Firm Profile > Boyanov & Co. > Sofia, Bulgaria
Boyanov & Co. Offices
82 PATRIARCH EVTIMII BOULEVARD
1463 SOFIA
Bulgaria
Boyanov & Co. > The Legal 500 Rankings
Banking, finance and capital markets Tier 1
Boyanov & Co.’s banking and finance practice advises on many of the largest and most complex transactions taking place in the country, including the sale of Piraeus Bank’s Bulgarian subsidiaries to Eurobank. The team is particularly experienced in acting for the lenders on high-value syndicated financing; in 2019 it assisted with arranging €100m of acquisition financing from a consortium of three banks to two Bulgarian SPVs in under a month. On the borrower side, the firm has advised on project and acquisition financing across a variety of highly regulated sectors, including telecoms and energy. Damian Simeonov, who heads the practice, is highly praised by clients, as is Yordan Naydenov and ‘very knowledgeable’ senior associate Ralitsa Nedkova.
Practice head(s):
Other key lawyers:
Testimonials
“The Boyanov practice is extremely well connected and has good insights beyond the actual legal know how. There is clear leadership and focus.’
Key clients
Citibank
Eurobank Bulgaria
UBS AG
European Investment Fund
Deutsche Bank AG, London Branch (UK)
EBRD
Raiffeisen Bank International AG (Austria)
International Investment Bank
European Investment Bank
Sofia South Ring Mall EAD
UniCredit Bulbank AD
Československá obchodní banka
ITower
NBG Pangaea REIC
I & B Real Estate
Nomura
Credit Suisse Securities (USA) LLC
Credit Suisse AG
Commercial, corporate and M&A Tier 1
The corporate, commercial and M&A team at Boyanov & Co. works closely with the banking and finance practice to advise on many of the largest M&A deals in Bulgaria, including in the highly regulated telecoms and banking sectors. Following on from advising on elements of the transaction, the team is providing ongoing assistance with the integration of Piraeus Bank’s former subsidiaries into Eurobank Bulgaria, following the 2018 merger. The group has expertise in cross-border acquisitions, having advised ATI on its €50m acquisition of Telekom Albania from OTE. Raina Dimitrova and Yordan Naydenov jointly lead the team, while Mihail Vishanin, Ralitsa Nedkova and Svetlina Kortenska are other names to note.
Practice head(s):
Testimonials
‘The team consists of professionals that are competent in many business areas. The team is motivated to render legal support whenever needed respecting the deadlines.’
‘Yordan Naydenov, head of the M&A practice group, is highly recommended.’
‘Extremely well-connected and has good insights beyond the actual legal know-how. There is clear leadership and focus.’
Key clients
Microsoft Corp.
European Investment Fund
Mondelez International
Piraeus Bank SA
National Bank of Greece
Amazon
Eurobank Bulgaria
Inditex / ZARA
Jacobs Douwe Egberts
Dispute resolution Tier 1
Boyanov & Co.’s dispute resolution practice specialises in commercial and civil litigation, with expertise in proceedings arising from insolvencies, employment law, energy, and IP infringements. Kina Chuturkova, who heads the practice, is a former judge of 21 years’ experience and is a qualified arbitrator, with a permanent seat at the Arbitration Court of the Bulgarian Industrial Association. Former partner Boyko Voynov now occupies a consulting role within the practice, continuing to advise clients in the banking sector on long-running and ongoing disputes. Partner Radoslav Alexandrov is experienced in employment and tax litigation, while Dr Nikolay Kolev advises on energy disputes. The firm counts Wizz Air, UBS, Philip Morris and Bayer among its clients.
Practice head(s):
Testimonials
‘The team handling our case was able capable to rapidly learn the intricacies of a pretty unusual business process and drafted a successful statement of claims on our behalf.’
‘The team were highly capable of understanding our business, paid attention to detail, and gave insightful advice.’
Key clients
Eurobank Bulgaria AD
Ideal Standard – Vidima AD
Solvay Sodi AD
EVN
Philip Morris
Bayer
Behr-Hella Thermoconsult EOOD
International Investment Bank
The Coca-Cola Company
UBS
UniCredit Bulbank AD
Markan OOD
Pro Spedition
GI Group
Wizz Air
Energy and natural resources Tier 1
Boyanov & Co. advises on a wide range of energy matters, including assisting with fossil fuel exploration permits, contractual and regulatory issues in the distribution and supply of natural gas, and public procurement processes in the nuclear energy sector. As well as providing regulatory advice, Damian Simeonov, head of the firm’s banking and finance practice, has experience of financing energy projects. The team also handles mergers, acquisitions and unfair competition proceedings pertaining to the energy sector. Alexander Chatalbashev heads up the practice, which counts EVN Energy, Westinghouse Electric and Sunowe Solar GmbH among its clients. Counsel Nikolay Kolev is another name to note.
