Andrey Delchev and Partners - Eurolex Bulgaria

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Andrey Delchev and Partners - Eurolex Bulgaria has a niche focus on public sector consultancy, where ministries, state agencies and public bodies turn to the firm for assistance on the drafting of energy legislation and implementing EU law. The firm also counts national and foreign private investors in its client roster and advises on a variety of energy projects. Founder and managing partner Andrey Delchev leads this practice alongside Magdalena Valova who has extensive experience of international projects. Vesselin Sharov who joined the firm in February 2023 has a focus on both banking and finance and energy.

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Testimonials

Collated independently by Legal 500 research team.

  • ‘Since 2019, Andrey Delchev and Partners - Eurolex Bulgaria has continuously been providing to us expert legal advice, including court representation, on a particularly complex legal matter. We came to value greatly their reliability, responsiveness, and resourcefulness throughout their work on the matter. What we find special about the firm is their considerable and wide-raging experience in the energy and natural resources sectors. We also greatly value the expertise demonstrated by their lawyers in so many distinct and specific legal fields: real estate issues, state property, privatization procedures, the regulatory requirements for the provision of wastewater and sanitation and electricity services, contractual disputes, etc.’

  • ‘I have found Magdalena Valova to be extremely competent, talented, well-prepared, and professional. Her expert advice has been instrumental for a number of successful deals we have entered into throughout the years.'

  • 'My overall impression of the team is entirely positive.’

Key clients

  • Assarel-Medet JSC
  • Lukoil
  • Bulgarian Petroleum and Gas Association
  • Electrohold Bulgaria EAD
  • Energy and Water Regulation Commission
  • National Trust EcoFund
  • Arrowbio
  • Ormat
  • Hydrolia AD

Work highlights

  • Advises the Lukoil Group in Bulgaria in two set of high-profile national investigations regarding alleged abuses of dominant position on the market in the form of refusal to grant access to essential infrastructure and margin squeeze.
  • Represents the national energy regulator – the Energy and Water Regulatory Commission - in a dispute against the National Electric Company EAD (NEK EAD). The dispute relates to the first ever decision of the regulator sanctioning market manipulation in the Bulgarian wholesale energy market.
  • Advised the Bulgarian Petroleum and Gas Association on the applicable legal rules for fuel export and assisted the client in drafting proposals for amendment and supplementation of the applicable EU energy legal framework.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Andrey Delchev
Managing Partner

Practice head

The lawyer(s) leading their teams.

Andrey Delchev, Magdalena Valova

Other key lawyers

Vesselin Sharov