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Tokushev & Partners has advised RTP Global on leading a EUR 2.3 million Plan Delta investment round that also included Eleven and 17 angel investors from Bulgaria, the UK, Germany, and the US. Dimitrova Staykova & Partners reportedly advised Plan Delta.

The growth of e-commerce and online advertising in Bulgaria in the last two decades has been impressive. The COVID-19 pandemic gave an additional boost to the digital economy. Amid such rapid development and almost 16 years after its entry into force, the Bulgarian Electronic Commerce Act (the ECA) feels quite outdated.

 

On July 4, 2022, CEE Legal Matters reported that Djingov Gouginski Kyutchukov & Velichkov had advised Maple Bear on its EUR 100 million investment program for the CEE region through a partnership with Vantage Capital. CEE In-House Matters spoke with Yann Bidan, General Manager at Maple Bear, to learn more about the matter.

On November 4, CEE Legal Matters reported that Gugushev & Partners had advised Blackpeak Capital on its acquisition of a stake in Telelink Bulgaria. CEE In-House Matters spoke with Kiril Ivanov, Investment Director at Blackpeak Capital, to learn more about the acquisition.

Stoeva Tchompalov & Znepolski, working with Morrison & Foerster, has advised Eurohold Bulgaria on accessing a EUR 40 million loan facility. Boyanov & Co, working with Linklaters, has advised arranger, agent, and original lender JP Morgan. Loyens & Loeff reportedly advised Eurohold on Dutch law-related matters.

On November 4, 2022, CEE Legal Matters reported that Gugushev & Partners had advised BlackPeak Capital on its acquisition of a stake in Telelink Bulgaria. CEELM reached out to Gugushev & Partners Senior Partner Victor Gugushev to learn more about the acquisition.

Bulgaria Knowledge Partner

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