Practice head(s):
Key clients
EVN Elektrosnabdyavane EAD (Bulgaria)
Westinghouse Electric Sweden AB
EVN Elektrorazpredelenie EAD (Bulgaria)
EVN Trading South East Europe EAD
Sevlievo Gas (Bulgaria)
Sunowe Solar GmbH (Germany)
Societa Petrolifera Mediterranea Srl.
EU and competition Tier 1
Boyanov & Co.’s fields a dedicated EU and competition practice. Led by the ‘strategic and focused’ Peter Petrov, the team principally advises on the competition aspects of mergers and acquisitions, both cross-border and within the country, and has a strong track record in obtaining approvals from the Bulgarian and European competition commissions. In addition to the merger clearance work, the practice has advised clients on unfair competition, cartel activity, and abuse of dominance cases, with a notable focus on IP and trade mark infringement mandates. The firm also advises on day-to-day competition compliance, counting Adidas, Philip Morris and Bayer among its clients.
Practice head(s):
Testimonials
“BOYANOV & Co are one of my preferred outside counsel firms. They are quick, concise, proactive and their expertise is perfectly balanced and diverse.’
Key clients
Procter & Gamble
AbbVie
Novartis
Merck
Philip Morris
EVN
Bayer
Samsung
Unilever
Mondelez (formerly Kraft Foods)
Siemens
Fraport
Medtronic
Adidas
Vaillant
Lundin
Blackstone
Jacobs Douwe Egberts
Healthcare and life sciences Tier 1
Boyanov & Co. handles a wide range of corporate and commercial matters for clients in the pharmaceutical industry. Kina Chuturkova, who advises on mergers, acquisitions, restructurings, contracts and ongoing regulatory compliance, and Peter Petrov, who is a specialist in pharmaceutical regulation, jointly head the practice. The latter acted for the Association of Research-based Pharmaceutical Manufacturers in Bulgaria (ARPharM) on amending proposed changes to the new regulations on biosimilar pharmaceutical products. The firm advises several major pharmaceutical companies on an ongoing basis, including AbbVie, Merck, GlaxoSmithKline and Medtronic. Nedyalka Novakova is another name to note.
Practice head(s):
Key clients
Sanofi Group companies
Neola Pharma EOOD
Actelion Pharmaceuticals Ltd.
Hoffmann La Roche
Alcon
AbbVie
Shire
ARPharM Bulgaria
Bayer
Novartis
Mylan
GSK
Pharmaceutical Research Associates
inVentiv Health Bulgaria
CST Pharma
Celgene Corporation
Merck
Medtronic
Intellectual property Tier 1
Boyanov & Co. advises on the full spectrum of IP matters, with expertise in trade mark portfolio management, patent registration, software licensing arrangements, and trade secrets. The firm’s IP work is supported by experienced litigators; head of the litigation group Kina Chuturkova has experience in acting in contentious matters ranging from unfair competition and trade mark infringements to protecting digital intellectual property against software piracy. Stela Sabeva heads the IP practice and advises on IP management as well as litigating in areas including copyright protection, licensing, and patent infringement. Natasha Andreeva, Rossiza Marinova and Marina Mollova are also key contacts within the practice.Practice head(s):
Other key lawyers:
Key clients
F. Hoffmann-La Roche
Chanel SA
Kaufland
Jacobs Douwe Egberts
Square, Inc.
Philip Morris
GlaxoSmithKline
Porsche Design
Novartis
Metro-Goldwyn-Mayer Studios Inc
Siemens
WD-40 Company
bet365 Group Limited
Real estate and construction Tier 1
The real estate and construction practice at Boyanov & Co. covers long-term lease agreements, due diligence, zoning and planning permissions, construction, and acts for clients in disputes that may arise from such activities. The team is particularly experienced in the commercial aspects of real estate work, advising buyers and sellers on high-value transactions in the sector. The practice is headed up by Nickolay Nickolov, ‘an excellent lawyer’, who worked on the real estate, zoning, and construction aspects of Fraport AG’s bid for the €3.9bn Sofia Airport concession. Senior Associate Iva Miteva is extremely active in the practice, and Svetlana Tsvetkova offers expertise in real estate litigation.
Practice head(s):
Testimonials
‘The team has deep knowledge, valuable experience and professional, legal, and business acumen.’
