Penkov, Markov & Partners > Sofia, Bulgaria > Firm Profile

‘Nikolay Cvetanov displays an exemplary level of leadership and expertise. His standout qualities include his promptness and diligence in addressing our needs, as well as his deep understanding of the unique objectives of our business. His proactive and insightful approach has set him apart from competitors.’

‘Nikolay Cvetanov, Ivan Markov and Tihomir Tishev were not only prompt and diligent but also displayed an unparalleled level of commitment to our cause. They took the time to thoroughly understand the specific objectives and means of our business, offering invaluable recommendations that were seamlessly incorporated.’

‘Milena Gaidarska participates in all negotiations and planning of deal structures and has extensive experience in this field. In addition, she knows our business well and always prepares suitable solutions.’

‘Boris Strijlev works on negotiations on and drafting of commercial contracts. We are very happy with his work in this sphere, and he is a trusted colleague.’

‘Penkov, Markov & Partners have a solid M&A team and a lot of professionals in the sphere, who prepare the documentation diligently, efficiently and fast.’

‘Penkov, Markov & Partners are truly “More than corporate attorneys.”‘

‘The team is responsible, flexible and acting in very professional way.’

‘The team’s strengths and key capabilities include extensive experience in a variety of practice areas, such as commercial law, litigation, real estate, employment law, and intellectual property. The lawyers at Penkov Markov are highly knowledgeable and dedicated.’

‘Milena Gaidarska is an exceptional professional with huge knowledge of the market and the technical and legal side of the procedures. She is able to carry a big workload and to manage and oversee projects efficiently. She is our most trusted advisor.’

‘We work mainly with Atanas Valov. He shows diligence, fast thinking, good negotiation skills and the ability to convince the counterparty and overcome their arguments. Milena Gaidarska shows significant knowledge of the regulatory framework regarding the construction process. She is also very experienced in property management matters. Boris Strijlev is well-prepared on our matters, hard-working and responsive.’

‘The team at Penkov, Markov & Partners, and especially Atanas Valov and Milena Gaidarska, are very smart, cooperative and experienced professionals. Atanas demonstrates exceptionally deep knowledge. He is well prepared, has great knowledge of the legislation and reacts quickly.’

‘Penkov, Markov & Partners is perhaps the top real estate legal provider in Bulgaria. We are confident that in complex legal cases they are able to come up with really clever and workable solutions by thinking outside the box.’

‘Atanas Valov has already acquired a great deal of experience and is established as a well-known name in this field. Milena Gaidarska is one of their excellent experts in real estate law who we rely on a lot. Another key team member of theirs is Boris Strijlev, who provides high-quality and very helpful legal support.’

‘The team is very dedicated and punctual. These are very important strengths when it comes to real estate restitution claims in Bulgaria.’

‘In the field of real estate, we work with Atanas Valov. He is very responsible, hardworking and customer oriented.’

‘We have received excellent services and results from Penkov, Markov and Partners, which usually surpass our expectations. The team are highly educated, motivated to solve problems and experienced. All our questions are answered, communication is excellent, and their strategy is smart.’

‘We have very good cooperation with the team as our long-term lawyers. They have long-term experience both in private and bank financing and help with structuring negotiations and security packages. We always recommend them to our partners when they seek legal advice.’

‘Milena Gaidarska is familiar with the conditions and requirements of the major banks in the sector and also knows their senior legal and financial officers which speeds up and facilitates the negotiations and closing of the deals. She is very reputable and easy to work with.’

‘They are patient, professional, rigorous. We had a great cooperation with Ivan Markov.’

‘Their law office has a very experienced financing team with coverage of any type of financing. They have done some very big deals in the sector and their name also helps facilitate the closure of financings, as the counter-parties consider them reliable and professional lawyers that aim to make a deal and not to delay it.’

‘Nikolay Cvetanov is the leading lawyer – knows the sector very well, analyses the case at hand not only from legal, but also from business perspective. Regularly applies innovative approach as regards various legal matters.’

‘The team leader – Nikolay Cvetanov is a lawyer we have worked with for many years and we are more than satisfied with the service provided. He is well known in the sector, very knowledgeable and knows the market perfectly. We always receive business wise advice from him which is paramount for our company. In terms of organizing the work under assignments he is second to none.’

