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 > Healthcare and life sciences

Wolf Theiss advises a substantial client base of R&D and generic pharma, medical device and clinical trial companies as well as banks and investors. It is particularly strong in providing coporate advice to multinationals, and is regularly the firm of choice for large-scale regional deals in the sector. Regulatory work includes acting for clinical trials company Celgene International regarding its business in Macedonia and Bulgaria. Managing partner Anna Rizova steers a versatile team including recently-promoted counsel Hristina Dzhevekova.

Bulgaria > TMT

Wolf Theiss has a strong offering in the TMT arena, particularly on the financing and corporate side, earning roles in big-ticket, cross-border transactions within the technology and telecoms sector. Recently, the firm acted for JP Morgan Securities in the structured financing to United Group for its €1.5bn acquisition of BTC/Vivacom. Corporate partner Richard Clegg and regulatory specialist/managing partner Anna Rizova head the practice and the bulk of mandates, with key input from counsels Hristina Dzhevekova and Oleg Temnikov. Clients also include Software Group and Megaport.

Bulgaria > Real estate and construction

Wolf Theiss handles financing and investment structures, sales and purchases of high-value real estate and industrial infrastructure, commercial leasing and corporate work for real esate companies, among other matters. The multidisciplinary team is led by commercial and regulatatory partner Anna Rizova and finance specialist Katerina Kraeva, while associate Maria Nikolova has growing real estate experience and is a regular associate on client teams. International retailer H&M Hennes & Mauritz is a key client of the practice; others include Strabag and Soravia Group.

Bulgaria > Projects and PPP

Wolf Theiss boasts a track record of landmark infrastructure projects, concessions, procurement, PPP and privatisations. Currently, the portfolio includes acting for Turk Stream, an entity owned by OAO Gazprom regarding the construction and development of the offshore part of the gas pipeline Turk Stream, as well as advising the EIB on the financing of the Bulgaria-Greece Interconnector Project. The strong multidisciplinary team includes leading energy lawyer Radoslav Mikov, banking and finance specialist Katerina Kraeva  and coporate partner Richard Clegg, and is overseen by managing partner Anna Rizova.

Bulgaria > Intellectual property

The IP practice at Wolf Theiss acts for a diverse client base that includes international and local companies from the TMT, outsourcing, banking and finance, food and healthcare, and retail and tourism sectors, among others. The team has capability across the board of IP work, including transactional support and representation in disputes before the administrative and judicial courts. Counsel Hristina Dzhevekova and ‘very competent and professional senior associate Oleg Temnikov play key roles and are overseen by managing partner Anna Rizova, who also advises on IP matters.

Bulgaria > EU and competition

Wolf Theiss stands out for its deep experience in merger control and general corporate support, including advice on sophisticated, often multinational, transactions. Regulatory and commercial partner Anna Rizova heads up the team which includes experienced counsel Hristina Dzhevlekova, who advises on both EU and local competition matters, particularly within highly-regulated sectors. The pair provided competition advice to ALSO Holding on its acquisition of ICT wholesaler Solytron Bulgaria. Clients also include a global pharmaceutical and a well-known US private equity company.

Bulgaria > Energy and natural resources

A versatile practice at Wolf Theiss includes mandates across all aspects of power, both conventional and renewable, on behalf of multinational and domestic companies. The team has ‘excellent in-depth knowledge of the particularities of the energy sector‘; it is co-led by specialist Radoslav Mikov, who has many years’ experience both in-house and in private practice. Office managing partner Anna Rizova also advises in this sphere, while Oleg Temnikov is singled out by clients as ‘outstanding in regulatory and commercial matters‘.

Bulgaria > Dispute resolution

Wolf Theiss‘ team consists of ‘experts in complex multi-national disputes with a fantastic understanding of the political, cultural and commercial ecosystems of South-Eastern Europe’. Practice co-head Radoslav Mikov is leading advice to the General Director for National Roads and Motorways of Poland in the Bulgarian Supreme Court of Cassation concerning a public procurement dispute against a Bulgarian company. Fellow co-head and office managing partner Anna Rizova is recommended for disputes concerning heavily regulated industries, while newly-promoted counsel Oleg Temnikov is ‘definitely one of the rising stars on the Bulgarian dispute resolution market’.

Bulgaria > Commercial, corporate and M&A

An experienced team at Wolf Theiss is widely instructed in cross-border transactions involving both outbound as well as inbound investment, particularly within the energy and telecoms sectors. The firm also handles regional work for key clients out of the Sofia office, showcasing the capability of the team. The practice is led by Richard Clegg, who is qualified in the UK, Ireland and Bulgaria; Anna Rizova, former general counsel at Bulgaria’s first mobile operator; and Katerina Kraeva, who also brings in-house experience to the practice. Visa and AIG are clients.