• Assisting all employment activities of Wizz Air in Bulgaria – drafting of employment documents, hirings and dismissal, disciplinary matters, employment and administrative litigations, data protection and whistleblowing matter, audits by various governmental authorities, etc.
• Advised Procter & Gamble on multiple occasions with regards to corporate changes, new products, advertisement, commercial communications and consumer protection.
• Advised FLIP on the launch and full operation of their e-commerce in Bulgaria.
• Advised SAMEDAY on the launch and operation of their postal operator business in Bulgaria and assisting in all matters regarding licensing and regulatory matters, including drafting, implementation and regulatory approval of several sets of T&Cs for their business model.
• Advised eMAG courier on the launch and operation of their postal operator business in Bulgaria and assisting in all matters regarding licensing and regulatory matters.
• Advised one of the world’s largest express transportation companies on the implementation of their new terms and conditions for courier services and for transport services provided on the territory of Bulgaria, and assisting in all of their day-to-day operations, including change of tariffs, consumer protection matters, etc.
• Advised NOTE AB (publ) on the acquisition of modern electronics plant in Bulgaria
• Participating in key litigation proceedings on a variety of matters concerning the business activities of Ideal Standard – Vidima in Bulgaria
• Advising Innovation Norway (Innovasjon Norge) in Bulgaria on a variety of corporate matters.
• Advising a wide portfolio of clients, including Electrolux Lehel Kft. (AEG), Whirlpool Bulgaria, Procter & Gamble, Inditex, etc. on different consumer protection matters with regards to warranties and advertisement.
• Advising AbbVie on their agency contracts and other corporate and competition matters in Bulgaria.

• English
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• Russian
• Bulgarian

• Generali CEE Holding in relation to the acquisition of Doverie Health insurance Company;
• Rezolv Energy on the acquisition of the project company holding the license to build and operate a 229 MW solar plant - the largest PV project in Bulgaria to date. Once completed and put into operation the PV plant will produce 1/6 of the current solar energy in Bulgaria.
• valantic GmbH on the acquisition of AIOPSGroupAD and its subsidiaries in several other jurisdictions;
• Linden Capital Partners and its subsidiary BioIVT on the acquisition of Fidelis Research AD and its subsidiaries in 4 other SE Europe jurisdictions;
• NN – on the sale of its life insurance and pension insurance businesses in Bulgaria – simultaneous sale of the going concern of a foreign insurer’s branch and of a licensed Bulgarian pension insurance company.
• Mondelez on the Bulgarian aspects of the $2 billion acquisition of the Greek group Chipita and on its post-closing integration within the existing Mondelez structures.
• Mondelez on the Bulgarian aspects of its global JV with Dow Egberts in the coffee business. Previously advised Mondelez on several reorganizations of its business structures in Bulgaria, the acquisition of the largest confectionary factory and the largest coffee factory etc.
• Eurobank (Bulgaria) AD in relation to the regulatory permits for the closing of the acquisition of the business of BNP Paribas Personal Finance – Bulgarian branch;
• United Bulgarian Bank Asset Management AM on the first transborder merger of Bulgarian asset management company into a foreign AM company (KBC AM) and the subsequent registration of a branch of KBC AM in Bulgaria;
• Piraeus Bank SA, Greece on the sale of its subsidiary – Piraeus Bank Bulgaria AD to Eurobank Bulgaria AD.
• Piraeus Bank Bulgaria AD on the demerger of Piraeus Real Estates - simultaneous demerger of almost 2000 real estates and other assets and liabilities.
• Eurobank Bulgaria on the merger and integration of the acquired Piraeus Bank Bulgaria AD.
• Sopharma JSC (the largest Bulgarian pharma company) on the acquisition of a large portfolio of prescription an non-prescription drugs in several CIS countries;
• NIS JSC (the largest oil-refinery in Serbia) and NIS Petrol EOOD – on the setting up of their network of gas stations network in Bulgaria and on the acquisition of companies owning gas stations or gas stations;
• Hystead on the acquisition of The Mall – one of the largest shopping centres in Bulgaria.
• National Bank of Greece on the sale of its Bulgarian subsidiary – United Bulgarian Bank – the largest transaction in the Bulgarian financial sector at that time.
• Eurobank Bulgaria on the acquisition of the Bulgarian operations of Alpha Bank – Greece.
• Credit Agricole on the transfer of 100%of the capital of its Bulgarian subsidiary.
• Credit Agricole in relation to the insolvency of a leading Bulgarian banking institution.
• GlobalFoundries on the acquisition of the PDK engineering team of Smartcom Bulgaria AD.
• eMag (the largest online merchant and trade platform on the Balkans) on the restructuring and reorganization of its business in Romania and Bulgaria.
• NOTE AB (publ) in relation to the acquisition of ATM Electronics, a producer of electronic components.
• Yara International on the acquisition and several years later on the sale of its smart agriculture business operations in Bulgaria and Romania.
• Mohawk on the acquisition of majority shareholding in KAI, the largest Bulgarian producer of tiles.

