CMS' energy, projects and construction practice group maintains a strong position in the Bulgarian infrastructure projects sphere, with the firm demonstrating expertise across railway, oil and gas, and renewables infrastructure projects. The firm advises on all manner of tender documentation, procedures for construction work, and public-private partnerships, as well as assisting with the structuring of projects and their financing. A recent notable work highlight was the firm’s involvement in a successful public procurement procedure on behalf of Czech consortium Škoda Transportation and Škoda Vagonka for a contract working on the subway infrastructure in Sofia. Head of energy, projects and construction Kostadin Sirleshtov and Dimitar Zwiatkow, who specialises in project finance, regulatory matters and energy mandates, jointly lead the practice.
Projects and PPP in Bulgaria
CMS
Responsables de la pratique:
Kostadin Sirleshtov; Dimitar Zwiatkow
Autres avocats clés:
Denitsa Dudevska
Les références
‘A great team of professionals, with extensive expertise in the oil and gas industry. They provide very prompt and client-oriented advice.’
‘Kostadin Sirleshtov is a superb professional. He is very client oriented and has strong connections with the relevant authorities.’
‘Denitsa Dudevska is a high-quality professional, who is very knowledgeable about oil and gas legislation, provides legal advice to a high standard and is very prompt.’
Principaux clients
OMV Petrom, Total
Vier Gas Transport GmbH
BayWa r.e. Solar Projects GmbH
Vestas Development
Agroconsult
SC CIGA Energy SA
Unicorn Systems a.s.
Škoda
Principaux dossiers
- Advised Vier Gas Transport GmbH on in the preparation, application and bidding processes of a public procurement procedure held by the Bulgaria-Greece gas interconnector company – ICGB AD.
- Supported Czech consortium Škoda Transportation and Škoda Vagonka in its successful participation in the public procurement procedure held by Metropoliten Sofia.
- Assisted Vestas Development with the due diligence on a large greenfield wind portfolio, negotiations with local developers and the acquisition of local projects.
Djingov, Gouginski, Kyutchukov & Velichkov
Governmental bodies and financial institutions frequently turn to the ‘dedicated and committed’ projects, PPP and PFI team at Djingov, Gouginski, Kyutchukov & Velichkov when it comes to real estate, energy, utilities and transport projects. Structuring public procurement procedures, concessions, tenders and transaction agreements and project financing are among the firm’s strengths in this area; a recent significant work highlight is its advice to SOF Connect regarding the types of contracts needed to install a new baggage handling system at the Sofia Airport. The leadership team is comprised of experts in their respective fields, including Milan Pandev, who heads the energy and utilities practice group, Anton Krustev, who leads the public procurement, ESIF and transport practice group, and Stephan Kyutchukov, who heads the real estate and construction team.
Responsables de la pratique:
Milan Pandev; Anton Krustev; Kaloyan Krumov; Georgi Gouginski; Stephan Kyutchukov; Nikolai Gouginski; Georgi Tzvetkov
Les références
‘The whole team is very dedicated and committed to our projects. The team have a deep understanding of the various legal issues in the field of international relationships and contracting. The team use up-to-date legal wording and have an uncanny insight into details.’
‘They are professionals who can be relied upon to fully and professionally reflect their client’s needs.’
‘A large team combining expertise in a wide range of areas that a business might need.’
Principaux clients
SOF Connect
General Electric Healthcare
Vitol Gas & Power B.V.
ContourGlobal Maritza East III
Axpo Bulgaria AD
NEPI Investment Management SRL
1PAX SAS
CTP
Chariot Motors AD and Consortium Chariot Motors/Higer Bus Company Limited
Challenger Development
Metinvest B.V.
Principaux dossiers
- Advised CTP on the development and operation of rooftop-mounted solar PV plants in industrial and logistics parks, as well as electric storage facilities.
