Penkov, Markov & Partners acts for various telecoms and mobile operators, IT, media and e-commerce companies and diverse start-ups, which it advises on the launch of new digital products and services, data protection and privacy issues, and compliance with Bulgarian and EU regulations. Nikolay Cvetanov leads the practice and excels in the areas of personal data protection, cybersecurity and fintech, and frequently advises start-ups. Boris Strijlev is another key member of the team.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘I really appreciate Penkov, Markov & Partners' attention to detail and also their creative approach.’

  • 'Very professional and helpful team.'

  • 'Excellent professionals.'

  • 'Strengths of the team include their personal attitude and willingness to understand the client's needs. They look at the bigger picture, not only the individual case.'

Key clients

  • Tiger Technology AD
  • Naturpodukt
  • Wealthlock
  • Mebelmag
  • Izzi Platform, Klett Publishing house
  • Ferratum
  • Mondi Stambolijski
  • AdminSoft Plus
  • Association for Responsible Non-Banking Crediting
  • Nokia Solutions and Networks
  • Audi AG

Work highlights

  • Advised Tiger Technology AD on the structuring of its relationship and contract base preparation for an assignment from Las Vegas Airport on the implementation of a specific innovative digital surveillance system.
  • Advised Naturprodukt on the legal compliance of its online sales with the European Union acts and regulations being implemented into Bulgarian law.
  • Advised Wealthlock on the organisation of its overall activity.

Practice head

The lawyer(s) leading their teams.

Nikolay Cvetanov

Other key lawyers

Boris Strijlev