‘Asen Apostolov is very knowledgeable, responsive, pays attention to every detail and we feel we are in safe hands with him.’

‘Asen Apostolov is very efficient, has a very good knowledge on the legal framework and the latest developments.’

‘Outstanding lawyers with great expertise and full commitment to the matter. Highly recommendable!’

‘Penkov, Markov & Partners are experts in Dispute resolution and litigation.’

‘I can confidently say that Penkov, Markov & Partners are one of the most dedicated and hardworking team I have had the pleasure of working with. Their professionalism and work ethic are unparalleled, and they consistently go above and beyond to ensure that projects are completed on time and to the highest standard.

‘I have worked closely with Pavel Tsanov and Vencislav Semkov. In their work they show great research skill, analytical skills, persuasive skills and communication skills.’

‘PMP‘s litigation team is developing rapidly and is quite strong. Our business needs litigation services in the areas of legal representation and disputes in commercial, employment and administrative matters and we definitely get the legal service we need from PМP. They take their cases very seriously and very often succeed in court.’

‘Boris Strizhlev has an excellent theoretical background and has been very successful in drafting documents and outlining legal strategy for our cases.’

‘They have fast-growing litigation team that covers a lot of areas. We have used their services for labor disputes, real- estate disputes, commercial disputes with our contractors and for zoning and urban planning related issues.’

‘Their team lead Atanas Valov is very good at court, he impressed us during the open hearings and the way he handled numerous procedural tricks of the other party. We can fully recommend him for commercial, construction and administrative litigations. Anelia Licheva, a new addition to their team from this year, also shows a lot of promise and entered the case with care for the details. Pavel Tsanov also assisted us on some commercial disputes and impressed us with his diligence, good negotiation skills for court settlements and confidence in the court room.’

‘The team has a very deep knowledge in the water regulation of hydro power plants. They are always accessible and ready to listen to our problems, even if we have to make an emergency call on short notice. They deliver quick solutions which work in our favor.’

‘They have very significant experience with renewable energy and are one of the most recognised offices in the market in this niche.’

‘The negotiations, the due diligence and the whole deal were led by Atanas Valov, who aside from his real estate knowledge has also significant experience with solar energy. He has been vital for saving the deal on a few crucial moments and showed pragmatism, problem-solving approach, and mediation skills in order to achieve our goals. Nikolay Voynov, who is very prominent member of their Energy team, helped on the regulatory matters and the communication with the grid operator, where he showed high level of professionalism.’

‘Since the beginning of the development of the renewable energy in Bulgaria, Penkov, Markov & Partners have become well-known as leading consultants in that field. In the past years their team successfully participated in the realization of many projects and supported the ongoing business of others. Among other things, they also have excellent team of experts who are constantly active in public discussions on the energy development of the country.’

‘Atanas Valov is also very helpful to us in the field of energy law services. Apart from his experience in the energy related litigation, he also became a well-known practitioner in the advisory of ongoing energy projects. Nikolay Voynov, a well-known energy expert in the country, supported us many times by providing compliance and regulatory advisory services.’

‘Penkov, Markov and Partners consists of highly experienced, smart and capable individuals with in-depth knowledge and expertise in the field of Energy and natural resources.’

‘We’ve worked with Atanas Valov and Pavel Tsanov and we highly recommend them – both very intelligent and capable professionals, always available and ready to help and answer all of our questions. It is a great pleasure to work with them.’

‘Compared to other companies I have worked with, the team is much wider and with expertise in every possible area. We have worked on many different projects and every time the support was on time and with strong expertise level. Communication is easy going and effective.’

‘Vladimir Penkov is a great leader taking participation in every project to ensure the quality and the scope of the preparation to be on the best possible level.’

‘Outstanding lawyers with great expertise and full commitment to the matter. Highly recommendable!’

‘Penkov, Markov are highly competent and try to stick to the agreed deadlines. They have a lot of experience in the Bulgarian market, so they know the specifics quite well. They provide highly practical suggestions to topics raised to them.’

‘Ivan Markov and Smilena Hrusanova are top experts in competition law.’

‘Very professional, very precise and very easy in the communication. A strength of the practice is that they have specialized people for the different fields of law and needs of the client.’