- Assessed the appropriate type of contracts and prepared several drafts of contracts for turnkey works for the design, manufacturing supply and installation of the baggage handling system and hold baggage screening system in Sofia Airport’s Terminal 2 on behalf of SOF Connect.
- Advised General Electric Healthcare on a public tender by the Ministry of Health for the purchase of imaging equipment funded under the “Regions in Growth” 2014-2020 operational programme.
Kambourov & Partners
Kambourov & Partners has a ‘remarkable track record of handling large-scale ventures’, where the multidisciplinary team is well equipped to advise clients on the entire lifecycle of infrastructure and PPP projects across the transport, real estate, water and waste and energy sectors. The firm's work comprises procurement, due diligence, planning, construction and financing advice, alongside regulatory matters. Stefan Tzakov, who bolsters the team's offering with his extensive experience in tender agreements and negotiations with state and municipal authorities, and Atanas Shopov, who leads on real estate and construction mandates, head the practice.
Responsables de la pratique:
Stefan Tzakov; Atanas Shopov
Les références
‘Kambourov & Partners has developed a deep understanding of our projects and takes this into account when providing advice. The law firm always manages to provide excellent support.’
‘Stefan Tzakov is outstanding! Stefan takes the leading role on our matters, showing a wide and deep knowledge and experience in our fields of business, as well as coordinating the team. Stefan not only assists but guides us.’
‘One of the key attributes that makes Kambourov & Partners stand out in projects and PPP is their multi-faceted approach to client needs. Their team comprises experts who ensure a 360-degree understanding of any project. Potential clients should consider the team’s unparalleled depth of expertise in navigating the complexities of public-private partnerships. Their hands-on approach and breadth of experience make them an obvious choice for sophisticated projects.’
Principaux clients
Telelink Business Services
Shanghai Electric Power
Consortium Metro-Iztok
Ares Engineering
Witte Automotive
CNNP Rich Energy Co.
Consortium HSS-Monolit Sofia
Kamenitza
SRT
United Group
Kapsch Trafficcom AG
CWP Europe
Vivacom
Kaufland
Citygas
Principaux dossiers
- Advised Telelink Business Services on a tender procedure for the upgrade, modernisation and maintenance of a system for urban transport management and services for the organisation, administration and control of sales of public urban mobility services.
- Assisting CNNCHN with the acquisition of a Bulgarian onshore wind power project.
- Advised the HSS-Monolit Sofia consortium on the public procurement procedure for the design and construction of a new section of the third line of the Sofia Metro.
Andrey Delchev and Partners - Eurolex Bulgaria
Andrey Delchev and Partners - Eurolex Bulgaria is best known for its work with public bodies and the projects and PPP team is no exception, handling the implementation of large infrastructure projects and their financing, most notably in the transportation sector. Renewable and sustainable energy projects and advising on legislative amendments also make up a significant part of the practice group's portfolio. Founding partner Andrey Delchev leads the team alongside Magdalena Valova, who is a leading practitioner in concessions law.
Responsables de la pratique:
Andrey Delchev; Magdalena Valova
Principaux clients
Ministry of Regional Development and Public Works
Geodesy, Cartography and Cadastre Agency
National Trust EcoFund
Public Enterprise Vodovod & Kanalizacija Skopje
Energy and Water Regulation Commission
Bulgarian Association of Dental Technicians
Yambol municipality
Trace Group Hold
Assarel Medet
Arrowbio
Ormat
Principaux dossiers
- Advised the Geodesy, Cartography and Cadastre Agency on a project for the creation of a new national register of addresses and the development of new legislation and the amendment of existing normative acts.
- Assisted the Ministry of Regional Development and Public Works regarding the preparation of a proposal for legislative amendments and a technical assignment for the development of a property management system, including a new unified register of all state and municipal property in Bulgaria.
- Advised the Ministry of Regional Development and Public Works on whether public procurements procedures have been carried out in compliance with the applicable legal requirements under the “Regions in Growth” 2014-2020 operational programme.
