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Global Guide
Firm Profile

Boyanov & Co.

Firm Profile


  • Profile
  • 82, Patriarch Evtimii Blvd
  • Sofia
  • Sofia City
  • Bulgaria
  • 1000

Firm profile submitted by Boyanov & Co.

Managing Partner: Borislav Boyanov
Number of partners: 11
Number of lawyers: 46
Languages: Bulgarian, English, French, German, Russian, Spanish

Boyanov & Co. is widely recognised as a top law firm for doing business in Bulgaria and in South East Europe. Since 1990 the firm has advised on numerous landmark transactions in the country. The clients serviced exceed 4,000 and include large international, local and foreign businesses and organisations, major IFIs and governments. The firm has consistently been ranked by all major legal directories as a market leader for the excellence of its services, drawing on years of experience in a wide variety of areas of law, and brilliance of its professionals. Boyanov & Co. is the initiator and co-founder of SEE Legal - a leading regional service provider in South East Europe (

Main Areas of Practice

Banking & Finance:
5 partners, 10 fee earners. Recently advised:
■ On a EUR 400 million refinancing of listed bonds of a major Bulgarian company
■ On the sale of a corporate non-performing bank loan portfolio
■ Lead Manager on a EUR 130 million corporate notes deal
■ EIF on the SME Initiative for Uncapped Guarantee Instrument (SIUGI)
■ The European Investment Bank on a loan for the construction of an oil processing plant
■ On a USD 300 million financing of IT companies by Credit Suisse
■ Československá obchodní banka a. s. on the financing of companies from the Walmark Group
■ On the refinancing of a loan to Sofia South Ring Mall (one of the largest shopping malls is Sofia)
Key Clients: EIB, EBRD, UBS, Eurobank, SGRF, JCB, Credit Suisse, Deutsche Bank AG, London, J.P. Morgan
Contact: Damian Simeonov
Email: [email protected]

2 partners, 3 fee earners. Successfully advised:
■ A local insurance provider in antitrust proceedings, brought by the Bulgarian competition authority in relation to alleged prohibited agreements
■ Dubai Aerospace Enterprise in relation to obtaining merger clearance to acquire the global aircraft financing firm AWAS
■ A global software solutions provider in a successful challenging of a sanctioning decision of the Bulgarian competition authority before the courts
■ The major European container glass manufacturer BA Glass in the acquisition of the largest South-East European container glass manufacturer Drujba Glassworks [BSE:4DR]
■ The major European artificial fertiliser conglomerate EuroChem Group in obtaining merger clearance for its proposed acquisition of the Bulgarian fertiliser distribution company Agricola
Key Clients: AbbVie, Agrion, Apple, Bulgaria Air, EVN, Fraport, Jacobs Douwe Egberts, Microsoft, Novartis, Procter & Gamble, Philip Morris, Samsung, Siemens
Contact: Peter Petrov
Email: [email protected]

Corporate & M&A:
5 partners, 13 fee earners. Most recently advised:
■ National Bank of Greece on the Sale of the United Bulgarian Bank financial group (including a bank, insurance companies, leasing companies, etc.) – the largest deal in the Bulgarian financial sector ever with value of circa EUR 650 million
■ Hystead Limited on the Euro 156 million acquisition The Mall shopping centre – a major shopping centre in Sofia and in Bulgaria
■ Dundee Precious Metals in connection with the financing by EBRD of the Krumovgrad gold-silver mine development project in south-eastern Bulgaria, including the granting to the bank of a minority stake in the Bulgarian project company
■ B.A. Vidro on the acquisition of the glass container business of the Greek Yioula Group in Bulgaria
■ Vayant Travel Technologies Inc., a software company in the global distribution systems sector in the air-travel industry on the sale of the company
■ Link Mobility Group ASA (Norway) on the acquisition of Voicecom, a Bulgarian market leader in the field of SMS and value added voice traffic aggregation
Key Clients: Microsoft, Samsung, Sony, CVCI, Philip Morris, Coca-Cola, AWAS, Mondelēz, Schreiber Foods, Molson Coors, UniCredit
Contact: Yordan Naydenov
Email: [email protected]

Energy & Natural Resources:
2 partners, 5 fee earners. Recently advised:
■ Private equity funds on transactions for acquisition of portfolios of local PV projects
■ EVN on a complex contentious matter involving regulatory and court/arbitration disputes with the National Electricity Company and the State Energy and Water Regulatory Commission
■ A Canadian company on the acquisition of a local company holding oil and gas exploration rights
■ A foreign company on the management and sale of local PV plants by enforcing security rights over the business as a going concern
Key Clients: EVN, Westinghouse, Sunowe Solar GmbH
Contact: Alexander Chatalbashev
Email: [email protected]

