Ms Miglena Peneva > Georgiev, Todorov & Co > Sofia, Bulgaria > Lawyer Profile

Georgiev, Todorov & Co
1000 SOFIA

Work Department

Real estate and Construction, Dispute Resolution, Public Procurement


Senior Partner, Head of Real Estate Department

Practice areas: Real Estate and Construction, Territorial Planning, Concessions, Public Procurement, Dispute Resolution


Miglena Peneva joined Georgiev, Todorov & Co. in 2007. She has graduated from Sofia University “St. Kliment Ohridski”, Faculty of Law in 2002 and did a traineeship in the Court of Justice of the European Communities, Luxembourg in 2007.

From 2002 to 2004 she worked as a State property expert at the Ministry of Regional Development and Public Works.

She specializes in the area of real estate and construction, territorial planning, state and municipal property, civil and administrative litigation relating to immovable property.

Miglena has provided legal consultancy on complex major projects in Bulgaria – she has been involved in the due diligence report of the biggest real estate company in Bulgaria – Sofia Properties on behalf of Sofia Privatization Agency, as well as advised on the privatisation of the only film studio in Bulgaria – Nu Film Studios Boyana. She currently provides legal consultancy to key players on the Bulgarian market such as AG Capital and the companies from its group, BMF Port Burgas, G.P. Group, Advance Properties, National Association of Property Developers, Bulgarian Posts, etc. In addition, she is the main legal advisor of numerous Bulgarian municipalities, protecting their interests before the court for financial corrections in relation to EU projects.

In 2013, Peneva advised the European Parliament and the European Commission on the acquisition of the European Union’s iconic building in Sofia. Due to the client’s satisfaction with the services provided, she still advises the two institutions on their real estate matters in Bulgaria.

In the period 2004-2020 Miglena has repeatedly participated in the work on drafting and amending regulations, including the State Property Act, the Municipal Property Act, the Spatial Planning Act and the Sofia Municipality Structure and Construction Act.


She is fluent in English, French and her native Bulgarian.


Ms. Peneva has been registered with Sofia Bar Association in 2006.

She is a member at the Bulgarian Assiciation for EU Law since its establishment.


Sofia University, Faculty of Law

Lawyer Rankings

Bulgaria > Real estate and construction

(Leading individuals)

Miglena PenevaGeorgiev, Todorov & Co

Combining its ‘specific expertise in the field of real estate’ and ‘exceptional litigation skills’, Georgiev, Todorov & Co represents its roster of clients, including AG Capital, Contract City and Tobo Group, in high-end disputes and has demonstrable experience in development and transactional matters. Litigator Miglena Peneva leads the practice group, which includes associate Toma Drashkov, and has impressed clients with her ‘in-depth knowledge’ of real estate projects. The team’s caseload includes defending Business Park Sofia in relation to an amendment to the territorial plan for its real estate properties.

Bulgaria > Transport (including shipping)

Counting BMF Port Burgas, BalkanTel and KG Maritime Shipping among its key list of clients, Georgiev, Todorov & Co’s diverse caseload includes project developments, public procurements and concessions, in addition to the implementation of policies and litigation. Alexander Pachamanov leads the practice group and focuses on regulatory, corporate and competition matters in this space, while real estate and construction partner Miglena Peneva handles major infrastructure projects. Tsvetelina Dimitrova, who advises clients across the shipping and vehicle manufacturing industries, is a key member of the team.

Bulgaria > Projects and PPP

Georgiev, Todorov & Co counts investors, municipalities and companies, including Vatia Holding, G.P. Group and Galchev Engineering, among its roster of clients and advises on infrastructure and real estate projects, including public procurement, due diligence, planning and development, and construction. ‘Goal-driven professional’ and practice leader Miglena Peneva specialises in real estate and construction projects, while Arno Mamasyan provides representation to clients, such as Galchev Engineering, in disputes.

Bulgaria > Banking, finance and capital markets

Georgiev, Todorov & Co provides representation to major banks, including the Bulgarian National Bank, in high-stakes disputes and assists asset and wealth management firms in transactions and regulatory matters. The team is led by Arno Mamasyan, who recently represented the International Asset Bank in a €20m dispute regarding the execution of special pledges and acquisition of properties. Miglena Peneva focuses on real estate finance mandates, as well as the financing aspects of EU projects. Mariya Derelieva and Tsvetelina Dimitrova remain key contacts in the team.