PPP and infrastructure projects in Russia

Herbert Smith Freehills

Herbert Smith Freehills has 'one of the strongest legal practices in the Russian PPP market'; the team frequently leads on the largest and most strategically important projects in Russia and the CIS. The group has experience assisting clients from a wide range of sectors, including energy, transport and healthcare, and the firm is also known for its expertise in advising on IT concessions on the federal level. Practice head Olga Revzina is supported by of counsel Roman Churakov, who focuses on advising both private investors and public authorities on numerous projects in the utilities and social sectors. The team also includes senior associates Grigory Smirnov and Yana Ivanova.

Practice head(s):

Olga Revzina

Other key lawyers:

Roman Churakov; Grigory Smirnov; Yana Ivanova


‘Distinguished by a well-coordinated team and absolute focus on customer needs. This is reflected in the availability of experts, and the fact that the company is constantly in touch on any day at any time. Their rich experience in Russian law provides the firm with an advantage, as it allows you to take into account all the features of applying the legal norms of Russian legislation. The company always takes into account the wishes of the client and the specifics of projects, which allows you to solve complex problems effectively and on time.’

‘Employees are well qualified to promptly and efficiently respond to the current task. When working in the field of public-private partnership, this is primarily Olga Revzina, Grigory Smirnov and Yana Ivanova. Grigory Smirnov has exceptional expertise in construction matters and Yana Ivanova is very effective while structuring new complex projects.’

‘HSF has one of the strongest legal practices in the Russian PPP market. Their team has experience in advising on the most complex and large PPP projects in a wide variety of industries. HSF is distinguished by the undoubtedly high quality of services, as well as an innovative approach to solving any problems that arise during the implementation of a PPP project.’

‘Partner Olga Revzina has outstanding communications with all key players in the PPP market. Yana Ivanova, Grigory Smirnov and Roman Churakov bring a deep knowledge of industry specifics and experience to the implementation of PPP projects in different industries. Also, the HSF team is able to find solutions to the most complex legal problems which may arise during a PPP project.’

‘One of the first fully dedicated PPP practices in Moscow. Huge experience due to the fact that the practice has participated in all major Russian PPP projects to date from one side or another.’

‘Olga Revzina has first-rate hands on knowledge and proposes tailor made solutions. She has unparalleled experience in negotiating PPP documents with banks and state bodies.’

‘This is the largest infrastructure team in the market which provides exceptional services across all fields of PPP, including the newly developing IT field. The team is very visible on the market thanks to their active participation in industry conferences and their media presence.’

‘I directly work with Yana Ivanova, Senior Associate at HSF. Yana is a very bright public speaker, generously sharing her new frameworks and ideas on development.’

Key clients

Federal Road Agency (Rosavtodor)

DSK Avtoban

RT-Invest Transport Systems

VTB Capital

VEBInfra (former Federal Centre For Project Finance)

ZapSibNeftekhim, a subsidiary of Russian petrochemical giant Sibur


Medcontract, a leading Russian medical company

Western High-Speed Diameter

The Government of St. Petersburg

Work highlights

  • Advising Roads of Russia, a federal state institution, on a PPP project concerning the creation of automatic number-plate recognition systems and weigh-in-motion systems on Russian federal public roads.
  • Advised Rosavtodor, the federal road agency, on the operation and modernisation phase of the Platon concession project.
  • Advising DSK Avtoban and its subsidiaries on a €2.2bn infrastructure project concerning the Moscow Central Ring Road.

Squire Patton Boggs

International and domestic banks, public authorities at various levels, sponsors and borrowers regularly instruct the growing team at Squire Patton Boggs, which recently benefitted from the arrival of senior associate Victor Ivanov and associate Valeria Boroeva, both formerly of PwC Legal (PricewaterhouseCoopers Legal). The practice, led by 'market leaderAlexander Dolgov, is known for its experience in establishing and advising on PPP legislative frameworks in multiple jurisdictions, as well as assisting with the most prestigious and landmark projects across Russia and the CIS.  Konstantin Makarevich was promoted to of counsel in January 2020.

Practice head(s):

Alexander Dolgov

Other key lawyers:

Konstantin Makarevich; Victor Ivanov; Valeria Boroeva


‘This team has a great understanding of the infrastructure market and excellent knowledge of PPP legislation. Their advantage is their ability to advise the public side in PPP projects and provide it with full-scope legal support even during such complicated stages as tender procedures.’

‘Alexander Dolgov is a market leader in the sphere of PPP and infrastructure. Dolgov and his team work on the best of the largest and most notable PPP projects in the region.’

