Boyanov & Co. has a stellar client roster of telecoms service providers, cable operators, and TV and radio stations, as well as international tech companies, including names such as Meta and Apple. The firm is sought out by clients for support with financing large M&A transactions as well as the rolling-out of innovative technologies and services on the Bulgarian market. Further fields of focus for the practice are fintech, cybersecurity, data protection, AI and recently matters at the intersection of telecoms, technology and the automotive sector. Practice head Nikolay Zisov has various specialisms in this sector, including in IP, software licensing, cloud computing projects, fintech and cybersecurity matters. Ralitsa Nedkova provides support with various M&A and financing mandates in this space.
TMT in Bulgaria
Boyanov & Co.
Praxisleiter:
Nikolay Zisov
Weitere Kernanwälte:
Ralitsa Nedkova
Kernmandanten
Accenture Holdings B.V.
Cariad SE
Meta Platforms, Inc.
Apple Inc.
Motorola Solutions Germany GmbH
Cleversoft Group GmbH
GTT Bulgaria EAD
EXA Infrastructure
Vonage B.V.; Vonage Business Limited
Denuvo Software Solutions GmbH
KDDI Europe Limited
Storytel Sweden AB
FLIP TECHNOLOGIES SRL
Commerzbank AG
Mastercard
Citi
Momenta Europe GmbH
Phillip Morris Bulgaria
Vienna Insurance Group – VIG Holding
Highlight-Mandate
- Advised Accenture Holdings B.V. in relation to the Bulgarian legal aspects of the acquisition of 100% of the issued share capital of Sentia Group B.V.
- Provided detailed advice to Cariad SE regarding the commercial feasibility of the rollout and the high-level prerequisites for the technical refinement of several bundles of connected vehicle services.
- Providing ongoing advice to Meta, including on matters related to personal data protection and the usage of various types of innovative technology, including in the context of employment.
Dimitrov, Petrov & Co
Clients regularly turn to Dimitrov, Petrov & Co for its team of ‘leading legal experts in the country in technology, data protection, telecoms and media law’. Digital services, data protection, cybersecurity and e-commerce are just some of the areas where the firm has extensive experience, meaning the team is well placed to advise on the implementation of digital transformation projects, commercial and regulatory disputes, compliance with data protection legislation and day-to-day matters in the TMT sector. The team is co-led by George Dimitrov, Hristo Nihrizov, Desislava Krusteva-Doncheva and Nikola Stoychev, who advise a wide-ranging client roster which includes both global corporations, namely Google, and some of the largest Bulgarian telecoms and internet providers.
Praxisleiter:
George Dimitrov; Hristo Nihrizov; Desislava Krusteva-Doncheva; Nikola Stoychev
Weitere Kernanwälte:
Martin Zahariev
Referenzen
‘In addition to her legal knowledge, Desislava Krusteva also keeps an eye on the business challenges of her clients. She is extremely well connected throughout the region. We would also like to make a special mention of her team, who have also supported us for some time with exemplary commitment and very good results.’
‘George Dimitrov, Hristo Nihrizov and Desislava Krusteva have long been household names in Bulgarian TMT law. Nikola Stoychev and Martin Zahariev from the younger generation of partners follow closely.’
‘We have worked with Dimitrov, Petrov & Co. on different TMT projects and training. They definitely have the leading legal experts in the country in technology, data protection, telecoms and media law and I would recommend them to anyone seeking expertise in any of these areas.’
Kernmandanten
Yettel Bulgaria
Cetin Bulgaria
LucidLink
Pfizer
Roche Bulgaria
Bulgarian Registry Agency
Jobs.bg
Arkrod
Allianz Bulgaria Group
Evrotrust Technologies
Arelion (Telia CompanyCarrier)
Svilen Maximov/Networx-Bulgaria
Highlight-Mandate
- Acting as exclusive legal counsel to Google in Bulgaria, providing complex services with a specific focus on media content, privacy and data protection, and other TMT law matters.
- Representing Yettel in proceedings before the Bulgarian competition watchdog related to the sale of one of the biggest cable TV and internet service providers, Bulsatcom.
- Advised CETIN in relation to a regulatory and commercial dispute before the Communications Regulation Commission with a competitor regarding the unilateral increase of prices for access to passive infrastructure.
