Cerha Hempel has advised Pierer Mobility on the establishment of an e-bike production joint venture with Maxcom. Reportedly, Noerr advised Pierer as well and Lukanov & Gencheva advised Maxcom on the deal.

In December 2021 the Bulgarian Parliament adopted a moratorium on electricity, water supply and heating prices on the regulated market. The moratorium was imposed due to the record high electricity prices on the Independent Bulgarian Electricity Exchange ("IBEX") and the expected adjustments in the prices on the regulated market applicable to household customers. The Bulgarian Energy and Water Regulatory Commission ("Regulator") has been prevented from taking any action regarding these price increases until 31 March 2022 by virtue of the moratorium.

Komarevski, Dimitrov & Partners has advised the Eurolease Group on its acquisition of Mogo Bulgaria.

The first regular government formed after three extraordinary parliamentary elections, with pending reforms on the horizon, are a source of moderate optimism in Bulgaria, according to Djingov, Gouginski, Kyutchukov & Velichkov Partner Violetta Kunze.

Contributed by Schoenherr.

Tsvetkova Bebov & Partners has advised TBI Bank on "the first-ever regulatory T2 bond issuance on the Bulgarian public capital markets.

Tsvetkova Bebov Komarevski has changed its name to Tsvetkova Bebov & Partners, following the departure of Ilya Komarevski. Aside from the new name, the firm announced that Victoria Tzonkova and Damyan Leshev were elevated to Partner, while Eleonora Mateina was appointed to Head of Competition and Pharmaceuticals. 

Kinstellar has advised the Black Sea Trade and Development Bank on its “Framework Agreement for Pandemic Crisis Response Programme” that will be implemented together with the National Guarantee Fund.

DPC has advised DHH S.p.A on the acquisition of the Bulgarian tech company Evolink AD.

Former Tsvetkova Bebov Komarevski Partners Ilya Komarevski and Venelin Dimitrov have established a new firm in Sofia – Komarevski Dimitrov & Partners.

Georgiev, Todorov & Co. has successfully defended Port of Burgas before Bulgaria’s Supreme Administrative Court against electricity distribution operators Elektrorazpredelenie Yug and EVN Bulgaria Elektrosnabdyavane.

Former Kambourov & Partners Founder and Partner Mitko Karushkov opened a new law firm in Sofia – Karushkov Legal solutions.

In February 2021, the Bulgarian Parliament adopted a major amendment to the Law on Protection of Competition (LPC). More than a hundred provisions were amended or newly introduced, making this change arguably the largest since the initial adoption of this law in 2008.

Antoniya Markova, Daniela Petkova, Yoanna Ivanova, and Kostadinka Deleva have been appointed as Partners with Gugushev & Partners in Bulgaria.

In recent years, as a result of the global political and economic environment and the consequences of the Covid-19 pandemic, the e-commerce has become a preferred method for trading goods and services for both businesses and consumers. More and more online trading platforms are emerging, where platform operators connect sellers and buyers using different business models and payment mechanisms.

Kinstellar and Eisenberger + Herzog have advised Belgian KBC Group subsidiary KBC Bank on its EUR 1 billion acquisition of Raiffeisen Bank International’s Bulgarian subsidiary Raiffeisenbank. Wolf Theiss advised the seller.

Boyanov & Co has advised the European Investment Bank on increasing the financing of Oliva AD.

Schoenherr has announced the appointments of Austria-based Miriam Simsa, Bulgaria-based Alexandra Doytchinova and Czech Republic-based Vladimir Cizek to Equity Partners. The firm also promoted Austria-based Dominik Hofmarcher and Slovakia-based Sona Hekelova to Partners.