Penkov, Markov & Partners

Established in 1990, Penkov, Markov & Partners has emerged as a prominent legal firm in Bulgaria, consistently delivering top-notch legal advice and representation. With a commitment to excellence, the firm has not only become a leader in the legal landscape of Bulgaria but has also achieved recognition on the international stage.

Penkov, Markov & Partners boasts the distinction of being one of the few law firms in Bulgaria with offices strategically located throughout the country, including Bugas, Varna, Lovech, Pleven, Russe, and Stara Zagora. This widespread presence ensures that clients have access to high-quality legal services across various regions.

A significant milestone in the firm’s history came in 2005 when it achieved certification under the ISO 9001:2000 Management System Standard. Notably, Penkov, Markov & Partners became the first law firm in Bulgaria and Southeast Europe to be certified for comprehensive legal services and consultations related to economic, financial, and investment activities. The firm later received recertification under ISO 9001:2008, further reinforcing its commitment to maintaining the highest standards in legal services.

Penkov, Markov & Partners distinguishes itself not only through legal expertise but also through its proactive approach to knowledge dissemination. The firm publishes and distributes its newspaper, LegaInter Consult News, reaching 2,200 copies to clients, governmental organizations, and others. This publication serves as a valuable resource for elucidating legal regulations related to customs procedures, employment, imports and exports, foreign currency regimes, foreign investments, social security, taxation, commercial registers, and renewables, thereby contributing to the overall investment climate in Bulgaria.

As a member of prestigious global legal networks such as LEX MUNDI, FLI Net, and Eurojuris International since 1996, Penkov, Markov & Partners showcases its commitment to providing legal support not only in Bulgaria but around the world. This active involvement in professional networks enhances the firm’s ability to cater to its client’s needs on a global scale.

The firm’s areas of expertise span a wide spectrum, covering Privatization and Foreign Investments, Mergers and Acquisitions, Energy Law with a focus on Renewable Energy Sources, IT, Media, and Telecommunications, Competition, Antitrust, and Consumer Protection, Real Estate and Construction, Administrative Law, Banking and Finance Law, Bankruptcy and Creditors’ Rights, Environmental Law, Natural Resources, Insurance, Intellectual and Industrial Property, Investment Management, Labor, Employment, and Social Security, Litigation and Arbitration, Marine Law, Taxation, Securities and Capital Markets, Project Development and Finance, Public Procurement, Pharmaceutical Law, Criminal Law, and Procedures.

Penkov, Markov & Partners’ dedication to excellence and the quality of its services has earned it international recognition through various awards, including the International Legal Alliance Summit Silver Award for Central and Eastern Europe in 2011 and the FLI Net Regional Vision & Leadership Award Winner in 2012. These accolades underscore the firm’s commitment to providing top-tier legal solutions and its status as a legal pillar in Bulgaria for over three decades.