Boyanov & Co. has advised Eurobank Bulgaria AD on the merger and absorption of Piraeus Bank Bulgaria AD.

DGKV has advised a consortium of lenders including the London-based investment firm Blantyre Capital Limited, the EBRD, and the Bulgarian Development Bank on the financial restructuring of Bulsatcom EAD – the largest Bulgarian TV and satellite operator. Kirkland & Ellis advised Blantyre Capital and Bulgarian Development Bank on matters of English law and Pillsbury Winthrop Shaw Pittman advised the EBRD. Bulsatcom was advised by Bulgarian solo practitioners Gergina Kyoseva and Liliya Tsoncheva.

On 7 October 2019, the European Union adopted a Directive on the protection of persons reporting on breaches of Union law (the “Whistleblowing Directive” or the “Directive”).

Former Wolf Theiss Poland Co-Managing Partner Ron Given has joined Deloitte Legal as its CE Senior Legal Counsel, responsible for all of the firm’s offices in 19 Central and Eastern European countries.

There were more than 2.7 million vehicles in Bulgaria in 2018, 319,639 of which were newly registered. Yet it appears that such figures, even in a country with a population of less than seven million, don’t necessarily create an opportunity for the development of connected car services. Why aren’t connected cars more significant and widely-used in Bulgaria?

In “The Corner Office” we ask Managing Partners across Central and Eastern Europe about their unique roles and responsibilities. The question this time around: What was the most difficult or unpleasant experience you had terminating someone’s employment?”

White & Case has advised the PPF Group on its USD 2.1 billion acquisition of Central European Media Enterprises. Bondoc Si Asociatii advised PPF on Romanian law matters. CME was advised by Covington & Burling and Sullivan & Cromwell.

Georgiev, Todorov & Co. has successfully represented BMF Port Burgas EAD, the concessionaire of Bulgaria's Bourgas East 2 and Burgas West port terminals, before the European Court of Justice in a matter initiated by the Administrative Court of Sofia regarding the interpretation of Directive 2009/72/EC regarding the common rules for the internal market in electricity.

Georgiev, Todorov & Co has successfully represented BMF Port Burgas before the Court of Justice of the European Union in a Preliminary Reference Procedure initiated by the Administrative Court of Sofia regarding an administrative act by Bulgaria's Energy and Water Regulatory Commission relating to an electrical network connection dispute.

Velchev & Co has helped adp Gauselmann GmbH obtain а license to produce, distribute, and service gaming equipment from the State Commission on Gambling of Bulgaria.

CMS Sofia has advised Solar World Aquiris S.a.r.l. on a EUR 10.5 million financing of its 10MW photovoltaic plants in Bulgaria from the United Bulgarian Bank.

Velchev & Co has helped Iris Solutions OOD obtain a payment institution license from the Bulgarian National Bank.

“What we are seeing lately is a fragmentation of the legal market, as well as intensifying competition,” says Peter Petrov, Partner at Boyanov & Co. in Bulgaria. “While no major players have entered or exited the market, there have been moves between legal teams, as well as existing teams developing new expertise.”

Dimitrov Petrov & Co has helped NEVEQ set up a new alternative investment fund valued at EUR 23.2 million for collective investment.

CMS has assisted Corinth Pipeworks S.A., a Greek producer of gas pipeline equipment, on its successful preparation, bid, and signing of a multi-million pipe delivery agreement with ICGB - the project company developing the Natural Gas Interconnector Greece-Bulgaria.

Tsvetkova Bebov Komarevski has advised Bombardier Transportation Italy, part of the Plobur Consortium, on its entrance into a public procurement contract with Bulgaria's state-owned National Railway Infrastructure Company worth EUR 94.6 million.

Hristov Partners has advised Elit Car and its founders on the parallel acquisition of Auto Kelly Bulgaria Ltd. and the sale of 20% of Elit Car's share capital to Auto Kelly a.s., an affiliate of LKQ Corporation. Djingov, Gouginski, Kyutchukov & Velichkov advised Auto Kelly.

Dimitrov, Petrov & Co. has advised Bulgarian entrepreneur Dilyan Pavlov on the acquisition of an unspecified stake in Sofia's Park Lane Office Center from founding shareholders Park Lane Invest and SofCapital, a part of the AG Capital group.