Boyanov & Co.
The multidisciplinary approach of Boyanov & Co.‘s projects and PPP unit draws on expertise from the energy and natural resources, real estate and construction, M&A and banking and finance departments to advise on foreign investment projects and transactions, major privatisations, infrastructure projects, public procurement and concession agreements. The team has recently been involved in green energy projects, a natural gas pipeline project and various acquisitions involving real estate and telecoms assets. The practice is led by Alexander Chatalbashev, Nickolay Nickolov, Yordan Naydenov and Damian Simeonov.
Responsables de la pratique:
Alexander Chatalbashev; Nickolay Nickolov; Yordan Naydenov; Damian Simeonov
Les références
‘Competent professionals who are very well aware of the relevant national legislation.’
Principaux clients
World Bank
Actis/Rezolv Energy
Heidelberg Materials/Devnya Cement
Renewable Energy Systems Ltd
Groupe PHOTOSOL
World Bank
Actis/Rezolv Energy
Principaux dossiers
- Advised Devnya Cement AD on the implementation of the ANRAV-CCUS project, the first CCUS cluster in Eastern Europe.
- Advised Rezolv Energy on the acquisition and development of one of Bulgaria’s largest PV projects, with a capacity of 229 MW.
- Advised FHL Kiriakidis on the acquisition of a local company holding the concession for the extraction of natural resources.
Dimitrov, Petrov & Co
Public procurement and large infrastructure projects lie at the heart of Dimitrov, Petrov & Co‘s projects and PPP practice group, with the team regularly acting for energy and renewable energy, telecoms and real estate clients. Boyana Milcheva, who is praised by clients as ‘working wonders in the field of construction and real estate law’, and Donka Stoyanova head the team.
Responsables de la pratique:
Boyana Milcheva; Donka Stoyanova
Autres avocats clés:
Pencho Stanchev
Les références
‘DPC have been our trusted advisers for years and we can recommend them as exceptional professionals. We are delighted to work with such qualified and positive professionals.’
‘Boyana Milcheva is an excellently prepared lawyer who works wonders in the field of construction and real estate law.’
‘The whole team is incredibly responsive and accessible. They consistently make themselves available to address our questions and concerns promptly. This level of commitment and client care fosters a sense of partnership and trust, making them an integral part of our team.’
Principaux clients
European Wind Farms Bulgaria ApS
Alpiq Energy SE
Sliven Eparchy
Black Sea Properties AS
Evrotrust Technologies
Yettel
Bispud
Medika 2012
Tradenet Varna
New Capital Management
Monolitstroy
Bulad Dent
Multiforce A. S.
Elta 90M
Principaux dossiers
- Advising the Mareshki group on all stages of the development of a 60 MW solar power plant, including on the construction and procurement contracts.
- Advising European Wind Farms Bulgaria ApS, one of Europe’s leading energy companies, regarding the development of a solar power plant on a territory of 1,000,000 sq m located near Sofia.
Schoenherr
Schoenherr handles various matters across the projects field in Bulgaria, although thanks to the expertise of practice co-head Stefana Tsekova, it is particularly active in relation to energy and renewable energy infrastructure projects, where the team is involved in project financing, acquisitions and regulatory matters. Public procurement advice is a further strength of the team. Alexandra Doytchinova co-heads the team and is well versed in concessions and PPP matters.
Responsables de la pratique:
Stefana Tsekova; Alexandra Doytchinova
Principaux clients
EBRD
Space Exploration Technologies Corporation (SpaceX)
RGREEN Invest SAS
IBH S.r.l.
Enery Development GmbH
Liechtenstein Group
European Commission
MET Group
OMV Bulgaria
Edison Italy
OMV Petrom
Woodside Energy
UniCredit Bulbank AD
RWE
Raiffeisen Bank International AG
Husqvarna Group
Alstom SA
Thales
Principaux dossiers
- Assisting the EBRD and the Ministry of Energy with the implementation of the Investment 6 and Investment 8 projects under the Recovery and Resilience Plan, with a total value of over 1 billion EUR.
