunications, pharma and transportation. Interviewees believe his strength lies in his "great communication and client-facing skills, and very concise and to-the-point manner."

About the Team (content provided by Tsvetkova Bebov Komarevski, Attorneys-at-Law)

Department profile not yet provided by Tsvetkova Bebov Komarevski, Attorneys-at-Law. Please see their firm profile.

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Wolf Theiss - Corporate/Commercial Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Richard Clegg is a highly appreciated figure both in Bulgaria and throughout CEE. He advises on a wide range of transactions, often representing clients from regulated industries such as insurance, TMT and financial services. Interviewees are quick to note his long-standing experience: "He is a good operator and has been here forever; he really knows the market quite well and runs a good team." He also earns praise for his cross-border experience from clients, who suggest that "he is extremely well versed in the jurisdiction and region generally."

Anna Rizova is a respected practitioner offering expertise in Bulgarian transactions and regularly advises clients from the insurance, finance and aviation industries. Clients value her assistance and depict her as "highly competent, trustworthy and good at explaining the cultural, civil and common law issues that arise."

Katerina Kraeva combines corporate and financing experience to advise on M&A transactions and corporate restructuring. She regularly acts for banks and investment groups, among other clients. In highlights, she represented STS Medical Group in the restructuring of its Bulgarian subsidiaries, involving the share transfer and merger of Texsan Medical into Salvamed.

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About the Team (content provided by Wolf Theiss)

Corporate/Commercial is one of our core practices in Bulgaria.  As one of the largest law firms in Bulgaria, we work on transactions with major international firms as either co-counsel or counterparties.  We also work extensively on Macedonian projects and transactions.  

Our Reputation 

Our Corporate/Commercial team is unique in Bulgaria for its specialization and expertise across the regulated sectors, particularly energy and telecommunications.

Our Cases 

We work on a constant basis with many clients to provide on-going strategic and transaction legal assistance. Due to our commercial private equity experience, we are entrusted to lead negotiations for founders and investors, advising on both strategy and approach.  Furthermore, we are actively involved in Bulgaria’s developing start-up and venture capital ecosystem.

Our Role

We are working on some transformational deals, pushing legal precedents and analyses, and actively working for clients across countries on multi-jurisdictional matters. We proactively support our clients through all stages of their transactions to ensure that legal risk is effectively identified and managed, and that transactions successfully put into place the foundation for a target's future growth and development.

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Andrey Delchev and Partners - Eurolex Bulgaria - Corporate/Commercial Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Andrey Delchev is the key contact for this department, which handles construction and infrastructure projects and often acts for real estate developers. Also active on compliance and corporate governance matters.

About the Team (content provided by Andrey Delchev and Partners - Eurolex Bulgaria)

Department profile not yet provided by Andrey Delchev and Partners - Eurolex Bulgaria. Please see their firm profile.

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Arsov Natchev Ganeva - Corporate/Commercial Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Advises clients from a range of industries, including pharmaceuticals and energy, on projects and procurement. The key contact for corporate and commercial matters is Jivko Rokov.

About the Team (content provided by Arsov Natchev Ganeva)

Department profile not yet provided by Arsov Natchev Ganeva. Please see their firm profile.

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Dinova, Rusev & Partners - Corporate/Commercial Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Anelia Dinova offers experience across a range of corporate and transactional matters, with a particular focus on foreign investment. She also has notable recent experience in restructuring mandates.

About the Team (content provided by Dinova, Rusev & Partners)

Department profile not yet provided by Dinova, Rusev & Partners. Please see their firm profile.

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Dobrev & Lyutskanov Law Firm - Corporate/Commercial Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Handles company incorporation and structuring for banks, energy firms and manufacturers. Grozdan Dobrev is the primary contact for this department.

About the Team (content provided by Dobrev & Lyutskanov Law Firm)

Department profile not yet provided by Dobrev & Lyutskanov Law Firm. Please see their firm profile.

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Kinkin & Partners - Corporate/Commercial Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

"Great strategist" Vladimir Kinkin is noted by clients for his "substantial experience in corporate law." He is especially experienced in restructuring matters and recently advised BNP Paribas Personal Finance on its corporate structure and commercial activity in Bulgaria. Clients regard him as a "driving force" within his team.

About the Team (content provided by Kinkin & Partners)

Department profile not yet provided by Kinkin & Partners. Please see their firm profile.

