In 2020, Ukraine’s government awarded the first two concessions in the history of Ukraine – 35-year concessions of the assets of Kherson and Olvia, two significant ports on the Black Sea. Building on this success, in October 2020, the government made a media splash by releasing a roadmap for further public private partnership (PPP) projects and held various promotion events since then.
While mineral extraction in Ukraine has a high potential for development and attracting investment, it always entails ecological risks which must be properly mitigated. Recently adopted laws, as well as legislation currently considered by Parliament, are aimed at balancing economic development and environmental protection.
According to Arzinger Managing Partner Timur Bondaryev, competition investigations, investment disputes, and white-collar crime matters have been keeping his team particularly busy these last few months. CEE Legal Matters sat down with him to learn more about the driving forces behind these areas in Ukraine.
Like the rest of the world, the Ukrainian M&A market was dramatically hit by the coronavirus (COVID-19) pandemic. Indeed, the number of M&A deals decreased in 2020, for the first time since 2014. However, the fourth quarter of 2020 saw a positive surge in the number of M&A deals, and although most of those deals started before the pandemic, the fact that they still happened sent a clear signal: investors are ready to buy in the new reality.
The Ukrainian legal services market has been buzzing with work in the first half of 2021. CEE Legal Matters hosted a round table conversation in which Partners at Asters, Avellum, Integrites, Kinstellar, and Sayenko Kharenko discussed the driving forces behind the workload and their outlook for the months to come.
The pandemic has been devastating for Ukraine, with underfunded health services struggling to contain COVID-19 contagion. Scenes of hospitals overwhelmed with patients and lacking staff, equipment, and medication will haunt us even as cases drop and vaccinations rise. It has been a traumatic time for our team at the Kyiv Dentons office. We have been working hard to support and guide each other towards the glimmer of light at the end of this long and, at times scary, tunnel.
On May 17, 2021, CEE Legal Matters reported that Asters had advised Elementum Energy Ltd. on the acquisition of a majority stake in the Dnistrovska wind park in the Odessa region of Ukraine. CEE In-House Matters spoke with Victoria Pysmenna, Head of Legal at Elementum Energy to learn more about the deal.
On June 1, 2021, CEE Legal Matters reported that Vasil Kisil and Partners has successfully represented commercial audio content provider PressCom and its clients in a lawsuit brought against them by the Ukrainian League of Copyright and Related Rights for lost profits allegedly arising from their use of PressCom sourced music in their restaurants. CEE In-House Matters spoke with Denys Kukharenko Co-Founder and CEO of PressCom to learn more about the matter.
EY Law’s Bogdan Malniev Interviews the Head of the PPP Unit of the Ministry of Infrastructure of Ukraine, Taras Boichuk, on the 2020 Deal of the Year in Ukraine.