‘Undoubtedly, the key capability of the team is their ability to work effectively under high pressure. They are ideal members of a project due to their extensive expertise and proactive approach. Very reliable and productive.’

The team is unique due to their participation in the most prominent PPP and infrastructure projects on the market, along with their pro bono support of socially significant projects. The team is able to provide full support for a PPP project from concept development to the submission of an unsolicited proposal and commercial close, which makes this practice unique.’

‘When it comes to PPP legal advice, there is no team I would recommend ahead of Squire Patton Boggs.’

‘The team includes such renowned PPP experts as Alexander Dolgov and Konstantin Makarevich, who are both exceptionally client-orientated and always provide a high-class service.’

‘The combination of deep understanding not only of the theory of law, but also of the market conditions for doing business in Russia allows the practice’s lawyers to find out-of-the-box solutions for clients. Most valuable is the commercially-oriented approach of all their team members.’

‘Alexander Dolgov deserves a mention for his expertise and experience, not only in the PPP and infrastructure industry, but also in such specialised industry sectors as sports, healthcare, transport, social infrastructure. This makes him a truly valuable, versatile professional capable of leading a project from start to finish.’

Key clients

State Company “Russian Highways” (Avtodor)

Investments Agency of Amur Region

RT-Invest LLC

Pizzarotti I.E. LLC


RVC Capital LLC

Eighth Concession Company LLC (VIS Group)

Tenth Concession Company  LLC (VIS Group)

Crocus International JSC

Tsifrovoe Primorie LLC

Polar Star LLC

Far East Development Fund


Sberbank of Russia OJSC

Sberbank Investments LLC

Sberbank AG

Open Bank OJSC

VTB Capital Finance LLC

Air Liquide LLC

CRPT Turon

Erspray Medical Company LLC

Premium Stroy Invest LLC


Permsky Park LLC



Belagro LLC

Oehner & Partner Rechtsanwaelte GmbH

Invest-Organic NPP LLC


Mikro Kapital Management S.A.

Projects of Tatarstan JSC

Work highlights

  • Advising Crocus International on the financial closure of a project concerning the construction and operation of the Central Ring Road on the basis of a long-term investment contract concluded with the state company Russian Highways.
  • Advising the Tenth Concession Company on the financial closure of a project concerning the financing, design, construction and operation of a bridge over Kaliningrad Bay.
  • Advising the Investments Agency of the Amur region on the reconstruction and operation of the Blagoveshchensk Airport.

Bryan Cave Leighton Paisner (Russia) LLP

With real estate and construction expert Vitaly Mozharowski, and banking and finance specialist Oleg Khokhlov at the helm, Bryan Cave Leighton Paisner (Russia) LLP offers clients a multidisciplinary approach to PPP and infrastructure projects. The firm has substantial experience advising notable sponsors, lenders and developers on the full gamut of matters, including corporate and tax structuring, financing, and regulatory issues. The group has a project portfolio which includes all major types of infrastructure, among them transport, energy, social and communications, and frequently handles complex cross-border work.

Practice head(s):

Oleg Khokhlov; Vitaly Mozharowski

Key clients

Sberbank Investments

Far East and Arctic Region Development Fund

South Stream Transport B.V.

Sheremetyevo International Airport / Moscow

Russian Direct Investment Fund (RDIF)

Crocus International

New Concession Company

ESN Group


JSC Yenisei TGK

Charity foundation Podari Zhizn (“Gift of life”)



Work highlights

  • Advised South Stream Transport, a subsidiary of Gazprom, on the construction of the Russian sector of the TurkStream Offshore Pipeline project from Russia to Turkey.
  • Advising the Far East and Arctic Region Development Fund on financing the construction of a new domestic terminal of Khabarovsk Airport.
  • Advising Sheremetyevo International Airport on its large-scale reconstruction.

Capital Legal Services

The team at Capital Legal Services is frequently instructed by notable Russian and international investors, domestic financial organisations, and state authorities. The firm is noted for providing legal support for infrastructure projects of strategic national significance in a broad variety of industries. Julia Antipova takes the lead in St. Petersburg, where project financing and corporate expert Pavel Karpunin is also a key figure. In Moscow, Dmitry Raev is at the helm, supported by managing partner Vladislav Zabrodin. The group assists with all matters relating to PPP and other investment mechanisms, as well as advising on issues concerning construction and interaction with state authorities.

