The Legal 500

Within Banking and finance , Andrey Delchev and Partners - Eurolex Bulgaria is a second tier firm,

Andrey Delchev and Partners – Eurolex Bulgaria provides a ‘personalised, flexible and prudent approach’ to a fairly even split of corporates and lenders. The team recently advised Dedeman Holding on the extension of two credit facilities, while on the bank side the firm has been particularly active in debt collection work. Although new money financings have been much scarcer, the team has handled some significant work in the energy sector including its work for Alfa Finance Holding on the financing of a 25MW solar power plants. Stoyan Barzakov is praised for his ‘strategic thinking’.

Within Corporate and M&A , Andrey Delchev and Partners - Eurolex Bulgaria is a second tier firm,

The ‘reliable and friendly’ corporate team at Andrey Delchev and Partners – Eurolex Bulgaria provides the ‘optimal advice’ to clients from a range of industry sectors. Benefiting from a longstanding reputation for handling M&A transactions, the firm is often the first port of call to clients seeking ‘sophisticated and strategic expertise’ on high-stakes transactions. Recent highlights include advising Communicorp Group on the acquisition of the remaining shares in Radio City. The firm also maintains its strength at the intersection of projects and M&A as exemplified by its representation of Salarpro Holding on the sale of four of its existing subsidiaries established to operate the existing photovaltaic power plants. The ‘very intelligent’ Andrey Delchev heads the three-partner team.

Within EU and competition , Andrey Delchev and Partners - Eurolex Bulgaria is a second tier firm,

Leveraging off its ‘superior’ public sector expertise, Andrey Delchev and Partners – Eurolex Bulgaria has been busy advising the Road Infrastructure Agency on the public procurement-related competition issues associated with its €220m highways construction project. The team also derives a significant amount of competition work from its impressive corporate client base including merger clearance instructions. Magdalana Valova heads the team.

Within Privatisation, PPP and foreign investment, Andrey Delchev and Partners - Eurolex Bulgaria is a second tier firm,

Andrey Delchev and Partners – Eurolex Bulgaria continues to blaze a trail in the market for advising public sector entities on advisory work within the PPP market. The firm is advising the Municipality of Smolian on development and extension of a heating network in the town. On the privatisation side, the firm has advised the Municipality of Panagiurishte on preparing the tender documents for the privatisation procedure.

Within Projects, energy and natural resources, Andrey Delchev and Partners - Eurolex Bulgaria is a third tier firm,

Andrey Delchev and Partners – Eurolex Bulgaria represents a vibrant mix of private and public-sector clients across a range of energy projects. Recent highlights include advising Solarpro Holding on the sale of four of its subsidiaries operating photovoltaic plants. The team also recently advised the Municipality of Smolian on the development and extension of the heating network in Smolian.

Within Real estate and construction , Andrey Delchev and Partners - Eurolex Bulgaria is a second tier firm,

‘Reactive and experienced’, Andrey Delchev and Partners – Eurolex Bulgaria has an excellent reputation in the real estate and construction market. A stalwart of the public sector arena, the team has been active advising the Road Infrastructure Agency on the tender process for the €220m construction of the Trakia highway. Other work has included advising Planex on the €56m development of the Galeria Varna Mall. ‘Strategic and precise’ team head Stoyan Barzakov is recommended.

Within Shipping , Andrey Delchev and Partners - Eurolex Bulgaria is a second tier firm,

Headed by Magdalena Valova, Andrey Delchev and Partners – Eurolex Bulgaria’s shipping practice has niche expertise advising government bodies on shipping concessions. In this arena, the firm continues to advise the Ministry of Transport on the concession award for the exploitation of the port terminal Rosenets. Other work includes advising a Bulgarian investor on the legal status on one of the biggest yacht ports in Bulgaria.

Within TMT , Andrey Delchev and Partners - Eurolex Bulgaria is a second tier firm,

Andrey Delchev and Partners – Eurolex Bulgaria has a ‘very strong practice’ advising radio operators across a range of regulatory and transactional matters. The team advised the Association of Bulgarian Broadcasters on drafting the latest amendments to the Copyright and Neighbouring Rights Act. Often working in close co-operation with its M&A practice, the practice recently advised Communicorp Group on the acquisition of the remaining shares in Radio City.