The full-service corporate department at Penkova & Partners Law Firm advises on complex transactions across the cybersecurity, fashion, manufacturing and retail industries. The practice also handles a range of commercial matters such as company incorporations and the liquidation of companies. Leading the team, Victoria Penkova represents both domestic and international clients in M&A transactions, restructuring and share transfers, whilst Diana Milkova prepares corporate documents and policies.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • 'Diana Milkova is highly experienced professional in the corporate and commercial field with the ability to provide concise strategic solutions to every problem or situation while considering all possible risks from a commercial and legal standpoint.'
  • 'Yavor Tankov provides solid analytical support and reliably identifies potential issues early in the process. His proactive approach helps us address challenges before they become problems, which keeps our deals on track and on schedule.'
  • 'The team impresses with their ability to handle highly complex matters. They have impressed us with their professional attitude, timely manner of handling all assignments and comprehensive approach. Diana Milkova is very skilled at providing suitable and beneficial to the client solutions to both complex and day-to day matters. She has an innovative approach and looks at any issue at all possible points of view, choosing the best resolution.'
  • 'Our long lasting partner is Diana Milkova and she is great expert with lot of knowledge and experience who can at first glance estimate any potential issue/risk or improvement needed for us from legal stand point. Very responsible and always providing feedback in short time.'
  • 'What sets them apart is a rare blend of intellectual rigor, emotional intelligence, and entrepreneurial spirit. They don’t just solve problems—they anticipate them, challenge assumptions, and build trust through clarity and candor.'
  • 'Diana Milkova and the team were exceptional dealing with our commercial cases and providing us the best results. Diana Milkova is very straightforward about the possible outcomes of every complicated situation and always seemed to be one step ahead in planning our strategy. She understands our business and her proactive approach saves our company time and money.'

Key clients

  • A-LIGN BG EOOD
  • adidas Bulgaria EAD
  • Open Payment Technologies BG Ltd.
  • PayRetailers SOF Ltd.
  • Wallenborn Transports S.A.
  • Barentz-Bulgaria EOOD
  • PKF Bulgaria Ltd.
  • Black Sea Center BSC EAD
  • Atusa Montana International EOOD
  • Berg Montana Fittings EAD
  • EXLService Bulgaria EAD
  • McLarens Bulgaria Service Centre EOOD

Work highlights

Assisting Adecco Bulgaria EOOD with debt collection, developing templates of commercial agreements, reviewing commercial agreements, services agreements, as well as B2B agreements and non-disclosure agreements (NDA).
Advising A-LIGN BG EOOD on its day-to-day business and employment issues, as well as on corporate matters.
Advising PayRetailers on the conclusion of commercial contracts and day-to-day business activities.
Practice head

Victoria Penkova; Diana Milkova

Other key lawyers

Yavor Tankov