Intellectual Property:
2 partners, 4 fee earners. Representing:
■ GlaxoSmithKline on trademark prosecution matters
■ Amazon in trademark opposition proceedings
■ Philip Morris in customs seizures of counterfeit goods and enforcement proceedings
■ F. Hoffmann-La Roche on management of patent portfolio
■ Chanel on the protection against online sale of counterfeit goods bearing the client’s trademarks
Key Clients: Philip Morris, Novartis, GlaxoSmithKline, Alcon, Amazon, Cisco, Kaufland, Lycamobile Group, S.P.I. Spirits Intl., Procter & Gamble, bet365 Group Limited, Pepe Jeans Group
Contact: Stela Sabeva
Email: [email protected]

2 partners, 6 fee earners. Representing:
■ Eurobank Bulgaria on commercial and consumer protection cases related to credit contracts with changing interest rates
■ Power Machines - a world leading Russian power engineering company in a commercial dispute related to a public procurement contract
■ Sanofi in court proceedings with an ex-distributor in Bulgaria for a disputed enforcement of a foreign judgment and in a commercial dispute
■ International Investment Bank (IIB) in insolvency proceedings and several complex and substantial cases for invalidation of fraudulent transactions with real estates
■ HETA in large-scale arbitration proceedings related to a terminated financial lease agreement
■ GI Group on civil and criminal cases initiated by their ex-local partner
Key Clients: EVN, UBS, Ideal Standard Vidima, Sanofi, UniCredit Bank, IIB, Markan, Montupet, Bayer, BNP Paribas
Contact: Kina Chuturkova Email: [email protected]

Real Estate & Infrastructure:
2 partners, 4 fee earners. Advising:
■ The Embassy of People’s Republic of China on the purchase of a building for the needs of Chinese Cultural Office in Bulgaria
■ An investor on the purchase of a landmark office building in downtown Sofia
■ Kamenitza AD (a subsidiary of Molson Coors) on the setting up and putting into motion the legal structure for the development of a new mixed-purpose real estate project in the city of Plovdiv (the second largest Bulgarian city), including office sections, residential sections, restaurants, open arenas, luxury hotel, park, recreational facilities, etc. The expected total value of the investment is above EUR 80 million
■ The new general distributor of the Daimler AG brands with respect to the purchase of number of showrooms and services centers in Bulgaria
Key Clients: NBG Pangaea REIC, Hyprop Investments Limited, SGRF, Bulgaria Air Maintenance AD, Cleves EOOD, Markan Holding, Kamenitza AD, Behr-Hella Thermocontrol GmbH, Eurobank Bulgaria AD, Fraport AG, GEK Group
Contact: Nickolay Nickolov
Email: [email protected]

1 partner, 3 fee earners. Recently advised:
■ Business Park Sofia on various tax issues and intragroup financing restructuring
■ Trelleborg Bulgaria on tax issues in relation to intragroup financing restructuring
■ Ideal Standard -Vidima on large scale tax cases
■ A major player in luxury goods distribution on tax aspects of its activities in Bulgaria and the available possibilities and incentives
■ A leading IT company from Israel on the tax aspect of the acquisition of a Bulgarian company specialised in IT recruitment
■ Bancorp on all aspects, including tax, on the liquidation of its Bulgarian subsidiary
Key Clients: Business Park Sofia, Ideal Standard, Kamenitza, Service Source
Contact: Yordan Naydenov, Ivaylo Angelov
Email: [email protected], [email protected]

1 partner, 3 fee earners. Advised:
■ Link Mobility Group ASA (Norway) on the acquisition of Voicecom, a Bulgarian market leader in the field of SMS and value added voice traffic aggregation
■ The buyer on the acquisition of the largest Bulgarian telecom company (Bulgarian Telecommunications Company (BTC) aka Vivacom)
■ Inmarsat Ventures on regulatory matters related to its MSS (mobile satellite services) and CGC (complimentary ground components) authorisation
■ Lenovo on various regulatory, employment, corporate and commercial matters in Bulgaria
■ Microsoft on all matters related to its operation in the country
Key Clients: Apple/iTunes, Telefonica International, Cisco, Microsoft, Samsung, the European Commission, Comverse, Verizon Communications Inc.
Contact: Damian Simeonov, Ralitsa Nedkova
Email: [email protected], [email protected]