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Kinstellar - Corporate/Commercial Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Diana Dimova earns praise for her commercial awareness: "She goes the extra mile and comes up with real-world business solutions." She regularly assists private equity funds and banking clients with their investments in the Bulgarian market. In work highlights, she advised Teva Pharmaceuticals on the local aspects of the USD40.5 billion acquisition of Actavis Generics from Allergan. Clients also praise her leadership skills: "She is responsive, a good communicator and on top of things, both in terms of content and organising a larger team to get the job done."

About the Team (content provided by Kinstellar)

Department profile not yet provided by Kinstellar. Please see their firm profile.

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Gugushev & Partners - Corporate/Commercial Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

Stefan Gugushev is well versed in transactional matters, advising clients active in telecommunications, technology and finance on their local investments and disposals, as well as real estate and corporate restructuring mandates.

About the Team (content provided by Gugushev & Partners)

Department profile not yet provided by Gugushev & Partners. Please see their firm profile.

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HRISTOV & PARTNERS - Corporate/Commercial Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

Pavel Hristov offers a broad scope of corporate expertise, regularly acting on M&A, restructuring and corporate governance mandates. He also combines experience in competition and employment matters to provide full-service advice. He recently advised Pappas Holding on its proposed entry to the Bulgarian market. Clients note him for his speed of service, valuing him for being "very responsive, quick and always available."

About the Team (content provided by HRISTOV & PARTNERS)

Department profile not yet provided by HRISTOV & PARTNERS. Please see their firm profile.

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Ilieva Voutcheva & Co Law Firm - Corporate/Commercial Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

Diliana Ilieva represents clients in M&A, public procurement and corporate structuring matters across sectors such as energy, media and chemicals. Her recent experience includes advising Antenna Group on the registration of a new company, the launch of its Bulgarian website and drafting of its labour and civil agreements as part of the expansion of the Vice brand.

Rossitsa Voutcheva offers full-service commercial assistance to clients active in industries such as media, tourism and waste. She recently assisted Ece Trading with the negotiation of terms for the sale of its product in a Bulgarian food chain.

About the Team (content provided by Ilieva Voutcheva & Co Law Firm)

Department profile not yet provided by Ilieva Voutcheva & Co Law Firm. Please see their firm profile.

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Tocheva & Mandazhieva - Corporate/Commercial Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

Zhulieta Mandazhieva offers expertise across the full spectrum of commercial matters, including M&A, corporate restructuring and compliance issues. She recently acted for a software company on a corporate restructuring matter, including changing the shareholder structure and the spin-off of a new company.

About the Team (content provided by Tocheva & Mandazhieva)

Department profile not yet provided by Tocheva & Mandazhieva. Please see their firm profile.

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Eminent Practitioner

Borislav T Boyanov

Boyanov & Co.

From the Chambers Global guide

Managing partner Borislav Boyanov is "a great strategic thinker" who is highly regarded as a "top name" in this area. He regularly advises international investors looking to enter the Bulgarian market.

^ See whole ranking table

Eminent Practitioner

CMS

From the Chambers Global guide

David Butts is well regarded for his experience of cross-border transactions throughout CEE. He advises multinational clients active in sectors such as private equity and pharmaceuticals on M&A transactions and corporate advisory matters.

^ See whole ranking table

Eminent Practitioner

Penkov, Markov & Partners

From the Chambers Global guide

Vladimir Penkov is a highly experienced M&A practitioner who acts on both domestic and cross-border deals. He recently advised EMCO on the proposed BGN90 million acquisition of Dunarit.

^ See whole ranking table

Eminent Practitioner

Spasov & Bratanov Lawyers' Partnership

From the Chambers Global guide

Georgi Spasov is a highly respected and experienced practitioner, well versed in a wide range of transactional and corporate advisory matters.

^ See whole ranking table

Star Individuals

Djingov, Gouginski, Kyutchukov & Velichkov

From the Chambers Global guide

The "absolutely outstanding" Zdravka Ugrinova collects extensive praise from clients, who appreciate that she "delivers exceptional advice and is incredibly responsive." She provides extensive experience in M&A matters, acting for a wide range of clients such as investment funds, healthcare providers and telecommunications companies. Her recent highlights include acting for China CEFC Energy on the Bulgarian aspects of the acquisition of Rompetrol from KMG International.

^ See whole ranking table

Band 1

Alexandra Doytchinova

Schoenherr (in cooperation with Stoyanov & Tsekova)

From the Chambers Global guide

Dual-qualified in Austria and Bulgaria, Alexandra Doytchinova comes highly recommended for her transactional expertise. In addition to acting for local clients, she regularly advises Austrian clients on their investments into the Bulgarian market. She recently acted for Remix Global and its shareholders on an EUR8 million mezzanine financing and equity acquisition made by Mezzanine Management. Clients are impressed by her "extensive legal knowledge, excellent communication and negotiation skills," and say: "Her deep understanding of local specifics, coupled with her persistent application of best practices and international quality standards, is exceptional and rare in Bulgaria."

