Borislav Boyanov & Co. successfully defended global pharmaceuticals manufacturer Novartis against allegations brought by a local pharmaceutical distributor of impeding that distributor’s participation in hospital tenders. Upon review of the case, the competition authority found that the claimed infringement was not committed and rejected the complaint. Copyright picture: Novartis
Boyanov & Co. represented Doka, a worldwide producer and supplier of advanced construction formwork, based in Austria, in a proceeding before the Commission for the Protection of Competition, brought by a major international competitor, on allegations of unfair competitive practices and on know-how related grounds. By a decision of December 8, 2011 the competition authority […]
Boyanov & Co. advised NIS Petroleum – the Serbian vertically integrated incumbent petrol and gas supplier, on the merger control aspects of the set-up of its gas stations network in Bulgaria. The network is to be set-up by way of acquisitions of a number of independent gas stations. Copyright picture: NIS […]
The US company AES Solar (through its Bulgarian arm AES Solar Bulgaria) has started construction of a 20.6MW photovoltaic park near the Danube city of Silistra in Bulgaria. The park will be funded with EUR 48 million from Societe Generale Expressbank, the bank announced on Wednesday. “We managed to create a suitable model for providing […]
The Supreme Administrative Court has quashed the decision of the Commission for the Protection of Competition by which it imposed a sanction on a local manufacturer, for organising, as part of a promotion, a creative competition among high school classes for the best mini-website, the prize for which was a trip to the USA for […]
Bulgaria’s final instance of judicial review the Supreme Administrative Court definitively confirmed the Bulgarian competition authority’s decision rejecting an abuse of dominance complaint brought by Bulgaria’s incumbent telecom BTC/Vivacom against CableTel, now Blizoo Media and Broadband. The complaint was based on the fact that CableTel/Blizoo required subscribers wishing to use one of its digital services […]
BOYANOV & Co. prepared for Wells Fargo a survey of the applicable regulatory requirements in Bulgaria in respect of products and services which Wells Fargo may offer in Bulgaria. Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores and […]
Boyanov & Co. successfully defended Blizoo Media and Broadband, a major local Pay-TV, internet and telephony operator, against a complaint brought before the Bulgarian competition authority by a competitor in connection with alleged illegal bundling and pricing below cost of Pay-TV, internet and telephony services. By a decision of October 25, 2011 the competition authority […]
By a decision of October 13, 2011 the Commission for the Protection of Competition unconditionally authorised Unilever’s acquisition of Darko’s ice cream business. Darko is a manufacturer and brand owner of some of the best known local ice cream brands in Bulgaria. While Unilever has a strong presence worldwide in ice cream with brands such […]
In 2010 Boyanov & Co. successfully obtained merger clearance for a major German food retailing chain, relating to the acquisition of the local assets of another international food retailer, active in Bulgaria. The case was referred from the European Commission to the Bulgarian competition authority following a request made under Art. 9 of the EU […]
Borislav Boyanov & Co. successfully defended global pharmaceuticals manufacturer Novartis against allegations brought by a local pharmaceutical distributor of impeding that distributor’s participation in hospital tenders. Upon review of the case, the competition authority found that the claimed infringement was not committed and rejected the complaint. Copyright picture: Novartis
Borislav Boyanov & Co. represented and advised Constantia Packaging (www.constantiapackaging.com), a leading international manufacturer of packaging, corrugated board and aluminium products in respect of the merger clearance of its acquisition of ASAS, a leading Turkish manufacturer of flexible packaging, active in Bulgaria. The Commission for the Protection of Competition unconditionally cleared the merger. Borislav Boyanov […]
The European Investment Fund (EIF) signed today, 14.07.2011, at an official ceremony at Sheraton Sofia Hotel Balkan five guarantee agreements with Bulgarian banks under the Joint European Resources for Micro to Medium Enterprises (JEREMIE) initiative. Under the said agreements the JEREMIE Initiative will support the selected banks to provide up to EUR 400 million of […]
On June 17, 2011, following receipt of the relevant competition and regulatory clearances, Allied Irish Banks, p.l.c. (”AIB”) sold its entire stake of 49.99% in the Bulgarian-American Credit Bank (“BACB”) to CSIF AD. Borislav Boyanov & Co. acted as counsel to the seller, AIB, on all aspects of the transaction. As part of the deal […]
BOYANOV & Co. advised UniCredit Bank AG on a EUR 150 million revolving facility agreement in respect of a German group of companies. Clifford Chance was the leading adviser on the deal. BOYANOV & Co.’s team was led by the partner Raina Dimitrova. Copyright picture: UniCredit Bank AG
By a judgment of 7 June 2011 the Administrative Court – Sofia ruled in favour of The Coca-Cola Company (TCCC), represented by Borislav Boyanov & Co. and rejected the appeal of the Bulgarian company Nova Trade EOOD against the decision of the Bulgarian Patent Office (BPO) not to grant the application for registration of the […]
The Bulgarian competition regulator today issued a decision rejecting the complaint of Geocommerce OOD – a transportation company operating bus lines on the territory of the Ruse Municipality, against the other two transportation companies of Ruse – Egged Bulgaria EAD and Egged Ruse AD in respect of allegations of unfair competition because of financing provided […]
The Bulgarian competition regulator today issued a decision rejecting the complaints of two Pay-TV operators of Sofia and Plovdiv, against Pay-TV, internet and telephony operator Blizoo Media and Broadband in respect of allegations of predatory pricing of some of their services and packages. After reviewing the complaints on their substance, the Commission for the Protection […]
Borislav Boyanov & Co. advised its long-standing client and world leading manufacturer of bath and kitchen products, Ideal Standard International, on the consolidation of its Bulgarian businesses. On 31 January 2011, our team, led by Yordan Naydenov (Partner) and with the active participation of Radoslav Alexandrov (Associate), successfully closed a complex merger between one of […]
The Commission for the Protection of Competition issued information that following a preliminary investigation it intends not to initiate proceedings in respect of allegations of pricing below cost by a major food retailer in Bulgaria. Selling of significant quantities of goods for extended periods of time below their production and marketing cost is a standalone […]