- Advised SpaceX on the rollout of its Starlink satellite internet constellation services to the CEE and SEE regions.
- Advised Edison on the Bulgarian corporate and regulatory law aspects of the implementation of the gas interconnector between Bulgaria and Greece.
Arsov Natchev Ganeva
Public utilities and communal services, water and energy facilities, and public transport infrastructure are among the projects that the lawyers of Arsov Natchev Ganeva are active in. The team has expertise in concessions, feasibility studies and tender documentation and advises private investors and state authorities on the private financing of state-owned infrastructure. Concessions expert Svetlana Ganeva and Dessislava Lukarova jointly lead the projects and PPP practice.
Responsables de la pratique:
Svetlana Ganeva; Dessislava Lukarova
Principaux clients
Veolia Group & Sofiyska Voda
Ministry of Transport, Information Technology and Communications of the Republic of Bulgaria
Kontron Transportation GmbH
Principaux dossiers
- Advised Veolia Group and Sofiyska Voda on specific PPP and concession matters relating to the concession agreement of Sofiyska Voda for the provision of water and sewerage services in the municipality of Sofia and the legal regime for concessions in the Republic of Bulgaria.
Georgiev, Todorov & Co
Georgiev, Todorov & Co handles the full lifecycle of infrastructure projects, from public procurement procedures, legal due diligence, planning and development to construction. Transport (namely airports and roads), real estate, social infrastructure, and water and energy projects are among some of the recent matters the firm has been involved in. Practice head Miglena Peneva specialises in real estate, construction, concessions and public procurement.
Responsables de la pratique:
Miglena Peneva
Autres avocats clés:
Arno Mamasyan
Les références
‘The attorneys who work on our company’s cases are excellent, experienced and highly skilled experts in a variety of areas. We have complex and diverse cases for which the legal team provides effective and innovative solutions.’
‘The lawyers we work with are extremely precise. They provide unconventional and creative solutions. We get full understanding, high-quality, in-depth legal knowledge and advice. The legal team applies an individual approach to each case and to our company.’
‘Georgiev, Todorov & Co. has strong business and commercial awareness. In my opinion, what makes them stand out from the competition is the very well-synchronised team of knowledgeable and skilful lawyers and their ability to help to solve problems in challenging situations.’
Principaux clients
AG Capital Holding
Agricultural State Fund
BlackPeak Capital
Vitez Prospect AD
Bulgarian Branch Chamber “Roads”
Dolna Mitropoliya Municipality
Yambol Municipality
Ministry of Agriculture, Food and Forestry
National Association of Property Developers
Este Properties
Silistra Municipality
Toplivo Corporation AD
Sliven Municipality
G.P.Group
Vatia Holding
EXPO Dubai
Principaux dossiers
- Advised the municipality of Sliven in relation to several significant appeals of financial corrections under the “Environment 2014-2020” regional development operational programme regarding the awarding of public procurement contracts.
- Advising EIS Construction Company AD with regard to the construction of infrastructure on the territory of the public port of Varna.
- Represented G. P. Group in preliminary proceedings and the conclusion of a contract for the public procurement of Bezmer airport.
Kinstellar
Kinstellar‘s strengths include energy and renewable energy projects, telecoms M&A, real estate projects, and PPP and concessions, where the team continues to work on various legal matters relating to the concession of Sofia Airport. The team led by Diana Dimova and Antonia Mavrova frequently advises international investors, developers and banks.
Responsables de la pratique:
Antonia Mavrova; Diana Dimova
Principaux clients
TAWAL
CTP Invest
CTPark Kappa EOOD
Global Trade Center
Winslow Solar 2022 AD
SOF Connect AD
Principaux dossiers
- Advised Tawal on the acquisition of the telecoms towers of United Group.
