News & Deals


Borislav Boyanov & Co. advises in EUR 350 million Eurobonds Issue

Borislav Boyanov & Co. advised Global Steel Holdings Limited, its fully owned Bulgarian subsidiary – Finmetals Holding EAD, and Kremikovtzi AD (the largest steel mill in Bulgaria controlled by Finmetals Holdings EAD) on the financing of Kremikovtzi AD by way of a €350 million 7-years fixed rate Eurobonds issue. The issue was placed successfully on 4 May 2006. On […]


Borislav Boyanov & Co. Advised GSHL, an Ispat Group company, on the acquisition of 71% of Kremikovtzi AD

  Global Steel Holdings Limited (“GSHL”), a part of the Indian Ispat Group, one of the leading global integrated steel makers, completed the acquisition of Kremikovtzi AD, the largest steel maker in Bulgaria. GSHL has operations in six countries worldwide with total steel-making capacity of 14 million tones. The total investment for the acquisition combined […]


Borislav Boyanov & Co. Advises CosmOTE on Bulgarian Merger Clearance for the Acquisition of Germanos

The firm succesfully obtained merger clearance for CosmOTE of its proposed acquisition of control over Greek electronics distirbutor Germanos. In Bulgaria CosmOTE owns  Cosmo Bulgaria Mobile EAD (Globul),  the second-largest mobile phone operator. Germanos operates in Bulgaria one of the largest chains of retail outlets for mobile handsets and other electronics. Borislav Boyanov & Co.’s team was […]


Licensing and Incorporation of Two Bancassurance Joint Ventures

The firm successfully completed the licensing and setting up of two local companies, active in life and general insurance under a bancassurance model. The two companies are jointly owned by subsidiaries of AIG and the National Bank of Greece. In addition to licensing, the project involved obtaining a merger clearance from the Bulgarian Commission on […]


Banking Merger Creates Largest Bank in Bulgaria

Borislav Boyanov & Co. advised and assisted UniCredito Italiano on all regulatory and corporate aspects of the merger of its three local banks Bulbank, Biochim Bank and Hebros Bank. The firm’s time was instrumental in bringing about the combination, following a complex and multifaceted process spanning for more than a year. The merger resulted in […]


Wizz Air Enter the Bulgarian Market

Borislav Boyanov & Co. advised the leading Central and Eastern European low cost airline Wizz Air on the commencement of its operations in the country via its Hungarian subsidiary Wizz Air Hungary Kft. and on the incorporation of the first low cost air carrier in Bulgaria – Wizz Air Bulgaria Airlines. The firm assisted Wizz Air in its […]


Product Liability 2005

This article appeared in the 3rd edition of The International Comparative Legal Guide to: Product Liability 2005, published by Global Legal Group Ltd, London (


Getting the Deal Through – Insolvency and Restructuring 2002

Reproduced with permission from Law Business Research. This article was first published in Getting the Deal Through – Insolvency and Restructuring 2002 (published in May 2006, consulting editors Rachel Brandenburger and Natasha Good). For further information please visit