Firm Profile > Dinova Rusev & Partners > Sofia, Bulgaria

Dinova Rusev & Partners
1000 SOFIA

Projects and PPP Tier 1

Dinova Rusev & Partners' experience encompasses greenfield development projects, financing issues and PPP matters with notable expertise in the energy and mining sectors. Recent highlights include advising Bulgarian Energy Holding on the financing of the South Stream pipeline project, and assisting Imerys Minerals Bulgaria with issues relating to its mining projects in Bulgaria. Anelia Dinova leads the department, which also includes regulatory expert Milen Rusev, real estate project specialist Georgi Vladov, and Iliya Grozdanov, who focuses on the energy sector.

Banking, finance and capital markets Tier 2

The ‘highly professional and business-oriented’ team at Dinova Rusev & Partners acts ‘with real care for its clients’ needs’; it assists financial and payment institutions with debt restructuring, bond issuances and syndicated facility agreements, as well as providing compliance advice. Department head Diana Valkova, who focuses on financial transactions and security-related work; Anelia Dinova, who acts on complicated financing and debt restructuring agreements; and Georgi Vladov, who specialises in advising on syndicated loans and regulatory compliance, are recommended.

Commercial, corporate and M&A Tier 2

Dinova Rusev & Partners recently advised on deals in the food and beverage, mining, logistics and consumer goods sectors, among others. Major clients include Sephora, Marks & Spencer, McDonald's and 3M. Team head Anelia Dinova, who focuses on foreign investments, and Iliya Grozdanov, who has experience in structuring, drafting and negotiating various types of commercial agreements, are noted. Georgi Vladov advised an international private equity fund on the sale of one of the largest shopping centres in Sofia for €156m.

Dispute resolution Tier 2

Dinova Rusev & Partners specialises in energy and environmental disputes. In a recent highlight, Iliya Grozdanov acted on behalf of a major international corporation in the renewable energy sector in an investor-state dispute over a breach of the fair and equitable treatment clause of the Energy Charter Treaty. Konstantin Stambolov heads the team.

Energy and natural resources Tier 3

Dinova Rusev & Partners's team is led by Iliya Grozdanov, who advises on renewable and conventional energy matters; he recently defended Kaliakra Wind Power against a €3m claim by the National Electricity Company relating to the payment of balancing charges, which set a precedent in Bulgarian case law. Litigator Konstantin Stambolov and recently promoted senior associate Radoslav Zahariev, who specialises in electricity issues, are also key contacts. Other major clients include Mitsubishi Heavy Industries and Bulgarian Energy Holding.

EU and competition Tier 3

Dinova Rusev & Partners has a ‘personal approach’ towards its clients and shows ‘the utmost level of care, understanding and diligence’ when advising on abuse of dominant position, unfair competition and misleading advertising matters. Department head Milen Rusev advises on complex M&A deals from a competition perspective, and Iliya Grozdanov is ‘very responsive and dedicated’. The team acted for Eko Bulgaria in proceedings before the Bulgarian competition authority regarding a possible cartel in the motor fuel retail sector, where the client faced a fine of €30m. Sofia South Ring Mall and Sephora are also major clients.

Real estate and construction Tier 3

Dinova Rusev & Partners has expertise in real estate matters involving large-scale shopping centres, as well as secured debt restructuring. Department head Georgi Vladov advises on construction-related projects and sale-purchase transactions for shopping malls, and the lease of office areas; Anelia Dinova focuses on inward investment matters; and senior associate Gergana Chushkova  has litigation experience. Major clients include Sofia South Ring Mall, Telerik and Ikea/House Market Bulgaria. The firm advised Assos Capital and AP Retail on the €156m sale of The Mall to Balkan Retail.

Transport (including shipping) Tier 3

Georgi Vladov leads the department at Dinova Rusev & Partners and has substantial experience in transport projects, shipping disputes and restructuring matters; the group also fields senior associates Ivelina Cherneva and Gergana Chushkova. The team also has notable shipping expertise and counts Economou Shipping Group, Crup and Enteria as clients.

Department Name Email Telephone
Banking and finance Diana Valkova
Banking and finance Georgi Vladov
Capital markets Diana Valkova
Company and commercial, M&A Anelia Dinova
Company and commercial, M&A Milen Rusev
Competition and antitrust Milen Rusev
Dispute resolution Konstantin Stambolov
Employment Vesela Kabatliyska
Energy and environment Iliya Grozdanov
Real estate and construction Georgi Vladov
Real estate and construction Anelia Dinova
Shipping Georgi Vladov
TMT Milen Rusev
Photo Name Position Profile
Ms Gergana Antonova  photo Ms Gergana Antonova
Ms Ivelina Cherneva  photo Ms Ivelina Cherneva
Ms Gergana Chushkova  photo Ms Gergana Chushkova
Ms Anelia Dinova  photo Ms Anelia Dinova
Ms Maria Grigorova  photo Ms Maria Grigorova
Mr Iliya Grozdanov  photo Mr Iliya Grozdanov
Mr Hristian Gueorguiev  photo Mr Hristian Gueorguiev
Ms Vesela Kabatliyska  photo Ms Vesela Kabatliyska
Ms Dilyana Krasteva  photo Ms Dilyana Krasteva
Mr Yordan Minkov  photo Mr Yordan Minkov
Mr Milen Rusev  photo Mr Milen Rusev
Mr Yanislav Stamatov  photo Mr Yanislav Stamatov
Mr Konstantin Stambolov  photo Mr Konstantin Stambolov
Ms Maya Todorova  photo Ms Maya Todorova
Ms Kristina Tsankova  photo Ms Kristina Tsankova
Ms Diana Valkova  photo Ms Diana Valkova
Mr Georgi Vladov  photo Mr Georgi Vladov
Mr Radoslav Zahariev  photo Mr Radoslav Zahariev
Number of lawyers : 20
Contacts : Anelia Dinova (
Contacts : Milen Rusev (
Contacts : Diana Valkova (
Contacts : Georgi Vladov (
Contacts : Iliya Grozdanov (
Contacts : Konstantin Stambolov (