Two-partner firm Kambourov & Partners makes its first appearance in the rankings this year. Despite the firm’s size it has advised on a number of deals over the last year in all areas of financial law.
In banking and capital markets, the firm advised on the €330 million ($401.4 million) privatization of DSK Bank, Credit Bank Bulgaria on the purchase of debt issued by the International Investment Bank, Moscow, and First Private Bank on insolvency proceedings and a eurobond issue. Insolvency advice was also provided to Rouen, and Balkankar Holding. The firm also advises HSBC, Erste Bank, Austria and Central Cooperative Bank. On the corporate side, the firm advised Koc Holding on the €700 million privatization of the Bulgarian telecommunications company, various bidders on the €500 million privatization of the energy companies, and Maccar on the acquisition of Jupiter Insurance Company. The firm also provides corporate advice to Nokia, and advises Hit on the financing of greenfield investments for the establishment of retail businesses. The firm is also active in project finance, advising Estol on the construction of wind-driven electricity power stations, and Severn Trent on investments in water supply and distribution in two Bulgarian cities.