Penkova & Partners Law Firm is proud to announce its continued recognition in the Legal 500 EMEA 2025 edition, receiving distinguished rankings in two key practice areas: Corporate, Commercial and M&A, and Real Estate and Construction.

Legal 500 acknowledges our high-quality client support in all aspects of the transactions as we carefully consider all circumstances and risks surrounding all stages of the construction process and real estate transactions as well as any commercial and corporate matters.

Real Estate and Construction Practice

The firm’s Real Estate and Construction practice has been especially lauded by The Legal 500 editorial team:

“Penkova & Partners Law Firm stand out for their ‘knowledge on all aspects of the construction cycle’, while also frequently advising on lease and rental agreements and construction disputes. The team has a strong foothold in the retail sector, but also advises across the residential, transport and agriculture sectors. Managing partner Victoria Penkova leads the team and is a specialist in the construction field.”

Led by Managing Partner Victoria Penkova, a renowned expert in real estate and construction law, the team has demonstrated consistent excellence in guiding clients through complex projects with efficiency and precision. Clients have highlighted the firm's ability to operate at the level of a large international firm, offering in-depth, practical, and timely advice across all stages of the real estate and construction lifecycle.

Corporate, Commercial and M&A Practice

The firm has also been ranked for its strong Corporate, Commercial and M&A practice, reflecting its experience in cross-border transactions, commercial structuring, and regulatory compliance. With a reputation for responsiveness and strategic thinking, the team supports both domestic and international clients in executing high-value and complex deals across industries.

“Providing comprehensive support to national and international clients in the cybersecurity, retail, software development, accountancy and manufacturing fields, Penkova & Partners Law Firm are adept in complex company restructurings, share transfers, M&A transactions, commercial contract drafting and employment issues. Practice head Victoria Penkova has extensive experience handling corporate transactions and commercial agreements and is praised by clients as ‘a standout in the industry’. Diana Milkova is also highly regarded."

Client Testimonials

• “Victoria Penkova has excellent reputation in the field of real estate and construction and she is able to provide high quality expertise for all aspects of the transactions.”
• “They stand out in the market with their ability to act as a big law firm, respond always on time, and with their practical knowledge on all aspects of the construction cycle.”
• “Victoria Penkova has been instrumental in navigating highly complex cross-border construction projects… We also rely on Yavor Tankov for his ability to manage multiple stakeholders.”
• “The firm is very well-managed and organised… unmatched level of legal services.”

Acknowledgment and Gratitude

This recognition is a testament to the dedication, talent, and collaborative spirit of the Penkova & Partners team. We extend our deepest gratitude to our clients for their trust and long-standing partnerships. We are equally proud of our legal professionals, whose continuous commitment to excellence has made this achievement possible.