Djingov, Gouginski, Kyutchukov & Velichkov
Djingov, Gouginski, Kyutchukov & Velichkov covers a whole host of TMT-related matters, supporting clients with corporate and M&A advice, regulatory guidance across the sector, and data protection advice. Furthermore, the firm's experience extends to advising on the entry of newer technologies, such as IoT, cloud and software-based communication services, and connectivity and digital platforms-based services, into the Bulgarian market, primarily acting for growing global technology companies and service providers. Practice head Violetta Kunze focuses on telecoms and media regulatory matters and has been involved in landmark TMT projects in Bulgaria.
Praxisleiter:
Violetta Kunze
Referenzen
‘Very responsive and helpful.’
‘Violetta Kunze has a practical approach to legal issues.’
‘Violetta Kunze has excellent knowledge of the Bulgarian ICT market and knows how to combine local law expertise with the business model of global companies.’
Kernmandanten
BMW i Ventures
INTEGRAL Venture Partners
PPF Group
Hexacorp
TI Sparkle Bulgaria EOOD
PCCW Global B.V.
Fuze B.V.
TNS/Towerhouse Ltd.
Google Ireland Ltd.
VMware Bulgaria EOOD
Cognyte Technologies Israel LTD
The administrators and senior secured lenders of Bulsatcom UH Holdco Limited
Bianor Holding AD
Equinix (Bulgaria) Data Centres EOOD
Highlight-Mandate
- Advised BMW i Ventures on the Bulgarian law aspects of a financing round, including carrying out legal due diligence of its Bulgarian subsidiary, Ampeco Bulgaria EOOD.
- Advised PPF Group on the Bulgarian regulatory law aspects associated with the sale of a 50%-plus-one-share stake in PPF Telecom Group’s assets in Bulgaria (Yettel Bulgaria) to e&.
- Advised Bianor Holding AD on agreements for the acquisition of software companies Itido Technologies OOD and Databreathe EOOD.
CMS
Matters across the media sector are the core focus of CMS‘ TMT practice. The team has extensive knowledge regarding IP and media regulations, positioning it well to advise clients on licensing rights, contract design, outsourcing with regard to data protection, and entry into the Bulgarian media market, in addition to compliance with local regulations. Four lawyers jointly lead the practice - Gentscho Pavlov, Atanas Bangachev and Veliko Savov focus on TMT-related corporate and commercial matters and M&A deals, and Anna Tanova is an expert in media and IP matters.
Praxisleiter:
Gentscho Pavlov; Atanas Bangachev; Veliko Savov; Anna Tanova
Weitere Kernanwälte:
Eva Petrova
Referenzen
‘The media and telecoms team at CMS is exceptional. The unique advantage of CMS lawyers is their in-depth knowledge of the media and telecoms industry, and their involvement in the legislative process and the development of the regulatory framework. Anna Tanova and Eva Petrova are very responsive, always ready to help and provide excellent ideas and solutions.’
‘Anna Tanova is an outstanding lawyer with significant expertise and experience in media and IP. She is dedicated to her work for us and has achieved great results for the industry. We see her as a leading professional in the TMT sector.’
‘Eva Petrova is a great support, with experience in the media sector and a deep understanding of the creative industries.’
Kernmandanten
Miracle Mill
Revetas Capital Advisors
Smartcom Bulgaria
B2 Holding
DNEG
Barin Sport
HMD Global Oy
Lumen Technologies
Alliance of the Technology Industry
Association of Bulgarian Radio and TV Broadcasters
National Council for Self-regulation in Advertising
Highlight-Mandate
- Advising ATI on media and IP matters and assisting with complex negotiations with the collective management organisations of copyright and neighbouring rights holders, Prophon and Musicauthor.
- Performed a legal due diligence of the Bulgarian subsidiary of Miracle Mill, a Swedish-owned and operated cloud-first company.
- Advising ABBRO as an exclusive legal services provider, including representation before the regulatory bodies, the Ministry of Culture and other ministries, and before parliamentary committees.
Georgiev, Todorov & Co
Publishing companies, telecoms operators (mostly notably Vivacom) and IT companies regularly turn to Georgiev, Todorov & Co for day-to-day legal advice across various matters, including but not limited to commercial issues, M&A transactions and project financing, as well as IP matters and the revision and negotiation of contracts. The firm is also highly regarded for its litigation strength and is frequently called upon to act in disputes in the TMT sector before Bulgarian courts. Practice head Alexander Pachamanov is praised by clients for his 'exceptional' understanding of local and EU regulatory issues in the TMT sector. He is supported by key IP lawyer Tsvetelina Dimitrova.
