Next Generation Partners

TMT in Bulgaria

Boyanov & Co.

Clients regularly turn to Boyanov & Co.  for its capability with ‘complex regulatory and commercial matters’, including advice on complex M&A TMT projects, digital transformation projects, ongoing data protection advice and regulatory compliance in the telecoms field. The ‘very competent’ team advises many of the leading telecoms, tech and media companies, namely Meta Platforms, Microsoft Bulgaria and Deutsche Telekom. Practice head Nikolay Zisov focuses his practice on M&A transactions, and is additionally well versed in cloud migration projects, data protection and fintech projects. Ralitsa Nedkova is a key team member and is also active on transactions and corporate matters in the telecoms sector.

Praxisleiter:

Nikolay Zisov


Weitere Kernanwälte:

Ralitsa Nedkova; Deyan Terziev


Referenzen

‘The TMT team of BOYANOV & Co. is very competent on tech legal matters. They are capable of providing advice on complex regulatory and commercial matters and at the same time have a practical approach which takes into consideration the particular business needs and goals of our team. Overall, we are very satisfied with the service.’

‘We work mostly with Nikolay Zisov, who is the head of the TMT practice. Nikolay is competent and experienced TMT lawyer and supports us in most of our projects with great expertise and attention to detail. We count on him for sound legal advice and reliable support.’

Kernmandanten

Synechron, Inc.


Meta Platforms, Inc.


Nippon Express Holdings, Inc.


Motorola Solutions Germany GmbH


Cleversoft Group GmbH


GTT Bulgaria EAD


EXA Infrastructure


Vonage B.V.; Vonage Business Limited


FLIP TECHNOLOGIES SRL


Cisco


Microsoft Bulgaria


Procter & Gamble Bulgaria EOOD


Volkswagen Group: Volkswagen AG, Audi AG


Bytedance


Kohlberg & Co


Devin EAD


Robinhood


Deutsche Telekom


Highlight-Mandate


  • Advised Synechron, Inc. on the acquisition of Dreamix, providing full support, advice and legal assistance to Synechron throughout the transaction process.
  • Provides ongoing regular legal advice to Meta, including on matters related to personal data protection and the usage of various innovative technology.
  • Advised Nippon Express on the acquisition of Cargo-Partner subsidiaries in Central and Eastern Europe.

Dimitrov, Petrov & Co

Global corporations, including pharmaceutical companies, telecoms operators, internet service providers and software companies belong to Dimitrov, Petrov & Co's regular client roster. These clients turn to the firm for their ‘unmatched’ expertise, which is applied in data protection and cybersecurity matters, digital transformation projects, M&A transactions, e-commerce mandates and disputes. Five practice heads lead the team: George Dimitrov, who advises on innovative e-products; Hristo Nihrizov, who is experienced in tech and telecoms M&A transactions; Nikola Stoychev, who advises telecoms providers; Martin Zahariev; and Desislava Krusteva-Doncheva, who also leads the firm’s internal data breach response and AI practices.  Tsvetelina Paskova joined the team in January 2024 from Gugushev & Partners Law Office.

Praxisleiter:

George Dimitrov; Hristo Nihrizov; Desislava Krusteva-Doncheva; Nikola Stoychev; Martin Zahariev


Weitere Kernanwälte:

Tsvetelina Paskova; Christian Ivanov; Viktoriya Veleva; Konstantin Kostadinov


Referenzen

‘Desislava Krusteva always strives for quick and pragmatic solutions. Viktoriya Veleva, associate, works mostly independent on many mandates and also delivers very good and reliable results on time.’

‘The team stands out due to its deep focus on a client-centric approach, where understanding and addressing the specific needs and challenges of each client is crucial. This tailored approach not only fosters stronger client relationships but also ensures more effective and personalised legal advice.’

‘Their TMT practice is one of the best in Bulgaria. Deep legal and technology understanding, always prepared and ahead of the many novelties and regulations in our industry.’

