The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Penkov, Markov & Partners

Work +359 2 971 3935
Fax +359 2 971 1191
Bourgas, Dobrich, Lovetch, Pleven, Rousse, Sofia and 4 more

Show all Press releases

Penkov, Markov & Partners supports organization and conduct of this year’s Vienna Economic Talks

May 2012

On April 3-4, 2012, the Bulgarian Chamber of Commerce and Industry (BCCI) in Sofia hosted the Vienna Economic Talks – Sofia Meeting 2012. The forum was co-organized by the Vienna Economic Forum and the BCCI, and focused on “Liberalization of Regional Markets”.

True to its years-long aspiration and commitment to the enhancement and development of Austrian-Bulgarian friendship and economic relations, Penkov, Markov & Partners gladly accepted the invitation to support the organization of the event.

With the company being among the main sponsors of the Sofia Meeting, our managing partner Vladimir Penkov was a special guest and attended a reception for the opening of the Vienna Economic Talks – Sofia Meeting, held at the residence of the Austrian Embassy on April 3, 2012.

The focus of this year’s edition of the forum was on the liberalization of the energy and labour markets, foreign investment and public-private partnerships – and more specifically the government’s plans to give concession rights for ports on the River Danube and some airports.

The forum heard a host of foreign and Bulgarian presenters, including Dr Erhard Busek, President of the Vienna Economic Forum and former Austrian Vice Chancellor, Dr Elena Kircheva, a member of the Board and Secretary General of the Vienna Economic Forum, Dr Mihael Angerer, Head of the Commercial Section of the Austrian Embassy, BCCI President Tsvetan Simeonov, Regional Development and Public Works Minister Liliana Pavlova, Transport, IT and Communications Minister Ivaylo Moskovski, Labour and Social Policy Minister Totyu Mladenov, Deputy Economy, Energy and Tourism Minister Valentin Nikolov and Sofia Deputy Mayor in charge of finance Doncho Barbalov. There were also representatives of government agencies and non-government organizations from Bulgaria and the region, as well as business people.

Among the attendants at the various sessions of the forum were representatives of Penkov, Markov & Partners working in specialized areas of law, including competition, energy industry, foreign investments and labour.


Legal Developments by:
Penkov, Markov & Partners

  • Why Don’t We Have the Will to Improve the Investment Climate?

    All investors, especially those from abroad, when asked about the investment climate in the country indicate a number of factors, besides tax rate, that influence their overall assessment. These factors relate to different areas of business and life in general, but have so far unfortunately gone unnoticed by governments.
    - Penkov, Markov & Partners

Legal Developments in Bulgaria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to