The technology, media and telecommunications market in Bulgaria is steadily maturing. While one or two years ago most of the activity on the market was related to dynamic M&A deals, now things have become more stable, clients have already established a well-grounded practice and are looking to develop their already existing businesses. While some M&A deals are still going on in the sector, a lot of the TMT firms are now looking for a commercial advice on their day-to-day issues.

Our Sofia office has a focused team of six individuals who are experienced in TMT deals and can offer solid advice based on their previous work and familiarity with the local regulations. We have managed to establish a reputation for our quality service over the past few years when we have worked for major international IT and telecom operators expanding their businesses in Bulgaria and across the region. We have established some of our strongest client relationships in this sector, having advised numerous TMT clients for a number of years on a variety of deals. Clients keep coming back to us for a reason: our advice is proven to give their business the advice needed to make it successful.

TMT is one of the areas where we are most active internationally and across jurisdictions. The majority of large-scale transactions our specialist lawyers have worked on and continue working on now are cross-border deals, which require consistency on a firm-wide basis and excellent communication and coordination between offices. There is no doubt that our international, fully integrated network can offer international clients and investors a reliable quality of service, which is not easily found.