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.

BOYANOV & Co. amongst the First Bulgarian Supporters of the Paris Call

BOYANOV & Co. was amongst the first Bulgarian organisations and law firms from Europe invited to become a signatory to the Paris Call Initiative and official supporter of the “The Paris Call for Trust and Security in Cyberspace”, a political declaration that will signal a global mobilization for the stability of cyberspace. It strengthens the work of the international community and of the many stakeholders involved in digital security. 

BOYANOV & Co. Advised on the Merger of Piraeus Bank Bulgaria AD into Eurobank Bulgaria AD

BOYANOV & Co. advised Eurobank Bulgaria AD on the merger procedure under which Eurobank Bulgaria AD absorbed its newly acquired subsidiary Piraeus Bank Bulgaria AD (the “Merger”). The firm had also played an important role in the acquisition by Eurobank Bulgaria AD from Piraeus Bank SA of the shareholding stake of 99.98% in Piraeus Bank Bulgaria AD, which was successfully closed in June 2019.

Nuclear Power Plant Belene Update

In June 2018, the Bulgarian Parliament adopted a decision to reopen the search of options for building the NPP Belene. The Bulgarian state-owned energy incumbent, National Electric Company EAD issued an invitation for the selection of a strategic co-investor for the construction of Belene NPP. The invitation also gave an opportunity to declare an interest in acquiring minority participation in the future project company, and/or in purchasing electricity from the future power plant.

Hyundai Motor Group and other South Korean Companies Interested in Investment in the Automotive Industry in Bulgaria

Bulgaria and South Korea are negotiating on the building of Automobile Factory and Autonomous Vehicles test centre of Hyundai and Battery Factory of another South Korean company (whose name was not disclosed) for Electric cars on the territory of Bulgaria. The investment in the Battery Factory shall be over EUR 1.5 billion and Bulgaria is in competition for the investment together with other two countries. Bulgaria has provided possible locations for the factories to the two South Korean companies.

Volkswagen AG to Open a New Automobile Factory in Eastern Europe

After postponing Volkswagen AG’s final decision to open a new automobile factory in Turkey, Bulgaria sees a chance to be considered as a potential destination again. The postponement of the decision is due to Turkey’s military action in northern Syria. Possible locations for a Volkswagen factory in Bulgaria are Sofia and Plovdiv

A New Concession Procedure for Plovdiv Airport is Expected

Аfter the previous procedure was terminated in October 2018, a new concession procedure for Plovdiv Airport is expected.

BOYANOV & Co. Contributes to the Bulgarian Chapter on The Foreign Investment Regulation Review 2019

BOYANOV & Co.’s counsel Assoc. Prof. Dr. Nikolay Kolev and associate Trayan Targov have co-authored the Bulgarian chapter in the seventh edition of The Foreign Investment Regulation Review, published in October 2019 by Law Business Research Ltd. This seventh edition of The Foreign Investment Regulation Review provides a comprehensive guide to laws, regulations, policies and practices governing foreign investment in 16 key international jurisdictions, including Bulgaria. It includes contributions from leading experts around the world from some of the most widely recognised law firms in their respective jurisdictions.

BOYANOV & Co. Advises Rodna Zemya Holding AD on the Acquisition of 100% of HIT Hypermarket EOOD

BOYANOV & Co. advised the Bulgarian publicly listed company Rodna Zemya Holding AD [BUL:6R2 / HRZ] on the acquisition of 100% of the capital of HIT Hypermarket EOOD from the Germany-based HIT Bulgarien GmbH, part of DOHLE Trading Group.

Borislav Boyanov Shortlisted for the Chambers Diversity & Inclusion Europe Awards 2019

Mr. Borislav Boyanov, managing partner at BOYANOV & Co., a founder and co-chair of the SEE Legal Group, has been shortlisted at the Chambers Diversity & Inclusion Awards: Europe 2019 in the category Pro Bono Lawyer of the Year. Chambers and Partners has congratulated Mr. Boyanov for being a true diversity and inclusion pioneer for the legal profession.

BOYANOV & Co. Contributes to the Bulgarian Chapter on Getting the Deal Through: Merger Control 2020

BOYANOV & Co.’s Competition and Antitrust team has authored the Bulgarian chapter in the prestige legal publication of Getting the Deal Through: Merger Control 2020, due to be published in September 2019 by Law Business Research Limited. Some of the key questions answered by each of the 69 jurisdictions featured in this publication include Bulgarian merger control thresholds, Bulgarian merger control test, public takeovers, enforcement practice and future developments, etc.