Transport (including shipping) in Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria’s transport practice chiefly acts on behalf of the government, advising municipalities and ministries on port operations, railway and metro refurbishment and extension, and road infrastructure projects. The team is jointly lead by the ‘first-class’ Stoyan Barzakov and Magdalena Valova, who has extensive experience in drafting PPP arrangements and structuring public tender processes. Outside of government work, it assisted in Manchester Airport Group’s bid for the €3.9bn concession to operate Sofia Airport, and the European Railways consortium on the performance of its contractual obligations as the winning bidder of a tender to construct a section of railway.


‘A first class team that has an in-depth knowledge of transportation in Bulgaria and the Balkan Region.’

‘Market-leading in the aviation sector with an unparalleled knowledge of the legal and regulatory environment of the transportation sector.’

Key clients

Consortium “European Railways”

Executive Agency Port Infrastructure

Metropolitan JSC

Ministry of Transport

Ministry of Transport, IT and Communications

Municipality of Pernik

Municipality of Plovdiv

Municipality of Ruse

Municipality of Veliko Tarnovo

Sofia Municipality

Trace Sofia JSC

Manchester Airport Group

Work highlights

  • Advising the Ministry of Transport, IT and Communications on the redevelopment of port infrastructure in Ruse.
  • Advising a consortium of construction companies on the development and construction of a new railway line between Skutare and Orizovo.
  • Conducted a review of feasibility study for the development of a new transport infrastructure plan for the Municipality of Veliko Tarnovo.

Boyanov & Co.

Boyanov & Co.’s transport practice is particularly active in aviation and aviation finance. In recent years, the firm has worked on aircraft lease arrangements and extensions, securitisation of a leased aircraft portfolio, and organising the transactional aspects of aircraft sales. The team, led by Raina Dimitrova, assisted Fraport with its concession bid for Sofia Airport, and counts WizzAir among its clients.

Practice head(s):

Raina Dimitrova

Key clients

Dubai Aerospace Enterprise


Siemens AG

Macquarie Aircraft Leasing Services (Ireland) Limited

CIT Aerospace (currently Avolon)

Apollo Aviation Group (currently Carlyle Aviation Partners)

BOC Aviation Pte. Ltd. (former Singapore Aircraft Leasing Enterprise Pte. Ltd.)

Wizz Air

Engine Lease Finance Corporation

General Electric Capital Aviation Services

Aviation Capital Group, US

Work highlights

  • Advised Apollo Aviation Group in connection with the Bulgarian aspects of the securitisation of a portfolio of aircraft.
  • Assisted and advised AerCap in connection with the termination of aircraft lease on the occasion of the airline bankruptcy and aircraft deregistration.
  • Assisted GE Capital Aviation Services in connection with a transfer of title of a portfolio of aircraft.

Danailova, Todorov & Partners

Danailova, Todorov & Partners’ core focus is providing advice to municipalities, ministries and municipal transport operators on tender procedures, financing options, and issues pertinent to planned works and expansions. For consumers, the firm advised on producing the SkyRefund platform, which assists customers in claiming refunds and compensation in the event of cancelled and delayed flights. Kaloyan Todorov  and Maria Danailova, joint practice heads, have expertise in public service contracts and public private partnerships, with experience drafting tender offers, structuring agreements with subcontractors, and evaluating bids.

Practice head(s):

Kaloyan Todorov; Maria Danailova

Key clients

SkyRefund OOD

Work highlights

  • Founded SkyRefund, an online tool which allows airline passengers to check their eligibity for compensation and refunds in the event of flight delays and cancellations.

Georgiev, Todorov & Co

Georgiev, Todorov & Co handles complex disputes for clients in the transport sector, including port operators, municipal transport authorities and engineering and construction firms engaged in infrastructure projects, and shipping and logistics firms concerning loss of or damage to cargo. The team is led by Ivan Todorov and Alexander Pachamanov, who acts for transport clients on regulatory, commercial, and competition law matters. Tsvetelina Dimitrova is a key contact, known for her ‘precision and detailed knowledge of EU law’, she acts for clients in aviation, urban transit, and railway construction.


‘The transport practice of Georgiev, Todorov & Co. is broad as the law firm covers shipping, aviation, as well as urban transport, which gives them a richer perspective of the issues. They have a high success rate and are experienced professionals with excellent litigation skills.’

Key clients


ADM Bulgaria Logistics

BMF Port Burgas

Sliven Municipality

Port Burgas

BH air

Bulgarian River Shipping JSC

МTK Trans

Goldair Holding Handling Bulgaria

Kambourov & Partners

Kambourov & Partners’ extensive transport practice counts engineering and construction firms, car manufacturers, bus fleet operators, airlines, and fee-collection subcontractors among its clients. It advises on M&A deals in the transport sector, tender participation, and ongoing contractual advice for winning bidders of infrastructural project tenders. The practice is jointly led by Stefan Tzakov and Atanas Shopov, both experts in public procurement, who have advised several winning bidders of concessions to build or operate major transport and shipping hubs.

