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Veliko Savov

Veliko Savov

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

Contact
T +359 2 923 4856
CMS Sofia
Landmark Centre
14 Tzar Osvoboditel Blvd
1000 Sofia
Bulgaria
Languages Bulgarian, English

Veliko Savov is a Senior Associate in the Corporate Department of CMS Sofia.  Veliko specialises in company and commercial law and has interests in foreign direct investments. He has experience in mergers and acquisitions of companies, joint ventures, contract negotiations and corporate governance. Veliko has participated in various acquisitions of companies advising on commercial and corporate transactions, corporate governance, documenting shareholder and operating agreements.   Veliko is also heading our Hotels & Leisure Sector Group. He is experienced in contract negotiations, dispute resolution, FIDIC contracts, joint ventures and corporate governance. Prior to joining CMS, Veliko was an associate in the biggest telecommunications company in Bulgaria [listed on BSE] dealing mainly with corporate and commercial matters. 

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Relevant experience

  • IBM on day-to-day legal work, specialised legal advice in the areas of competition law, public procurement law, IP & IT law, employment law, data privacy, etc.
  • Societe Generale Expressbank and UniCredit Bulbank in respect of the acquisition financing of a proposed management buy-out of a Bulgarian media and broadcasting company.
  • Sixty K in various ongoing legal matters such as corporate, commercial and employment matters as well as dispute resolution mandates.
  • Communicorp Media radio group on the sale of its radio stations in Bulgaria to the local management team.
  • Riverside Europe Partners on the acquisition of a majority shareholding in the Bulgarian TMT company Fadata Work included a legal due diligence process, transactional advice and assistance in closing the deal.
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Education

  • 2003 – LL.M., Faculty of Law, Sofia University, Sofia
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21 October 2016
CMS ad­vises AIG on sale of CEE as­sets to Fair­fax
CMS has ad­vised Amer­ic­an In­ter­na­tion­al Group, Inc. (NYSE:AIG) on the Cent­ral European as­pects of the sale of some of its in­sur­ance op­er­a­tions to Fair­fax Fin­an­cial Hold­ings Lim­ited (TSX: FFH, FFH.U).As part of the trans­ac­tion Fair­fax will ac­quire some
CMS ad­vises Ad­vent In­ter­na­tion­al on sale of Dev­in AD to Spadel Group
CMS has ad­vised Ad­vent In­ter­na­tion­al, one of the largest and most ex­per­i­enced glob­al private equity in­vestors, on the sale of Dev­in AD, a Bul­gari­an com­pany ded­ic­ated to bot­tling and selling of min­er­al wa­ter, spring wa­ter, table and car­bon­ated wa­ter a
CMS ad­vises Swedish in­vestor on ac­quis­i­tion in CEE re­gion
CMS has ad­vised Axel John­son In­ter­na­tion­al, a privately owned Swedish in­dus­tri­al group and part of Axel John­son, one of the Nor­d­ic re­gion’s lead­ing trad­ing groups, on an ac­quis­i­tion of a ma­jor­ity stake in the IOW Group with a pres­ence in Po­land, Bulg

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01/01/2018
Win­ning to­geth­er
Bro­chure Pub­lic Pro­cure­ment
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CMS Ex­pert Guide to on­line gambling law and reg­u­la­tion in Europe
Are you look­ing for in­form­a­tion on gambling law and reg­u­la­tion? This CMS Ex­pert Guide provides you with everything you need to know.