Tue, Sep
50 New Articles

Baker McKenzie Advises the State Property Fund of Ukraine on Privatization of Dnipro Hotel

Baker McKenzie Advises the State Property Fund of Ukraine on Privatization of Dnipro Hotel

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Baker McKenzie's Kyiv office has conducted legal due diligence for the State Property Fund of Ukraine related to its successful privatization of the Dnipro Hotel, which was sold at auction on July 15, 2020 with a winning bid of UAH 1.111 billion (approximately USD 40.1 million).

The sale was implemented with the assistance of the United States Agency for International Development'sunder the Competitive Economy Program. "We thank the USAID for the opportunity to contribute to this milestone privatization in Ukraine in recent years," commented Baker & McKenzie Kyiv Managing Partner Serhiy Piontkovsky, who led his firm's team on the matter. "I truly hope that the transparent process of privatization of Dnipro Hotel will encourage investors to invest in Ukraine and to start a new wave of development of the Ukrainian economy.” 

In addition to Piontkovsky, Baker's team included Senior Associate Nataliya Tyschenko and Associates Nadiia Filozop and Andrii Levchenko.

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


Our Latest Issue