Kernmandanten

Google


Yettel Bulgaria


Pfizer, Johnson & Johnson, Eli Lilly/SUISSE/SA, Roche Bulgaria


LucidLink


Jobs.bg


European Commission via Spark Legal Network


Networx-Bulgaria/Svilen Maximov


SC Telecom/Yuliy Nushev


Highlight-Mandate


  • Assisting the mobile operator Yettel with regard to challenging the acquisition of the leading TV distribution provider Bulsatcom by Vivacom.
  • Assists a number of leading pharmaceutical companies, such as Pfizer, Johnson & Johnson, Eli Lilly/SUISSE/SA, Roche Bulgaria with regard to their activities in Bulgaria on variety of matters related to their digital transformation, data protection compliance, digital marketing projects, etc.
  • Providing complex services to Google as its exclusive legal counsel for Bulgaria with a specific focus on content, data protection, AI and other TMT law matters, competition law and regulatory issues.

Djingov, Gouginski, Kyutchukov & Velichkov

Transactional work lies at the heart of Djingov, Gouginski, Kyutchukov & Velichkov's TMT practice, with members of the team advising technology companies and service providers, software services media companies and telecommunications operators on complex, cross-border acquisitions. Furthermore, the team provide ongoing advice comprising privacy policies, data and consumer protection and competition matters. Violetta Kunze leads the team and has extensive expertise and experience in regulatory matters including on outsourcing agreements, data protection and cybersecurity. Ralitsa Gougleva and Georgi Sulev are also key members of the TMT practice.

Praxisleiter:

Violetta Kunze


Weitere Kernanwälte:

Ralitsa Gougleva; Georgi Sulev; Vladislav Antonov; Kamen Gogov; Anita Dangova; Eduard Draganov


Referenzen

‘DGKV’s support is above average. Their level of commitment to complete instructions within very tight deadlines is unparalleled. The team’s experience and lever of expertise allows them to provide highly reliable, comprehensive and commercially sound advice on the go if need be.’

‘Violetta Kunze is not just a great partner abut a seasoned lawyer, easily accessible and highly responsive to instructions often time constrained and working under significant pressure.’

Kernmandanten

PPF s.a.


Juniper Education Holdings Limited


Bianor Holding AD


TI Sparkle Bulgaria EOOD, PCCW Global B.V., Verizon Bulgaria EOOD (Confidential), Fuze B.V., TNS/Towerhouse Ltd., Raniot, Tata Communications


Google Ireland Ltd.


Colt Technology Services


booking.com


M2M B.V. and M2M group of companies


BrightCap Ventures


Dreamix OOD


Highlight-Mandate


  • Assists PPF Group (‘PPF’) on the Bulgarian law aspects associated with the agreement between PPF and Emirates Telecommunication Group Company (‘e&’) under which e& will acquire a stake of 50% plus one share in PPF Telecom Group’s assets in Bulgaria, Hungary, Serbia and Slovakia.
  • Advised Juniper Education Holdings Limited in relation to the legal due diligence and acquisition of 100% of the capital of Shkolo EOOD.
  • Advised Bianor Holding AD, a company that is listed on the Bulgarian Stock Exchange and unites a group of high-tech IT companies that perform software services with high added value for a number of technology companies throughout the world, on the acquisition of a number of software companies.

CMS

CMS has a strong foothold in the media sector, exceling on matters concerning media regulation, legislative procedures, licensing of electronic communications services, IP rights and data protection. The team additionally regularly assists on M&A transactions in the TMT sector. Four practitioners lead the team: Gentscho Pavlov and Atanas Bangachev, who are both well versed in TMT M&A transactions; Veliko Savov, who handles a litany of corporate and commercial mandates; and Anna Tanova, who is a key name for all the firm’s media clients and excels on IP and regulatory matters.

Praxisleiter:

Gentscho Pavlov; Atanas Bangachev; Veliko Savov; Anna Tanova


Weitere Kernanwälte:

Ivan Gergov; Eva Petrova;


Kernmandanten

Association of Bulgarian Broadcasters


Alliance of the technology industry


Midwest LTD


The Sales House LTD


National Council for Self-regulation in advertising (NCSR)


Accenture LLP / Accenture Bulgaria EOOD


Smartcom Bulgaria


AmTrust International


DNEG


Highlight-Mandate


  • Advised the Alliance of the Technology Industry on IP matters, including complex negotiations with the collective management organisations of copyrights and neighbouring rights holders.
  • Advising and representing the Association of Bulgarian Broadcasters – ABBRO in relation to the development of Bulgarian legislation in the TMT sector.
  • Advised Accenture on the acquisition of the Bulgarian subsidiary of a global American TMT company specialising in providing services that optimise the service of supply chain and customer experience management.

