Counsel

Veliko Savov

Head of TMC Group, Head of Hotels & Leisure Sector Group

Languages

Bulgarian
English

Social media

Veliko Savov is a counsel in the Corporate practice group of CMS Sofia and head of the TMC practice group and Hotels & Leisure in Bulgaria. Veliko specialises in mergers and acquisitions, cross-border transactions, joint ventures and corporate governance matters. Veliko has extensive experience in leading large teams on complex transactions and has participated in some of the most prominent M&A deals in Bulgaria.

Instructed by technology, start-up and new business clients, Veliko has advised major investors on landmark deals in the country.

Before joining CMS, Veliko was an associate in the largest publicly listed telecommunications company in Bulgaria, dealing mainly with corporate and commercial matters.

Awards & Recognitions

01 –

Quote

"Impressive lawyer."

Chambers Europe
Quote

"Communicative and open, a pleasure to work with."

Chambers Europe

Relevant experience

Enel Green Power, the renewable energy arm of Italy's Enel Group, on the sale of a 42MW wind park in Bulgaria to the Switzerland-headquartered energy company MET Group.
Malta-based ACF Renewable Energy, a subsidiary of ACWA Power, BlackRock and Crescent Capital, on the sale of its 60.4 MWp photovoltaic (PV) power plant in Bulgaria to Enery Development GmbH, an Austrian investor and project developer in the renewable energy sector. The deal was named CEE Deal of the Year 2020 by CEE Legal Matters Magazine.
Advent International and its portfolio company Zentiva on the acquisition of the CEE business of global generic and over-the-counter (OTC) pharmaceuticals manufacturer Alvogen. The deal was awarded CEE Deal of the Year 2019 by CEE Legal Matters Magazine.
Hugo Pfohe on the sale of its Bulgarian subsidiary Moto Pfohe Group to Sumitomo Corporation. The transaction was awarded Bulgarian Deal of the Year 2017.
KJK Sports on the sale of KJK’s 60% shareholding in Leader 96, an electric bicycle producer, to the Rohatyn Group, a global asset management firm.
The shareholders of Musala Soft AD on their 100% exit by sale to ARICOMA Group, part of KKCG.
European Bank for Reconstruction and Development (EBRD) on the acquisition of a minority share in a Bulgarian publicly listed technology company.
PPF on the Bulgarian aspects of the planned acquisition of Nova Broadcasting Group, including its subsidiary Net Info AD.
Riverside Europe Partners LLC, a private equity fund, on the acquisition of a majority shareholding in the Bulgarian technology company Fadata.

Memberships & Roles

Sofia Bar Association

Awards & Rankings

Ranked for TMT, Legal 500, 2023

Education

2003 – LL.M., Faculty of Law, Sofia University “St. Kliment Ohridski”

Practice Areas

Corporate / M&A Capital Markets Commercial Insolvency & Restructuring Real Estate

sectors

Hospitality, Travel & Leisure Private Equity TMC - Technology, Media & Communications

Insights

Global Reach

Insights

Global Reach

Select your region

Veliko Savov

Head of TMC Group, Head of Hotels & Leisure Sector Group

Languages

Social media

Relevant experience

Memberships & Roles

Awards & Rankings

Education

Practice Areas

sectors

Further reading

CMS advises AIG on sale of CEE assets to Fairfax

CMS advises Advent International on sale of Devin AD to Spadel Group

CMS advises Swedish investor on acquisition in CEE region

Winning together

Outsourcing Insurance Capability

Insights by Veliko