Key clients
Bulgaria Air Maintenance AD
Behr-Hella Thermocontrol GmbH
Kamenitza AD (a Molson Coors brewing company)
Eurobank Bulgaria AD
Hystead Limited
Baumax Bulgaria OOD
SGRF of Oman
Mondelez International (former Kraft Foods International)
Westinghouse Electric Company
Ideal Standard
NBG Pangaea REIC
Markan Holding
Cleves EOOD
GEK-TERNA Group
Fraport AG
TMT Tier 1
Boyanov & Co. advises major telecoms clients on acquisitions, sales, and mergers. The firm advises clients including Vodafone, and Deutsche Telecom on their activities in Bulgaria. The firm also draws on the strength of its banking and finance practice to co-ordinate syndicated financing for large-scale telecoms mergers. It counts a number of high-profile tech firms among its clients; it performs ongoing regulatory compliance and licence application work for clients such as Lenovo, and Microsoft. Damian Simeonov, co-head of the banking practice, leads the team, with Nikolay Zisov and Ralitsa Nedkova playing key roles in transactions.
Practice head(s):
Testimonials
‘We worked with Boyanov & Co on M&A project and consequent financing package. The coordination of the project was very good, and their expertise was excellent.’
‘Boyanov & Co is a market-leading law firm with vast experience in the TMT sector and with a drive to protect its clients’ needs.’
Key clients
Telekom Albania
Bulgarian Telecommunications Company (Vivacom)
Link Mobility Group
Apple/iTunes
Cisco
Inmarsat Ventures
Microsoft Bulgaria
Samsung
Post acht Beteiligungs GmbH (Austrian Post)
The European Commission
Comverse
Lenovo International
Software Group – BG
Johnson Controls Inc.
Kapsch CarrierCom AG
Google (www.google.com)
AUDI AG
Transport (including shipping) Tier 1
Boyanov & Co.’s transport practice is particularly active in aviation and aviation finance. In recent years, the firm has worked on aircraft lease arrangements and extensions, securitisation of a leased aircraft portfolio, and organising the transactional aspects of aircraft sales. The team, led by Raina Dimitrova, assisted Fraport with its concession bid for Sofia Airport, and counts WizzAir among its clients.
Practice head(s):
Key clients
Dubai Aerospace Enterprise
AerCap
Siemens AG
Macquarie Aircraft Leasing Services (Ireland) Limited
CIT Aerospace (currently Avolon)
Apollo Aviation Group (currently Carlyle Aviation Partners)
BOC Aviation Pte. Ltd. (former Singapore Aircraft Leasing Enterprise Pte. Ltd.)
Wizz Air
Engine Lease Finance Corporation
General Electric Capital Aviation Services
Aviation Capital Group, US
Projects and PPP Tier 2
Boyanov & Co.’s projects practice draws on the strengths of its real estate and energy practices. The team seeks to cover a project throughout its life cycle, including on arranging financing, supporting the lease or acquisition of project land, and advising on all zoning, planning, and construction issues that may arise. The team is jointly led by Alexander Chatalbashev and Nickolay Nickolov. Senior associate Mihail Vishanin provides expertise in public procurement and concession procedures.
Practice head(s):
Key clients
Baumax Bulgaria OOD
Behr-Hella Thermocontrol GmbH
Bulgaria Air Maintenance AD
Cleves EOOD
Eurobank Bulgaria AD
EVN Elektrorazpredelenie EAD (Bulgaria)
EVN Elektrosnabdyavane EAD (Bulgaria)
EVN Trading South East Europe EAD
Fraport AG
GEK-TERNA Group
Hystead Limited (a subsidiary of South African Hyprop Investments Limited and PDI Investment Holdings Limited)
Ideal Standard
Iskander Energy Corp. (Canada)
Kamenitza AD (a Molson Coors brewing company)
Markan Holding
Mondelez International (former Kraft Foods International)
NBG Pangaea REIC
Nomura
Park Place Energy Corp. (Canada)
Sevlievo Gas (Bulgaria)
SGRF of Oman
Societa Petrolifera Mediterranea Srl.
Sunowe Solar GmbH (Germany)
Westinghouse Electric Company
Embassy of Peoples Republic of China
Silver Star group of companies (subsidiaries of Parkview International, Inc.)
Trelleborg Sealing Solutions Bulgaria
Boyanov & Co. > Firm Profile
The firm: BOYANOV & Co. is recognised as a top business law firm for doing business in South East Europe. Since 1990 the firm has advised on numerous landmark transactions in Bulgaria. Clients exceed 4,000 and include large local and foreign businesses and organisations, IFIs and governments. The firm has consistently been ranked by all major legal directories as a market leader for the excellence of its services, drawing on years of experience in a wide variety of areas of law, and the brilliance of its professionals.