Georgiev, Todorov & Co

Georgiev, Todorov & Co ‘stands out in the TMT sector due to its deep industry knowledge, and ability to navigate the rapidly evolving regulatory landscape’. The team is notably strong in the telecommunications industry and advises some of the leading Bulgarian operators, namely Bulsatcom, Vivacom and BalkanTel Ltd, as well as media and tech companies on transactions, project finance and day-to-day corporate and commercial matters. Practice head Alexander Pachamanov, who is regularly on corporate and competition matters for telecoms operators.

Praxisleiter:

Alexander Pachamanov


Weitere Kernanwälte:

Tsvetelina Dimitrova; Tsvetelina Mileva


Referenzen

‘I have worked with Georgiev, Todorov & Co’s TMT practice and can confidently say the team stands out for its deep industry knowledge, strong collaborative approach and innovative solutions, particularly in client service.’

‘The team at Georgiev, Todorov & Co stand out for their deep expertise, responsiveness and proactive approach. I’ve especially valued their strategic insight, attention to detail and commitment to client needs. Their dedication and collaborative mindset set them apart from competitors.’

‘They are always willing to share knowledge and experience giving practical examples when discussing different scenarios of development of certain cases.’

Kernmandanten

Bulsatcom


BALKANTEL Ltd.


Experian Bulgaria


Borica


Ciela Norma


Vivacom


Fleet Services, Bulgaria


GPS Bulgaria


Hill Clinic


A1


Highlight-Mandate


  • Advised Vivacom in a procedure for the provision of additional radio frequency spectrum in the range of 1800 MGz for the construction of a 5Gnetwork on the territory of Bulgaria.
  • Provided legal consultations to Vivacom regarding agreements for broadcasting services to BBT and TV 7.
  • Advised T-Smart Global, a company in location-based management and the monitoring of vehicles, with regards to the provision of toll services.

Kambourov & Partners

Clients turn to Kambourov & Partners' TMT practice for its ‘prompt and high-quality services’, covering large, complex transactions, regulatory compliance advice and day-to-day assistance across a range of legal sectors. Furthermore, the team is active on contentious matters, including competition cases, and consult leading clients across the IT, media and entertainment and telecoms fields. Margarita Guigova leads the team and has a focus on the media and entertainment sector, while also advising some notable telecommunications companies. Mario Arabistanov has established experience in data protection compliance matters, and was made partner in April 2024.

Praxisleiter:

Margarita Guigova


Weitere Kernanwälte:

Mario Arabistanov; Yana Todorova


Referenzen

‘Kambourov & Partners’ team contains highly qualified and prepared professionals. Thanks to their proactive approach, potential issues were identified and addressed promptly, sparing us from unnecessary hurdles down the line.’

‘Margarita Guigova has been very responsive, highly knowledgeable and very helpful. Margarita has shown creativity and has established herself as a true professional in our relations.’

‘The team provides prompt and high-quality services where the motivation of the lawyers and their level of expertise are constantly expressed. Responses were accurate and always provided in close cooperation with in-house lawyers of the company.’

Kernmandanten

Vivacom


Qredo


AboutYou


DS Core


NitroPack


QuizChef


Bulsatcom


Net Info


United Group


Nexo


Entain


Bulgarian Weightlifting Federation


Broadcom


Balkansat


Regiocom


Centre for European Health Policies


Alliance for Creativity and Entertainment (ACE)


Schwarz IT


SMSBump


Highlight-Mandate


  • Advises and represents Vivacom in various regulatory, commercial, corporate and competition matters.
  • Assists AboutYou with the implementation of an influencer marketing strategy through livestream promotions and on various issues related to the use of the AboutYou Mode Online Shop App.
  • Advises and assist Broadcom with regard to the onboarding process and software carve-outpost-acquisition of VMware.

