Public Sector

Public Sector

In general, the public sector is made up of national, regional, and local governments, along with institutional units controlled by government units. Within the public sector, a distinction is made between the market and non-market segments. Services like health care, national defense, public education, and water management are typically provided by the public sector, and funding for public services is usually raised through a variety of methods, including taxes, fees, and by means of financial transfers from other levels of government (e.g., from the state budget to the municipalities). Sector-specific laws govern, among other things, public enterprises, public finances, and public-private partnership agreements. Participants in industries related to the public sector may partner with DGKV lawyers to obtain high-quality advice on relevant legal matters such as corporate law (specifically involving the rights of the state as a shareholder), concessions law, public-private partnership agreements, public procurement, public employment, and more. DGKV has extensive experience in privatization law and has acted as counsel on both the side of the government and the side of private entities on a number of the highest-profile privatisation transactions in Bulgaria.