Delighted to have contributed the chapters on Bulgaria in the latest edition of Chambers and Partners Corporate Governance Global Practice Guide 2024, alongside some of the leading international corporate law firms.

Our partners, Pavel Hristov and Dragomir Stefanov elaborate on key and current corporate governance issues, trends and developments.

Virtually all Bulgarian companies compete in the EU internal market (and increasingly globally) and have largely adopted the best business and corporate governance practices of their international competitors, suppliers, customers and peers.

Naturally, the roles and responsibilities of the directors and senior management develop and encompass modern day standards and challenges like ESG, climate change and diversity in particular.

In such an environment, the business leadership roles evolve and become more complex than the singular traditional corporate management functions.