• Bulgarian
• English
• French
• Russian

• Rezlov Energy with respect to acquisition, development and construction or a 229 MW St. George PV project.
• HELLENiQ ENERGY Holdings S.A. with respect to acquisition, development and construction or a 90 MW PV plant project.
• DSK Bank on regulatory, real estate and construction aspects in the transaction for the financing of the Verila PV Project (123 MW subsequently extended with additional 70 MW) including a due diligence review of EPC, O&M and various other ancillary contracts.
• UniCredit Bulbank as a lead member of syndicate of banks on regulatory, real estate and construction aspects in the transaction for the financing of Maglizh PV project (160 MW) including a due diligence review of EPC, O&M and various other ancillary contracts.
• Contour Global on the financing of the development and construction of two PV power plant projects one of which is only for power storage facilities (BISS) and the second one if for a PV plant + BISS.
• UEG Clean Energy: on the preparation of an EPC contract for a turnkey delivery of a two PV power plants of respectively 70MW and 180 MW each.
• CMC Europe Kft.: on the preparation of a triparty EPC contract for a turnkey delivery of a PV power plant of close to 230 MW.
• Number of private investors on all project regulatory, development and construction aspects for the development two PV power plant projects in Bulgaria (70MW - 120 MW each).
• Markan Holding on a portfolio of variety of construction and investments projects, including the acquisition of land and construction of a four-star Novotel hotel.
• NewMed Energy Balkan on the acquisition of a 50% interest in the Khan Asparuh offshore oil and gas block from OMV Offshore Bulgaria. The firm advised on all local transactional and regulatory aspects. Ongoing support includes regulatory, corporate, real estate, and commercial matters, as well as initiatives to improve the offshore legal framework and potential state participation.
• Vertex on the acquisition, development, and construction of a greenfield distribution and wholesale center. The firm advised on the land purchase, change of land designation, zoning and construction matters, and the negotiation of design and construction agreements. Ongoing support includes implementation and resolution of out-of-court disputes with designers and contractors.
• Okol Lake Park on all legal aspects of a large-scale greenfield project for the development of a new residential area spanning 3,000 decares, including residential, office and retail buildings, a school, hospital, 5* Pullman hotel, restaurants, and a 650-decare golf course. The firm has advised from project structuring, land acquisition, and financing to zoning, construction, and all contractual matters, including agreements with hotel operators and residential buyers. Ongoing work covers a broad range of legal areas such as real estate, urban planning, construction, energy, environmental, education, healthcare, and labour law.
• Global Resource on the construction of a 22,000+ sq.m. residential building and its subsequent sale to multiple buyers. The firm advised on the deal structure, construction agreement, and prepared a full set of template agreements for various sale structures to end-buyers.
• Behr-Hella Thermocontrol GmbH for the acquisition of land and subsequent construction of a green-field automotive plant.
• Ideal Standard Bulgaria with respect to all regulatory, real estate and construction matters for the construction of its production facilities in the town of Sevlievo.
• Fraport AG Frankfurt Airport Services Worldwide in relation to the concession for both Varna and Bourgas airports and in relation to the concession award procedure for Sofia Airport;
• FHL Kiriakidis with respect to acquisition of two concessions for extraction of raw materials.
• GEK Group (Greece) and Metron (Greece) with respect to their investment and/or construction projects in Bulgaria.
• Bulgaria Air Maintenance (as lessor) with respect to complex deals with: (i) Lufthansa Technik AG (as lessee) for the construction and subsequent long-term lease of a new built to suit airplane maintenance facilities; and (ii) DHL Express Bulgaria (as lessee) for the construction and subsequent long-term lease of a new built to suit airplane DHL logistic center.
• the local distributor of Mercedes with respect to the acquisition of exiting and for the construction of several new showrooms and services centers in Bulgaria.
• Kamenitza on a variety of cases among the rest: (i) the purchase of a former production plant and the construction of new production facilities in the town of Haskovo; (ii) the sale of a former production plant in the town of Pleven; (iii) the sale of a former production plant in the city of Plovdiv
• the owner of a Varna based public transport port on reconstruction of the port, construction and long-term lease of new silos facilities for loading, unloading and storage of grain;
• Investors: on the acquisitions of most of the largest shopping malls in Bulgaria (The Mall, Mall of Sofia, Mall Galeria Burgas, Mall of Veliko Tarnovo, Mall Markovo Tepe Plovdiv, Mall Plovdiv, Mall Rousse, etc.).
• Embassy of Ireland to Bulgaria, U.S. Embassy to Bulgaria, Embassy of Republic India to Bulgaria, Embassy of The Republic of South Africa to Bulgaria, Embassy of The State of Israel to Bulgaria, Embassy of The People's Republic of China in Bulgaria with respect to leases and other real estate matters including on lease agreement disputes.
• clients like Coca Cola, Pfizer, Hewlett Packard, Philip Morris, Pros Inc., Procter & Gamble, Celestica International, Pharmaceutical Research Associates, FedEx and many more on various commercial lease agreements.

