Schoenherr, working with Mannheimer Swartling, has advised Alfa Laval Corporate on its acquisition of Scanjet Systems.
PPG Lawyers Successful for Copa in Unfair Competition Dispute in Bulgaria
PPG Lawyers has successfully represented Copa Isi Sistemleri San. ve Tic. in unfair competition proceedings before the Bulgarian Competition Protection Commission and the Supreme Administrative Court of Bulgaria.
Gugushev & Partners, DGKV, and Spasov & Bratanov Advise on Helios Energy Invest’s Acquisition of Helios Projects
Gugushev & Partners has advised Helios Energy Invest on its EUR 65 million acquisition of Helios Projects from H1 Venture Swiss Holding. Djingov Gouginski Kyutchukov & Velichkov advised the seller. Spasov & Bratanov advised China Development Bank as the project finance lender.
Closing: Mondelez International's Acquisition of Chipita Now Closed
On August 25, 2022, Boyanov & Co announced that Mondelez International's acquisition of Chipita S.A. (reported by CEE Legal Matters on June 1, 2021) had closed.
Schoenherr Advises KKCG and Aricoma Group International on Acquisition of Musala Soft
Schoenherr has advised the KKCG Group and its portfolio company Aricoma Group International on the acquisition of Bulgarian software company Musala Soft and its subsidiaries. CMS reportedly advised the sellers.
Tokushev & Partners Advises Sofia Commerce Pawn Shops on Capital Increase
Tokushev & Partners has advised public listed company Sofia Commerce Pawn Shops on increasing its capital with own funds in the amount of BGN 7.12 million.
CMS Successful for Shell Energy Europe in Obtaining Gas Trader License for Bulgaria
CMS has successfully advised Shell Energy Europe on obtaining a license for trading natural gas in Bulgaria.
DGKV Advises Bulgarian Bank Syndicate on Financing for Maxcom, Chipolino, and Maxbike
Djingov Gouginski Kyutchukov & Velichkov has advised Unicredit Bulbank, DSK Bank, and United Bulgarian Bank on their approximately EUR 160 million financing for Maxcom, Chipolino, and Maxbike.
Bulgaria: ESG? What Is That?
This seems like a relevant question in Bulgaria in the summer of 2022. While the chatter has been intensifying lately, it has been mostly taking place in specialized business-oriented media and, by far, not as much in any mainstream source of information for the general public.
Bulgarian Lawyers Catch A Break: A Buzz Interview with Dafinka Stoycheva of Gugushev & Partners
Several legislative updates will support the legal profession in Bulgaria, according to Gugushev & Partners Partner Dafinka Stoycheva, with the push toward green energy, (another) pending government change, and a landmark CJEU decision also at the top of the agenda for lawyers in the country.
Tokushev and Partners Advises on Bee Smart Technologies’ IPO
Tokushev and Partners has advised on Bee Smart Technologies' initial public offering of shares on the Beam growth market of the Bulgarian Stock Exchange. The First Financial Brokerage House acted as lead broker on the deal.
Closing: KBC Bank’s Acquisition of Raiffeisenbank in Bulgaria Now Closed
On July 11, 2022, Kinstellar announced that KBC Bank’s acquisition of Raiffeisenbank in Bulgaria (reported by CEE Legal Matters on November 25, 2021) had closed.
Komarevski Dimitrov & Partners Advises Kone on Acquisition of Liftkom
Komarevski Dimitrov & Partners has advised the Bulgarian subsidiary of the Kone Corporation on its acquisition of Liftkom Service.
DGKV Advises Maple Bear on EUR 100 Million Partnership with Vantage Capital
Djingov Gouginski Kyutchukov & Velichkov has advised Maple Bear on its EUR 100 million investment program for the CEE region through a partnership with Vantage Capital. MFW Fialek advised Vantage Capital on the partnership. Boyanov & Co reportedly advised Vantage as well.
Bulgaria: More Clarity in the Field of In-House Public Procurement Contracts
As a result of standard monitoring of public procurement procedures contracts, in July 2021, the Bulgarian government announced that in the past two-and-a-half years, roughly BGN 8.6 billion (EUR 4.4 billion) were spent on in-house awards of public procurement contracts in Bulgaria.
Recovery and Resilience Plans in CEE: Overview and Implementation
Entering into force on February 19, 2021, the EU Recovery and Resilience Facility aimed, according to the European Commission, “to mitigate the economic and social impact of the coronavirus pandemic and make European economies and societies more sustainable, resilient, and better prepared for the challenges and opportunities of the green and digital transitions.” CEE Legal Matters spoke with lawyers from Bulgaria, Greece, Hungary, Latvia, Poland, and Romania to learn what each country focused on, with its Recovery and Resilience Plan (RRP), and what difficulties lie ahead, now that these plans have been submitted to the EC.
The Buzz in Bulgaria: Interview with Vladimir Penkov of Penkov, Markov & Partners
Amid political turmoil, Bulgaria is trying to catch up with a backlog of parliamentary work, according to Penkov, Markov & Partners Chairman and Senior Partner Vladimir Penkov.
Digitalization of the Employer-Employee Relationships in Bulgaria
As the usage of remote work tools increases, so does the demand for distance communication between employer and employee. Many would say that this is already a fact and on-going employee issues are easily addressed by sending an e-mail or making an entry in the company’s human resources management system. Yet the question remains if this is permissible under Bulgarian labor law and if it would be accepted by the Bulgarian state authorities in case of a dispute.