Practice head(s):

Pavel Karpunin; Vladislav Zabrodin

Other key lawyers:

Dmitry Raev; Julia Antipova


‘High professionalism, flexibility, focus on results, participation of partners in key discussions and negotiations.’

‘Pavel Karpunin is a partner distinguished by high professionalism and flexibility. Also, it is important to note that he constantly monitors the work of the legal team.’

‘CLS is a very strong, well-coordinated team with deep expertise. We, as a customer, are always in the spotlight and are treated with great friendliness and professionalism. We can always count on reliable and timely solutions and support, even after business hours.’

‘We appreciate the professional, very good from a legal point of view, and client-oriented support provided.’

‘The company provides not just legal expertise services, but participates in the creation of the final product. Extensive experience in the field of PPP, flexibility and proactivity allows us to successfully solve problems of any complexity in order to achieve the result agreed.’

‘Pavel Karpunin and Julia Antipova demonstrate deep immersion in the project, and initiative and flexibility of thinking in their work. They are ready to quickly work out any tasks and propose solutions in situations that seem unsolvable at first glance. They have experience in interacting with market participants at various levels.’

Key clients

AMK Global Gmbh

Arkhangelsk Transport Hub, JSC



EKS Group of Companies, JSC

National Logistic Technologies JSC (NLT JSC)

Pizzarotti I.E., LLC

Moscow Directorate of Transport Services ANO

Urengoiaeroinvest, LLC

Seaport “Gelendzhik”, LLC

DFVT Fund (Far East High Technology Fund)


Peter the Great St. Petersburg Polytechnic University

Airport Gelendzhik

PLC Vladivostok, LLC

Proyektnoye upravleniye stroitel’nymi kontraktami (PUSK), LLC

Work highlights

  • Advised Gazprombank on the $650m financing of a federal road project.
  • Assisted a consortium of oil and construction companies with negotiations concerning the biggest project for oil-loading facilities in the Russian Far East .
  • Advising PUSK on the construction of the Western High-Speed Diameter toll road.


Dentons is known particularly for its 'impressive presence within the Russian infrastructure market', providing legal support for economic and social infrastructure projects, including concessions and other PPP projects in Russia and the CIS. Construction expert Karina Chichkanova oversees the infrastructure practice and counsel Vladimir Kilinkarov takes the lead on advising public authorities and investors on various aspects of PPP work. Kilinkarov is also a member of the team of the United Nations Economic Commission for Europe involved in preparing a model law on public-private partnerships, and was invited by Uncitral to work on its legislative guide and model provisions concerning PPPs.

Practice head(s):

Karina Chichkanova; Vladimir Kilinkarov


‘Strong presence in the Russian PPP market, balanced team, good knowledge of industry specifics. The team is one of the leaders in the Russian market.’

‘Experience and expertise; a high degree of customer focus. Separately, we can highlight Vladimir Kilinkarov.’

‘The team has an impressive presence within the Russian infrastructure market.’

‘I have worked closely with Vladimir Kilinkarov over the past two years. He has been consistently helpful, constructive, responsive and an effective team player. He has a firm grasp of the often complex and subtle issues affecting PPPs, and an ability to communicate points clearly and lucidly. ’

‘Unique knowledge and experience.’

‘The practice is distinguished by high-quality and fast work on assigned tasks. They can work and give results under conditions of lack of initial information and time constraints. Showed high professionalism and the ability to defend interests on the side of the customer.’

‘Able to solve complex problems in complex projects and find non-standard ways of solving problems.’

‘Openness, responsiveness and readiness to immerse in the details of the problem as soon as possible.’

Key clients



Northern Capital Gateway

Russian Railways (via InfraONE)



Matrix (Polyplastic Group)

Polyplastic Group

Work highlights

  • Advised Russian Railways on the entirety of an infrastructure project, from preparing the legal concept and drafting the concession agreement to the signing of the concession agreement with the Sverdlovsk Region, which was the public partner.
  • Advised Gazprombank on the acquisition of receivables under a comprehensive long-term investment agreement for the reconstruction, maintenance, repair, overhaul and operation of a toll road.
  • Advised Northern Capital Gateway on various issues concerning the PPP agreement for the reconstruction of Pulkovo Airport.

Freshfields Bruckhaus Deringer

Kachkin & Partners

Managing partner Denis Kachkin takes the lead at Kachkin & Partners; he is know for advising public authorities, private companies and financial institutions on unique PPP projects which are being implemented for the first time in their respective fields in Russia. Kachkin is supported by associates Lusine Arutyunyan and Roman Dudnikov, both of whom specialise in the structuring of public-private partnerships and the implementation of infrastructure projects. The firm is also noted for its involvement with the working group on the improvement of legislation on passenger transportation under the Ministry of Transport.  