- Advised CTP on five real estate acquisitions in Bulgaria, including the latest acquisition of four land plots in the Plovdiv area for the extension of CTP’s logistics facilities.
- Advised Winslow Solar 2022 AD on the acquisition of a 36MW PV project in Bulgaria which is currently under development.
Kolev, Angelov & Miteva Law Firm
Kolev, Angelov & Miteva Law Firm provides comprehensive legal advice to companies needing assistance with public procurement and large public tenders. The firm is involved in construction, energy and renewable energy mandates, where its offering is bolstered by practice head Angel Angelov‘s extensive experience in high-profile PPP, commercial and corporate matters.
Responsables de la pratique:
Angel Angelov
Autres avocats clés:
Nikolay Kolev
Les références
‘The firm supports our company with competence and good knowledge of the subject matter and case law.’
‘Hardworking professionals who are ready to provide in-depth analysis of new matters. Nikolay Kolev is really great lawyer.’
‘The team has unique experience in PPP as they have worked for both assignors and assignees. The true added value is that they have an eagle’s eye view over a project and can deal with the overwhelming and large amounts of documents and requirements.’
Principaux clients
Glavbolgarstroy Group of companies
Titan Machinery Bulgaria
CETIN Bulgaria EAD, part of PPF Group
Evklips Energy
Principaux dossiers
- Advised on the preparation of the application for the participation of CETIN Bulgaria in the second CEF Digital call for 5G coverage along transport corridors.
- Successfully challenged a wrongful decision of the Kozloduy Nuclear Power Plant to initiate and conduct the public procurement for the delivery of equipment for the plant before the Supreme Administrative Court on behalf of Klimatech.
- Advising Glavbolgarstroy International on the execution of a gas pipeline project connecting UGW Chiren with the existing gas transmission system of Bulgartransgaz EAD in the area of the village of Butan.
Penkov, Markov & Partners
The ‘fast, efficient and engaged’ projects and PPP team at Penkov, Markov & Partners is well versed in the acquisition of real estate projects, advising clients from the early stages of due diligence to the final drafting of commercial contracts. The team assists with projects across the commercial real estate, residential, logistics and energy infrastructure spheres. The team is headed by three of the firms’ leading lawyers: Milena Gaidarska, Nikolay Voynov and Atanas Valov.
Responsables de la pratique:
Milena Gaidarska; Atanas Valov; Nikolay Voynov
Les références
‘The partners we have worked with have always been highly engaged and available.’
‘The team is fast, efficient, engaged, knows the construction business and the urban development regulations in great detail and always helps to overcome the problems we face. We have built a trusting relationship, and we always recommend them to our partners when they seek legal advice.’
‘Milena Gaidarska is an exceptional professional with huge knowledge of the market, and the technical and legal side of procedures. She is able to handle a large workload of projects and to manage and oversee them efficiently. She is our most trusted advisor.’
Principaux clients
Tesmec Rail S.R.L.
Baringa Bulgaria
FGSZ Ltd.
Arteks Zlaten Vek OOD
Arteks Engineering AD
Global Biomet EOOD
Eura Energy AD
Magna MK EOOD
Infinity Capital AD
GD Capital Management
Eurostar OOD
P&O Real Estate OOD
CEP Renewables
Nadezhda Home
Mondi Stambolijski EAD
Mavrik Pastrogor EOOD
China Development Bank
Solar Vision OOD
APK Brezovo
Imelius OOD
Speedway EAD
Principaux dossiers
- Advised Tesmec Rail S.R.L on a BGN 80,000,000 public procurement tender announced by the National Railroad Infrastructure Company.
- Advising Magna MK EOOD on the development of one of the tallest buildings in the Balkan Peninsula, designated for multifunctional purposes.
- Advising Arteks Zlaten Vek OOD on all legal matters related to the development of one of the highest skyscrapers in Sofia.