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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Bulgaria > TMT > Law firm and leading lawyer rankings


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Who Represents Who

Find out which law firms are representing which TMT clients in Bulgaria using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact


Boyanov & Co’s preeminent practice advised Vivacom on its €330m acquisition of BTC in a deal resulting from an enforcement sale by a bank for a defaulted loan spread over a number of EU jurisdictions. It is also a popular choice for clients in the software industry; it advised Apple on its Bulgarian iTunes offering and Microsoft Bulgaria on regulatory matters regarding its local products and services. The practice is led by Damian Simeonov. Nickolay Zisov and Ralitsa Nedkova have extensive experience in TMT and IP work.

ExcellentDimitrov, Petrov & Co has ‘very good TMT industry knowledge’. The firm is local counsel to Google, advising it on matters including IP, data protection and privacy matters. The team also handles all TMT matters for Telenor, recently representing the client in unfair competition proceedings before the regulator, which are now at appeal stage. Hristo Nihrizov, George Dimitrov and Desislava Krusteva are the key contacts.


Velchev & Co Law Office

Velchev & Co Law Office provides practical solutions and straightforward legal advice by offering a wide range of legal services across various industry sectors, with particular emphasis on TMT; Corporate and Commercial law; Mergers and Acquisitions; Gaming law and Intellectual Property Rights Protection. We pride ourselves on our commercial awareness and sector-specific expertise, which allows us to offer outstanding legal services.

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Djingov, Gouginski, Kyutchukov & Velichkov has ‘an excellent understanding of the market’. It counts major film production studios and telecoms providers as clients. Violetta Kunze and Kalina Tchakarova advise Universal 1440 Entertainment and Warner Bros on royalty, production and contractual issues. The group is also advising BSH Hausgeräte on the launch of internet of things services. Milka Ivanova is ‘a rising star in the Bulgarian telecoms market and an excellent adviser with technical and legal expertise’.

Andrey Delchev and Partners - Eurolex Bulgaria handles TMT matters for a range of Bulgarian broadcasters, including television and radio operators. The firm is retained by Communicorp for all commercial and corporate work, and advises Playtech Group on all issues relating to its activities in the country. Momchil Jivkov and Severina Liubenova have ‘excellent expertise’.

CMS is noted for the ‘multijurisdictional expertise’ and ‘excellent industry knowledge’ that arises from its global office network. The firm advises IBM Bulgaria on all aspects of its operations in the country, particularly in the area of competition law, IP and data privacy. It also advised Fadata, following its acquisition by Riverside Company, on employment and commercial matters. Atanas Bangachev, David Butts and Gentscho Pavlov lead the team.

At, Jordanov, Ignatov, Ivanov Law Firm, the key names are ‘excellent IP lawyerRumen Ignatov and ‘professional and experienced’ Darina Gospodinova. The team is advising Vivansa on a complex European TMT project regarding the implementation of EU eCustoms regulations and IP rights, and a service agreement with the Turkish customs agency. Other clients include Türk Telekom and Launchub.

Kambourov & Partners advises a number of technology multinationals on the corporate and M&A aspects of their operations in Bulgaria, including assisting Viaset Telematics with its acquisition of a majority stake in EuroGPS. It also successfully defended bTV in an antitrust case against Nova, following allegations of predatory pricing. Mitko Karushkov and the ‘efficient and knowledgeable’ Mario Arabistanov are the main contacts.

TMT is a core strength for Penkov, Markov & Partners, which has a niche in matters pertaining to e-commerce and other web-based activates. The firm also assists domestic and international service operators with licensing matters before the CPC and Electronic Media Council. Historic highlights include advising BTC on its privatisation and subsequent sale to AIG Capital. Vladimir Penkov and Svetoslav Dimitrov are the key names.

Schoenherr (in cooperation with Stoyanov & Tsekova) handles significant TMT M&A work, and has an active data protection practice. Alexandra Doytchinova advised VTB Capital, as lender to the parent company, on the €330m enforcement sale of BTC to Vivacom. Stefana Tsekova is assisting OMV Bulgaria with the implementation of the EU general data protection regulation. The group also handles public procurement project implementation in the TMT sector.

Richard Clegg leads Wolf Theiss’ practice, which handles high-value M&A transactions, as well as regulatory work, for local and international TMT service providers. The group advised FactSet on its $205m acquisition of Bisam Technologies and is now providing post-completion support. It also assists Citic Telecom CPC as CEE regional counsel on all regulatory and corporate aspects of its acquisition of Linx Telecom.

Arsov Natchev Ganeva’s practice is jointly led by Vladimir Natchev and Jivko Rokov. The term serves as local counsel to Bloomberg on commercial, licensing and other regulatory matters concerning its electronic trading platform. It is also assisting Polish online-retailer Eobuwie with all aspects of its entrance into the Bulgarian market, notably e-commerce, data protection and consumer regulation matters.

Georgiev, Todorov & Co advises BTC on a range of issues, including competition law and the Bulgarian regulatory environment concerning electronic communications. Practice head Alexander Pachamanov is ‘exceptional’.

Kinstellar advises a number of lenders on TMT transactions, including assisting UniCredit Bulgaria with a series of second-round convertible loan investments in high-tech start-ups. The group also advises a multinational mobile equipment manufacturer on data protection and the implementation of an incident management system. Dessislava Fessenko is the key name.

Tocheva & Mandazhieva Law Office’s ‘flexible and professional team’ serves as local counsel alongside Bird & Bird LLP on local matters pertaining to TMT and IP law for multinationals operating in Bulgaria. It also provides full legal assistance to Ital-Teks regarding its media and advertising campaigns. Zhulieta Mandazhieva heads the practice.

Tsvetkova Bebov Komarevski advises domestic and international telecoms and technology companies on all aspects of their local operations. Ilya Komarevski advised Telus International on its acquisition of Call Point New Europe, which was a major transaction in the Bulgarian IT outsourcing industry. Venelin Dimitrov leads the team.

Velchev & Co. Law Office advises Mobitel on spectrum allocation, competition and various data regulations. It also has a niche in gaming work, assisting New Games and the Bulgarian National Lottery with compliance and licensing issues. Pavel Velchev is the main contact.

Vladimirov Kiskinov advises a number of domestic software developers and hosting companies on their commercial operations, data protection and regulatory compliance. Nikolay Kiskinov and Desislav Vladimirov jointly head the practice.

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