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Europe Guide
Firm Profile

Djingov, Gouginski, Kyutchukov & Velichkov

Firm Profile


  • Profile
  • 10 Tsar Osvoboditel Boulevard
  • Sofia
  • Sofia City
  • Bulgaria
  • 1000

Firm profile submitted by Djingov, Gouginski, Kyutchukov & Velichkov

Managing Partner: Assen A Djingov
Senior partners: 15 Number of other lawyers worldwide: 48
Languages: Bulgarian, English, French, German, Russian

DGKV is one of the largest, oldest, most prominent independent business law firms in Bulgaria, known for its solid record of pioneer projects on the Bulgarian market. Its major asset is the unique combination of profound legal knowledge, experience in complex international transactions and ability to handle large-scale transactions. DGKV’s ever growing portfolio of over 3000 major multinational clients is a fair attestation of its legal services’ high quality. It maintains excellent working relationships with all leading international law firms.

Corporate / M&A:

The team has reputation for advising on the largest M&As in Bulgaria and significant global transactions in relation to their Bulgarian law aspects. The firm advises global corporations, strategic investors, private equity funds, venture capital funds and financial institutions. Recently DGKV advised:
■ One of the bidders in the structured sale of Blizoo, the largest Bulgarian cable operator
■ Progress Software on the $263.5m acquisition of Telerik AD, considered to be one of the largest deals on the Bulgarian IT market
■ Cineworld on the Bulgarian legal aspects of the £503m acquisition by way of a merger of CinemaCity
■ Acibadem on the acquisition of Tokuda Hospital and the major stake of City Hospitals and Clinics Group
DGKV also advises Bunge, Contour Global, Call Point New Europe, Dell, Marie Brizard Wine and Spirits, Abbott Laboratories, etc.

Banking & Finance:
DGKV focuses on secured transactions, corporate finance, public finance and regulation of financial and investment services. DGKV consulted IFC, AIG, CAIB, MKB and State General Reserve Fund of Oman for the acquisition of shares in major Bulgarian banks; OTP and DSK Bank, the World Bank, EBRD, JBIC, BSTDB, Merill Lynch, Deutsche Bank, EIB, Procredit Bank, GTC Group on financing of various infrastructure, construction and financial projects in Bulgaria, etc.

Energy & Utilities:
DGKV provides full-scope legal assistance to clients interested in investing or otherwise engaged in the energy sector in Bulgaria. The firm has advised ABB, AES, the Bulgarian Government, Citibank and US Exim Bank, ContourGlobal, EBRD, GE Power & Water, Marubeni, RWE Power; ČEZ, Chevron and Lukoil regularly on local operations; Gazprom Marketing & Trading, J.P. Morgan Energy Europe, Merrill Lynch, OMV Trading and Vitol on energy trading matters; China Development Bank, SINOSURE, Credit Suisse, Gamesa, Mitsui&Co, Raiffeisen, Statkraft, Toshiba, Verbund in numerous renewable energy projects; and Gazprom and MOL on gas pipeline projects.

With a strong competition practice, DGKV has made a significant contribution to the Bulgarian Commission for Protection of Competition. DGKV has advised Cisco Systems, HP, Bunge, MasterCard Europe on competition regulatory issues; Aurubis, Metro Cash and Carry Bulgaria, Nokia, KBC, Devnya Cement, Visa Europe, Coca Cola Bulgaria, in relation to antitrust investigations by the Regulator and other antitrust matters.

Real Estate & Construction:
DGKV has a strong reputation on the real estate market advising the acquisitions of Sofia’s TZUM and Radisson Blu; NIS Petrol and OMV; numerous operating mall acquisitions; land acquisition and construction and/or acquisition of residential, office, retail and mixed-use developments; large-scale commercial real estate financings for OTP Bank, IFC, Bank Hapoalim and Piraeus Bank, among others.

DGKV offers ‘one-stop shop’ for technology companies with operations in Bulgaria regarding all legal issues. DGKV represented Google and two of its subsidiaries in investigation of alleged unfair competition practices; Progress Software on the acquisition of Telerik, Deutsche Telekom, a leading European automotive producer, leading global mapping services provider; Telecom Italia, Swisscom, PCCW Global, VOXBONE, Sanoma, etc.

Litigation & Arbitration:
With an outstanding dispute resolution track record DGKV’s litigation team is one of the best in Bulgaria. DGKV represents clients in the commercial, construction, financial or administrative fields. Currently it represents Bulgarian Acquisition Company II, CEZ Electro Bulgaria, Inekon Group, Ciments Francais, PUNTO FA SL, SE Bordnetze, Daikin, Carlsberg Bulgaria, etc.

Intellectual Property:
Major clients are Carlsberg Bulgaria, Deutsche Telekom, Facebook, TEVA, Bunge, Instagram, Warner Bros., Pierre Fabre, OTTO, Global Spirits & Wine, Oracle, Red Bull, Tchibo, etc.

Labour & Social Security:
Major clients are Sanbolic, Abbott, AES, Actavis, Accor, Merck, BNP Paribas, CEZ, Carlsberg, Dell Europe, General Electric, Marks & Spencer Group, SITEL, etc.

DGKV advises on a variety of tax issues Abbott Laboratories, Siemens, Merck, AES, Barclays Bank PLC, CEZ, Petro Singapore Trading, Bloomberg, Cineworld, Dow, Jones Newswires, J.P. Morgan Europe, Lukoil, Michelin, MoneyGram Payment Systems, etc


  • 10 Tsar Osvoboditel Boulevard,
  • Sofia,
  • Sofia City
  • Bulgaria
  • 1000
  • Tel +359 2 932 1100
  • Fax +359 2 980 3586
  • Email : [email protected]
  • Website :
  • Schlegelstrasse 29,
  • Berlin,
  • Germany
  • 10115
  • Tel +49 (30) 2758 1561
  • Fax +49 (30) 2758 1562
  • Email : [email protected]