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Kinstellar Advises Rheinmetall on Defence Cooperation with State-Owned Ukroboronprom

Kinstellar Advises Rheinmetall on Defence Cooperation with State-Owned Ukroboronprom

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Kinstellar has advised Rheinmetall on executing a cooperation agreement with Ukrainian state-owned defense industry concern Ukroboronprom.

According to Kinstellar, “the two major defense manufacturers intend to create joint capabilities domiciled in Ukraine through setting up a joint venture, which is expected to be operational from mid-July 2023. Starting with the maintenance of military vehicles, the parties plan to move to the transfer of technology, joint production of selected Rheinmetall products in Ukraine, to potentially joint development of military systems, including for subsequent export from Ukraine.”

According to the firm, “the entrance of Rheinmetall marks a new exciting chapter in the development of Ukraine’s defense industries sector. Previously monopolized by the state, the sector is now being opened in a significant manner to the participation of major private sector market players."

The Kinstellar team included Partners Daniel Bilak, Anastasiya Bolkhovitinova, Olena Kuchynska, and Natalia Kirichenko, Of Counsel Igor Kitela, and Associate Larysa Gorbunova.

Editor's Note: After this article was published, Kinstellar reported that Ukroboronprom had relied on its in-house legal team, headed by Director of Legal Affairs Daniil Fedorchuk, for the deal.

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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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