Practice head(s):

Denis Kachkin

Other key lawyers:

Lusine Arutyunyan; Roman Dudnikov


‘Unique experience in the area of PPP projects in the field of public urban transport. Comprehensive analysis of the key aspects of the PPP project implementation.’

‘Denis Kachkin is a unique specialist in the field of transport PPP projects. Vast experience, a comprehensive study of the questions and tasks posed, a creative approach to structuring transactions.’

‘An attentive attitude to the work, a willingness to quickly analyse information and constantly be in touch. Attention to the wishes and information from the customer.’

‘Denis Kachkin and Lusine Arutyunyan show professionalism, attentiveness to the customer, and are always in touch.’

‘If you hire a team from Kachkin and Partners, you can be sure that in addition to paid legal work, you will receive additional advice on related topics, which is extremely important when preparing complex projects.’

‘Denis Kachkin is a purposeful professional who understands the value of communication.’

‘Availability and involvement of the company’s partners, as well as impeccable expertise of partners in their fields.’

Key clients

Ministry of Economic Development of the Russian Federation

Working Group of the Ministry of Transport of the Russian Federation on the improvement of passenger traffic legislation

Project company BaltNedvizhService, a consortium of Gazprombank and ABZ-1

Lagan Seaport

Secure logistics

Konyushennoe Vedomstvo (Stables Administration)

Gelendzhik Seaport

RZD-Invest (Russian Railways OJSC)

Regional Logistics Centre

STS Group of Companies

Concession greenhouse farm “Alekseevsky”


Novosibirsk Business project


Work highlights

  • Assisting the Ministry of Economic Development of the Russian Federation with amendments to the federal law on concession agreements.
  • Assisting BaltNedvizhService, a consortium of Gazprombank and ABZ-1, with a concession project concerning the creation and operation of a tram network in St. Petersburg.
  • Advising Transmashholding on the creation and operation of an inter-municipal transport communication project in a major urban agglomeration of the Urals region.


At Linklaters, counsel Julia Voskoboinikova has over 15 years of experience advising on project financing in Russia. Voskoboinikova regularly acts for sponsors and lenders on a wide range of transactions in the infrastructure sector, and is particularly recognised for her work advising on all aspects of concession projects in Russia at both the federal and regional levels.


The transport sector is a particular area of focus for the 'excellent team of professional experts' at VEGAS LEX; the PPP group is known for advising on concessions and project finance for seaports, railways, roads and intelligent transportation systems. Practice head Denis Shtirbu, supported by senior associates Irina Dolgikh and Varvara Suchkovaregularly assists with structuring deals, preparing direct financial agreements, negotiating with the federal government, and representing clients in negotiations with banks and investors. Shtirbu is also frequently involved with analysis and development of legal practice in this area.

Practice head(s):

Denis Shtirbu

Other key lawyers:

Irina Dolgikh; Varvara Suchkova


‘We have been cooperating with VEGAS LEX lawyers for many years. During this time, with their support, we have successfully completed a number of major federal projects in the field of PPP and transport. The team has the deepest legal expertise and always quickly solves the most difficult problems.’

‘The team leader, Denis Shtirbu, is practical, result-oriented, an excellent project manager. I would also like to highlight the leaders of the project teams – Irina Dolgikh and Varvara Suchkova. Both colleagues have many years of experience in implementing PPP projects, a deep understanding of the importance of the tasks to be solved and promptly respond to requests.’

‘VEGAS LEX is an excellent team of professional experts with vast experience in the PPP industry. We are very pleased with the work of the firm and have already advised it to some of our partners.’

‘Denis Shtirbu, Irina Dolgikh and Varvara Suchkova are a perfectly coordinated team, people with fundamental knowledge and lively flexible minds, capable of solving complex problems, able to think outside the box and approach each project with soul and creativity.’

Key clients

Russian Railways

State Transport Leasing Company

Gazpromavia (a Russian air company with 100 % of shares belonging to Gazprom)

Lavna Commercial seaport, SPE for PPP projects in Murmansk sea port

Dorogi Rossii

Sibanthracite Group

Work highlights

  • Advised the State Transport Leasing Company on the financial closing of the Lavna investment project.
  • Advising Russian Railways on amending the EPC contract for the construction of the Elegest-Kyzyl–Kuragino railway line.
  • Assisting Russian Railways with the organisational and legal structuring of the Severomuysky tunnel-2 project.

