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Anelia Dinova

Work +359 2 943 4350
Dinova Rusev & Partners

Work Department

Corporate & Commercial, Mergers & Acquisitions, Real Estate


Managing and co-founding partner of the firm, Anelia has an extensive transactional practice with a primary focus on inward investment in Bulgaria, Russia and Slovakia. She is well known for her skills in structuring and negotiating transactions and, in particular, for achieving workable and commercial solutions for her clients while retaining the legal integrity of a deal. Anelia is experienced in advising on the technical aspects of mergers and acquisitions taking place throughout Central and Eastern European countries. Her real estate practice includes advice on asset acquisition and due diligence procedures, mainly in the field of commercial real estate. On the construction side, she has been involved in a number of green field development projects as well as design, build and transfer projects, advising on the contractual structure and regulatory issues.


Anelia founded the firm in September 2003, having previously worked as a lawyer with Andersen Legal in Russia and Bulgaria and Weinhold Legal in Bratislava.


Russian, Slovak and English.


Sofia Bar Association (admitted 2000); International Bar Association.


MA in European Integration, University of Limerick, (1993); LLB, Sofia University (1989).


Banking, finance and capital markets

Within: Banking, finance and capital markets

The ‘highly professional and business-oriented’ team at Dinova Rusev & Partners acts ‘with real care for its clients’ needs’; it assists financial and payment institutions with debt restructuring, bond issuances and syndicated facility agreements, as well as providing compliance advice. Department head Diana Valkova, who focuses on financial transactions and security-related work; Anelia Dinova, who acts on complicated financing and debt restructuring agreements; and Georgi Vladov, who specialises in advising on syndicated loans and regulatory compliance, are recommended.

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Commercial, corporate and M&A

Within: Commercial, corporate and M&A

Dinova Rusev & Partners recently advised on deals in the food and beverage, mining, logistics and consumer goods sectors, among others. Major clients include Sephora, Marks & Spencer, McDonald's and 3M. Team head Anelia Dinova, who focuses on foreign investments, and Iliya Grozdanov, who has experience in structuring, drafting and negotiating various types of commercial agreements, are noted. Georgi Vladov advised an international private equity fund on the sale of one of the largest shopping centres in Sofia for €156m.

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Projects and PPP

Within: Projects and PPP

Dinova Rusev & Partners' experience encompasses greenfield development projects, financing issues and PPP matters with notable expertise in the energy and mining sectors. Recent highlights include advising Bulgarian Energy Holding on the financing of the South Stream pipeline project, and assisting Imerys Minerals Bulgaria with issues relating to its mining projects in Bulgaria. Anelia Dinova leads the department, which also includes regulatory expert Milen Rusev, real estate project specialist Georgi Vladov, and Iliya Grozdanov, who focuses on the energy sector.

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Real estate and construction

Within: Real estate and construction

Dinova Rusev & Partners has expertise in real estate matters involving large-scale shopping centres, as well as secured debt restructuring. Department head Georgi Vladov advises on construction-related projects and sale-purchase transactions for shopping malls, and the lease of office areas; Anelia Dinova focuses on inward investment matters; and senior associate Gergana Chushkova  has litigation experience. Major clients include Sofia South Ring Mall, Telerik and Ikea/House Market Bulgaria. The firm advised Assos Capital and AP Retail on the €156m sale of The Mall to Balkan Retail.

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