• English
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• Bulgarian

M&A deals

• Leading the team advising the buy-side in the purchase of the authorized Maserati importer and the authorized Ferrari authorized service and pre-owned dealer in Bulgaria;
• Leading the team advising the buy-side in the acquisition of software engineering and digital product/application development company Dreamix by Synechron, Inc., a leading global digital transformation consulting company;
• Leading the Bulgarian legal team advising the buy-side - Nippon Express Holdings, Inc., the renowned Japan-based logistics company in the acquisition of Cargo-Partner subsidiaries in Central and Eastern Europe;
• Leading the Bulgarian legal team advising Meta in the acquisition of Bulgarian software company;
• Leading the team advising the Bulgarian partner in the first East-European project of Motorworld Group, Germany;
• Leading the team advising the buy-side in the acquisition of the authorized Mazda importer in Bulgaria;
• Leading the team advising the buy-side in the acquisition of the Bulgarian operator of AVIS and Budget rent-a-car business in Bulgaria;
• Leading the team advising EnerSys Holdings in their divestment of Bulgarian assets and operations in Targovishte, Bulgaria. The team provided legal support and assistance to the Bulgarian operations of EnerSys since its entry into the Bulgarian market in the period 2006 – 2007.

TMT advice

• Providing day-to-day advice and legal assistance to Microsoft Bulgaria and its affiliates on contractual, compliance and regulatory matters related to, inter alia, cloud computing, B2B and B2C solutions, commercial issues, personal data protection, etc. We are also providing day-to-day advice and legal assistance on contractual, and employment matters as well as advice on public procurement matters. BOYANOV & Co. is proud to support various industry and social initiatives of Microsoft Bulgaria such as participation as a speaker in various technology conferences and providing pro bono advice to local tech start-ups;
• Providing ongoing regular legal advice to Meta, including on matters related to personal data protection and the usage of various innovative technology;
• BOYANOV & Co. has advised on a number of occasions Volkswagen AG and Audi AG in respect of local telecommunication regulations, data protection, e-privacy, consumer protection and other relevant aspects in relation to innovative digital services offered by them;
• Advised Bytedance on the applicability of the local telecom, personal data protection and cybersecurity regulations regarding content delivery networks;
• Advises the local subsidiary of major multinational telecom company in the procedure for obtaining of license as Electronic Money Institution of its Bulgarian subsidiary;
• Advised the leading local logistics company in the procedure for obtaining of license as Electronic Money Institution, now successfully completed;
• Advised Robinhood on certain local compliance issues;
• Assisted the developer of compliance software and services Cleversoft Group GmbH in relation to conducting due diligence of its local subsidiary cleversoft Bulgaria EOOD in relation to an investment transaction;
• Providing day-to-day advice and legal assistance to GTT Bulgaria EAD, the Bulgarian subsidiary of the multinational telecommunications and internet service provider company GTT Communications, Inc., on the applicability of the local telecom regulations regarding its obligations as provider of electronic communications networks and services;
• Provided advice and assistance to major local insurance company in relation to a serious cyber incident;

