Sayenko Kharenko Advises Promprylad.Renovation on Purchase of Facilities

Sayenko Kharenko Advises Promprylad.Renovation on Purchase of Facilities

Ukraine
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Sayenko Kharenko has advised Promprylad.Renovation, a project within the premises of Promprylad, a revitalized Soviet-era plant in Ivano-Frankivsk, on its buying-out of plant facilities.

According to Sayenko Kharenko, Promprylad.Renovation will "create an ecosystem of collaboration between businesses, social initiatives, artists, and educators," and the purchase of the facilities "[opens] up the next page of the project development strategy, which is the creation of more than 37,000 square meters for lease, including office and co-working spaces, hotels, R&D center, exhibition center, etc."

Yuriy Fylyuk, CEO of Promprylad Renovation, commented that: “At the beginning of the project, we knew that we were about to face a challenging exercise to design a corporate set up that was entirely new for the Ukrainian market. Yet, we didn’t initially realize the task would be that difficult. The whole development stage took two years."

Sayenko Kharenko’s team was led by Partner Oleksandr Nikolaichyk and included Associates Oksana Daskaliuk, Yurii Dmytrenko and Sviatoslav Kozak.