Risks of Artificial Intelligence – Safety Aspects

Industry solutions relying on artificial intelligence (AI) are growing faster than many had predicted. In addition to the important personal data protection considerations, another important question which this new and emerging technology is raising relates to the AI safety problems and their legal response.

Electric Vehicle Plant

At the end of 2019, Memorandum of Intent for building an Electric Vehicle Plant was signed by and between the Executive Director of InvestBulgaria Agency and the executive directors of the Korean-Chinese company Songuo Motors and Italian - Hadid Holding. The two companies announced their intention to invest USD 200 million in Bulgaria to build a plant for production of electric vehicles.

Belene Nuclear Power Plant

At the end of 2019, the state announced that the officially shortlisted candidates to begin negotiations with include Atomenergoprom, China National Nuclear Corporation, Korea Hydro Nuclear Power Corporation, Framatome and General Electric.

New Concession Procedure for Plovdiv Airport

At the end of February 2020, the Council of Ministers of Bulgaria approved the opening of a new concession procedure for Plovdiv Airport.

Construction of Bypassing of Urban Areas for Road Transport in the City of Burgas

The Roads Infrastructure Agency under the Bulgarian Ministry of Regional Development and Public Works has launched a tender procedure for the selection of a contractor for the construction of bypassing road of urban areas in the city of Burgas, with 4.7 km length.

Villeroy & Boch Considers Possible Acquisition of Ideal Standard Group

German company Villeroy & Boch AG stated that it is currently considering an acquisition of Ideal Standard group apart from which is Bulgarian company - Ideal Standard - Vidima AD.

Coronavirus: BOYANOV & Co. Establishes C19 Task Force

During this difficult time, when over 161 countries are affected by COVID-19, the entire society is facing significant healthcare, social, economic and legal impacts. BOYANOV & Co. would like to assure you that they are working hard to continue to provide high quality and effective legal solutions while protecting the health and well-being of our colleagues, clients, and business partners.

Kolcuoglu Demirkan Kocakli and BOYANOV & Co. Cooperate on the Sale of Mobiliz Tracking Systems

KDK advised Mediterra Capital on the sale of Mobiliz Tracking Systems, the market leader in the mobile tracking solutions sector in Turkey, to Fleet Services OOD.

NNDKP and BOYANOV & Co. Advised Banca Comerciala Romana S.A.

Nestor Nestor Diculescu Kingston Petersen advised Banca Comerciala Romana S.A., the lender, in respect to the financing of an office project in Cluj-Napoca, one of the most vivid economic hubs in Romania.

Balkan Legal Forum is Celebrating its 20-Year Anniversary with a Special Edition on Legal Practice Transformation

The 20-year Anniversary of the Balkan Legal Forum ("BLF") of the International Bar Association will be held on 11th and 12th June 2020 in Sofia, Bulgaria. Our special focus will be put on the legal practice transformation, applying the lessons we learned from the past 20 years and discussing the challenges that we are going to face in the next 20 years.

Borislav Boyanov Continues to be the Only Bulgarian Global Leader Listed by Who’s Who Legal 2019

Borislav Boyanov, Managing Partner at BOYANOV & Co., continues to be the only Bulgarian lawyer regularly nominated by his peers as one of the world’s leading practitioners in the field of M&A and Governance by Who’s Who Legal. The editorial says that “Borislav Boyanov is widely recognised across Europe as a standout name when it comes to M&A and foreign investment matters. He is highly recommended for his considerable experience advising clients on high-value M&A transactions.”

BOYANOV & Co. Advised Globalfoundries on the Acquisition of Smartcom’s PDK Engineering Team

BOYANOV & Co. acted as local counsel for Globalfoundries (GF), the world’s leading specialty foundry, in its acquisition of the PDK (Process Design Kit) engineering team from Smartcom Bulgaria AD in Sofia. Under the terms of the acquisition, GF has acquired Smartcom’s PDK development team of more than 125 employees.