Practice head(s):

Stefan Tzakov; Atanas Shopov

Key clients

Consortium SOF Connect 

Tesla Inc.

 Kapsch Trafficcom AG


Witte Automotive Bulgaria

Work highlights

  • Advised Tesla on the regulatory aspects of its planned entry into the Bulgarian market.
  • Advising Monolit Jsc. on the project for design and construction of a Sofia metro line.
  • Handled the transactional and competition aspects of a merger between bus fleet operators Union Ivkoni and Etap Address.

Arsov Natchev Ganeva

The transport practice at Arsov Natchev Ganeva focuses on aviation. This includes aircraft leasing, airport concession agreements, contracts with ground handling teams and litigation. It also advises on general compliance in a highly regulated sector, including assisting clients to obtain licences and authorisations. In airport concession bids, the firm acts for both the government and bidders – most notably for First State Investment’s and AENA’s bid to operate Sofia Airport. Svetlana Ganeva and Vladimir Natchev lead the team.

Key clients

First State Investments

Ministry of Transport, Information Technology and Communications of the Republic of Bulgaria

AS 24 Bulgaria EOOD

Alitalia Società Aerea Italiana S.p.A

International Air Transport Association

Work highlights

  • Advised First State Investments and AENA on preparing their bid for the $3.9bn Sofia Airport concession.
  • Advises Alitalia on an ongoing basis regarding its operations in Bulgaria.
  • Advising IATA on its clearing operations between companies operating on the air traffic market.

Dimitrov, Petrov & Co

Dimitrov, Petrov & Co’s transport practice acts for domestic and international freight and shipping services. The team drafts contracts, prepares consignment notices, and ensures compliance with environmental regulations. The firm also advises logistics clients on employment issues and assists with debt collection. Another key focus is transport infrastructure; the team advised Manchester Airport Group on its participation in the bid to operate Sofia Airport, and acted for the airport in abuse of dominance proceedings before the CPC. Practice head Donka Stoyanova focuses on air transport and airport operations and services, while associate Tsvetelina Georgieva acts in disputes.

Practice head(s):

Donka Stoyanova

Key clients

Manchester Airports Group (part of Vitosha Consortium)

Sofia Airport

Sisecam Automotive Bulgaria

Mega Trucking Bulgaria

(part of EWALS Cargo Care Group)

Most 81

J Nap International Transportbedrijf

Tradenet Varna, Pharmnet, Mareshki pharmacy chain

Work highlights

  • Advising Mega Trucking Bulgaria on an ongoing basis.
  • Advised the lenders to one of the bidders for the €3.9bn Sofia Airport Concession.
  • Acting for Sofia Airport in contentious matters before the Bulgarian CPC regarding allegations of abuse of dominance.

Djingov, Gouginski, Kyutchukov & Velichkov

Djingov, Gouginski, Kyutchukov & Velichkov’s wide-ranging practice handles major infrastructural projects, advising participants in high-value public tender procedures for railway, airport, and road construction projects. On the transport services side, the firm’s client base includes vehicle manufacturers, airline operators, and shipping firms. It is also highly experienced in competition compliance, environmental regulation, litigation, contract amendment, distribution agreements, and financing. Zdravka Ugrinova and Milan Pandev jointly lead the team; they also head the firm’s corporate practice, and the energy practice, respectively.

Practice head(s):

Zdravka Ugrinova; Milan Pandev


‘The advice was simply right, in a rather complicated matter.’

Key clients

ERG Insaat Ticaret ve Sanayi AS

Ryanair DAC

Turkish Airlines

Daimler Chrysler AG

Wizz Air Hungary Kft


MAN SE, MAN Truck & Bus AG and MAN Truck & Bus Deutschland GmbH

Skoda Auto

Toto Costruzioni Generali S.p.a.

Cargotec Oyj

Construcciones y Auxiliar de Ferrocarriles, S.A. (CAF SA)

The Export Import Bank of China (CEXIM)

Zim Israel Navigation Company Ltd.

Sojitz Corporation of America


Karsan Otomotiv Sanayii ve Tic. A.S.

Patria Land Oy


LKQ Corporation

CK Holdings Co., Ltd.

C.H. Robinson

Alstom Transport SA

ITS Bulgaria

Rail Cargo Austria AG

Ekol Lojistik A.S.

XOP Logistics OOD

Work highlights

  • Advised Construcciones y Auxiliar de Ferrocarriles on its participation in a €345m public procurement procedure to build and maintain 42 new trains.
  • Advises ITS (Intelligent Transport Systems Association) on its participation in tender procedures to supply electric buses to municipalities.
  • Advised Karan Otomotiv on its distribution agreements in EU member states.

Kinkin & Partners

Kinkin & Partners focus on maritime shipping and transport, advising on marine insurance, shipping finance, preparation of contracts of carriage, licence acquisitions for cargo transfer, and cross-border transport regulation. The firm is particularly experienced in contentious matters arising from breach of contract, ships arrest and cargo retention. Vladimir Kinkin leads the team, with Nikolay Radev advising on tax and insurance aspects.

Practice head(s):

Vladimir Kinkin