Ms Anna Rizova > Wolf Theiss > Sofia, Bulgaria > Lawyer Profile

Wolf Theiss
1407 SOFIA
Anna Rizova photo

Work Department

Corporate/M&A; Competition and Antitrust; Energy; TMT. As Managing Partner for Wolf Theiss in Bulgaria, Anna leads a wide range of complex cross-border M&A transactions, investment projects and market entries for global corporates, with a particular focus on telecoms, outsourcing, energy and pharmaceuticals. Recognised for her considerable expertise in managing multinational assignments, she has been the trusted advisor for leading international companies; including acting as lead lawyer for South Stream Transport since 2012 on the development of the offshore part of the South Stream gas pipeline.


Partner; specialised in Energy, Competition & Antitrust, Corporate/Mergers & Acquisitions, Regulatory and Procurement, Real Estate, Dispute Resolution.


Partner, Wolf Theiss, since 2011.


Bulgarian, English, French, Russian.


Sofia Bar Association.


Law Faculty, Sofia University ‘St. Kliment Ohridski’, Master of Law; Boston University (audited classes).

Lawyer Rankings

Bulgaria > TMT

The ‘service-oriented and pragmatic team’ at Wolf Theiss  advises on mergers and acquisitions, financing, and commercial agreements in the TMT sector. It has a particular focus on innovative IT companies in fintech, cloud computing software, and automated data visualisation services. The team assists growing international and Bulgarian tech companies on licencing and IP matters, data protection, and outsourcing. Clients include Experian, Software Group, Tencent, and GoDaddy. The team is jointly led by Anna Rizova and Richard Clegg, who also co-head the firm’s corporate/M&A practice. Senior associate Jasmina Uzova has considerable expertise in structuring M&A transactions and commercial contracts in the tech sector. Yanitsa Radeva and Nikoleta Ratcheva are names to note.

Bulgaria > Real estate and construction

Wolf Theiss advises on all aspects of traditional real estate transactions, including title reviews, zoning, planning and development, easements and restitution issues and tax. The firm assists international clients to set up offices in Bulgaria – conducting due diligence on possible sites, advising on acquisitions, negotiating long-term lease agreements, and constructing complex servicing and maintenance contracts with landlords. Joint practice heads are Katerina Kraeva, who also jointly heads the banking and finance and corporate/M&A practices, and Anna Rizova, who also co-heads the corporate and commercial practice.

Bulgaria > Projects and PPP

Wolf Theiss advises on high-value public procurement and concession procedures in strategic industries. The firm has advised participants in tenders for pipeline construction, military fuel provision, telecommunications systems, and airport infrastructure. It draws on the strength of its corporate and commercial and banking and finance know-how to offer expertise in financing for major projects with a particular focus on energy, resource extraction and commercial real estate projects. Finance specialist Anna Rizova leads the team, while Radoslav Mikov and senior associate Oleg Temnikov are highly experienced in energy matters. Atanas Mihaylov offers expertise in construction and EPC agreements, and senior associate Katerina Novakova handles public procurement work.

Bulgaria > Intellectual property

Wolf Theiss handles the structuring of IP transfers during mergers and acquisitions, the IP aspects of franchising and distribution agreements, trade mark protection, and the acquisition and licencing of patented technologies. An  aspect of the firm’s work is the intersection of IP and labour law; the team advises on contracts that govern remuneration for employees’ intellectual property works. Anna Rizova and Richard Clegg jointly head the practice, while senior associate Hristina Dzhevlekova is a name to note.

Bulgaria > Healthcare and life sciences

Wolf Theiss handles corporate and commercial matters for clients in the healthcare and pharmaceutical industries. Additionally, the team has advised banks and investment firms on M&A transactions in the pharmaceutical industry, advising on the data protection, intellectual property transfer, and antitrust implications of acquisitions in the sector. The team also assists foreign pharmaceutical companies with the regulatory requirements regarding market entry, and has advised on compliance for clinical trials. The practice is headed by Anna Rizova. Senior associate Hristina Dzhevlekova is another name to note; she leads on many of the firm’s major cases, and has acted for AstraZeneca and Eli Lilly.

Bulgaria > EU and competition

Wolf Theiss draws on its strength in corporate and commercial law to advise on merger notification, clearance and control, including in the highly regulated energy, pharmaceutical, banking and telecoms sectors. The ‘well organised’ team primarily handles non-contentious matters: assisting clients with ensuring that planned distribution agreements, marketing campaigns and promotions, acquisitions of real estate and facilities, share purchase of competing companies, and franchise arrangements, comply with the regulatory environment. Anna Rizova heads the team, and specialises in all forms of antitrust matters, while Richard Clegg, banking and finance co-head, and the ‘precise’ and ‘dedicatedHristina Dzhevekova are key contacts.

Bulgaria > Energy and natural resources

The energy and natural resources practice at Wolf Theiss covers all segments of the power sector – natural gas production and distribution; nuclear, renewable and conventional power generation; commodity and energy trading; regulatory compliance, and dispute resolution. The ‘outstandingly professional, courteous and proficient’ Radoslav Mikov is the key member of the team, and jointly leads the practice alongside Anna Rizova, who is experienced in advising on nuclear energy, gas pipeline construction and electricity trading. Oleg Temnikov and senior associate Katerina Novakova are other names to note. The firm counts ExxonMobil, Edison Trading, and Micronix among its clients.

Bulgaria > Dispute resolution

The ‘goal-oriented’ disputes resolution team at Wolf Theiss is experienced in the enforcement of claims won through arbitration and litigation, especially in the energy and banking sectors. The team is particularly active acting for renewable energy producers against the state. Anna Rizova, who focuses on cross-border matters and Radoslav Mikov, an energy specialist, jointly lead the practice. Senior associate Oleg Temnikov is another name to note.

Bulgaria > Commercial, corporate and M&A

The corporate, commercial and M&A team at Wolf Theiss works across the CEE region, advising on M&A transactions involving Bulgarian and international corporates. The firm is particularly active in energy and technology; in the latter space, it assisted fintech company Software Group with a venture debt investment – the first of its kind in the country. The group also provides ongoing strategic and transactional advice to major international clients including Visa Europe and Siemens. The team is led by Richard Clegg , Katerina Kraeva and Anna Rizova, who is known for her ‘excellent legal skills’ . Senior associate Jasmina Uzova is also recommended.