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Commercial

Bulgaria

Achieving business success in highly regulated markets requires effective management of commercial risks and of your supplier and customer relationships. Whether you are an international or domestic business active in the CEE region, you can rely on our advice on complex and multi-jurisdictional contractual arrangements and our knowledge of the commercial issues facing the sectors in which you operate. We have advised many international companies on entering CEE markets over the years and continue to assist them as they grow their businesses in the region.

With over 350 commercial and regulatory lawyers across 39 countries, our multi-disciplinary teams are trained to understand the legal cultural and business factors impacting your commercial arrangements. We organise our teams around sectors and industries relevant to you, including financial services, manufacturing, automotive, consumer products, energy, hotels and leisure, infrastructure and projects, life sciences & healthcare, supply and logistics, real estate and construction, technology, telecoms, media and sports. We can guide you towards the best business outcome, whether you require advice on commercial contracts, supply services, e-commerce, IT or telecoms agreements, data protection, design and manufacturing, advertising, sponsorship and marketing, consumer sales, software licensing, outsourcing, or sales, agency, distribution and franchise agreements.

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16 June 2021
EDPB ap­proves first EU GDPR Code of Con­duct for Cloud Ser­vice Pro­viders
Fol­low­ing the sub­mis­sion by the Bel­gian Data Pro­tec­tion Au­thor­ity, on May 19 the European Data Pro­tec­tion Board (EDPB) ap­proved the EU Cloud Code of Con­duct with sub­sequent fi­nal ap­prov­al by the Bel­gian...
15 June 2021
New GDPR Code of Con­duct ap­proved for Cloud In­fra­struc­ture Ser­vice Pro­viders
The European Data Pro­tec­tion Board (EDPB) and the French Data Pro­tec­tion Au­thor­ity (CNIL) ap­proved the CISPE Data Pro­tec­tion Code of Con­duct of Cloud In­fra­struc­ture Ser­vice Pro­viders in Europe (CISPE...
11 June 2021
EDPB is­sues Re­com­mend­a­tion on cred­it card data stor­age for one-click pay­ments
The European Data Pro­tec­tion Board (EDPB) has ad­op­ted a new re­com­mend­a­tion on the leg­al basis for the stor­age of cred­it card data by e-com­merce mer­chants for the pur­pose of one-click pay­ment of fur­ther...
08 June 2021
Trade secrets in Bul­garia
Gen­er­al 1. Has the Dir­ect­ive (EU) 2016/943 of the European Par­lia­ment and of the Coun­cil of 8 June 2016 on the pro­tec­tion of un­dis­closed know-how and busi­ness in­form­a­tion (trade secrets) against their...
Comparable
08 June 2021
European Com­mis­sion moves ahead with pro­posed 'Data Act' reg­u­lat­ing ac­cess...
On 28 May, the European Com­mis­sion launched an ini­tial con­sulta­tion on its plans for a ‘Data Act’, which would – if ad­op­ted – in­tro­duce rules for ac­cess to and use of data, both in busi­ness-to...
01 June 2021
First in­sect product gran­ted nov­el food ap­prov­al in the EU
On 3 May 2021, the European Com­mis­sion’s Stand­ing Com­mit­tee on Plants, An­im­als, Food and Feed (“PAFF Com­mit­tee”) voted in fa­vour of a draft leg­al act au­thor­ising dried yel­low meal­worm to be placed...
01 June 2021
Some leaks can­'t be fixed
“Con­fid­en­tial in­form­a­tion is like an ice cube... give it to the party who has no re­fri­ger­at­or or will not agree to keep it in one, and by the time of the tri­al you have just a pool of wa­ter.” This...
31 May 2021
CMS Net­work Shar­ing 4.5
On the brink of a new gen­er­a­tion
13 May 2021
Eco­m­merce in Bul­garia
I. E-com­merce sec­tor – fact and fig­ures 1. Re­cent growth and trends in e-com­merce For the last five years, the an­nu­al growth in the e-com­merce sec­tor in Bul­garia is between 21% and 35%. The Bul­gari­an...
Comparable
13 May 2021
Bul­garia en­acts EU dir­ect­ives on reg­u­lated con­sumer di­git­al en­vir­on­ment
On 4 March 2021, the Bul­gari­an par­lia­ment ad­op­ted the Act on the Sup­ply of Di­git­al Con­tent and Di­git­al Ser­vices and the Sale of Goods, which im­ple­ments the pro­vi­sions of Dir­ect­ive (EU) 2019/770 on con­tracts...
29 April 2021
CEE Green­field Guide
CEE coun­tries have at­trac­ted sig­ni­fic­ant for­eign dir­ect in­vest­ment in green­field op­er­a­tions in re­cent years. In­deed, many man­u­fac­tur­ing busi­nesses have fo­cused on ex­pand­ing ca­pa­city in CEE coun­tries...
26 April 2021
European Com­mis­sion pro­poses first leg­al frame­work on AI
Over the last two years, the EU has paved the way for a uni­form leg­al frame­work for the de­vel­op­ment, mar­ket­ing and use of AI that con­forms with Uni­on val­ues. As a res­ult, on 21 April 2021 the European...