ALRUD Law Firm

Structuring and drafting documentation on joint developments and investments into infrastructure projects forms the cornerstone of the practice at ALRUD Law Firm. Corporate specialists Andrey Zharskiy and Anton Dzhuplin are the key names to note; both have extensive experience assisting with domestic and international transactions. Notable investment institutions make up a core part of the firm's client base.

Practice head(s):

Andrey Zharskiy

Other key lawyers:

Anton Dzhuplin

Key clients

China National Gold Corporation


Russian Direct Investment Fund (RDIF)


Louis Dreyfus Company

Coeclerici and its Russian subsidiary KISK

Great Dyke Investments (Private) Ltd

National Logistic Technologies JSC (NLT)

Vi Holding

Olam International Limited

TATA Power

Work highlights

  • Advising VTB Capital on its purchase of the Novorossiysk Grain Terminal.
  • Assisting the Russian Direct Investment Fund with the development of several infrastructure projects of federal importance.
  • Advising Gazprombank on the construction of an infrastructure project relating to the trans-border bridge crossing over the river Amur.

Clifford Chance

The Moscow practice functions as part of the worldwide projects group at Clifford Chance, which comprises project specialists from a multitude of offices in a wide range of jurisdictions. This global network allows the team to advise international investors, developers, and financial institutions as lenders on large-scale regional and federal PPP projects. The group is headed up by managing partner Victoria  Bortkevicha.

Practice head(s):

Victoria Bortkevicha


‘An exceptional business vision and approach to problem solving.’

‘Availability at any time of the day or night.’

Key clients

VTB Capital

Far East Development Fund


Work highlights

  • Advised Novatek on the execution of a contract between Arctic LNG 2 and TechnipFMC concerning the construction of LNG plant modules in Asia and Murmansk.
  • Assisting the Baikal Mining Company with the construction of the Udokan copper mining plant.
  • Advised the Far East and Arctic Development Fund on an $80m loan to partially finance the construction of the second stage of the Amursk pressure oxidation plant.

FBK Legal

The team at FBK Legal is able to assist with every stage of complex PPP and infrastructure projects, from risk assessment and developing tender procedures to advising during project implementation. The key contacts are Alexander Yalushkin and Natalia Lezhennikova, both of whom focus on major infrastructure projects; managing partner Nadezhda Orlova, who handles construction projects for notable client Gazprom; and transactional specialist Alexander Ermolenko.

Practice head(s):

Nadezhda Orlova; Alexander Ermolenko; Alexander Yalushkin

Other key lawyers:

Natalia Lezhennikova

Key clients

Gazprom and its subsidiaries


CRRC Corporation Limited (China Railway Rolling Stock Corporation)


Our Future Fund

Harbin Electric Corporation

B. Braun Avitum Russland




Work highlights

  • Advising Gazprom Invest on the construction of an ice-resistant oil platform as part of a large-scale EPC contract worth $2.5bn.
  • Assisting Harbin Electric Corporation with a $15.6m electric-power industry joint venture involving Chinese, Singaporean and Russian investors.
  • Advising Mosavtogaz on the most efficient concession agreement options for the transfer of 21 gas-compressor stations.


The team at Infralex is able to provide 'non-typical solutions for complex tasks', including advising on projects with a nexus to transport infrastructure and assisting with PPP work in the IT, education and natural resources sectors. The practice is headed by Dmitry Ivanov, with support from Maxim Chernigovsky and Alexey Popov. The firm is increasingly involved with international projects, particularly those involving investments in the Eurasian Economic Union and China.

Practice head(s):

Dmitry Ivanov

Other key lawyers:

Maxim Chernigovsky; Alexey Popov


‘Practitioners at Infralex stand out for their business-oriented approach. To compare them with other lawyers, they provide legal opinions and positions which meet our business-goals and not only the legislation.’

‘Alexey Popov provides a strategic view of the matter. Maxim Chernigovsky is a creative investment lawyer who provides non-typical solutions for complex tasks. Dmitry Ivanov is very experienced lawyer in PPP and he organised the team to provide a comprehensive and deep legal solution.’

‘The team is highly qualified, client-orientated and focus on results.’

‘The highly-qualified professionals have extensive knowledge in the PPP sphere.’

