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Kinstellar and Clyde & Co. Advise QTerminals on Successful Bid for Port Concession Project in Ukraine

Kinstellar and Clyde & Co. Advise QTerminals on Successful Bid for Port Concession Project in Ukraine

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Kinstellar’s Kyiv office, in coordination with lead counsel Clyde & Co, has successfully represented Qatari port operator QTerminals in its successful tender for the port concession project involving the Black Sea Port of Olvia.

The pilot port operating concession was prepared by Ukraine's Ministry of Infrastructure with the assistance of the EBRD and the IFC and made available through what Kinstellar describes as "a transparent and competitive tender process." 

Under the terms of its bid, in addition to regular concession payments, QTerminals anticipates that it will invest up to USD 120 million in the modernization and development of the Port of Olvia. QTerminals will also contribute USD 3.4 million to the development of local infrastructure in the surrounding area. According to Kinstellar, "this makes the project the largest concession ever implemented in Ukraine."

The Kinstellar team advising QTerminals on Ukrainian aspects of the project was led by Counsel Oleg Matiusha and included Counsel Mykyta Nota, Senior Associates Oleh Andreikiv, Danylo Volkovetskyi, and Viktoriia Dobrynska, Associates Daryna Ushchapivska, Julia Palaida, and Yulia Eismont, and Junior Associates Oleksandr Plachynta and Valeriia Lepska.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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