Partners

ENTREA CAPITAL

Entrea Capital is a leading independent financial advisory firm. Our core expertise is mergers and acquisitions (M&A) advisory.

Transactions in M&A can be complex and face numerous stumbling blocks. We help our clients plan, structure, and execute successful transactions. Entrea Capital’s M&A practice in Bulgaria is supported by a dedicated team of professionals as well as a strong global M&A network. This allows us to help companies execute both domestic and cross border M&A transactions.

In addition to M&A advisory, we help our clients with a range of fundraising and corporate finance services. We enable our clients to raise debt and equity financing best suited to their unique businesses and investment plans. Our corporate finance services are tailored to the individual needs of our clients and include business valuation, financial analysis and forecasting, restructuring among others.
















www.entrea-capital.com

BULBROKERS CONSULTING

Bulbrokers Consulting is a leading M&A, ECM and Corporate Finance Advisory House in Bulgaria and SEE.

- The company has an outstanding track-record of successfully closed transactions during the past ten years.
- Bulbrokers Consulting’s team of professionals has combined and executed more M&A transactions in Bulgaria than any other investment banking intermediary.
- As a member of Financia Group, a joint venture between Alfa Finance Holding and HYPO Investmentbank AG, Bulbrokers Consulting provides a powerful execution force with a strong local expertise and industry specifics know-how.

In cooperation with Bulbrokers, a leader on the Bulgarian Stock Exchange market, Bulbrokers Consulting provides high-level value added services, as well as individual solutions considering each customer’s specific needs in the following principal directions:
Investment Banking:
- Implementation of procedures on public offering of securities (IPO’s, SPO’s);
- Procedures on private offering of securities;
- Tender offering procedures;
- Complex restructurings;
- Funding of the above-listed procedures
Business Advisory Services:
- Identification, structuring, coordinating and implementing complex / cross border M&A transactions;
- Advisory services related to corporate and financial restructuring;
- Advisory services related to participation in tenders and competitive bidding processes (including privatization sales, concession procedures, etc.)
Financial Analyses:
- Preparation of financial analyses and valuations of a relevant company or sector.
- Development of complex financial engineering schemes and structures.

www.bcon.bg/

KAMBOUROV & PARTNERS, ATTORNEYS AT LAW

Kambourov & Partnersis one of the largest and oldest corporate law firms in Bulgaria, serving Bulgarian and international investors in all sectors of the economy.
Launched as a litigation firm in 1989 by name partner Mr. Yavor Kambourov, Attorney at Law, the firm currently comprises over forty lawyers in two offices in Sofia, and a permanent representative in Luxembourg.
The firm’s expertise is separated into six practice areas: Mergers & Acquisitions; Corporate, IP, IT, Media and Telecommunications Law; Banking & Finance Law; Real Estate & Construction; Tax & Litigation; Energy and Natural Resources, Public Procurement and Concessions.

International legal directories consistently rank Kambourov & Partners as "one of the three main domestic firms that "will continue to dominate the market" (Legal 500, 2007 edition). The 2008 edition quotes interviewed clients of the M&A practice remarking on"the firm’s flexibility and availability, praising its commitment and ‘entrepreneurial spirit".
The 2009 edition of the Legal 500 ranks the firm in first tier in Projects, energy and natural resources; PPP, Privatisation and Foreign Investment; Real Estate and Construction; and Telecoms, Media and Technology, stating: "Clients believe that ‘credibility, clout and note-perfect advice’ are what set the firm apart from others’."

Kambourov & Partners have long-term experience providing advice and assistance in various M&A transactions, including many of the major privatization deals in the Bulgarian economy. The firm’s portfolio features deals such as the attempt for privatization of Bulgartabac Holding AD from 2004-2005, the privatization of the Bulgarian Telecommunications Company (2003-2004), the privatization by E.ON Energie AG of the electricity distribution companies in Varna and Gorna Oryahovitza, and its participation in the tenders for privatization of five other electricity distribution companies, three thermal power plants and two heating distribution companies; the privatization of Plovdiv City Transport AD, of Municipal Bank AD, of the National Film Centre, and many more. Other M&As include participation in the tender for acquisition of BTC AD in 2007, the successful participation of RWE Power AG in the tender for selection of an investor to hold 49 per cent of the second nuclear power plant NPP Belene, the acquisitions of DZI Bank AD and DZI Insurance and Re-Insurance Company, the Bulgarian chapters of the global mergers between Nokia Corporation and Intellisync Corporation, and between Nokia Corporation and Siemens (serving Nokia), the 2008-2009 attempt for acquisition of First Investment Bank, the sale of Economic and Investment Bank AD, the 2009 acquisition of the human resources company Consulteam, etc.
The firm has solid experience working either on sale- or buy-side, or as advisor to creditors and guarantors.

