Promotions at BOYANOV & Co.

BOYANOV & Co. announced the following promotions as of 1 February 2019: Radoslav Alexandrov is promoted to Partner and Head of Employment Practice Group; Nikolay Kolev ­­- to Counsel within the Corporate and M&A Practice Group; Stela Sabeva - to Principal Associate and Head of the Intellectual Property Department; Rossiza Marinova and Marina Mollova - to Senior Intellectual Property Associates.

Bulgarian List of Processing Operations Requiring Data Protection Impact Assessment

The Bulgarian Commission on Personal Data Protection adopted a list of processing operations for which it would be mandatory for controllers to conduct data protection impact assessments. The controllers whose main or only place of establishment is on the territory of the Republic of Bulgaria will be required to conduct a data protection impact assessment in all cases when a specific processing is likely to result in a high risk to the rights and freedoms of the individuals.

BOYANOV & Co. Contributed to the Bulgarian Chapter on Private Equity

Yordan Naydenov, Partner and Head of Corporate and M&A Practice Group and Dr. Nikolay Kolev, Counsel at BOYANOV & Co. contributed to the third edition of Private Equity, published by Thomson Reuters in 2018, London with general editors Charles Martin and Simon Perry.

BOYANOV & Co. is Shortlisted for Law Firm of the Year: Eastern Europe and the Balkans Award by The Lawyer

BOYANOV & Co. is the only Bulgarian finalist of The Lawyer European Awards 2019 in the category Law Firm of the Year: Eastern Europe and the Balkans. Each year The Lawyer European Awards showcase the impressive achievements of Europe's finest within the legal industry. This year The Lawyer marks the 10th anniversary of the annual awards. The 2019 judging panel consists of 29 judges who review the entries in 14 jurisdictional, five transactional, and six organisational categories, as well as for The European Law Firm of the Year. The Lawyer European Awards ceremony will take place on 19 March…

BOYANOV & Co. and KALO & ASSOCIATES Advised Albania Telecom Invest

BOYANOV & Co. and KALO & ASSOCIATES, members of SEE Legal, advised Albania Telecom Invest (ATI), a joint venture of Mr. Spas Roussev and Mr. Elvin Guri (a successful Bulgarian entrepreneur of Albanian origin), on the acquisition of Telekom Albania from OTE (Deutsche Telekom) for a total consideration of EUR 50 million. More specifically, BOYANOV & Co. advised ATI on the entire deal – participation in an auction organised by OTE, submission of a bid, legal due diligence (in cooperation with KALO & ASSOCIATES), negotiation of the sale and purchase agreement, escrow agreement and…

BOYANOV & Co. Advises the Parties in the Second Largest Transaction on the Bulgarian Office Properties Market in the Last 10 Years

BOYANOV & Co. advised the leading Greek real estate company NBG Pangaea REIC on the acquisition of I&B Real Estate AD in a transaction with a value of close to EUR 79 million. On the express mutual agreement of the parties, throughout the process, two dedicated teams of the firm provided legal support and assistance to both the sellers and the buyer. The transaction was successfully completed on 28 December 2018. The company I&B Real Estate AD is the owner of City Tower (Telus Tower), a full-let office building in Sofia, Bulgaria with a total area of about 54,000 sq.m. The newly built…

BOYANOV & Co. Organised a Team Building Seminar in Borovets

On 23-25 November 2018, BOYANOV & Co. organised a team building weekend in Borovets. The main program included a seminar on some of the key legal topics in IP (Protection of Trade Secrets), Competition (Geo-blocking Regulation in the Context of E-commerce), Employment (Prevention of Discrimination), M&A (Main elements of an M&A Deal), Litigation (Directors vs the Court), and Tax (Current Trends in Tax Audits and Inspections). Topics on business development and marketing, legal English, and current accounting trends were also discussed. BOYANOV & Co.’s team enjoyed the interesting…

BOYANOV & Co. Launched Academy for Partners

BOYANOV & Co. introduced Academy for Partners with the first seminar focusing on Mergers and Acquisitions, being held on Thursday, 15th November at InterContinental Sofia. Yordan Naydenov, Head of the Corporate and M&A practice group at the firm presented the key issues in an M&A deal, touching upon the tax and financing matters in front of 50 CEOs, managers, legal counsels and financial directors. Following-up from the large international forums and conferences, organised regularly by BOYANOV & Co. from 2000 onwards, the firm starts Academy for Partners. The aim of the Academy…

BOYANOV & Co. is Advising on the Biggest Deal in Bulgaria

BOYANOV & Co. currently works on the biggest deal in Bulgaria – the concession award procedure for Sofia Airport.

Bulgarian Telecommunications Company

Vivacom is the brand name of the Bulgarian Telecommunications Company, the largest telecommunications company in Bulgaria and a former state-owned incumbent operator. Vivacom is a fully integrated operator, providing mobile, fixed voice, fixed broadband and pay-TV (both DTH and IPTV) services on a nationwide scale to both residential and business customers. An M&A deal is expected in the next year or two.

Prospective Financing or an M&A Deal for Sparky Eltos AD

Sparky Eltos AD is a Bulgarian manufacturer of power tools and motors for electronic instruments, special tools and collectors. During the last couple of years the company is facing liquidity problems and may be looking for financing or an M&A deal.

Possible Hotels for Sale in Bulgaria

Over the next three years, new luxury hotels from three world known chains - Intercontinental, Hyatt and Marriott - will open in Sofia. There is also a possibility for a deal for Hotel Marinella (former Kempinski), given the recent events around the owner, who is currently being investigated for tax crimes and money laundering. He has a number of other hotels that can also be subject for sale.