Chambers Global

Chambers Europe

Legal 500


Research period review


Over the research period the firm was active in banking, M&A and projects.

In the banking area the firm has advised companies on refinancing and debt restructuring.

In M&A it was active too, with work advising on buy and sell side, in transactions which crossed multiple jurisdictions in industries from oil and gas to logistics and telecommunications. It advised on management buy outs, share and asset acquisitions.

In the project development area the firm was particularly active in the energy sector, where it has been working on some of Bulgaria's most important projects. It advised on EPC contracts in the development of Turkstream; assisted a bidder for the Belene nuclear power plant contract; and advised the winner of the Sofia Airport concession.

Deal highlights


• Belene Nuclear Power Plant

• Bulgarian Industrial Engineering and Management €20 million financing

• France Air Management €222.7 million acquisition of SIG Air Handling Division

• Liquibox £400 million acquisition of DS Smith’s plastic packaging division

• TurkStream

• United Group €1.2 billion acquisition of VIVACOM

• Yotpo Acquisition of SMSBump

Client feedback:


“High experience in evaluating competition matters in regard to M&A deals.”

“They were very responsive and know what they are talking about.”
“Extremely responsive and very commercial advice. Partner lead approach with very able lawyers there to support."
“Had an in-depth research of the subject matter and business approach while providing professional advice of high quality.”

Private equity
“Highly responsive professional timely advice.”

Project development
“Undoubtedly, the firm's experience is of great value. The practice has been on the market for over 30 years and has advised on many of the landmark projects in Bulgaria - energy, real estate, infrastructure developments of significant economic interest. The firm is highly specialised and brings immense knowledge to the table. They also think very commercially and are always one step ahead in terms of market trends. So we can also rely on their precise and insightful vision. Great negotiators as well and fantastic at communicating and explaining.”
“In depth knowledge, professional advice of high value and always in time, business acumen.”

Atanas Shopov
“Atanas is a deeply experienced real estate and construction lawyer. He is an all-round expert, equally specialised in commercial developments and infrastructure projects. Atanas is knowledgeable, efficient, fantastic advisor and litigator, great negotiator. He is also supportive and attentive, always addressing our questions with utmost care and proposing commercially-focused and value-adding solutions.”

Ivo Alexandrov
“Various professional qualifications, with the ability to process the information through all aspects and detect any possible threats.”
“Honest, attentive, responsible, well qualified and taking into consideration client's business needs.”
“Professional attitude, responsibility, quick response, business curiosity and in-depth legal advice, taking into account all possible developments.”

Stefan Tzakov, Elena Apsotolova
“Stefan makes your problem his.”

Veronika Hadjieva
“She's the best, very professional and offers a great service.”
“Very responsive, transparent on fees and commercial advice.”

Vladimir Rangelov
“Extremely professional, reliable and sound advice.”