• Bulgarian
• English

Consumer protection and banking

• Advising and representing Eurobank Bulgaria AD, one of the largest banks in Bulgaria, since 2012 in a significant number of consumer protection cases (more than 180) where the claims are for the declaration of invalidity of certain clauses in the credit; and for the reimbursement of amounts already paid as monthly repayments of the credit loan, allegedly paid in excess of those initially agreed, including in cases concerning the interpretation of the provisions of Directive 93/13/EC.
• Advised and represented UniCredit Bulbank AD, one of the first banks in Bulgaria, in a class action regarding invalid clauses in loan agreements and general terms and conditions. The case was dismissed following an out-of-court settlement with the claimant Bulgarian National Association “Active Consumers”.

Judicial review of administrative acts

• Representing and advising Heidelberg Materials Devnya AD, the largest cement producer in Bulgaria, in administrative and judicial proceedings relating to the orders and instructions within inspection protocols issued by the State Agency for Reserves and War Stocks, as well as in connection with interpretation cases before the Court of Justice of the EU.
• Representing and advising Solvay Sodi AD (a company of the Solvay Group and one of the largest industrial companies in Bulgaria and the largest European producer of synthetic soda ash) since 2021 in several administrative and judicial proceedings related to the orders issued by the State Agency for State Reserves and Wartime Stocks on the basis of the national law – the Law on Stocks of Crude Oil and Petroleum Products, including in Case 784/22 of the ECJ on the interpretation of the provisions of Directive 2009/119/EC.

Insurance

• Advising FM Insurance Europe S.A., France, in connection with claims for payment of substantial insurance compensation against UNIQA Insurance Company AD under motor liability insurance. Solvay Sodi AD is an injured party who suffered material damages as a result of the insured event.

Dicrimination protection

• Advised and represented Eurobank Bulgaria AD in administrative court proceedings against the Commission for Protection against Discrimination and in several civil court proceedings against former employees of the bank challenging the legality of the decision of the Commission upholding the claims of the former employees complaining of unfair treatment at the time and in relation to their dismissal during the merger process between the bank and Alpha Bank Bulgaria Branch, when almost half of the employees of Alpha Bank Bulgaria Branch were dismissed.

Real estate

• Advising and representing Eurobank Bulgaria AD, one of the largest banks in Bulgaria, on a court case concerning the division of a property in Sofia, which is a cultural monument. The case involves 15 parties, some of whom do not reside in Bulgaria, and requires procedural and substantive knowledge and skills in various areas of law.
• Represented a private client in a dispute over more than 10 inherited properties in Bulgaria. The claimant (a co-heir and relative of the client) alleged that our client had unlawfully disposed of the inherited property, causing her and her late mother to suffer. The court found that our client had a power of attorney and that his actions were valid and legal.

Enforcement of domestic and international judgments and court acts

• Advised and represented Nicos Gleoudis KAVEX S.A., a Greek tobacco manufacturer, in enforcement proceedings under EU Regulation 1215/2012 against Sofia – Bulgartabac AD (Sofia-BT), a Bulgarian joint stock company. The Greek judgment was fully enforced, and the debtor paid a significant amount in full.
• Advised and represented Uniper Global Commodities SE, a major German trader of bulk electricity, gas and heat to industrial companies and utilities throughout Europe, in enforcement proceedings against Gazprom Export LLC. The enforceable decision orders the Russian company to pay Uniper a substantial advance on the costs of fulfilling Gazprom's supply obligation by a third party of Uniper's choice. At Uniper's request, the enforcement in Bulgaria was directed against claims that Gazprom may have against Bulgargaz EAD, a Bulgarian joint stock company.