The firm has established itself as a regional player in South East Europe and it won the Law Firm of the Year for Eastern Europe and the Balkans at The Lawyer European Awards.
Areas of practice: BOYANOV & Co. provides a broad range of legal services with particular strength in M&A, corporate, banking and finance, restructuring, energy and natural resources, TMT, intellectual property, competition, real estate, and dispute resolution.
Its experience in industries as diverse as aviation, banking and insurance, branded goods, food and beverages, manufacturing, pharmaceuticals, retail and wholesale trade and distribution, mining, telecommunications, IT and media allows it to have unique insight and sound knowledge of its clients’ businesses, and their respective markets, as well as the ability to transfer successful solutions across borders.
With ten partners heading various specialised practice areas and a pool of talented and devoted associates, BOYANOV & Co. is capable of putting together strong interdisciplinary teams that can handle complex legal assignments, ranging from major M&A or financial transactions to complex litigation or competition cases, in a timely and cost-efficient manner oriented at delivering solutions.
Being the founders of legal institutions such as the Legal Development Foundation, and the Balkan Legal Forum, BOYANOV & Co. strives to assist in the formation of a new generation of modern lawyers in Southeastern Europe, holding the highest ethical standards and professionalism. An illustration of these efforts is the Balkan Legal Forum, initiated by the firm in 2000 and supported by the International Bar Association, which became “the most important legal event in the region”. BOYANOV & Co. is also the initiator and co-founder of the South East Europe Legal Group – the largest and longest-running legal service provider in SEE – www.seelegal.org.
Main Contacts
Department | Name | Telephone | |
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Corporate, M&A | Yordan Naydenov | y.naydenov@boyanov.com | +359 28 055 055 |
Finance | Damian Simeonov | d.simeonov@boyanov.com | +359 28 055 055 |
Energy and Natural Resources | Alexander Chatalbashev | a.chatalbashev@boyanov.com | +359 28 055 055 |
Commercial | Raina Dimitrova | r.dimitrova@boyanov.com | +359 28 055 055 |
Competition and Antitrust | Peter Petrov | p.petrov@boyanov.com | +359 28 055 055 |
Real Estate and Infrastructure | Nickolay Nickolov | n.nickolov@boyanov.com | +359 28 055 055 |
Dispute Resolution | Kina Chuturkova | k.chuturkova@boyanov.com | +359 28 055 055 |
Intellectual Property | Stela Sabeva | s.sabeva@boyanov.com | +359 28 055 055 |
IT, Telecommunications and Media | Ralitsa Nedkova | r.nedkova@boyanov.com | +359 28 055 055 |
Banking | Svetlina Kortenska | s.kortenska@boyanov.com | +359 28 055 055 |
Employment | Radoslav Alexandrov | r.alexandrov@boyanov.com | +359 28 055 055 |
Lobbying and public affairs | Borislav T Boyanov | b.boyanov@boyanov.com | +359 28 055 055 |
Tax | Ivaylo Angelov | i.angelov@boyanov.com | +359 28 055 055 |
Restructuring and insolvency | Ass.Prof. Dr. Nikolay Kolev | n.kolev@boyanov.com | +359 28 055 055 |
Lawyer Profiles
Photo | Name | Position | Profile |
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Mr Radoslav Alexandrov | Partner; Head of Employment | View Profile |
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Mr Ivaylo Angelov | • Senior Associate, Tax;• Direct taxes, indirect taxes, international tax, transfer pricing,… | View Profile |
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Mr Borislav Boyanov | • Managing Partner, BOYANOV & Co. | View Profile |
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Mr Alexander Chatalbashev | • Partner, Head of Energy & Natural Resources • Corporate, regulatory, energy… | View Profile |
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Mrs Kina Chuturkova | • Partner, Head of Dispute Resolution • Litigation, Arbitration, Contracts, Pharma, IP… | View Profile |
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Ms Raina Dimitrova | • Partner, Head of Commercial • Aircraft finance, commercial, procurement, TMT. | View Profile |
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Ms Violeta Kirova | Senior associate; Employment, Corporate, Commercial, Dispute Resolution | View Profile |
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Dr Nikolay Kolev | Counsel; Corporate, Dispute Resolution, Commercial, Private clients. | View Profile |
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Ms Svetlina Kortenska | Counsel; Banking, Corporate, Capital markets, Energy and natural resources. | View Profile |
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Ms Iva Miteva | Senior Associate; Property, Corporate, Commercial, Dispute Resolution. | View Profile |
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Mr Yordan Naydenov | • Partner, Head of Corporate and M&A;• Corporate law, Mergers and acquisitions,… | View Profile |