^ See whole ranking table

Band 1

Boyanov & Co.

From the Chambers Global guide

Yordan Naydenov receives praise for his experience across M&A and financing matters and his "excellent understanding of how transactions should work." He frequently advises clients in the banking and real estate sectors on local transactions and restructuring issues. He recently advised Plastchim-T on the structuring of a minority shareholder exit from the company and on the subsequent reorganisation of its equity.

^ See whole ranking table

Band 1

Vladimir Rangeloff

Kambourov & Partners

From the Chambers Global guide

Vladimir Rangeloff is a well-known name who represents a range of clients, particularly those active in the real estate sector. He recently led the team advising on the disposal of Piraeus Leasing Bulgaria by Piraeus Bank. Sources say: "He really knows his way around all the big players."

^ See whole ranking table

Band 1

Schoenherr (in cooperation with Stoyanov & Tsekova)

From the Chambers Global guide

Ilko Stoyanov has an excellent reputation for M&A and financing transactions and wins recognition for his experience acting on cross-border deals, leveraged buyouts and private equity transactions. He frequently advises financial institutions and recently acted for B2 Kapital on its NPL portfolio acquisition transaction.

^ See whole ranking table

Band 2

CMS

From the Chambers Global guide

Atanas Bangachev is highly appreciated by market sources, who say he is "a very good operator who works extremely well." He is well regarded for his involvement in local M&A transactions and regularly advises private equity funds and international companies on their investments in Bulgaria.

^ See whole ranking table

Band 2

Wolf Theiss

From the Chambers Global guide

Richard Clegg is a highly appreciated figure both in Bulgaria and throughout CEE. He advises on a wide range of transactions, often representing clients from regulated industries such as insurance, TMT and financial services. Interviewees are quick to note his long-standing experience: "He is a good operator and has been here forever; he really knows the market quite well and runs a good team." He also earns praise for his cross-border experience from clients, who suggest that "he is extremely well versed in the jurisdiction and region generally."

^ See whole ranking table

Band 2

Tsvetkova Bebov Komarevski, Attorneys-at-Law

From the Chambers Global guide

Venelin Dimitrov collects extensive praise from clients, who appreciate his "strong communication and negotiation skills, perfect understanding of specific business needs and timing of projects in the national and international environment." He has experience across transactions, regulatory issues and commercial advisory matters and acts for an extensive client list that includes technology companies, financial groups and media broadcasters. Sources say: "He is quick to respond to our queries and flexible to accommodate our schedules and business needs," and go on to highlight his "very good business acumen, very proactive manner and good suggestions."

^ See whole ranking table

Band 2

Spasov & Bratanov Lawyers' Partnership

From the Chambers Global guide

Vassil Hadjov is recognised for his expertise in corporate and financing transactions. He offers further experience in commercial and insolvency issues.

^ See whole ranking table

Band 2

HRISTOV & PARTNERS

From the Chambers Global guide

Pavel Hristov offers a broad scope of corporate expertise, regularly acting on M&A, restructuring and corporate governance mandates. He also combines experience in competition and employment matters to provide full-service advice. He recently advised Pappas Holding on its proposed entry to the Bulgarian market. Clients note him for his speed of service, valuing him for being "very responsive, quick and always available."

^ See whole ranking table

Band 2

Stephan Kyutchukov

Djingov, Gouginski, Kyutchukov & Velichkov

From the Chambers Global guide

Stephan Kyutchukov receives positive feedback from market sources for his expertise across the transactional spectrum, acting on M&A, privatisation and real estate deals.

^ See whole ranking table

Band 2

Penkov, Markov & Partners

From the Chambers Global guide

Ivan Markov offers notable experience in local and cross-border M&A transactions, as well as extensive knowledge of commercial and regulatory issues. His recent workload includes assisting Drujba Glassworks with the disposal of the majority stake of its shares to Portugal's BA Vidro. Clients value his dedication: "He is always very aware of time limits and even on evenings or weekends he is always able to take a call and turn his attention to the case."

^ See whole ranking table

Band 3

Bouzeva & Partners

From the Chambers Global guide

The experienced Tania Bouzeva of Bouzeva & Partners is well regarded for her corporate practice and is recognised for work on behalf of German-speaking clients. She regularly advises on matters including mergers, projects and procurement agreements.