Praxisleiter:
Alexander Pachamanov
Weitere Kernanwälte:
Tsvetelina Dimitrova; Dobrina Pavlova
Referenzen
‘They are open to discussion, sharing opinions and brainstorming. Their willingness and ability to discuss and focus on specific details are useful and contribute to finding solutions.’
‘All of them are friendly and approachable. We appreciate their promptness when we need assistance on urgent matters. Tsvetelina Dimitrova and Dobrina Pavlova particularly stand out for both their fast responses and their expertise.’
‘We like to work with Georgiev, Todorov & Co. because of their particular strength in TMT. The services we receive are very professional and delivered on time. I cannot recommend Georgiev, Todorov & Co. and their TMT practice more highly.’
Kernmandanten
Alliance Print
BALKANTEL Ltd.
Vivacom
BORICA
Ciela Norma
Experian Bulgaria
Fleet Services, Bulgaria
GPS Bulgaria
Hill Clinic
Highlight-Mandate
- Providing daily legal consultancy to Experian Bulgaria, including in relation to intellectual property, copyright protection, the revision and negotiation of contracts, and employment issues.
- Advised Vivacom on the procedure for the provision of additional radio frequency spectrum in the range of 1800 MGz for the construction of a 5G network in Bulgaria.
- Providing full legal support to Ciela Norma with regard to election voting machines.
Kambourov & Partners
Kambourov & Partners' client list is made up of major companies across the TMT sector, among which are traditional print media groups, digital services companies and some of the leading Bulgarian telecoms operators, including Bulsatcom. The team covers matters ranging from day-to-day regulatory, compliance, competition and data protection issues to complex M&A transactions and support in disputes. Margarita Guigova leads the practice and focuses on media and telecoms cases. She is supported by Mario Arabistanov and Yana Todorova.
Praxisleiter:
Margarita Guigova
Weitere Kernanwälte:
Mario Arabistanov; Yana Todorova
Referenzen
‘The team is highly qualified, with excellent skills and character. Their knowledge of telecommunications regulatory matters is outstanding.’
‘The team and individuals share a common culture which is focused on supporting clients and solving issues. Competitors are mostly interested in billing and educating their clients.’
‘Margarita Guigova has the excellent ability to prepare the most successful strategy in the client’s favor. She always demonstrates a problem-solving attitude and is extremely devoted to achieving results in the client’s interests. Margarita is one of the most knowledgeable and experienced TMT and IP lawyers on the market and pursues the client’s goals with persistence.’
Kernmandanten
Globant
Nexo
United Group
Entain
Alliance for Creativity and Entertainment
Viva Corporate
Nova Broadcasting Group
Balkansat
SMSBump
Broadcom
Voxbone
Vivacom
Bulsatcom
Regiocom
Schwarz IT
GoDaddy
Highlight-Mandate
- Advised United Group on the Bulgarian law aspects of the sale of its tower assets across Bulgaria, Croatia and Slovenia by Tawal.
- Assisted Vivacom, the largest telecoms company in Bulgaria, with its fixed network carve-out.
- Representing Bulsatcom in civil litigation relating to the authorship of middleware used in satellite TV receivers supplied to its television clients.
Kinstellar
The Kinstellar TMT team impresses clients with its ‘level of understanding of the industry and ability to anticipate and adapt to new developments in the sector’, covering large, complex telecoms-related transactions across the SEE and CEE regions and offering comprehensive advice on telecoms regulations, and media, advertising and digital services, as well as data protection issues and GDPR projects. Practice co-head Georgi Kanev has expertise in IP and IT matters, as well as in the emerging fields of entertainment and gaming. Anita Borisova and Debora Dineva are also key lawyers in the TMT team, which was further bolstered by the arrival of co-head Milka Ivanova from Djingov, Gouginski, Kyutchukov & Velichkov in November 2023.
Praxisleiter:
Georgi Kanev; Milka Ivanova
Weitere Kernanwälte:
Anita Borisova; Debora Dineva
Referenzen
‘The team demonstrates the highest level of professionalism. Their flexible approach makes any challenging process much more manageable. Their ability to analyse complex legal issues and provide clear guidance is invaluable. Furthermore, given the time-sensitive decisions that need to be made in this sector, their quick and effective communication is very useful. They have a strong commitment to client success. Their focus is always on finding innovative and practical solutions that best meet the client’s needs.’