‘The level of proficiency is very high. One can fully trust the advice given by the people and the practice.’

‘The team of Penkov, Markov & Partners demonstrated exceptional qualities that set them apart in the legal industry. Some of their main strengths and key capabilities include their expertise and specialization, their client-centric approach and strong communication skills.’

‘Outstanding lawyers with great expertise and full commitment to the matter. Highly recommended!’

‘Roman Stoyanov is excellent to work with – he is always reachable and has very deep knowledge of the pharmaceutical sector.’

‘They are proactive – for any problem they offer you a range of solutions and help you understand which is the best one for you. They help with problem solving and give quick and competent feedback.’

‘I haven’t needed to work with other firms because I have already found the best working with Roman Stoyanov.’

‘Penkov, Markov & Partners is a very trusted and reputable legal firm. They manage to nurture the client relationship and provide not only legal assistance to our company, but also help us with some private matters. That is why we always recommend them.’

‘Roman Stoyanov provides top-quality legal advice and expertise. Ana Krusteva combines IP expertise with great knowledge of the healthcare industry, thus meeting all of our business needs. Tihomir Tishev is a young member of the team, but demonstrated prominent skills in the sphere.’

‘Penkov, Markov and Partners went above and beyond to provide me with exceptional legal support. They were always accessible and responsive to my questions. They provided me with insightful advice that not only addressed my immediate needs but also ensured long-term compliance and success for my business. I recommend their services to anyone in need of top-tier legal representation in this field.’

‘Roman Stoyanov is a highly skilled lawyer, providing on-point legal advice. His legal expertise is truly remarkable, and he demonstrated a deep understanding of the intricacies of my cases.’

‘Throughout our engagement, the team at PMP consistently demonstrated a high level of professionalism and responsiveness. Their promptness in returning emails and phone calls, as well as their willingness to address my concerns and answer my questions, made me feel like a valued client. What truly sets PMP apart is their ability to strategise and offer creative solutions.’

‘Ana Krusteva has in-depth knowledge of intellectual property laws and an ability to explain complex legal matters in a clear and understandable manner. Her guidance was invaluable, making sure that every step was taken with precision and attention to detail.’

‘Over the years we have developed a great partnership with Penkov, Markov and Partners and their dedication to our business is evident in all aspects of their work.’

‘Smilena Hrusanova has in-depth legal knowledge and is an exceptional professional. Ana Krusteva is highly experienced in the field of intellectual property, providing on-point legal advice.’

‘Ana Krusteva has a brilliant mind and is absolutely great to work with.’

‘They stand out for their diligence in understanding the client’s requirements, with prompt and clear communication skills that ensure clients are well informed.’

‘The team of Penkov, Markov & Partners provides the full range of legal services in the field of IP. They have proven to be very trustworthy, because they were able to meet all of our needs, deadlines and expectations.’

‘They are competent, fast and efficient.’

‘The partners we have worked with have always been highly engaged and available.’

‘The team is fast, efficient, engaged, knows the construction business and the urban development regulations in great detail and always helps to overcome the problems we face. We have built a trusting relationship, and we always recommend them to our partners when they seek legal advice.’

‘Milena Gaidarska is an exceptional professional with huge knowledge of the market, and the technical and legal side of procedures. She is able to handle a large workload of projects and to manage and oversee them efficiently. She is our most trusted advisor.’

‘Atanas Valov is proficient in the construction sector, with a lot of experience in infrastructure, energy connections, utilities and urban planning.’

‘We have worked with Penkov, Markov & Partners on several projects. They are very reputable on the real estate market and facilitate all our legal needs, acting promptly and with the ability to get to the details in each project.’

‘We fully trust PMP’s projects and PPP team. They have a large and experienced staff, and they develop young lawyers, building them up into very good professionals. They know how to work on big projects and how to outline the issues and the red flags. There is synergy between the team members with vast knowledge and young professionals with a great desire for development.’

‘I really appreciate Penkov, Markov & Partners’ attention to detail and also their creative approach.’

‘Very professional and helpful team.’

‘Excellent professionals.’

‘Strengths of the team include their personal attitude and willingness to understand the client’s needs. They look at the bigger picture, not only the individual case.’