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DGKV has advised Bulgarian start-up Nasekomo on the investment into the company of EUR 4 million from VC funds Morningside Hill and New Vision 3 backed by the Fund of Funds in Bulgaria.

Kinstellar has advised Silversmith Capital Partners, a Boston-based growth equity firm, on Appfire’s acquisition of Botron Software, a Bulgaria-based provider of tools that enable enterprise-level change and configuration management within the Jira software platform.

The team of Georgiev, Todorov & Co. Law Offices is constantly monitoring the measures to deal with the economic consequences of the coronavirus pandemic in the country. Our legal adviser Vili Datsov prepared detailed information in connection with the latest amendments to the Value Added Tax Act.

It is with great pleasure that we announce the 2019 CEE Deal of the Year Award winners – the most important, complicated, significant, and valuable deals across Central and Eastern Europe.

Anton Petrov, who led the Competition & Regulatory and TMT practices at Djingov, Gouginski, Kyutchukov & Velichkov, has joined the Sofia office of Kinstellar as Of Counsel and Head of TMT.

With amendments to the Energy Act, the Bulgarian legislator established a mechanism for reducing the prices of natural gas already delivered for a period in the past for the regulated market for end household and business consumers. The reduction in prices for end consumers is due to an agreement reached between the state public supplier Bulgargaz and the Russian supplier Gazprom Export.

Kinstellar has advised regional property developer Globe Trade Center on negotiations with Germany’s Commerzbank to lease 3,500 square meters of space at Sofia' Advance Business Center II office building, which is expected to open its doors in the fourth quarter of 2020. Boyanov & Co advised Commerzbank on the deal.

Schoenherr, acting as leader of a consortium of European law firms, has conducted what it describes as "a comprehensive study on the regulatory and administrative requirements for entry and trade on the gas wholesale market in the EU for the European Commission, Directorate General Energy."

“This comes as no surprise, but the main focus of the government is still the COVID-19 crisis,“ says Stefan Tzakov, Managing Partner at Kambourov & Partners in Sofia. Although the situation in Bulgaria was not as bad as in some other countries, Tzakov says, it nonetheless “gave the politicians a good chance to show strength — and for the two months that we’ve had a state of emergency in place they have tried to do just that.“

In 2010, France’s Agence Nationale de Sécurité du Médicament published the results of tests of breast implants produced by the French company PIP and banned their use, due to an increasing number of reports of incidents related to impaired implant integrity and subsequent health-related complications.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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