Kinstellar

Kinstellar is known for its expertise on large-scale transactions where the firm is often mandated by clients across the tech, software, gaming and telecoms sectors. The team is additionally well placed to advise on a range of regulatory matters, including across telecoms, digital services, data privacy, advertising and gambling. Georgi Kanev handles a broad range of matters but has specialist expertise in the gaming and entertainment industries, and he leads the practice alongside Milka Nikolova, who is well versed in media regulations and electronic communication. Nina Tsifudina is also active on TMT matters and is singled out as a ‘go-to’ contact.

Praxisleiter:

Georgi Kanev; Milka Nikolova


Weitere Kernanwälte:

Nina Tsifudina; Debora Dineva


Referenzen

‘Kinstellar has been our go-to partner in Bulgaria. Being in TMT domain as an enterprise, we regularly face issues that require legal inputs. Kinstellar has been prompt, easy to deal with and extremely helpful in helping us out.’

‘Nina Tsifudina is our go-to contact. Extremely helpful and understanding.’

‘What we highly value in the team is that it is quite diverse, including people with in-depth competencies in different areas. We have used their services on various topics and have always received an extensive standpoint with suggested actions. Another thing we appreciate is that every time we reach out for support, we receive a reply in a very timely manner.’

Kernmandanten

TAWAL


United Towers


Monotype


KASTA


Open Text


Warner Bros


HCL Technologies


TikTok Information Technologies UK Limited


Kin + Carta Plc.


Meta


UKG Inc.


KBC Global Services N.V. – Branch Bulgaria


Highlight-Mandate


  • Advised TAWAL on its 100% acquisition of the tower assets of United Group B.V. for €1.2bn across Bulgaria, Slovenia and Croatia.
  • Advised Warner Bros on the global rollout of the Max streaming service in Central and Eastern Europe.
  • Advised TikTok on media-related, privacy, consumer protection matters and product salesmatters. Recent advice included, inter alia, a review of consumer-facing subscriptions across six jurisdictions (Bulgaria, Czech Republic, Croatia, Hungary, Romania and Slovakia).

Schoenherr

Schoenherr's broad TMT practice has a stellar client roster of international and domestic technology and media companies, e-commerce operators, mobile operators and telecoms providers. The team covers complex M&A transactions, recently in the telecoms space, full-scope legal assistance including regulatory advice, data protection and IP support. Practice head Ilko Stoyanov and is a specialist in M&A and PE transactions. Marin Demirev is another key contact and focuses on regulatory matters.

Praxisleiter:

Ilko Stoyanov


Weitere Kernanwälte:

Marin Demirev; Kristina Bozhinova


Kernmandanten

Space Exploration Technologies Corporation (SpaceX)


Hypercapital Inc.


KKCG Group / Aricoma Group International AB


S.A. SPADEL N.V.


SendinBlue


Chaos Software


NTT DATA Business Solutions


SAP and SAP Labs Bulgaria


ABN AMRO Bank


Coöperative Rabobank


ING Bank


INVESTEC Bank


Avenue One


Ringier AG


Robert Bosch GmbH


United Group


Leoni AG


Bulgarian Telecommunications Company AD (Vivacom)


Thales


OMV Bulgaria


Deutsche Bank


GTS TELECOM (part of Deutsche Telekom AG)


Trivago


Amway


Highlight-Mandate


  • Advised e& on the acquisition of a controlling stake in PPF Telecom Group’s assets in Bulgaria, Hungary, Serbia and Slovakia, Yettel and CETIN entities in Bulgaria, Hungary and Serbia and O2 and O2 Networks in Slovakia.
  • Advised SpaceX on the role out of its Starlink satellite internet constellation services to CEE and SEE.
  • Advised the KKCG Group and its portfolio company Aricoma Group International AB on the latest stage of the staggered acquisition of Musala Soft.

Velchev & Co. Law Office

Velchev & Co. Law Office are singled out for their ‘in-depth expertise in the telecoms business’ where they are especially well versed in telecommunications regulations and apply this when advising public and private sector companies. Through practice head Martin Yakimov the firm is also well placed to advise on complex regulatory mandates in the gambling industry. Leading the practice alongside Yakimov is managing partner Pavel Velchev who handles various corporate and commercial mandates for TMT clients.

