Implementation of NIS 2 in Bulgaria: Key Changes to the Cybersecurity Act
February 2026
Deyan Terziev, Senior Associate
BOYANOV & Co.
On 17 February, the amendments to the Cybersecurity Act transposing Directive (EU) 2022/2555 (NIS 2) into Bulgarian law enter into force.
The reform significantly restructures the existing framework under the previous NIS 1 regime, broadening the scope of obliged entities, strengthening cybersecurity risk management requirements and introducing explicit governance and management accountability mechanisms.
From NIS 1 to NIS 2: Structural Reform of the Scope
Under the previous NIS 1 framework, the focus was primarily on “operators…
Selih & Partnerji Advised Westcon-Comstor on the Acquisition of REAL Security
February 2026
Our member firm Selih & partnerji has advised Westcon-Comstor, part of the Datatec Limited (JSE: DTC) (OTCQX: DTTLF), on the acquisition of the Slovenian company REAL security.
The acquisition represents a strategic step in expanding Westcon-Comstor’s and the Datatec Group’s footprint in the cybersecurity sector, while strengthening REAL Security’s position as a specialised distributor in the Slovenian market.
Selih's team was led by Lenart Kmetic, Senior Associate (M&A) and Jera Majzelj, Partner, with invaluable support by Senior Associates Sara Ermenc Lapajne and…
Bulgaria Launches a Digital Nomad Residence Permit
January 2026
Ilina Maltzeva, Associate
BOYANOV & Co.
Introduction: A “digital nomad” is a person who works remotely using technology and combines this with travel and living in different parts of the world. Despite the decline in the remote work trend, digital nomads remain an increasing group of highly mobile experts. Up until now, digital nomads could reside in Bulgaria only on short-term basis (90 days every 180 days) which is no longer the case.
Legislative changes: Long-term residence in Bulgaria is granted normally for one year (with prolongation options) under specific circumstances…
DTB Supported Spotler Group in Its Acquisition of Webpower Adria
December 2025
Our member firm Divjak Topic Bahtijarevic & Krka supported Spotler Group in its acquisition of Webpower Adria, a leading regional email marketing and marketing automation provider supporting more than 250 clients across the region.
By acquiring its long-term regional partner, Spotler Group, a leading European marketing technology provider based in the Netherlands, will further strengthen its presence in Southeast Europe.
Led by Partners Damir Topic and Dina Salapic, DTB's team included Dominik Glavina, Senior Attorney, Attorneys Marijana Soldo Kubat, Barbara Simic Rod, Anella…
Greece Transposes EU Directive 2022/2557 (Critical Entities Resilience Directive)
October 2025
Irene Kyriakides, Partner, Natalia Soulia, Counsel, and Terpsithea Papanikolau, Junior Associate
Kyriakides Georgopoulos Law Firm
Introduction
Greece has recently enacted Law 5236/2025, transposing the Critical Entities Resilience Directive (Directive (EU) 2022/2557, “CERD”) into national law. The new regime introduces a comprehensive framework to identify and regulate “critical entities”, namely operators which belong to certain key sectors, such as energy, transport, finance, health, water, waste management, digital infrastructure, space, public administration and food…
The EU Data Act: What Businesses in Bulgaria Need to Know
October 2025
Nikolay Zisov, Partner, and Deyan Terziev, Senior Associate
BOYANOV & Co.
The EU Data Act (Regulation (EU) 2023/2854 on fair access to and use of data) became fully applicable on 12 September 2025.
For many companies in the EU, including in Bulgaria, this regulation brings new obligations and opportunities. The Data Act’s scope reaches far beyond traditional tech companies, potentially affecting any organisation that handles, generates or benefits from data. Affected organisations must act promptly to map their data flows (focused data audit), review related processes, assess…
Bloomberg TV Bulgaria’s Show "In Development" Spotlights the Second International Conference on the Evolution of Innovations
September 2025
The acclaimed Bloomberg TV Bulgaria show “In Development” featured a special segment dedicated to the upcoming INNOVATE. INVEST. INSPIRE. Second International Conference on the Evolution of Innovation, set to take place on October 16, 2025, at Hilton Hotel in Sofia. The conference, organized in partnership between BOYANOV & Co. and the American Chamber of Commerce in Bulgaria, is aimed at positioning Bulgaria as an innovative hub of Southeastern Europe.
The show welcomed Petar Andonov, Business Development Director, BOYANOV & Co. and Ivan Mihaylov, CEO of American Chamber…
BOYANOV & Co. is Organising Second International Conference on the Evolution of Innovations INNOVATE.INVEST.INSPIRE
August 2025
Following the success of the First International Conference “Life-Cycle of Startups” held in November 2024, BOYANOV & Co. is organising, together with American Chamber of Commerce in Bulgaria, a next-level Second International Conference on the Evolution of Innovations under the title INNOVATE.INVEST.INSPIRE. The prestigious event will be held on 16 October 16 2025, from 09:00-14:30 hrs. at Hilton Hotel, Sofia, with the support of European Investment Bank Group Office Bulgaria, Innovation Norway, British-Bulgaria Chamber of Commerce and GATE Institute.
Speakers will share…
EU AI Rules Now Apply to General-Purpose AI Models
August 2025
Anastasia Dritsa, Partner, and Io Ligeraki, Junior Associate
Kyriakides Georgopoulos Law Firm
As of 2 August 2025, the European Union’s landmark AI Act has officially entered into application for general-purpose AI (GPAI) models, setting a new global benchmark for transparency, safety and accountability in artificial intelligence.
A GPAI model is defined as one trained using more than 10²³ floating point operations (FLOPs) and capable of generating language (text or audio), text-to-image, or text-to-video outputs. Providers of high-impact GPAI models — those trained with more…
BOYANOV & Co. Advises on RealPage, Inc.'s Acquisition of Rexera
August 2025
Our member firm BOYANOV & Co. has advised on the Bulgarian legal aspects of the strategic acquisition of Rexera by RealPage, Inc., a global leader in AI-enabled software platforms for the real estate industry. The acquisition brings together Rexera’s intelligent AI workforce with HomeWiseDocs, a RealPage company, to create a nationwide platform in the United States that enhances real estate transactions and operational services.
The deal strengthens RealPage’s AI capabilities by automating key real estate processes such as HOA document retrieval, lien searches, mortgage payoffs…
DTB Advises on Landmark USD 520 Million Financing for Infobip
July 2025
Our member firm, Divjak Topic Bahtijarevic & Krka, has acted as the advisor to funds and accounts managed by BlackRock and Blue Owl, in connection with a USD 520 million senior secured direct lending facility for Infobip, a leading global cloud communications platform.
DTB's team on this transaction consisted of Damir Topic, Senior Partner, Barbara Simic, Attorney, and Josipa Banozic, Associate.
KG Law Firm Acted as Greek Legal Advisor to Sitecore
June 2025
Our member firm Kyriakides Georgopoulos Law Firm acted as Greek legal advisor to Sitecore, an industry-leading digital experience platform, in connection with the sale of its Moosend business consisting of Moosend related assets and company shares, to Constant Contact.
The KG Law Firm team was led by Apostolos Georgantas, M&A Partner, assisted by Marianna Katsifi, Senior Associate, and Katerina Vogka, Associate. Panagiotis Pothos, Tax Partner, and Evangelos Gesios, Senior Associate, advised on Greek tax law matters. Ioanna Kyriazi, Employment Law Partner, and Ioanna Chanoumi,…