Key clients

Russian Railways


ANO “Platforma novoi shkoly”

Central PPK


Work highlights

  • Assisting Russian Railways with the development of its global model to optimise its real estate and other property to develop infrastructure projects.
  • Providing legal and management support to a series of projects to redevelop the Russian Railways cargo yards in Moscow for commercial proposes.
  • Supporting an innovative educational project, implemented in accordance with the resolution of the President of Russia and using the best educational practices of Finland, Great Britain and Singapore.

LP Law Firm

Under the leadership of Andrey Novakovskiy, the team at LP Law Firm negotiates and structures complex PPP transactions, assisting with all necessary legal due diligence and drafting of loan and collateral documentation. The firm likewise has extensive experience advising on infrastructure projects with a nexus to public transport, utilities, healthcare, leisure and waste recycling. Counsel Mikhail Kornev is also recommended.

Practice head(s):

Andrey Novakovskiy

Other key lawyers:

Mikhail Kornev


‘Professionalism and non-standard approach to complex tasks.’

Key clients

OJSC “Vnukovo International Airport”

LLC “Regional Medical Service Company”

Federal State Budgetary Institution “Federal Scientific and Clinical Center for Specialized Types of Medical Care and Medical Technologies of the Federal Biomedical Agency of Russia” (FSBI FNCC FMBA of Russia)

JSC “Sinara – Transport Machines”

Management Company “Leader”

LLC “DNS – Development’’


Work highlights

  • Advising the Regional Medical Service Company on the reconstruction and operation of radiation diagnostic rooms in the Chelyabinsk region on the basis of a concession agreement.

Maxima Legal

Maxima Legal's practice is regularly involved with the preparation and development of international, federal and regional PPP laws, as well as supporting transport and social infrastructure projects, including healthcare facilities and public utilities. Natalia Diatlova, who leads the group, is a member of the expert council of the National PPP Centre and was involved with its recent launch of the Rosinfra digital platform. Corporate specialist Maxim Avrashkov is also noted.

Practice head(s):

Natalia Diatlova; Maxim Avrashkov


‘The uniqueness of our case lies in the fact that PPP in the IT sphere is only a newly-growing industry. The team of Maxima Legal has coped with this task very professionally. We are pleased with the firm’s work; we intend to refer further work to it in the future.’

‘I would like to note the professionalism of Natalia Diatlova, as the possibility of implementing IT projects under the PPP scheme in Russia became possible only from June 2018 and she had a dream to become a pioneer in this direction. Nevertheless, despite the ambiguity of the interpretation of some aspects of the new law and the absence of such projects in the entire Russian PPP practice, Natalia coped with the tasks at the highest level. She has proved to be effective and clear in her work. It was a pleasure to work with her.’

‘The team of lawyers are very professional. They understand different areas, work very quickly and communicate well. I highly appreciate the qualification of the team, and I am ready to recommend them on any issues and, in particular, on public-private partnership projects. Maxima Legal provided full consultation in the framework of our request. Legislation of PPPs is quite complicated in Russia and requires competent interpretation by professionals. The team of lawyers appreciated all types of risks for us, and prepared answers to all the questions within the specified time limits. We are fully satisfied with the result and are ready to work with this law firm in the future.’

‘When we met Natalia Diatlova, we realized that our co-operation would be productive and fruitful! There are not many PPP professionals in St Petersburg who really know how to do this type of work. Natalia is one of the few.’

Key clients

Kulturnaya Stolitca LLC / The Cultural Capital

Stroyproekt Engineering Group

The Government of the Tula Region

The Government of Krasnodar

The Government of the Yaroslavl Region

The Administration of the Kemerovo Region

The Government of the Leningrad Region

The Government of the Murmansk Region

The Government of the Novgorod Region

The Government of the Novosibirsk Region

The Government of the Republic of Bashkortostan

The Government of the Republic of Mordoviya

The Government of the Republic of Udmurtiya

The Administration of St Petersburg

Work highlights

  • Advising Stroyproekt Engineering Group on a leading Russian road construction project, which involves significant investment projects in Siberia and the first large-scale PPP project in the Altai region.
  • Advising The Cultural Capital, a group which initiates projects aimed at the development of culture and tourism in St Petersburg, on the implementation of navigation platform BEST.Petersburg.

PwC Legal (PricewaterhouseCoopers Legal)

PwC Legal (PricewaterhouseCoopers Legal)'s team comprises practitioners with significant industry expertise, who are capable of providing full legal support throughout the entire duration of PPP and infrastructure projects of any scale and complexity. Both public and private entities frequently instruct team lead Vladimir Sokolov, who has considerable experience advising on matters both inside and outside of Russia. Yana Zoloeva is a key contact for transactional advice, and associate Andrey Andersen is also noted.

