Chambers & Partners has detected the use of an ad blocker.
We make use of tailor-made ads to enhance your experience of our website.
Please 'whitelist'
Europe Guide
Firm Profile

Velchev & Co Law Office

Firm Profile


  • Profile
  • 3 Vitosha Blvd., Floor 6
  • Sofia
  • Sofia City
  • Bulgaria
  • 1000

Firm profile submitted by Velchev & Co Law Office

Managing Partner: Mr Pavel Velchev
Number of partners: 2 Number of lawyers: 12
Languages: Bulgarian, English, French, German, Greek, Russian

Firm Overview:
Velchev & Co. Law Office provides practical solutions and straightforward legal advice by offering a wide range of legal services across various industry sectors, with particular emphasis on ICT and media law; gaming law and intellectual property rights protection; corporate and commercial law; mergers and acquisitions. The commercial awareness and sector-specific expertise allows offering personalised and high-level legal services. By integrating international standards with local experience and knowledge, Velchev & Co focuses on helping clients in various regulatory and business challenges that the market creates. Over the years Velchev & Co strived to enhance its reputation for professionalism and commitment to excellence.

Main Areas of Practice


3 partners, 2 associates
Given the rapid technology progress, the legislative framework that regulates the information and communications sector (which also includes the postal service activities), is the one that most frequently undergoes amendments, both at EU and local level. The firm offers competent legal services, aimed to provide the best solutions for your business development. It can fully assist you in:
■ Full-scope Regulatory and Competition representation including regulatory management
■ Regulatory and Competition compliance management
■ Representation in front of the NRA
■ Conducting comprehensive due diligence analyses (legal, economic, and technical) of IT and communication companies
■ Interacting with all governmental institutions
■ Obtaining authorisations for operation in the area of electronic communications
■ Preparing and optimising cost methodologies for wholesale and retail services
■ Drafting general terms and conditions, telecommunications contracts and agreements
■ Representation in dispute proceedings before the Communications Regulation Commission, the Commission on Protection of Competition, the Consumers Protection Commission and the Personal Data Protection Commission.
Key Clients: Mobiltel EAD (the largest mobile operator in Bulgaria, owned by Telekom Austria Group), Blizoo Media and Broadband EAD
Pavel Velchev, Email: [email protected]

2 partners, 3 associates
■ Full-scope representation on Regulatory and Taxation issues
■ Five new gaming licenses for land based and online gaming with the turn-key service support, rendered by Velchev and Co., including testing and certification of the gaming equipment and reporting server connection, and information exchange
■ Regulatory and Competition compliance management
■ More than 1000 bookmaker offices were successfully contracted and registered with the Regulator
■ Full regulatory and legal support regarding the design approval, printing and market release of the over 40 scratch lottery products
■ Full business networking support in establishing client’s stable market position by integrating international standards with local experience and knowledge
■ Individual and pro-active consulting approach based on a deep understanding of the local market and its potentials
Key Clients INTL: Internationally recognised gambling operators, manufacturers and software providers, testing labs
Contact: Nadya Hambach, Email: [email protected]
Key Clients BG: New Games, National Lottery
Contact: Parvan Rusinov, Email: [email protected]

Intellectual Property:
2 partners, 2 associates
■ Representation of Guccio Gucci S.p.A. and Gant A.B. before Police and Customs authorities in order to prevent the import and export of counterfeit goods
■ Representation of Novartis A.G. before the Bulgarian Patent Office with respect to oppositions, cancellations and revocations, trademark searches and trademark applications
■ Advising Ferrero S.p.A and Soremartec S.A. regarding the registrability of trademarks, preparing and filing trademarks searches, registrations and oppositions
Key Clients: Guccio Gucci S.p.A, Gant A.B., Novartis A.G., Ferrero S.p.A
Contact: Velislav Dramov, Email: [email protected]

Corporate & Commercial:
2 partners, 3 associates
■ Recently the corporate practice group has been involved in a number of major mergers and acquisitions, group reorganisations and transformations, loan and equity financings and re-financings
■ The corporate lawyers have been praised for their strong transactional and regulatory experience and their ability to offer relevant and practical advice
■ Each client benefits from the firms’ sector-specific expertise and commitment to attain maximum results across various corporate disciplines, such as:
■ Conducting legal due diligence analyses
■ Public and private mergers and acquisitions;
■ Capital markets
■ Corporate governance and corporate restructurings
■ Winding up and liquidation of companies
■ Regulatory compliance, etc.
Key Clients: LS Travel Retail Bulgaria EOOD, VM Finance Group, Balkan Expert Holding, Port Bulgaria West EAD, Mebel Group AD
Contact: Pavel Velchev, Email: [email protected]

2 partners, 1 associates
■ Legal consultancy on ongoing amendments in the national and EU legislation
■ Regulatory and competition compliance management
■ Regulatory consultancy and representation in regulatory and administrative procedures
Key Clients: M&BM Express OOD – Austrian Posts
Contact: Pavel Velchev, Email: [email protected]

Power Supply:
2 partners, 2 associates
■ Advice on corporate, legislative, regulatory, commercial, public procurement and competition issues
Key Clients: CEZ Bulgaria EAD
Contact: Pavel Velchev, Email: [email protected]


2 partners, 3 associates
■ Drafting employment contracts, collective bargaining agreements and other internal documents
■ Due diligence projects containing comprehensive investigation of employment contracts and all related issues
■ Resolving cases concerning legal disputes between employers and employees
Key Clients: LS Travel Retail Bulgaria, Bulgarian American Credit Bank AD
Contact: Maria Peychevska, Email: [email protected]

4 partners 6 associates
Clients benefit from the firm’s knowledge of local regulations and many years’ experience of advising on M&A transactions. Because of the interdisciplinary knowledge of the team members the firm helps clients to structure the deal in the best possible way and to achieve their goals.
Key Clients: during the last 12 months we advised the following clients for M&A – M&BM Express OOD, Österreichische Post AG, Mobiltel EAD, Bulgarian American Credit Bank AD, LS Travel Retail Bulgaria EOOD, Management Business Mashines OOD, CSIF Holding etc.
Contact: Pavel Velchev, Alina Ilieva, Velislav Dramov, Parvan Rusinov, Email: [email protected]

Dispute Resolution:
2 partners, 3 associates
■ Representation of Mobiltel in couple of multimillion interest cases in front of the Supreme Administrative Court
■ Representation of Bulgarian American Credit Bank in numerous court cases
■ Representation of LS Travel Retail Bulgaria in numerous court cases
Key Clients: Mobiltel EAD, Bulgarian American Credit Bank AD, LS Travel Retail Bulgaria EOOD
Contact: Velislav Dramov Email: [email protected]



Intellectual Property

Corporate & Commercial


Power Supply



Dispute Resolution


  • 3 Vitosha Blvd., Floor 6,
  • Sofia,
  • Sofia City
  • Bulgaria
  • 1000
  • Tel +359 2 954 5548
  • Fax +359 2 954 5549
  • Website :