‘Georgi Kanev’s deep understanding of the TMT sector, coupled with his responsiveness and result-oriented approach, are at the core of his exceptional legal services. We greatly appreciate his ability to deliver creative solutions in a timely manner. His professionalism and ethical standards are inspiring and set a very positive example.’
‘Kinstellar were recommended to us due to their subject matter expertise in European privacy and GDPR matters. We have been thoroughly impressed by the depth of talent we’ve been exposed to at the firm. We always felt appropriately looked after as a client, and never felt they were over-servicing us beyond what was practically needed for the scope of work. A great experience overall.’
Kernmandanten
TAWAL
52 Entertainment
UKG
Highlight-Mandate
- Advised TAWAL on the acquisition of the tower portfolio of United Group B.V.
- Advised UKG on the acquisition of Immedis Ltd.
- Advised 52 Entertainment on the acquisition of gaming development studio Casualino and its subsidiary Zariba.
Schoenherr
Technology-related M&A transactions lie at the heart of Schoenherr‘s TMT practice, which recently advised global technology group e& on the high-value acquisition of a controlling stake in PPF Telecom Group’s assets across Eastern and Southern Europe. Other strengths of the team include advising on the launching of operations and new products on the Bulgarian technology market and the surrounding regulations, as well as day-to-day matters regarding data protection, IP and IT. The team assists mobile operators, telecoms providers, international technology companies and fintechs and is led by Ilko Stoyanov. Privacy lawyer Stefana Tsekova is another name to note.
Praxisleiter:
Ilko Stoyanov
Weitere Kernanwälte:
Stefana Tsekova
Referenzen
‘The team provides prompt and high-quality services where the motivation of the lawyers and their level of expertise are constantly demonstrated. We consider the level of service to be excellent, and we would like to emphasise that the answers to our questions were provided by Schoenherr law office in due time. Responses were accurate and always provided in close cooperation with the in-house lawyers of the company.’
‘Ilko Stoyanov has exceptional knowledge and experience in the field of TMT legislation and projects.’
Kernmandanten
Space Exploration Technologies Corporation (SpaceX)
Hypercapital Inc.
S.A. SPADEL N.V.
SendinBlue
Chaos Software
NTT DATA Business Solutions
Avenue One
ABN AMRO Bank
Coöperative Rabobank
ING Bank
INVESTEC Bank
Bulgarian Telecommunications Company AD
Ringier AG
Robert Bosch GmbH
United Group
Leoni AG
Thales
OMV Bulgaria
Amway
Deutsche Bank
GTS TELECOM
Trivago
KKCG Group/Aricoma Group International AB
Highlight-Mandate
- Advised e& on the acquisition of a controlling stake in PPF Telecom Group’s assets in CEE for EUR 2.15 billion.
- Advised SpaceX on the introduction of its Starlink satellite internet constellation services to the European market.
- Advised Hypercapital Inc. on the setting up of a digital currency trading joint venture targeted to wholesale and retail customers.
Wolf Theiss
Wolf Theiss advises on M&A transactions, privacy and data protection matters, regulatory and licensing issues, and compliance and IP matters across the software, telecoms and high-tech industries. Start-ups, funds, IT companies, and fintech and agritech organisations belong to the firm’s client roster. Richard Clegg and Anna Rizova jointly lead the TMT practice, with Clegg specialising in high-profile M&A transactions in regulated sectors, and Rizova frequently leading on IP and IT transactions.
Praxisleiter:
Richard Clegg; Anna Rizova
Referenzen
‘Strengths of the team include that it takes them a short time to provide insightful answers and advice. They have a deep understanding of the subject matter based on diverse past experience. They are very cooperative and have great attention to detail.’
Kernmandanten
Apollo Global Management
Chaos Software
Software Group
EU Shipments
4iG
Eleven
Tempus Ex Machina
FactSet
Glovoapp23
MentorMate
Sellercloud
NIK Electronics
Jagex
POP Global Holdings
Highlight-Mandate
- Advising Apollo Global Management on the full acquisition of PHOS.