Practice head(s):

Vladimir Sokolov

Other key lawyers:

Yana Zoloeva; Andrey Andersen


‘The PwC Legal team has significant experience in implementing PPP and other infrastructure projects. The firm’s lawyers are also distinguished by a high level of qualifications, responsiveness, client- and business-orientation (the firm’s lawyers will always find legal mechanisms to achieve a business goal).’

‘Over a rather long period of co-operation, the PPP team has confirmed its high professionalism and deep knowledge of the legislation in the field of PPP and the practice of its application. The team members are distinguished by an active client-oriented position, a creative approach to finding solutions and a deep understanding of trends in the development of the PPP sphere.’

‘The team has experience of similar projects in other regions of Russia, which can be applied in the client’s home region.’

‘Vladimir Sokolov has significant experience in implementing PPP projects and is well aware of the practice of implementing this category of projects.’

‘Vladimir Sokolov and Andrey Andersen directly supervise client projects and maintain operational interaction.’

‘High quality work, continued customer support after the end of the period of service.’

Key clients

Lytkariskaya Toll Road

Mezhotraslevoy Innovacionniy Komplex

Mnogofunkcionalniy Gruzovoy Rayon

Tollway Company Croup

Sakhalin Energy Investment Company

Federal Grid Company of Unified Energy System (FGC UES)

Gazprom Pererabotka Blagoveshchensk

South Stream Transport B.V.



Work highlights

  • Advised Lytkarinskaya Toll Road on the implementation of a $1.2bn concession project for the construction and operation of a network of public roads of regional significance in the Moscow region.
  • Assisted Mnogofunkcionalniy Gruzovoy Rayon with the implementation of a $420m concession project concerning the construction and operation of seaport infrastructure and terminals for coal, oil and oil products, and gas condensate sea transportation in the Far East.
  • Advised Mezhotraslevoy Innovacionniy Komplex on the implementation of a $50m concession project for the construction and operation of an agriculture facility.

YUST Law Firm

YUST Law Firm focuses its practice on federal and regional projects connected with infrastructure establishment and development. The firm adopts a collaborative approach to PPP work, frequently bringing together practitioners from different departments, including M&A, real estate, antitrust and tax; newly promoted partner and head of corporate, Roman Cherlenyak, regularly assists with PPP projects. Team lead Anna Kotova-Smolenskaya was recently involved with the preparation of legal regulations relating to the turnover of digital assets.

Practice head(s):

Anna Kotova-Smolenskaya

Other key lawyers:

Roman Cherlenyak

Key clients


ROSCOSMOS State Corporation




State Development Corporation VEB.RF


Russian public and state sport association Dynamo

Fund for protection of shareholders’ rights

Pushkin State Museum of Fine Arts

Work highlights

  • Advising on a number of projects for the State Development Corporation VEB.RF, an institution created to support and develop industrial production and infrastructure.
  • Assisting the world-famous cultural institution, the Pushkin State Museum of Fine Arts, with the implementation of a number of major infrastructure projects.
  • Assisting Glavkino with legal issues relating to the construction of a hall.

Egorov Puginsky Afanasiev & Partners

The team at Egorov Puginsky Afanasiev & Partners handles a wide range of advisory matters, including evaluation of the state of existing infrastructure, risk management assessments and drafting of relevant documentation. Elena Gavrilina takes the lead in Moscow. St Petersburg-based counsel Olga Mischenko is another name to note; she has extensive experience of conducting due diligence on real estate transactions.

Practice head(s):

Elena Gavrilina; Olga Mischenko

Work highlights

  • Advising on a first of its kind refinancing of a PPP project by way of placement of social bonds.

EY Law

The PPP and infrastructure projects team at EY Law works closely with the finance, tax and transaction advisory departments. Airports, sports facilities, roads and utilities continue to represent the core specialties of the group. Ilya Skripnikov, who also oversees the construction and real estate practice, takes the lead on all major projects. For all tax-related issues, Dmitry Babiner is the name to note.

Practice head(s):

Ilya Skripnikov; Dmitry Babiner

Key clients


JSC Corporation for Development of Kamchatka Region

DSK Avtoban JSC Russia

Work highlights

  • Advised the concession company, Bypass Togliatti, on due diligence relating to the proper conclusion, validity and enforceability of an agreement relating to the construction and operation of a highway between the company and the Samara region.
  • Advised the Corporation for Development of the Kamchatka Region on the structuring of a PPP project in the form of a concession agreement relating to the construction and operation of a regional hospital.
  • Assisting DSK Avtoban with the automation of contracts for the execution of contractual parts of a project relating to the Central Ring Motorway of the Moscow region.