Praxisleiter:

Pavel Velchev; Martin Yakimov


Weitere Kernanwälte:

Kameliya Zhecheva-Makaveeva; Yana Marinova


Referenzen

‘The Velchev & Co. Law Office Team is unique for us for several reasons. With their area of focus and their dedicated client centric approach we always getting a tailor made service for our needs. The team is literally always available and provide comprehensive solutions for any aspect of legal issues.’

‘The individuals are very experienced and well connected in the industry. With their clear communication they’re consistently keeping us both informed and involved.’

‘The team has specialisation and professional experience in the sphere of regulation, external relations, administrative, commercial, competition and corporate law, together with a strong knowledge of the gaming regulatory framework.’

Kernmandanten

A1 bulgaria ead


A1 towers bulgaria eood


M&bm express ood


Tixi ad


Aprimis eood


Management business mashine ood


Colabium eood (mrbit online casino)


Efbet ad


Kaizen gaming international (betano)


Arrise solutions (malta) limited


Playtech


Lights & wonders


Merkur gmbh


Zitro international sarl


Spintec d.o.o.


Studio21


Rokker limited


Gameprom ood


Gaming laboratories international (gli)


Siq gaming laboratories ltd.


Gaming associates


Quinel limited


Epg financial services ltd.


Highlight-Mandate


  • Advised A1 Bulgaria on appeal of the decisions by the Competition Protection Commission permitting acquisition of Bulsatcom EOOD by Vivacom Bulgaria EAD.
  • Provided exclusive full legal, regulatory and compliance support for the setting-up of an innovative high-tech live casino studio in Bulgaria.
  • Provided full legal and regulatory support in the successful licensing process of Colabium EOOD as online casino and sportsbook operator.

Wolf Theiss

International investment funds, corporates and tech start-ups are among the clients that Wolf Theiss regularly advises on M&A transactions, investments and corporate matters, while also handling day-to-day legal matters across data protection, IP and regulatory. The practice is headed up by Richard Clegg, who has extensive experience handling M&A transactions in the TMT space, and Anna Rizova, who has experience in regulatory and data protection matters.

Praxisleiter:

Anna Rizova; Richard Clegg


Weitere Kernanwälte:

Radena Tsvetanova; Zhulieta Markova; Staniella Todorova


Referenzen

‘The TMT team at Wolf Theiss demonstrates exceptional skill and insight into the rapidly evolving tech landscape. Their multidisciplinary approach allows them to seamlessly handle complex issues, from regulatory compliance and data protection to mergers, acquisitions, and tech company setup.’

‘Wolf Theiss are demonstrating not just legal expertise but also a deep understanding of the tech sector’s unique challenges, making them a true business partner rather than just a legal advisor. They are always thinking a few steps ahead, which has helped us navigate regulatory issues and complex tech transactions smoothly.’

Kernmandanten

Advent International Corporation


Amdocs


Apollo Global Management


FactSet


NIK Electronics


Loren Networks


MentorMate


POP Global Holdings


Software AG


Software Group


Tempus Ex Machina


The Financial Times


Industria


Eleven


Highlight-Mandate


  • Advsied Apollo Global Management in their acquisition of PHOS, a UK fintech start-up, focusing on due diligence for corporate, IP, data protection, and employment aspects, with particular attention to verifying the chain of copyright for PHOS’s software.
  • Advised Advent International during their $500m acquisition of MyPOS, including conducting due diligence, supporting the sale and purchase agreement, and advising on deal structuring, incentive bonuses, intellectual property assignments, and management arrangements.
  • Advised Software AG on the restructuring and sale of its SuperiPaaS business to IBM, navigating regulatory frameworks, drafting and negotiating transactional documents, ensuring compliance with local laws in Bulgaria, Romania and Austria.

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria advises radio stations, IT companies and digital media providers often in an ongoing capacity on EU regulatory, data protection, IP, corporate, commercial and employment matters, while also handling disputes in the area. Severina Liubenova leads the practice and has extensive experience in the Bulgarian radio and television legislation.

Praxisleiter:

Severina Liubenova


Weitere Kernanwälte:

Nedko Radev


Kernmandanten

RadioPlay Media


Noventiq LTD


Gedeon Richter Plc.


