Projects and PPP in Bulgaria


CMS fields a team of 'excellent professionals', which includes practice head Kostadin Sirleshtov, who focuses on the energy sector; newly promoted partner Dimitar Zwiatkow, who is a key name for renewable energy projects; and senior associate Angel Bangachev, who leads the public procurement group. The team is experienced in project structuring and financing work, tender issues and energy and real estate PPPs; in a recent highlight, Sirleshtov advised an engineering client on a public procurement tender for two national railway and road infrastructure projects. Other clients include Toshiba, Petroceltic and OMV.

Dinova Rusev & Partners

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.

Djingov, Gouginski, Kyutchukov & Velichkov

Djingov, Gouginski, Kyutchukov & Velichkov is recognised for its infrastructure and PPP project expertise with notable knowledge of projects and concession matters in the transport and utilities sectors. Milan Pandev leads the public procurement group, which also includes Stephan Kyutchukov and Nikolai Gouginski; Pandev is a key name for power generation and distribution sector matters, Kyutchukov focuses on real estate, concession and infrastructure projects, and Gouginski handles project financing work. Recent mandates include advising Eurolease Auto on its involvement in a tender process for the leasing of 20 electric buses, and assisting Erste with the project financing of a thermal power station.

Kambourov & Partners

Recent highlights for the practice at Kambourov & Partners include advising a consortium including HNA Airport Group and Plovdiv Airport Invest on the concession procedure for Plovdiv Airport, and assisting Monolit on the design and construction of the third Sofia metro line project including eight new metro stations. Other clients include Nikmi, Kaufland Bulgaria and Strabag. Managing partner Stefan Tzakov and Atanas Shopov are the key names to note; Tzakov is experienced in PPP matters and concession procedures, and Shopov specialises in project developments.

Wolf Theiss

Wolf Theiss regularly handles project developments, privatisations and concession matters and has notable expertise in cross-border mandates. The group recently advised Arco Capital on the refinancing and new development financing of an extension to an office park; Edison Trading, Aurubis and Axpo Bulgaria are also clients. Anna Rizova leads the group and is a key contact for cross-border investment projects, Richard Clegg focuses on the infrastructure, TMT and regulated sectors; Katerina Kraeva handles financing matters, Radoslav Mikov is an specialist in the energy field, and senior associate Katerina Novakova is experienced in the gas industry.

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.

Arsov Natchev Ganeva

Arsov Natchev Ganeva is experienced in concession and infrastructure projects with notable expertise in pre-concession issues, tender documentation, engineering projects and subcontract agreements. In a recent highlight, the group advised Kapsch CarrierCom on its involvement in a public procurement procedure to provide communication services to the National Railway Infrastructure Company of Bulgaria. Svetlana Ganeva and Dessislava Lukarova jointly lead the practice, and senior associates Kamelia Angelova and Asya Dyankova handle concessions and PPPs.

Danailova, Todorov & Partners

Clients praise the department at Danailova, Todorov & Partners as ‘professional, extremely competent and responsible to its clients’ thanks to a team of 'exceptional' practitioners including group co-heads Maria Danailova and Kaloyan Todorov. Danailova is noted for her public procurement expertise and Todorov handles engineering and architecture projects.

Dimitrov, Petrov & Co

Dimitrov, Petrov & Co attracts praise from clients as ‘one of the most experienced teams in telecoms infrastructure projects and financings’; the group recently advised UTI Group on a tender process relating to a surveillance system, and also assisted Mareshki Group with its investment in a business centre in downtown Sofia. The 'very communicativeBoyana Milcheva and managing partner Metodi Baykushev jointly lead the department; other key practitioners include the 'responsive and extremely smartHristo Nihrizov and senior associate Boyan Ivanov, who handles e-procurement matters.

Popov & Partners

Popov & Partners fields ‘group of experts, who are excellent communicators and provide high-quality legal services’ paired with younger juniors, who are full of enthusiasm and potential'. Group head Svilena Dimitrova is 'an astonishing professional, who works hard to achieve the best results for her clients’; Eleonora Sergieva is also a key name to note. Recent highlights include advising Farba Lighting on the expansion of its Bulgarian business including the construction of an automotive plant, and assisting the Council of Ministers with a public procurement process relating to administrative services.