P&P Unity

Semyon Mokin, managing partner of boutique firm P&P Unity, has advised on the structuring of over 40 infrastructure projects in a variety of areas, including healthcare and transportation. Mokin is supported by PPP specialist Olesya Belousova and senior associate Elvira Kunakova. The team is noted for its expertise in assisting with concessions concerning outdoor street-lighting, in the context of smart city projects.

Practice head(s):

Semyon Mokin; Olesya Belousova

Other key lawyers:

Elvira Kunakova

Key clients

“REGION” Group of companies (The Agency of Project Initiatives Development (ARPI))

International lighting Engineering Corporation “BL Group”

Veolia group of companies (Veolia Vostok LLC)

Group of Companies InfraKAP


Work highlights

  • Advised the InfraKAP Group on a PPP deal concerning the construction of the Togliatti Bypass toll bridge and highway system.
  • Advising the Regions Group on a concession agreement, in which the client is responsible for the construction of a toll road in the Moscow metropolitan area.
  • Preparing a concession agreement for an outdoor street lighting project in the city of Solnechnogorsk on behalf of the BL Group.  


VERSUS.legal handles the full gamut of work relating to complex PPP projects in a wide variety of sectors, including sports, tourism and transport. The team has seen significant recent growth; practice head and 'excellent specialistDanil Podshivalov was joined by senior associates Maria Lasovskaya and Aleksandra Redichkina in 2019, and by associate Alena Mikhalchuk in 2020.

Practice head(s):

Danil Podshivalov

Other key lawyers:

Maria Lasovskaya; Alena Mikhalchuk; Aleksandra Redichkina


‘The team combines professionalism, love for the practice and a flexible, creative approach to both internal interaction with clients and external interactions. Another strength of the practice is also the presence of experience at all stages of using PPP tools, which makes it possible to foresee possible difficulties several steps ahead.’

‘The practice is unique, as it consists of young, but at the same time highly qualified lawyers with extensive experience in what they do. The team is characterised by flexibility and efficiency, which is important in project work, availability 24/7, willingness to listen without compromising on quality. When working with other lawyers, we often encountered a lack of understanding of the specifics of PPP projects and an unwillingness to complete the work on time. This team fully meets our requirements.’

‘A tight-knit team of professionals. Representatives of the practice are well versed in their field of activity, they are very flexible and enthusiastic. Over 1.5 years of work on projects in the areas of public transport and road infrastructure, the practitioners have shown themselves to be high-class lawyers, engaged in both structuring new projects and supporting those already being implemented by our company. They are able to develop and propose the best way to resolve issues.’

‘A young and ambitious team – they want to find an answer even where it is not immediately obvious. We set ourselves ambitious goals and it is very important for us that the lawyers meet our values and are ready to do everything in their power and even a little more. It is this dedication that attracted us to the Versus.legal team and sets it apart from the competition.’

‘We actively collaborated with Danil Podshivalov, Aleksandra Redichkina and Alena Mikhalchuk. Their proactive approach and ease of interaction are captivating.’

‘We work mainly with three lawyers: Danil Podshivalov, Aleksandra Redichkina and Alena Mikhalchuk. Danil Podshivalov has exceptional experience of participating in the implementation of PPP projects in Russia, in addition to working out legal schemes. He can advise on the project strategy. An excellent specialist with a wide range of competencies.’

‘We worked directly with Danil Podshivalov, Maria Lasovskaya and Alena Mikhalchuk. All the team members inspire trust. Their integrated approach to the work also left a positive impression.’

‘We would like to highlight Danil Podshivalov and Aleksandra Redichkina as key participants in our project. The attitude to work and the quality of staff are the most important elements of the success of this team, but if we evaluate colleagues individually, we see a focus on results as a key advantage of colleagues.’

Key clients

Group of companies “Ginza project”

JSC “Piter Trust Investment Company”

LLC “MV project”

Group of companies “ABZ-1”

Work highlights

  • Advising Baltnedvizhservice on a concession project concerning the creation and operation of a tram network in St Petersburg.
  • Advising the group of companies involved in the Ginza project on the creation of a multifunctional complex for social and cultural purposes.
  • Assisted the St Petersburg Investment Committee  with a comprehensive audit of the legal status of a large territory.