^ See whole ranking table

Band 3

Alexander Chatalbashev

Boyanov & Co.

From the Chambers Global guide

Alexander Chatalbashev regularly advises on corporate transactions and projects in the Bulgarian market. He is noted by sources for his experience in the gaming and gambling sector.

^ See whole ranking table

Band 3

Kinstellar

From the Chambers Global guide

Diana Dimova earns praise for her commercial awareness: "She goes the extra mile and comes up with real-world business solutions." She regularly assists private equity funds and banking clients with their investments in the Bulgarian market. In work highlights, she advised Teva Pharmaceuticals on the local aspects of the USD40.5 billion acquisition of Actavis Generics from Allergan. Clients also praise her leadership skills: "She is responsive, a good communicator and on top of things, both in terms of content and organising a larger team to get the job done."

^ See whole ranking table

Band 3

Kinkin & Partners

From the Chambers Global guide

"Great strategist" Vladimir Kinkin is noted by clients for his "substantial experience in corporate law." He is especially experienced in restructuring matters and recently advised BNP Paribas Personal Finance on its corporate structure and commercial activity in Bulgaria. Clients regard him as a "driving force" within his team.

^ See whole ranking table

Band 3

Tsvetkova Bebov Komarevski, Attorneys-at-Law

From the Chambers Global guide

Ilya Komarevski provides transactional and day-to-day advisory services to clients involved in industries such as telecommunications, pharma and transportation. Interviewees believe his strength lies in his "great communication and client-facing skills, and very concise and to-the-point manner."

^ See whole ranking table

Band 3

Omourtag M Petkov

Djingov, Gouginski, Kyutchukov & Velichkov

From the Chambers Global guide

Omourtag Petkov offers wide experience encompassing M&A transactions, joint ventures and divestments. He advises clients from sectors such as energy, food and finance, as well as offering a notable practice emphasis on tech deals.

^ See whole ranking table

Band 3

Wolf Theiss

From the Chambers Global guide

Anna Rizova is a respected practitioner offering expertise in Bulgarian transactions and regularly advises clients from the insurance, finance and aviation industries. Clients value her assistance and depict her as "highly competent, trustworthy and good at explaining the cultural, civil and common law issues that arise."

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Band 4

Dinova, Rusev & Partners

From the Chambers Global guide

Anelia Dinova offers experience across a range of corporate and transactional matters, with a particular focus on foreign investment. She also has notable recent experience in restructuring mandates.

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Band 4

Gugushev & Partners

From the Chambers Global guide

Stefan Gugushev is well versed in transactional matters, advising clients active in telecommunications, technology and finance on their local investments and disposals, as well as real estate and corporate restructuring mandates.

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Band 4

Veronika Hadjieva

Kambourov & Partners

From the Chambers Global guide

Veronika Hadjieva is described by interviewees as "very dynamic, proactive and proficient." She is experienced across the full breadth of corporate transactions, restructuring and advisory work, and regularly represents commercial developers and real estate companies. She recently advised BM Leasing Inc on the sale of its stake in BM Leasing AD to Web Finance Holding. Clients say she "drives things forward and comes up with good strategies to best serve our interests."

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Band 4

Ilieva Voutcheva & Co Law Firm

From the Chambers Global guide

Diliana Ilieva represents clients in M&A, public procurement and corporate structuring matters across sectors such as energy, media and chemicals. Her recent experience includes advising Antenna Group on the registration of a new company, the launch of its Bulgarian website and drafting of its labour and civil agreements as part of the expansion of the Vice brand.

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Band 4

Wolf Theiss

From the Chambers Global guide

Katerina Kraeva combines corporate and financing experience to advise on M&A transactions and corporate restructuring. She regularly acts for banks and investment groups, among other clients. In highlights, she represented STS Medical Group in the restructuring of its Bulgarian subsidiaries, involving the share transfer and merger of Texsan Medical into Salvamed.

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Band 4

Zhulieta Mandazhieva

Tocheva & Mandazhieva

From the Chambers Global guide

Zhulieta Mandazhieva offers expertise across the full spectrum of commercial matters, including M&A, corporate restructuring and compliance issues. She recently acted for a software company on a corporate restructuring matter, including changing the shareholder structure and the spin-off of a new company.

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Band 4

Rossitsa Voutcheva

Ilieva Voutcheva & Co Law Firm

From the Chambers Global guide

Rossitsa Voutcheva offers full-service commercial assistance to clients active in industries such as media, tourism and waste. She recently assisted Ece Trading with the negotiation of terms for the sale of its product in a Bulgarian food chain.

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