Mr Nikolai Gouginski > Djingov, Gouginski, Kyutchukov & Velichkov > Sofia, Bulgaria > Lawyer Profile

Djingov, Gouginski, Kyutchukov & Velichkov
1000 SOFIA
Nikolai Gouginski photo

Work Department

Banking and Finance Practice Group; Competition Practice Group, Project Finance Practice Group.


Partner, working in the competition law, EU and regulatory, project finance, secured lending, foreign direct investment, private international law, international trade, mergers and acquisitions practice areas.


Nikolai is a partner in the law firm heading the Competition and EU regulatory practice and co-heading the Banking and Finance and project finance groups. He has significant experience advising many multinational and Bulgarian clients from various industries on all aspects of merger control, cartel investigations, horizontal and vertical restraints on trade, abuse of dominant position, regulatory issues or project finance matters.


Bulgarian, English


Sofia Bar Association; International Bar Association American Bar Association; Union Internationale des Avocats


The George Washington University, National Law Center, Washington, DC (LL.M. International and Comparative Law, With Highest Honours, 1999); University of Sofia, Faculty of Law (LL.M., 1995)

Lawyer Rankings

Bulgaria > EU and competition

(Leading individuals)

Nikolai GouginskiDjingov, Gouginski, Kyutchukov & Velichkov

Djingov, Gouginski, Kyutchukov & Velichkov assists some of the world’s best-known companies, such as Apple, BMW, DaimlerChrysler and British American Tobacco, with their Bulgarian competition and antitrust matters. The practice encompasses cartel investigations, abuse of dominant position, merger control, restraints on trade, unfair trade practices and state aid. It is led by one of the most experienced competition practitioners in the jurisdiction, Nikolai Gouginski. TMT and corporate partner Violetta Kunze co-leads; respected senior associate Anton Petrov moved to Kinstellar  as Of Counsel.

Bulgaria > Projects and PPP

Djingov, Gouginski, Kyutchukov & Velichkov delivers an ‘unmatched level of quality‘ due to its market experience and large team, led by heavy-hitters from across they firm: public procurement and energy partner Milan Pandev, arguably the top professional in Bulgaria in the projects sphere; real estate and construction leading individual Stephan Kyutchukov (‘an outstanding professional with a visionary approach to every transaction’); and pre-eminent finance lawyer Nikolai Gouginski. Notably, the firm acts on both the sponsor and financing side of significant concessions and PPP projects.

Bulgaria > Banking, finance and capital markets

(Hall of Fame)

Nikolai GouginskiDjingov, Gouginski, Kyutchukov & Velichkov

With a strong track record of deal ‘firsts’ in Bulgaria, Djingov, Gouginski, Kyutchukov & Velichkov fields one of the largest, specialist finance teams in the market. Some 14 lawyers, includng four partners, are jointly led by the pre-eminent project finance and international lending expert  Nikolai Gouginski; Georgi Tzvetkov, strong in both regulatory matters and transactions; and Vessela Stancheva-Mincheva, who heads up capital markets and insurance. Stephan Kyutchukov completes the partner team and leads on real estate finance. Clients include international investment banks, global funds and domestic lenders.