Boyanov & Co.

Sofia Office

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Managing Partner: Borislav Boyanov
Number of partners: 10
Number of lawyers: 46
Languages:Bulgarian, English, French, German, Russian, Spanish

Firm Overview:
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. Boyanov & Co. is the initiator and co-founder of SEE Legal — a leading regional service provider (

Main Areas of Practice:

Banking & Finance:
5 partners, 10 fee earners
Recently advised on:
■UniCredit and BNP Paribas on a EUR 100 million financing for the acquisition of Nova TV (one of the largest media groups in Bulgaria)
■The sponsor on a EUR 58 million financing of the construction of the first Marriott hotel in Sofia
■The buyer on a EUR 48 million financing for the acquisition of Telecom Albania from Deutsche Telekom
■Eurobank Bulgaria on a EUR 65 million sale of a real estate loan portfolio
■UniCredit Bulbank on a EUR 44 million financing of the construction of office buildings
■Deutsche Bank and Nomura as arrangers of financing for the potential EUR 330 million acquisition by Eurohold of the Bulgarian business of CEZ
Key Clients: Citibank, Eurobank, UniCredit, Deutsche Bank, Nomura, Raiffeisenbank, IIB, EIB, Commerzbank
Contact: Damian Simeonov
Email: [email protected]

2 partners, 3 fee earners
Successfully advised:
■Lundin Mining Corporation in relation to obtaining merger clearance for its acquisition of the Chapada copper and gold mine from Yamana Gold
■Unilever, owning the Algida ice cream brand, in relation to its acquisition of its local competitor Sladoledena Fabrika, owning the Denny brand
■Blackstone Group in relation to its acquisition of Essel Propack Limited
■A leading European airport operator (Fraport) on its participation in the bid to acquire a concession of Sofia Airport
■LINK Mobility Group in obtaining merger clearance for its proposed acquisition of certain assets of Allterco
■Indorama in relation to its planned acquisition of Sinterama
Key Clients: AbbVie, Apple, Bulgaria Air, EVN, Fraport, Jacobs Douwe Egberts, Microsoft, Novartis, Procter & Gamble, Philip Morris, Siemens
Contact: Peter Petrov
Email: [email protected]

Corporate & M&A:
5 partners, 13 fee earners
Recently advised:
■Fraport AG on a tender procedure for grating concession for the Sofia Airport. Expected total concession fee value - above EUR 3.5 billion
■On the sale of Piraeus Bank Bulgaria to Eurobank Bulgaria, including the pre-closing spin-off of part of the target’s business that remained with Piraeus Group
■On the merger of Piraeus Bank Bulgaria into Eurobank Bulgaria following the successful closing of the acquisition
■The buyer on the EUR 50 million acquisition of Telekom Albania from Deutsche Telekom
■The Bulgarian subsidiary of the Greek GEK Terna on the sale of its office building in Sofia
Key Clients: Microsoft, Samsung, Sony, CVCI, Philip Morris, Coca-Cola, AWAS, Mondelēz, Schreiber Foods, Molson Coors, UniCredit, Piraeus Bank, Eurobank Greece
Contact: Yordan Naydenov
Email: [email protected]

Energy & Natural Resources:
2 partners, 5 fee earners
Recently advised:
■Clients in relation with the new NPP Belene project
■Local gas distribution company on various regulatory and contractual matters
■EVN on a complex contentious matter involving regulatory disputes with the National Electricity Company and the State Energy and Water Regulatory Commission
■A US company on the procedures for obtaining of gas exploration rights
■A foreign company on the sale of local PV plants by enforcing security rights over the business
Key Clients: EVN, Westinghouse, Sunowe Solar GmbH, Societa Petrolifera Mediterranea Srl, Mingyang Smart Energy
Contact: Alexander Chatalbashev
Email: [email protected]

Intellectual Property:
2 partners, 4 fee earners
■Eurobank Bulgaria on trademark prosecution matters
■Square, Inc. in a design enforcement case
■Jacobs Douwe Egberts in unfair competition proceedings
■F. Hoffmann-La Roche on management of patent portfolio
■Chanel on the protection against online sale of counterfeit goods bearing the client’s trademarks
■The official agent for Bulgaria of IP Centrum
Key Clients: Kaufland, Novartis, WD-40 Company, Philip Morris, Porsche Design, bet365 Group, Monster Beverage Corporation
Contact: Stela Sabeva
Email: [email protected]

Dispute Resolution:
2 partners, 6 fee earners
■The Bulgarian subsidiaries of the Italian GI Group in eight interrelated court cases
■Eurobank Bulgaria AD in several complex commercial cases and more than 60 consumer protection cases
■International Investment Bank on complex litigations and bankruptcy proceedings
■An international low-cost airline on appeals concerning airport charges at Sofia Airport
■Two companies in disputes with the Guarantee Fund about guaranteed amounts of deposits in a bankrupt bank
Key Clients: Eurobank, EVN, UBS, Ideal StandardVidima, Sanofi, UniCredit, IIB, Bayer
Contact: Kina Chuturkova
Email: [email protected]

Real Estate & Infrastructure:
2 partners, 4 fee earners
■The leading Greek company NBG Pangaea REIC on the acquisition of I&B Real Estate AD (owner of City Tower) – the second largest transaction on the Bulgarian office properties market in the last 10 years
■ITower Development on the construction of a huge building, designated for a Marriott hotel, high-end residential apartments, and office centre
■Indotek Group – a leading Hungarian investment group of companies for the purchase of Mall Plovdiv
■The new general distributor of Mercedes for Bulgaria on the acquisition of land and construction of a new service centre, office buildings and showroom for Mercedes
■Hewlett-Packard Global Delivery Bulgaria Center on a long term lease of an entire build to suit office building in the process of development
■Markan Holding on all aspects of the construction of a brand new luxury golf course with a 5 stars hotel and structuring the subsequent sale of residential units
■A Swiss pharmaceutical company for the purchase of a part of an office building still under construction
Key Clients: NBG Pangaea REIC, Hyprop Investments Ltd, SGRF, Bulgaria Air Maintenance AD, Cleves EOOD, Markan Holding, Behr-Hella Thermocontrol GmbH, Eurobank, Fraport AG, GEK Group
Contact: Nickolay Nickolov
Email: [email protected]

1 partner, 3 fee earners
Recently advised:
■An IT large international company on meetings with the tax authorities as well as with other large corporations in relation to new amendments in the Bulgarian tax legislation and their application in practice
■Kamenitza on a wide range of tax issues, including general corporate tax and international tax as well as assistance in disputes with the tax authorities
■Ideal Standard - Vidima before the tax authorities during a tax audit
Key Clients: Business Park Sofia, Ideal Standard - Vidima, Kamenitza, Service Source
Contacts: Yordan Naydenov, Ivaylo Angelov
Emails: [email protected]; [email protected]

1 partner, 3 fee earners
Recently advised:
■On the acquisition of Telekom Albania from OTE (Deutsche Telekom)
■The lenders that financed the acquisition of Telenor by PPF in several CEE countries
■Link Mobility Group ASA (Norway) on the acquisition of a SEE mobile messaging company
■Inmarsat Ventures on regulatory matters related to its mobile satellite services
Key Clients: Apple/iTunes, Telefonica International, Cisco, Microsoft, Samsung, the European Commission, Comverse, Verizon Communications Inc.
Contacts: Damian Simeonov, Ralitsa Nedkova
Emails: [email protected]; [email protected]