On 1 July 2025, the provisions of the Civil Procedure Code (CPC) regulating the new provisions in Chapters Thirty-Six ‘Issuance of a Writ of Execution’ and Thirty-Seven ‘Order for Payment Proceedings’ came into force, after the original date was postponed by one year. Also on 1 July 2025, the amendments to Regulation No. N-2 of 18 February 2020, issued by the Minister of Justice, came into force.

Bulgaria’s Technology, Media, and Telecommunications (TMT) sector is continuing its steady and dynamic growth, reflecting the country’s ongoing digital transformation and its increasing role as a regional technology hub.

Wolf Theiss has advised Sofia South Ring Mall on the EUR 79 million cross-border refinancing of its flagship retail property in Bulgaria. Dentons and Boyanov & Co advised the lenders – Eurobank Bulgaria, Eurobank Greece, and Eurobank Luxembourg Private Bank.

Allen Overy Shearman Sterling has advised Citigroup Global Markets Europe, Goldman Sachs Bank Europe, and J.P. Morgan as joint bookrunners and joint lead managers, as well as The Law Debenture Trust Corporation as trustee, on the EUR 700 million issuance of 8% senior guaranteed green notes by Energo-Pro. Tsvetkova Bebov & Partners, member of Eversheds Sutherland, advised the issuer. BLC Law Office and White & Case and its Turkish affiliate law firm GKC Partners reportedly advised the issuer and guarantors. Boyanov & Co and, reportedly, BGI Advisory Services advised the joint bookrunners, the joint lead managers, and the trustee as well.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: For 2025, what is the one sector or industry in the country that shows the most promise for growth, and why?

Boyanov & Co. has advised Generali CEE Holding in the acquisition of United Health Insurance Fund Doverie. Djingov, Gouginski, Kyutchukov & Velichkov advised the seller.

The Bulgarian Parliament has recently adopted an Act to amend and supplement the Bulgarian Commercial Act[1] implementing the requirements of Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions.

The European Union’s Strategy for Cooperation in the Indo-Pacific, launched in October 2021, marked a significant shift in the EU’s foreign policy. It represented a comprehensive approach to engaging with the region of the Indo-Pacific, which is increasingly recognized as a global economic and strategic hub. Together, the Indo-Pacific and Europe hold over 70% of global trade in goods and services, as well as 60% of foreign direct investment (FDI) flows.

On 7 November 2024, Boyanov & Co. with the support of the European Investment Bank organised the international conference “Life-Cycle Challenges of the Start-Ups”. The event focused on navigating the landscape of the Bulgarian start-up ecosystem through its major challenges in 2025; government programs, grants, and EU funds for financing start-ups in 2025; and broadening horizons for international expansion of the CEE start-ups and venture capital funds. With this conference, Boyanov & Co. reaffirmed its commitment to supporting the start-up ecosystem in Bulgaria.

Boyanov & Co has advised Bulgarian pharma company Sopharma on its acquisition of a pharmaceutical product portfolio consisting of both CHC and prescription products.

Clifford Chance has advised KKCG's IT pillar on the integration of the acquisition debt, following the acquisition of Avenga Group, into the group's umbrella financing.

Boyanov & Co. has advised Generali CEE Holding in the acquisition of United Health Insurance Fund Doverie. Djingov, Gouginski, Kyutchukov & Velichkov advised the seller.

The Supreme Administrative Court (SAC) ordered the National Revenue Agency (NRA) to repay default interest charged on precisely defined and fully paid advance corporate income tax instalments that were not declared.

Boyanov & Co. Partner Kina Chuturkova highlights progress made in Bulgaria in terms of reforming the judicial system but areas where improvements are still needed remain.

After years of preparation, Bulgaria’s integration into the Schengen area marks a significant moment, with the lifting of border controls at air and sea entry points as of March 2024. Boyanov & Co Managing Partner Borislav Boyanov, Dinova Rusev & Partners Managing Partner Ivelina Cherneva, Djingov, Gouginski, Kyutchukov & Velichkov Partner Anton Krustev, and Gugushev & Partners Senior Partner Victor Gugushev discuss Bulgaria’s pursuit of Schengen integration.

Boyanov & Co, working with Gianni & Origoni, has advised UniCredit Bulbank and the United Bulgarian Bank on their financing for Plastchim-T's acquisition of Manucor.

Boyanov & Co. has advised digital transformation consultant Synechron on its full acquisition of Bulgarian developer Dreamix. Djingov Gouginski Kyutchukov & Velichkov advised Dreamix and its nine shareholders on the sale.

Boyanov & Co. has advised the Eurobank group on its EUR 61 million general corporate purposes financing for Galleria Burgas EAD and Galleria Stara Zagora EAD, which own and manage the Mall Galleria Burgas and Mall Galleria Stara Zagora shopping centers in Bulgaria. Dentons reportedly advised the lenders as well.