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Sayenko Kharenko Advises Soufflet Group on Investment in Illichivsk Seaport

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Sayenko Kharenko has advised the Soufflet Group on potential investment in the state-owned Illichivsk seaport. The project provides for the construction of a grain transshipment terminal with annual processing capacity of 1-1.2 million tons.

The memorandum of understanding, prepared by Sayenko Kharenko, was signed by the Soufflet Group and the Illichivsk seaport on June 19, 2015 in Kyiv. Andrii Pyvovarskyi, the Minister of Infrastructure of Ukraine, and Oleksiy Pavlenko, the Minister of Agriculture of Ukraine, took part in the official signing ceremony. At this stage, the amount of investment is expected to reach USD 70 million.

Sayenko Kharenko’s team for the transaction included Andrew Zablotskyi, Nazar Chernyavsky, and Michael Kharenko.