The team at Andrey Delchev and Partners - Eurolex Bulgaria has a strong track record handling the financing of large-scale infrastructure projects, and has particular expertise devising financing structures for sustainable energy projects as well as supporting, among others, construction and mining clients during financial transactions. Stoyan Barzakov leads the practice and focuses on infrastructure, PPP and project finance legal work. Vesselin Sharov joined the firm as a senior associate from the European Parliament in 2023.

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Key clients

  • Trace Group Hold
  • Asarel Medet Group
  • Bulgarian Development Bank
  • World Bank
  • National Trust EcoFund (NTEF)
  • Ministry of Regional Development and Public Works
  • Public Enterprise Vodovod & Kanalizacija – Skopje (the WSS Company in Skopje, Macedonia)

Work highlights

  • Advised the Bulgarian Development Bank regarding the collection of its receivables arising out of bank guarantees already paid out to beneficiaries of the “Guarantee Fund for Micro Credit”, including on the mechanism of subrogation in Bulgarian law.
  • Advised National Trust EcoFund on public procurement and competition law matters related to environmental projects financed under NTEF’s grants scheme.
  • Provision of legal assistance to the Ministry of Regional Development and Public Works in the administration of signals for irregularities under the Operational Program "Regions in Growth" 2014-2020 and in the process of imposing financial corrections in relation to public procurements.

Practice head

The lawyer(s) leading their teams.

Stoyan Barzakov

Other key lawyers

Andrey Delchev, Vesselin Sharov