Djingov Gouginski Kyutchukov & Velichkov

Bulgaria

IFLR1000 Reviews

Financial and corporate

Djingov Gouginski Kyutchukov & Velichkov (also known as DGKV) was established in 1994. It has grown to more than 50 qualified lawyers in its headquarters in Sofia and it has a representative in Berlin. The firm is one of the markets most predominant independent firms in Bulgaria and regularly advises on some of the largest financial and corporate transactions.  

 

Highlights  

DGKV acted as Bulgarian law counsel of HPS Investment Partners, LLC as lender in connection with the financing of the acquisition of myPOS World Ltd and the myPOS group of companies by Advent International, L.P. This included advising the client on the accession of the Bulgaria based myPOS companies as guarantors to the financing and leading the structuring, drafting and negotiation of the Bulgarian law governed security documentation. The transaction closed in August 2024.  

The firm also advised Netherlands-headquartered investment firm PPF Group NV (“PPF”) on the Bulgarian law aspects of the sale by PPF of 50% plus one share in PPF Telecom Group’s (“PPF Telecom”) assets in Bulgaria, Hungary, Serbia and Slovakia, to Emirates Telecommunication Group Company ("e&"). The team acted as local counsel and was led by partners Violetta Kunze, Nikolai Gouginski, and Valentin Bojilov. The transaction closed in October 2024.  

 

Key Clients  

EBRD; UniCredit Bulbank; DSK Bank AD and OTP Bank Plc.; Bianor Holding ADAccenture Holdings B.V.; Dreamix OOD; Bright Consulting; PPF Group NV; Gilat Satellite Networks; Dronamics LTD; Aurubis Bulgaria AD; Contour Global; American University in Bulgaria 

 

Testimonials 2024/2025 

The team was very responsive, knowledgeable, and professional. (Financial Services Regulatory) 

We appreciate the team’s knowledge, accuracy, and professionalism. (Project Finance) 

Kaloyan Krumov is competent and responsive. (Project Finance) 

 

Testimonials 2023/2024

“The DGKV team I have the pleasure to work with is extremely professional, forward looking and very alive to the client's needs. Partner Kaloyan Krumov is very good at task, time and costs management and always maintains open communication. The whole interaction between the in-house counsel and the law firm was so easy to navigate - from the assignment of work to the flexibility of when we speak and meeting deadlines.” - Banking and finance  

“Experienced and well-prepared team, well structured, clients friendly.” - M&A 

 

Georgi Tzvetkov  

Problem solver, proactive.”  

 

Kaloyan Krumov  

Kaloyan Krumov is approachable, focused on the client's needs rather than issuing invoices and provides practical solutions. He is also very good at time and costs management and whenever appropriate delegates work to the members of his team.”