TMT
Praised by clients as ‘very knowledgeable, very responsive and easy to work with’, Penkov, Markov & Partners regularly assist TMT clients with the expansion of new products, outsourcing, website development, e-commerce and general contractual support. Nikolay Cvetanov leads the team and has extensive experience in the fields of personal data protection and cybersecurity.
Testimonials
Collated independently by Legal 500 research team.
- 'Roman Stoyanov is an excellent skilled lawyer.’
- ‘This team combines a deep understanding of technology and telecommunications law with a commitment to client success, ensuring that companies operating in these fast-evolving sectors receive practical, future-oriented solutions. As managing partner, Nikolay Cvetanov is the cornerstone of the TMT practice, providing strategic oversight and industry-leading insights.’
‘Preparation of contracts, preparation of rules and procedures for personal data, information security, preparation of documents during inspections following a signal from the Commission for Protection of Competition.’
‘What makes them different from competitors is their ability to seamlessly integrate innovative solutions.’
‘Their team is very knowledgeable, very responsive and easy to work with. They know the market very well which is really important for us - we are not just looking for someone who knows the law, but for a lawyer who can find a business solution. At least from our perspective, they have this competitive advantage against other law firms.’
‘They just know and understand the market very well. Nikolay Cvetanov has a huge industry knowledge and experience. He always sees the bigger picture and has this business wise approach which is very rare for a lawyer. He is their team leader and rightly so. Pleasure to work with.’
Key clients
- Tiger Technology
- Naturpodukt
- Wealthlock
- Mebelmag
- Izzi Platform, Klett Publishing house
- Ferratum
- Mondi Stambolijski
- AdminSoft Plus (part of Klett Group)
- Association for Responsible Non-Banking Crediting
- Nokia Solutions and Networks
- Audi
- FedEx
Work highlights
- Advising Audi on comprehensive project with respect to myAudi and ensuring compliance with local regulatory laws and practices in terms of a new concept in Audi branded cars.
- Advised Tiger Technology AD on structuring of its business in Europe, EEA and US with respect to diversification of the different business units and sub-services, surveillance and healthcare.
- Advised Naturprodukt on the legal compliance of its online sales with various legal regulations and compliance practices of the regulatory authorities.
Practice head
The lawyer(s) leading their teams.
Nikolay Cvetanov