National Scout Organization of Bulgaria (NGO)


HabitADD LTD


Highlight-Mandate


  • Advising RadioPlay Media on various legal matters in a day-to-day capacity.
  • Advising Novetiq Ltd on various legal matters in an ongoing capacity.
  • Advised the Ministry of Regional Development and Public Works regarding the implementation of an IT system for management of the state and municipal properties in Bulgaria and abroad.

Jordanov, Ignatov, Ivanov Law Firm

Praised for its ‘deep understanding of the technology and media landscape’, Jordanov, Ignatov, Ivanov Law Firm is well placed to advise on technology transactions, digital business matters, software licensing agreements, IP matters, transactions and disputes. Rumen Ignatov, who is well versed in the telecoms sector; Svetlana Valeva, who excels on data protection matters; and IP expert Darina Gospodinova jointly lead the practice.

Praxisleiter:

Rumen Ignatov; Svetlana Valeva; Darina Gospodinova


Weitere Kernanwälte:

Dimitar Ivanov


Referenzen

‘Jordanov, Ignatov, Ivanov Law Firm excels in the TMT sector due to their deep understanding of the technology and media landscape. Their unique ability to combine legal expertise with industry insights allows them to deliver practical solutions for complex issues like data privacy and intellectual property.’

‘Rumen Ignatov and Svetlana Valeva stand out for their exceptional expertise and client-focused approach. Rumen’s leadership and deep knowledge of the TMT sector provide strategic guidance, while Svetlana’s proactive problem-solving make her an invaluable asset to the team.’

‘The Jordanov, Ignatov, Ivanov Law Firm excels in the TMT sector with its unique combination of deep industry expertise and a forward-thinking approach to legal challenges. Potential clients would appreciate the team’s strong capabilities in handling regulatory issues, intellectual property, data privacy, and technology contracts with agility and precision.

Kernmandanten

Legrand


IQVIA


EcomSolutions


ImmoTech Germany


Aqua Lense


Leader 96


Turk Telekom International BG EOOD


Sciant AD


Speedvalue Ltd, Israel


UVI United Vision


Mundus Services


Lenses


Elslack EOOD


Highlight-Mandate


  • Advised ImmoTech Germany on a German-Bulgarian partnership focused on the development and distribution of high-tech facility management software.
  • Advise IQVIA on intellectual property rights related to the promotion of a new medical product on the Bulgarian market.
  • Advise Ecom Solutions on a high-stake service level contract with an Indian contractor

Penkov, Markov & Partners

Praised by clients as ‘very knowledgeable, very responsive and easy to work with’, Penkov, Markov & Partners regularly assist TMT clients with the expansion of new products, outsourcing, website development, e-commerce and general contractual support. Nikolay Cvetanov leads the team and has extensive experience in the fields of personal data protection and cybersecurity.

Praxisleiter:

Nikolay Cvetanov


Weitere Kernanwälte:

Ana Krusteva; Roman Stoyanov


Referenzen

‘Roman Stoyanov is an excellent skilled lawyer.’

‘This team combines a deep understanding of technology and telecommunications law with a commitment to client success, ensuring that companies operating in these fast-evolving sectors receive practical, future-oriented solutions. As managing partner, Nikolay Cvetanov is the cornerstone of the TMT practice, providing strategic oversight and industry-leading insights.’

‘Preparation of contracts, preparation of rules and procedures for personal data, information security, preparation of documents during inspections following a signal from the Commission for Protection of Competition.

Kernmandanten

Tiger Technology


Naturpodukt


Wealthlock


Mebelmag


Izzi Platform, Klett Publishing house


Ferratum


Mondi Stambolijski


AdminSoft Plus (part of Klett Group)


Association for Responsible Non-Banking Crediting


Nokia Solutions and Networks


Audi


FedEx


Highlight-Mandate


  • Advising Audi on comprehensive project with respect to myAudi and ensuring compliance with local regulatory laws and practices in terms of a new concept in Audi branded cars.
  • Advised Tiger Technology AD on structuring of its business in Europe, EEA and US with respect to diversification of the different business units and sub-services, surveillance and healthcare.
  • Advised Naturprodukt on the legal compliance of its online sales with various legal regulations and compliance practices of the regulatory authorities.