Kambourov & Partners offer their clients a full range of investment-related legal services including:
- Market analysis and investment advice
- Corporate structuring of foreign investments
- Tax planning of investment projects
- Legal assistance in long-term investment management
- Drafting of bids for privatisation procedures and public procurements
- Legal due diligence
- Assistance in negotiations
- Preparation of data rooms
- Review of privatization documents and other Sale-Purchase Agreements
- Assistance in obtaining permits and authorizations
- Full spectrum of corporate and commercial law related services.

Key individuals:
Mr. Yavor Kambourov, Senior Partner
Mr. Vladimir Rangeloff, Managing Partner
Mr. Mitko Karushkov, Partner, Head of Corporate, IP, IT, Media and Telecoms
Mr. Stefan Tzakov, Partner, Head of Energy and Natural Resources, Public Procurement and Concessions
Mr. Emil Emanuilov, Partner, Head of Tax and Litigation
Mr. Atanas Shopov, Partner, Head of Real Estate and Construction

Any of the partners at Kambourov & Partners may be reached by e-mail at [email protected], by telephone at +359 2 986 9999, 986 8888 or by fax at +359 2 986 9995.

www.kambourov.biz

EKO BULGARIA

EKO fuel stations offer high quality fuel and services and quality time то the customers. The company is among the most dynamically developing corporations in Bulgaria with high percentage of brand health. EKO Bulgaria is present on the Bulgarian market since July 2002 under EKO-Elda Bulgaria name. It’s a part of the biggest industrial and commercial corporation in Greece - Hellenic Petroleum Group, leader in energetic development of the South East European countries.

EKO Bulgaria EAD is among the five biggest distributers of fuel on the Bulgarian market. The company established a network of 77 EKO fuel stations and 4 oil depots in the whole country by the end of 2009. The investments in new equipment construction, acquisition and modernization of already existing fuel stations exceed 300 million BGN.

Until the end of 2010-2011 the company plans to increase the number of EKO fuel stations to more than 100. This will guarantee a 10% market share.

Since its establishment in 2002 EKO Bulgaria is constantly working with attention to the people on the road, aiming at facilitating the customers in their dynamic life offering them more comfort when they travel.

EKO fuel stations are modern fuel stations, offering high quality fuel and services to their clients with attention to time. EKO products meet the latest EU standards and technological requirements and are offered on local prices.
EKO Bulgaria is offering full range of high quality fuels. Since 2004 the company is exclusive distributor on the Bulgarian market of the new series of EKO KINITRON fuels - EKO KINITRON UNLEADED 100 Speed, EKO KINITRON UNLEADED 95 Plus and DIESEL PLUS.
The EKO KINITRON series mark the beginning of a new period of development of the Bulgarian market. They meet the requirements of EU standards and are environment friendly because of the less harmful emissions in the atmosphere.
EKO fuel stations also offer high quality range of lubricants – a new generation of products with especially developed formulas to improve the dynamic characteristics of the engine.

Each fuel station has a mini-market, snack bar, coffee-restaurant, car wash and parking.
As one of the leaders on the fuel market EKO Bulgaria has its own image recognizable also through the advertisement slogan ‘There is a difference’. It supports EKO’s engagement as the different partner on the road and builds the relationship with clients through positive and emotional communication and the opportunity of quality time.

EKO Bulgaria is a socially responsible investor who pays attention to the important problems of society, such as the safety of the Bulgarian roads. In 2006 EKO Bulgaria launched its long-term program for social responsibility Call When You Get There! in partnership with Traffic police. It supports reasonable driving and tolerant behavior on the road and focuses on the personal responsibility of each driver. The campaign is developing with practical activities, oriented towards the drivers.





















www.eko.bg

TECHNOLOGICA

TechnoLogica is the biggest Bulgarian-owned software company which is a technological partner to prestigious companies and organizations, helping them implement and take advantage of new information technologies in their developments and projects.
The company focuses on innovation by implementing, adapting and further developing new information technologies as well as building technological software tools. TechnoLogica has been a major player on the Bulgarian IT market since 1990. Today, the company has offices in Sofia, Plovdiv, Varna, Stara Zagora a nd Skopje (Macedonia). TechnoLogica has achieved the highest partnership levels with the world’s two largest software companies.

www.technologica.com

INVESTOR.BG

Investor.bg is an edition of  financial and stock information in the most rapidly growing communications medium - the Internet.  First and most authoritative source of economic news from Bulgaria and the world, the online media is the flagman of Investor.BG AD, being highly estimated by the  investment community in the country.






www.investor.bg

Technical Partner: KONGRESSTECHNIK

Kongresstechnik-Bulgaria is a Bulgarian-Austrian conference service provider offering the full range of technical facilities for world-class conference events. The compamy entered the Bulgarian market in 2001 bringing to the local conference industry international standards of quality and efficiency.

www.ktbg.bg