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

Penkov, Markov & Partners
1113 SOFIA


Associated Partner, Practice areas: Real Estate Law, Commercial Contracts and Corporate Law, Insurance Law, Labor and Social Insurance Law, Litigation.


Penkov, Markov & Partners – Associated Partner, since 2018; Penkov, Markov & Partners – Attorney-at-law, since 2011; Penkov, Markov & Partners – Trainee, 2005 – 2010; National moot court competition for cases in Civil and Commercial Law – member of the organization team from 2010; National moot court competition for cases in Civil and Commercial Law – triple winner in the period 2007-2009; Second place at the national individual moot court on Civil Law, organized by ELSA – Bulgaria in 2009; Student association for Civil and Commercial Law with the Faculty of Law of Sofia University “St. Climent Ohridski” – participant and organizer in the period 2007-2009; Awarded with Professor Dr. Vitali Tadjer academic award of Faculty of Law with the Sofia University “St. Climent Ohridski” for 2007-2008.


Bulgarian, English.


Sofia Bar Association


Sofia University St. Kliment Ohridski, Sofia, Master in Law, 2010, Specialization in Legal Practice.

Lawyer Rankings

Bulgaria > Commercial, corporate and M&A

(Rising stars)

Atanas ValovPenkov, Markov & Partners

Bulgaria > Energy and natural resources

Penkov, Markov & Partners demonstrates ‘great experience and industry know-how‘ in energy-related litigation and significant M&A transactions, such as advising CEZ on the closing sale of its subsidiaries to Eurohold for €335m. The team also handles project developments of electricity and gas capacities and supply sources. Vladimir Penkov leads the practice group alongside Atanas Valov, who has ‘wide experience in energy-related litigations, particularly before administrative courts’, and senior associate Nikolay Voynov, who has experience in advising private clients and public entities on diverse energy projects.

Bulgaria > Dispute resolution

Penkov, Markov & Partners has a diverse caseload of high-value disputes arising out of various industries, including the banking and finance, energy, real estate and construction and insurance sectors, among others. An ongoing work highlight includes representing Accession Capital Partners in proceedings for €10m debt collection and insolvency against a Bulgarian corporate borrower. Praised for his ‘strategic vision on the cases he works on’, Atanas Valov leads the practice group and is supported by senior associate Pavel Tsanov, who focuses on insolvency matters.

Bulgaria > Projects and PPP

Penkov, Markov & Partners’ caseload includes project developments in the real estate and energy sectors, as well as advising BGNova on negotiations with a consortium for participation as sub-contractor under road maintenance and reconstruction PPP contracts for the Bourgas region. Real estate and construction specialist Milena Gaidarska jointly leads the practice group alongside head of litigation Atanas Valov. The practice counts Bulgartransgaz, Viraj Group and ČEZ among its key roster of clients.

Bulgaria > Real estate and construction

Commended for its ‘extensive knowledge and know-how in the real estate sector’, Penkov, Markov & Partners has ‘experience in the development of large-scale projects’, including advising Arteks Engineering Group on several high-end residential development mandates, including the €100m Zlaten Vek skyscraper. Milena Gaidarska leads the practice group and is supported by Atanas Valov; both are noted for their capability in ‘construction and project developments of commercial real estate’. The team counts Artstroy Holding Group, Kamsar and SPF Logistic, among its key roster of clients.