Taxes

• Advised and represented Chipita (part of Mondelez Group) in appeal proceedings against the tax authority rejection to recover default interest over the Corporate Income Tax advance payments for the 2021 fiscal year. The final judgment of the Supreme Administrative Court is a new case law and is important for companies with a similar issue.

Automotive

• Representing and advising Silver Star Group, the official distributor of Mercedes-Benz vehicles and services in Bulgaria, in complex legal cases brought by customers of their Mercedes-Benz vehicles and repair services, often involving complex expert opinions and numerous procedural steps.

Energy

• Representing and advising Elektrorazpredelenie Yug EAD, a company of the EVN Group and one of the electricity distribution companies in Bulgaria, in an administrative procedure and a complaint to the European Commission, following various administrative and legislative measures taken by the State in response to the electricity cuts at the end of 2024.

Aviation

• Advised Bulgaria Air AD, the national carrier, in cases brought by customers claiming material and non-material damage during flights with Bulgaria Air, concerning the interpretation of the provisions of the Montreal Convention. The cases were settled out of court with the claimants.

Administrative-criminal law

• Representing and advising Solvay Sodi AD (a company of the Solvay group and one of the largest industrial companies in Bulgaria and the largest European synthetic soda ash production plant) in several administrative-criminal proceedings against extremely high fines imposed for non-compliance with the Orders of the State Agency for State Reserves and Wartime Stocks.
• Representing and advising Heidelberg Materials Devnya AD, the largest cement producer in Bulgaria, in several administrative-criminal proceeding against penalty decrees in significant amounts issued for monetary sanctions for non-compliance with the orders issued by the State Agency for State Reserves and Wartime Stocks.
• Representing and advising private clients in administrative-criminal proceedings against penalty decrees for fines imposed for non-compliance with orders issued by the State Agency for State Reserves and Wartime Stocks.

