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https://seelegal.org/wp-content/uploads/2021/10/ccimage-g7921968bf8da7a4234f415fa50ece2175ffc4d30b9931430999834832f0afefc35dd4af884bdab454320671160059eda.jpg 3064 5456 Elitsa Maneva https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png Elitsa Maneva2021-09-18 10:32:122021-10-11 11:43:24E-bike Plant In Plovdiv
September 2021 It was announced by the Bulgarian Ministry of Economy, that Austrian motorcycle producer Pierer Group and Bulgarian bicycle manufacturer Maxcom have signed an agreement to jointly invest over BGN 60 million (approximately EUR 30 million) in the construction of an e-bike plant in Bulgaria. The new plant for electric bicycles and other two-wheeled electric vehicles will be located on 131 decares in Trakia Economic Zone, Plovdiv and will provide 1000 new jobs for Plovdiv and the region.
https://seelegal.org/wp-content/uploads/2021/09/60.jpg 543 386 Elitsa Maneva https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png Elitsa Maneva2021-09-03 16:25:462021-10-11 11:52:44Peter Petrov Authors Bulgaria’s Chapter Of Lexology Getting The Deal Through: Merger Control
September 2021 Partner Peter Petrov has authored the Bulgaria chapter in the 2022 edition of Lexology Getting The Deal Through on Merger Control. Lexology Getting The Deal Through provides international expert analysis in key areas of law, practice, and regulation for corporate counsel, cross-border legal practitioners, and company directors and officers. In its sixteenth edition, the Merger Controls guide addresses key questions on all matters of concern regarding labour law in multiple countries worldwide. In the chapter, Peter provides his expert insight on a wide range of topics including…
https://seelegal.org/wp-content/uploads/2021/08/40.jpg 328 200 Elitsa Maneva https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png Elitsa Maneva2021-08-26 15:54:152021-10-11 12:40:01BOYANOV & Co. Top Ranked on IFLR1000’s 31st Edition
August 2021 BOYANOV & Co. has once again been recognised by the international legal ranking IFLR1000 and received the highest Tier 1 ranking for all 3 practice areas – Banking & Finance, M&A, and Project Development. Our Banking and Finance practice has been praised by clients who describe the team’s “Professionalism, excellent knowledge of the matters of law, high responsibility, and client-orienting approach”. Clients of the firm’s M&A practice outline that the team is ‘well organised and knowledgeable. The advises given are always high-quality and give the client…
https://seelegal.org/wp-content/uploads/2021/08/scott-graham-5fNmWej4tAA-unsplash.jpg 4912 7360 Elitsa Maneva https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png Elitsa Maneva2021-08-24 13:14:332021-08-26 13:50:55BOYANOV & Co. advised J.P. Morgan and Wilmington Trust on the accession of a Bulgarian subsidiary of Alvogen in two facility agreements
BOYANOV & Co. advised J.P. Morgan and Wilmington Trust in their capacity as Agent and Security Agent in relation to the accession of the Bulgarian entity Alvogen Pharma Trading Europe EOOD as additional guarantor to loan agreements of a total amount of more than EUR 2 bln. The company is part of the Alvogen group – a global privately owned pharmaceutical company focused on developing, manufacturing, and selling generic, brand, over-the-counter (OTC), and biosimilar products for patients around the world, whose CEE business was acquired in 2019 by Zentiva. BOYANOV & Co. advised the Agent…
https://seelegal.org/wp-content/uploads/2021/10/michael-marais-HjV_hEECgcM-unsplash-1.jpg 2863 5255 Elitsa Maneva https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png Elitsa Maneva2021-08-20 10:16:562021-10-11 11:37:58Next E.Go Mobile Investment
August 2021 In July 2021, Memorandum of Intent for building an Electric Vehicle Plant was signed by and between the Bulgarian Government and German electrical vehicles manufacturer Next.e.GO Mobile. It was announced that the new investment will amount to EUR 140 million. Next.e.GO Mobile plans to start producing electric cars in the city of Lovech in 2023 and to employ approximately 1,000 people. The company plans to produce its E.Go Life and E.Go Life Cross models in Bulgaria.
