Mr Atanas Valov > Penkov, Markov & Partners > Sofia, Bulgaria > Lawyer Profile

The ‘fast, efficient and engaged’ projects and PPP team at Penkov, Markov & Partners is well versed in the acquisition of real estate projects, advising clients from the early stages of due diligence to the final drafting of commercial contracts. The team assists with projects across the commercial real estate, residential, logistics and energy infrastructure spheres. The team is headed by three of the firms’ leading lawyers: Milena Gaidarska, Nikolay Voynov and Atanas Valov.

Penkov, Markov & Partners‘ wide-ranging real estate and project development practice encompasses advice on high-profile real estate construction projects, including luxury real estate developments, major transactions, the acquisition of land for energy infrastructure, and real estate litigation. Milena Gaidarska is frequently instructed on major construction projects, in which she completes due diligence reports, gives administrative support and secures permits from the relevant authorities. Atanas Valov is another key practitioner in the team and is an ‘established and well-known name in this field’.

Penkov, Markov & Partners houses an experienced litigation and arbitration practice, that covers civil and administrative law matters, among them energy litigation, real estate and construction disputes and commercial litigation and arbitration. Atanas Valov leads the practice and advises on all manner of disputes, often appearing before Bulgaria’s highest courts. Pavel Tsanov further strengthens the team in the area of insolvency proceedings while Anelia Licheva, who joined the firm in January of 2023, is involved in arbitration work and commercial disputes.

Penkov, Markov & Partners is ‘well-known as leading consultants’ in the energy and natural resources sector, where the team has a proven track record advising on energy related project development, for example renewable energy systems (RES) or PV projects and infrastructure, energy related litigation as well as having a hand in the development of legislation in the sector. Vladimir Penkov has extensive knowledge in energy law; Nikolay Voynov specialises in cross-border energy projects and Atanas Valov advises power generation and distribution companies – combined they lead the team.