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CMS Advises Skoda Group on Second Order from Bulgaria's Ministry of Transportation for 5 Electric Trains

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CMS has advised the Czech Skoda Group on winning a second order from Bulgaria's Ministry of Transportation for five four-car electric trains.

According to CMS, the deal is valued at over EUR 100 million. "These trains will be fully serviced for 15 years under the terms of the contract. The introduction of these new electric trains is part of a wider initiative to modernize Bulgaria's railways. The existing fleet, which includes older Skoda locomotives, will be replaced by vehicles that comply with the latest Technical Specifications for Interoperability and European standards."

“Winning this order confirms that our products can compete internationally and strengthens our position in the modernization of European rail transport," said Skoda Group CEO and Executive Chairman Petr Novotny. "Bulgaria joins the list of countries where our trains contribute to the attractiveness and accessibility of rail travel.”

Earlier this year, CMS advised the Skoda Group on winning the initial tender for 20 units (as reported by CEE Legal Matters on September 13, 2024).

The CMS team included Managing Partner Kostadin Sirleshtov, Senior Associate Diyan Georgiev, and Trainee Boris Kirov.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

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