https://seelegal.org/wp-content/uploads/2021/08/2675404.jpg 850 1332 Elitsa Maneva https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png Elitsa Maneva2021-07-30 09:28:322021-08-02 09:31:36BOYANOV & Co. Law Firm Advised NN Group on the Sale of its Bulgarian Pension and Life Insurance Businesses
30 July 2021 BOYANOV & Co. acted as local counsel for NN Group on the sale of its Bulgarian pension and life insurance businesses to DZI – Life Insurance, part of KBC Group (the “Transactions”). BOYANOV & Co. advised on the deal structuring, negotiations, signing of the agreements, pre-closing, and closing support. The Transactions involved the first-ever transfer of insurance business of a foreign branch as a going concern in Bulgaria which posed specific regulatory, corporate, and administrative challenges. The Transactions were successfully closed today after completing the…
https://seelegal.org/wp-content/uploads/2021/07/counting-3125587_1920.jpg 1079 1920 Elitsa Maneva https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png Elitsa Maneva2021-07-28 13:39:322021-07-28 14:40:53BOYANOV & Co. Advised J.P. Morgan on the Financing of CEZ Bulgarian Business’ Acquisition by Eurohold
BOYANOV & Co. advised J.P. Morgan AG (as Initial Mandated Lead Arranger), BNY Mellon Corporate Trustee Services Limited (as General Security Agent), and DSK Bank AD (as Bulgarian Security Agent) on EUR 360 million facilities to Eastern European Electric Company B.V. (an indirect subsidiary of Eurohold Bulgaria – a major Bulgarian listed holding company) financing the acquisition of a group of seven targets in Bulgaria, among which the electricity distribution utility companies in North-West Bulgaria from CEZ a.s. (the Czech Republic). The acquisition is the biggest transaction in the Bulgarian…
https://seelegal.org/wp-content/uploads/2021/07/finance-4858797_1920.jpg 1267 1920 Elitsa Maneva https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png Elitsa Maneva2021-06-29 11:51:472021-07-08 11:54:08BOYANOV & Co. Advised OTP Bank Plc and DSK Bank AD on a Club Deal Financing of MET Renewables AG
BOYANOV & Co. advised OTP Bank Plc (Hungary) and DSK Bank AD (its Bulgarian subsidiary) on a EUR 27.6 million club deal financing of MET Renewables AG (Switzerland) for the acquisition from Enel (Italy) of a 42MW wind park in Northeast Bulgaria (one of the first and largest wind power plants in Bulgaria). MET Group is an integrated European energy company, headquartered in Switzerland, with activities in natural gas and power, focused on multi-commodity wholesale, trading and sales, as well as energy infrastructure and industrial assets. BOYANOV & Co. acted as Bulgarian legal counsel…
https://seelegal.org/wp-content/uploads/2021/07/One_Header.png 281 627 sara https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png sara2021-06-29 10:18:192021-07-02 22:48:18BOYANOV & Co. and KALO & ASSOCIATES Advised Albania Telecom Invest and One Telecommunications SHA
BOYANOV & Co. and KALO & ASSOCIATES advised Albania Telecom Invest and One Telecommunications SHA on the refinancing of a EUR 48.5 million acquisition loan from First Investment Bank used by ATI in 2019 to acquire a controlling stake in One from OTE.
https://seelegal.org/wp-content/uploads/2021/07/railway.jpg 666 1000 sara https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png sara2021-06-19 02:39:552021-07-04 02:42:52Modernisation of National Railway Lines
The Bulgarian national company “Railway Infrastructure” (NCRI) has announced an investment proposal for the modernisation of the railway line Vidin – Medkovets, railway section I of the railway line Vidin – Sofia. The project includes the construction of a new catenary, construction of a railway, railway facilities and new railway stations. The project amount is expected to be around EUR 460 million. NCRI expects that the project will be funded under the Connecting Europe Facility (CEF2) programme. Further details of the project have not yet been announced.
https://seelegal.org/wp-content/uploads/2021/07/E-money.png 666 1000 sara https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png sara2021-06-15 00:55:202021-07-02 01:09:17BOYANOV & Co. Advised Econt Financial Services in Obtaining E-money Institution Licence from the Bulgarian National Bank
On 10 June 2021, the Governing Council of the Bulgarian National Bank granted an e-money institution licence to Econt Financial Services EOOD.
https://seelegal.org/wp-content/uploads/2021/06/energy-battery.jpg 666 1000 sara https://seelegal.org/wp-content/uploads/2018/01/SeeLegalLogoHeader-1.png sara2021-06-07 20:32:192021-06-09 20:48:08BOYANOV & Co. Advises EnerSys Holdings (Luxembourg) S.a.r.l. on the Sale of its Stake in EnerSys AD to Recocycling EOOD
On 31 May 2021 the sale of the Bulgarian subsidiary of EnerSys Holdings (Luxembourg) S.a.r.l. – EnerSys AD, to Recocycling EOOD was completed.