- Advising Eleven on the acquisition of minority stakes in four start-ups, BibeCoffee, Metasim, True Insights and Native Teams.
- Advising on the merger between Chaos Software and Enscape.
Andrey Delchev and Partners - Eurolex Bulgaria
Andrey Delchev and Partners - Eurolex Bulgaria counts terrestrial broadcast media, IT companies and digital media providers among its TMT clients, providing advice on day-to-day regulatory, licensing and compliance matters. Advertising law is another area of expertise for the team led by Severina Liubenova, who is a well-regarded competition practitioner.
Praxisleiter:
Severina Liubenova
Kernmandanten
Fresh Media Group
Softline
Gedeon Richter Plc.
HabitADD Ltd.
Ucha.se EOOD
Ministry of Regional Development and Public Works
Highlight-Mandate
- Advising Fresh Media Group on a wide range of commercial, IP and regulatory matters.
- Providing full corporate legal services to Softline.
- Assisted the Ministry of Regional Development and Public Works regarding the implementation of an IT system for the management of state and municipal properties in Bulgaria and abroad.
Jordanov, Ignatov, Ivanov Law Firm
Jordanov, Ignatov, Ivanov Law Firm has plenty of experience advising e-commerce platforms and digital businesses on various matters, including software licensing agreements, data privacy and IP matters. The team is also well regarded for its expertise in M&A transactions in the TMT sector. The team is jointly led by senior partner and IP rights expert Rumen Ignatov and data protection and cybersecurity regulations specialist Svetlana Valeva.
Praxisleiter:
Rumen Ignatov; Svetlana Valeva
Weitere Kernanwälte:
Dimitar Ivanov
Referenzen
‘We specifically engaged JII’s TMT department due to their outstanding reputation in the start-up industry. JII Law Firm has consistently delivered an exceptional service to both local and foreign investors, offering support in various languages. All of the lawyers at JII Law Firm are highly skilled professionals with extensive experience and a strong focus on business-oriented legal solutions.’
‘Dimitar Ivanov and Svetlana Valeva have proven themselves to be excellent advisors with extensive experience in the corporate sector and TMT initiatives. Dimitar and Svetlana consistently meet deadlines and excel in providing comprehensive, business-oriented legal solutions. We greatly value their contributions and are confident in their ability to guide us through any legal challenges that may arise.’
‘JII Law Firm has consistently proven to be a trusted and reliable partner for all our legal needs.’
Kernmandanten
EcomSolutions
ImmoTech Germany
Aqua Lense
Leader 96
Turk Telekom International BG EOOD
Sciant AD
Speedvalue Ltd, Israel
UVI United Vision
Lenses
Highlight-Mandate
- Advised on the structuring of a German-Bulgarian partnership, known as ImmoTech Germany, focused on the development and distribution of high-tech facility management software.
- Advising IQVIA on intellectual property rights related to the promotion of a new medical product on the Bulgarian market.
- Advising Ecom Solutions with regard to a high-stakes service-level contract with an Indian contractor.
Penkov, Markov & Partners
Penkov, Markov & Partners acts for various telecoms and mobile operators, IT, media and e-commerce companies and diverse start-ups, which it advises on the launch of new digital products and services, data protection and privacy issues, and compliance with Bulgarian and EU regulations. Nikolay Cvetanov leads the practice and excels in the areas of personal data protection, cybersecurity and fintech, and frequently advises start-ups. Boris Strijlev is another key member of the team.
Praxisleiter:
Nikolay Cvetanov
Weitere Kernanwälte:
Boris Strijlev
Referenzen
‘I really appreciate Penkov, Markov & Partners’ attention to detail and also their creative approach.’
‘Very professional and helpful team.’
‘Excellent professionals.’
Kernmandanten
Tiger Technology AD
Naturpodukt
Wealthlock
Mebelmag
Izzi Platform, Klett Publishing house
Ferratum
Mondi Stambolijski
AdminSoft Plus
Association for Responsible Non-Banking Crediting
Nokia Solutions and Networks
Audi AG
Highlight-Mandate
- Advised Tiger Technology AD on the structuring of its relationship and contract base preparation for an assignment from Las Vegas Airport on the implementation of a specific innovative digital surveillance system.
- Advised Naturprodukt on the legal compliance of its online sales with the European Union acts and regulations being implemented into Bulgarian law.
- Advised Wealthlock on the organisation of its overall activity.