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Ms Ralitsa Nedkova | Senior Associate; Finance, TMT, M&A, Corporate. | View Profile |
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Mr Nickolay Nickolov | • Partner, Head of Real Estate & Infrastructure;• Real estate and infrastructure,… | View Profile |
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Mr Borislav Notovsky | • Senior Associate;• Corporate, Commercial and Real estate law, Mergers and acquisitions; | View Profile |
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Mr Peter Petrov | • Partner, Head of Competition and Antitrust;• Commercial, Competition, Corporate, Financial markets,… | View Profile |
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Mr Damian Simeonov | • Partner, Co-Head of Banking & Finance• Finance, M&A, TMT, Foreign Investments,… | View Profile |
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Mr Boris Smolyanov | • Senior Associate• Corporate law, regulatory law, data privacy, consumer protection.• Ongoing… | View Profile |
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Mr Nikolay Zisov | Partner; Corporate, Company law, M&A, Foreign Investments, IT, TMT, IP. | View Profile |
Staff Figures
Number of lawyers : 46Languages
Bulgarian English French German Russian SpanishMemberships
SEE Legal Group World Services Group American Chamber of Commerce in Bulgaria German-Bulgarian Chamber of Commerce the Bulgarian Chamber of Commerce and Industry Indian-Bulgarian Business Chamber the Maltese Bulgarian Business Chamber ABA (American Bar Association) IBA (International Bar Association)Other
Contact : Borislav T BoyanovClient Testimonials
CLIENT: Sebastian Lawson
COMPANY/FIRM: Freshfields Bruckhaus Deringer LLP
TESTIMONIAL: By far the most professional law firm in the Bulgarian legal market. When it comes to getting the top quality local law advice and quality of service our clients demand, these are the guys you always want on your side.
CLIENT: EUROBANK ERGASIAS S.A.
TESTIMONIAL: Boyanov & Co has always proved to be a top-notch team providing high-level services, always under demanding timetables. They have always been responsive and flexible, demonstrating a great depth of experience that helps the client maneuver in the local environment. The balanced combination of sound legal advice and commercial thinking, the key attributes when it comes to the selection of legal advisors, render Boyanov & Co a valuable partner on the local market.
CLIENT: Crowe Bulgaria Advisory Ltd.
TESTIMONIAL: During our long-standing collaboration, Boyanov & Co proved to be an irreplaceable and inestimable partner for our company as well as for our clients. The team’s outstanding professionalism, the dedication to deliver exceptional results and multifaceted experience with complex cases is a combination that puts Boyanov & Co among the leading companies in the field of legal advice.
Diversity
As a law firm with 30 years’ experience serving international clients, BOYANOV & Co. is committed to a professional workforce that reflects the rich cultural, religious and ethnic diversity of its clientele. The firm believes that diversity allows its workforce to be more creative, flexible and produce innovative legal and business solutions.
BOYANOV & Co. encourages diversity through its actions designed to foster and promote a nurturing, respectful and supportive working environment, an atmosphere that values the free and open exchange of ideas and beliefs.
Characteristics that make the firm diverse include, but are not limited to, age, gender, religious beliefs, and marital status.
BOYANOV & Co. was awarded ‘Best in Bulgaria at European Women in Business Law Award’ at Euromoney Legal Media Group’s second annual Europe Women in Business Law Awards. The Award celebrates the achievement of BOYANOV & Co. in setting the standard in terms of female-friendly work practice and women leading the field inthe legal sector in Bulgaria. Moreover, Borislav Boyanov, managing partner at BOYANOV & Co., has been shortlisted at an international Diversity & Inclusion Awards for Europe 2019 in the category Pro Bono Lawyer of the Year. This nomination has recognised Mr. Boyanov for being a true diversity and inclusion pioneer for the legal profession.
Finally, at the large international forums and conferences organised by BOYANOV & Co. within the last 20 years, such as the Balkan Legal Forum, and IT Hub Connect, topics such as diversity, rule of law and morale were
discussed. The firm is also participating in roundtable discussions on diversity within the framework of the initiatives organised by the British Chambers of Commerce, the American Chamber of Commerce, the IndianBulgarian and Maltese-Bulgarian Business Chambers, the Bulgarian Private Equity and Venture Capital Association, and the Association of Honorary Consuls in Bulgaria, to which BOYANOV & Co. is a leading member.