BOYANOV & Co. advised OTP Bank Plc (Hungary) and DSK Bank AD (its Bulgarian subsidiary) on a EUR 27.6 million club deal financing of MET Renewables AG (Switzerland) for the acquisition from Enel (Italy) of a 42MW wind park in Northeast Bulgaria (one of the first and largest wind power plants in Bulgaria). MET Group is […]
BOYANOV & Co. and KALO & ASSOCIATES advised Albania Telecom Invest (Bulgaria) (“ATI”) and One Telecommunications SHA (Albania) (“One”) on the refinancing of a EUR 48.5 million acquisition loan from First Investment Bank (Bulgaria) used by ATI in 2019 to acquire a controlling stake in One (previously Telekom Albania) from OTE. The refinancing loan is made by […]
On 10 June 2021, the Governing Council of the Bulgarian National Bank granted an e-money institution licence to Econt Financial Services EOOD (press release link). The company will provide innovative e-money, payment services and solutions and will enable its customers to open electronic money accounts (via mobile wallets). BOYANOV & Co. provided full legal advice, […]
On 4 June 2021, the European Commission issued standard contractual clauses for use between controllers and processors, and modernised standard contractual clauses for international transfers under the General Data Protection Regulation (the GDPR). The modernised standard contractual clauses will replace the three sets of standard contractual clauses for data transfers to third countries that were […]
On 31 May 2021 the sale of the Bulgarian subsidiary of EnerSys Holdings (Luxembourg) S.a.r.l. – EnerSys AD, to Recocycling EOOD was completed. BOYANOV & Co. provided comprehensive legal advice and full legal support and assistance to the seller on all aspects of the deal, including legal due diligence support, drafting and negotiation of the […]
The firm has once again received the highest Tier 1 ranking in all practice areas researched by the IFLR1000 in Bulgaria – Banking & Finance, M&A, and Project development. One of the clients of BOYANOV & Co.’s Banking and Finance practice outlines the team’s “Professionalism, excellent knowledge of the matters of law, high responsibility and client-orienting approach” while another […]