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6 NIKOLAY V. GOGOL STREET, 1124 SOFIA, BULGARIA
Tel:
Work +359 2 401 9160
Email:
Web:
http://www.eurolex.bg
Sofia, Varna

Bulgaria

Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 2

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria¬†acts for major banks and insurers, such as Allianz, Bulgarian Development Bank, the World Bank and the EBRD, on infrastructure finance, state aid analysis and financial mechanisms matters. Stoyan Barzakov¬†is the key contact. The team advised Manchester Airport Group on its bid for the Sofia Airport concession, a 35-year contract with a value of ‚ā¨3.9bn.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 3

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria acts on domestic and cross-border mandates in a range of sectors, including pharmaceuticals, insurance, energy and TMT, and counts Allianz, Communicorp, Bulvest Print and Sopharma among its clients. Commercial law specialist Andrey Delchev and Magdalena Valova, who is advising on a number of international commercial projects, as well as matters in the transport and infrastructure sectors, are key contacts.

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Dispute resolution
Dispute resolution - ranked: tier 2

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria handles public tendering, public procurement, construction and commercial disputes. Team head Andrey Delchev, who acts as an arbitrator in the International Court of Arbitration in Paris and the Bulgarian Chamber of Commerce and Industry; Severina Liubenova, who specialises in disputes concerning real estate ownership; and senior associate Ekaterina Dimcheva are recommended. Clients include institutions such as the Ministry of Regional Development and Public Works and Sofia Municipality and companies such as Allianz and Metropolitan. The team advised Allianz on an investigation into the market activities of insurance companies suspected of participating in retail price fixing and the management of vertical agreements; it was able to prove that the client had not committed market abuse, avoiding a multimillion-euro fine.

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EU and competition
EU and competition - ranked: tier 2

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria's 'experienced' team¬†handles abuse of dominant position, alleged market manipulation and public procurement matters, and is praised for its 'state-of-the-art expertise in local laws, procedures and regulations‚Äô. Team head¬†Severina Liubenova¬†regularly represents clients before the Commission for Protection of Competition. Senior associate Boriana Chotekova¬†‚Äėimpresses with her excellent knowledge of both Bulgarian and foreign laws and¬† excellent personal communication skills‚Äô; she and the ‚Äėcompetent‚Äô Andrey Delchev¬†represented Orbelus Organic Winery in a complaint to the European Commission regarding abuse of dominant market position by the state-owned alcohol monopolies in several Scandinavian countries where the client's wine was imported.

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Energy and natural resources
Energy and natural resources - ranked: tier 2

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria¬†regularly represents clients in the oil and gas sector, and advises on the financing, construction and tendering of domestic and international power projects; it has also assisted with the¬†drafting of new legislation relating to the environment and the energy sector.¬†Clients include government and international institutions such as the Bulgarian Petroleum and Gas Association, the Ministry of Environment and Water and the European Bank for Reconstruction and Development, as well as private companies such as Lukoil and the CEZ Group.¬†Andrey Delchev¬†and Magdalena Valova¬†lead the team, which acted for¬†Lukoil and Gastrade in an investigation by the Commission for Protection of Competition into a possible abuse of dominant market position; it successfully proved there was no violation, allowing the clients to avoid a ‚ā¨100m penalty.

Leading individuals

Andrey Delchev - Andrey Delchev and Partners - Eurolex Bulgaria

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Healthcare and life sciences
Healthcare and life sciences - ranked: tier 2

Andrey Delchev and Partners - Eurolex Bulgaria

Pharmaceuticals specialist Evgenia Mihailova leads the department at Andrey Delchev and Partners - Eurolex Bulgaria, which advises on the importation, sale and leasing of medical equipment, development projects and hospital privatisations. In a recent highlight, the team assisted Elysia-Raytest, a producer of radioactivity detectors, with multiple applications in the pharmaceutical, agrochemical and nuclear medicine fields.

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Projects and PPP
Projects and PPP - ranked: tier 2

Andrey Delchev and Partners - Eurolex Bulgaria

At Andrey Delchev and Partners - Eurolex Bulgaria, managing partner Andrey Delchev leads the practice, which also fields Magdalena Valova, who is experienced in PPPs and concession issues. Clients include Metropolitan and a consortium of Bulgarian construction companies; the group advised the latter on a project for the construction of a rail line between Skutare and Orizovo. The team also counts multiple ministries and municipalities as clients; the Council of Ministries, the Government of Belarus and the Municipality of Plovdiv are key examples.

Leading individuals

Magdalena Valova - Andrey Delchev and Partners - Eurolex Bulgaria

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Real estate and construction
Real estate and construction - ranked: tier 2

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria¬†advises property investment companies and other investors on road, railway and subway infrastructure projects, as well as assisting with residential, hospital and tech park developments and gas pipelines projects. Practice head Stoyan Barzakov, who specialises in infrastructure and project finance, and Petya Bobeva, who is experienced in executing due diligence for construction companies, are key contacts. The firm advised Manchester Airport Group on its bid for the¬†‚ā¨3.9bn concession to run Sofia Airport.

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TMT
TMT - ranked: tier 3

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria has notable strength in the media and online sectors, with experience in corporate restructurings and large M&A projects. In a recent mandate, group head Severina Liubenova assisted Communicorp Group with leasing, copyright, financial and contentious issues relating to its radio stations; other clients include City Tech, Softline and Sirma Solutions.

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Transport (including shipping)
Transport (including shipping) - ranked: tier 1

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria advises on shipping matters, city transport infrastructure issues, metro extensions and development projects; practice head Magdalena Valova handles international developments and concession projects. The group's client roster includes the Ministry of Transport, Metropolitan JSC and multiple municipalities. In a recent highlight, Stoyan Barzakov assisted a consortium of Bulgarian construction companies with the construction of a rail line between Skutare and Orizovo.

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