Sofia | Bulgaria


69 Bulgaria Blvd.
Infinity Tower, 14th floor
1404 Sofia

+359 2 9048 300

Map and directions

Kinstellar advises CTP on its first building acquisition in Bulgaria

January 2021 – Kinstellar is pleased to announce that our real estate team in Sofia has successfully advised CTP Invest, central and eastern Europe’s largest industrial developer, on the acquisition of building facilities and a land plot in Sofia....

Public consultation on the conditions, rules and procedure for regulating and registering prices of medicinal products in Bulgaria

December 2020 – Bulgaria’s Council of Ministers has opened public consultations on proposed amendments to the Ordinance on the conditions, rules and procedure for regulating and registering the prices of medicinal products in Bulgaria.

Kinstellar advises Allianz Bulgaria on the largest office property deal on the Bulgarian market in 2020

December 2020 – Kinstellar has successfully advised Allianz Bulgaria on the consolidation of its operations in one office building in Sofia—Park Lane Office Center. The property is currently under construction and expected to be completed by mid-2021.

Updated Overview of the 5G Auctions in Central and Eastern Europe

December 2020 – The introduction of 5G networks will bring significant changes to the telecommunications market. Not only will the technology open up a wide range of new possibilities in a variety of sectors (including manufacturing, health, energy...

Two-minute recap of recent developments in Turkish competition law – October 2020

November 2020 – In October, the Turkish Competition Authority (“TCA”) announced two important new regulations. One contains guidelines regarding on-site inspections and the examination of digital data. In a nutshell, the TCA has indicated that it...

Kinstellar advises GTT Communications, Inc. on the sale of its infrastructure business to I Squared Capital for USD 2.15 billion

November 2020 – Kinstellar advised GTT Communications, Inc. (NYSE: GTT), a global leader in cloud networking services, on the sale of its infrastructure business to I Squared Capital, an independent global infrastructure investment management firm...

Remote working in Bulgaria: A reminder of the main obligations of employers

October 2020 – Many companies are still directing employees to work from home due to the new COVID-19 economic and social reality. Some businesses are even reconsidering their office needs and plan to hire employees who are entirely home-based. While...

Kinstellar advises the EBRD on a EUR 40 million framework agreement with Raiffeisenbank to improve water infrastructure in Bulgaria

September 2020 – Kinstellar is proud to continue supporting the European Bank for Reconstruction and Development (EBRD) in its investments to improve water infrastructure in Bulgaria. Recently, Kinstellar’s Sofia office advised the EBRD on a EUR...

Development of Artificial Intelligence in Bulgaria until 2030

August 2020 – On 19 August 19 2020, the Bulgarian Ministry of Transport, Information Technology and Communications released a new draft strategy entitled Concept for the Development of Artificial Intelligence in Bulgaria until 2030. It aims to define...

Kinstellar paves the way for a EUR 25 million financing deal for a new major office building in Sofia, Bulgaria

July 2020 – Kinstellar has successfully represented OTP Bank and its Bulgarian subsidiary, DSK Bank, in negotiating a EUR 25 million loan for the construction and operation of Balkan Business Center, a major office complex in Sofia.