• Bulgarian
• English
• French

• Bulgarian
• Russian

Financing deals

• Advised CountourGlobal on the transition of their thermal power plant in Bulgaria to renewable energy projects, including on the financing of a standalone battery electricity storage system (BESS), and a separate financing of a combined photovoltaic and BESS project
• Advised OTP Bank Plc (Hungary) and DSK Bank AD (Bulgaria): Assisted in the refinancing of MET Renewables AG (Switzerland) for the acquisition of a 60MW wind park in North East Bulgaria from Eolica Bulgaria
• Advised OTP Bank and DSK Bank: Provided counsel on syndicated financings for the acquisition of a 42MW wind power plant in Bulgaria
• Advised DSK Bank: Advised on the financing of the construction of the 123MW Verilla PV power plant near Dupnitsa, Bulgaria, as well as on its extension to 150 MW and subsequently adding a BESS to it
• Advised a Syndicate of Banks: Assisted UniCredit Bulbank, United Bulgarian Bank, Eurobank Bulgaria, and Raiffeisen Bank International on financing the construction and operation of a 160MW photovoltaic power plant in the Maglizh Municipality, Bulgaria, as well as subsequently on the financing of an additional battery energy storage system (BESS) to it
• Advised UniCredit Bulbank and United Bulgarian Bank: Assisted in the financing of Plastchim-T’s acquisition of Manucor S.p.A, Italy
• Advised J.P. Morgan and Lenders: Provided counsel to a syndicate of major international and local banks on financing a subsidiary of Eurohold Bulgaria for the acquisition of CEZ’s electricity distribution business in Bulgaria, including subsequent refinancing and facility increase
• Advised J.P. Morgan and Wilmington Trust: Advised the Agent and Security Agent in relation to the accession of Alvogen Pharma Trading Europe EOOD as an additional guarantor to loan agreements totaling over €2 billion, financing Zentiva’s acquisition of Alvogen group companies, as well as on subsequent additional financings to the group
• Advised a Syndicate of Banks Led by Česká Spořitelna: Provided guidance on the Bulgarian law aspects of a financing to support KKCG Group and its portfolio company ARICOMA Group International AB in acquiring Musala Soft, a prominent Bulgarian software company, and its subsidiaries, as well as on the subsequent refinancings
• Advised Eurobank S.A. and Alpha Bank S.A.: Assisted with the Bulgarian law aspects of financing Tyrbul, the Bulgarian subsidiary of Hellenic Dairies S.A., in acquiring United Milk Company, a leading Bulgarian dairy producing and marketing various milk products under multiple brand names
• Advised Eurobank S.A. Group: Assisted in the financing of two shopping centers in Bulgaria - Mall Galleria Burgas and Mall Galleria Stara Zagora
• Advising Raiffeisenbank International AG: Provided counsel on the financing of the construction of Sofia Airport Center, a major logistics center near Sofia Airport, and subsequent restructurings of such financing
• Advising ITower: Assisted in the financing of the construction of the first Marriott Hotel in Sofia by Eurobank and Black Sea Trade and Development Bank
• Advising Eurobank Bulgaria, Eurobank Greece and Eurobank Luxembourg: Advised the lenders on the refinancing of the above facility for ITower, as well as on subsequent hedging of the loan
• Advised Barclays Bank and HSBC: Assisted with a loan for a shopping mall in Bulgaria and subsequently on its refinancing by a new lender
• Advised Sofia South Ring Mall EAD: Provided counsel to the borrower, owned by Greek companies Fourlis Group and Danaos Corporation (local franchisees of IKEA), on the financing of the development of Sofia South Ring Mall, one of the largest malls in Sofia
• Advised Eurobank Bulgaria, Eurobank Greece and Eurobank Luxembourg: Advised the lenders on the refinancing of the above facility for Sofia South Ring Mall, as well as subsequently on the hedging of such loan
• Advised Credit Suisse and Morgan Stanley: Advised the initial purchasers of EUR 275 million secured notes issued by Standard Profil Automotive GmbH (Germany), a leading supplier of sealing profiles for automotive manufacturers
• Advised the Lead Manager: Provided counsel on a bond issue by Energo-Pro Varna, a holding company of several large energy companies in Bulgaria, including the electricity distribution company in Northeast Bulgaria
• Advised BNP Paribas, Citigroup Global Markets Limited, and J.P. Morgan Securities: Assisted with notes issued by Energo-Pro a.s. and guaranteed by its local subsidiary, Energo-Pro Varna EAD, the electricity distribution company in Northeast Bulgaria
• Advised Citigroup Global Markets Limited: Advised the underwriter of notes issued by Glasstank B.V., a Dutch SPV of the Yioula Group, a leading producer of glass containers for the food and beverage industries in the Balkan region, with main production subsidiaries in Bulgaria and Romania
• Advised Vivacom: Assisted the leading Bulgarian telecommunications business in refinancing EUR 400 million senior secured notes
• Advised Credit Suisse Securities (USA) LLC: Advised the representative of the initial purchasers of USD 400 million global senior secured notes (a Rule 144A offering) issued by Contour Global Power Holding S.A., with an underlying material subsidiary in Bulgaria, Contour Global Maritsa East 3 AD, one of the three largest thermal power plants in Bulgaria
• Advised EIB on a EUR 30 million financing of Boni Holding (a Bulgarian leader in the production of pork meat products)
• Advised Citibank on a funded copper metal collar financing of Asarel-Medet, the biggest Bulgarian company for open pit mining and processing of copper and other precious metals
• Advised on $300m Guaranteed Notes issued by Energo-Pro a.s. and guaranteed by, amongst others, its Bulgarian Subsidiary Energo-Pro Varna EAD, and issued a legal opinion on Bulgarian law aspects of the transaction.

M&A deals

• the sale of a special purpose vehicle owning real estates owned by a major bank in Bulgaria
• the sale of one of the largest telecom operators in Albania (One Telecom) to 4iG
• advising a large bank on the sale of a real estate SPV
• a PE fund on an acquisition of a shopping mall in Bulgaria
• on an attempted sale of a hotel in Bulgaria (through a share deal)
• Link Mobility (Norway) on the acquisition of a B2B messaging business in three jurisdictions from Alterco (Bulgaria)
• on the acquisition of one of the largest telecom operators in Albania (Telecom Albania, now One Telecom) from Cosmote Mobile Telecommunications S.A. (itself a subsidiary of Deutsche Telekom)
• on the acquisition of the largest Bulgarian telecom company (Bulgarian Telecommunications Company (BTC) aka as Vivacom)

• Bulgarian
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• Russian

• English
• Russian
• Bulgarian