Commercial, corporate and M&A in Ukraine


Aequo is ‘a good example of how a firm can develop a strong practice rapidly’. Anna Babych (who is ‘a great person and a great lawyer’) and Denis Lysenko count Dragon Capital and DIY chain Epicentr-K among their clients. Senior associate Michael Lukashenko and of counsel Oksana Krasnokutskaya are other names to note.


At Arzinger, lead partner Anna Zorya is ‘a good strong corporate practitioner’. Timur Bondaryev is recommended for M&A deals in the real estate and construction sectors. He advised Contour Global on the sale of its Ukrainian businesses. Senior associates Alesya Pavlynska and Viktoriia Dobrynska are rising stars.


Asters frequently handles cross-border M&A transactions and key partners Armen KhachaturyanVadym Samoilenko and Oleksiy Didkovskiy are highly recommended. Oleg Boichuk joined from Egorov Puginsky Afanasiev & Partners. The firm assisted JSCB Industrialbank with its merger with Express Bank.


Avellum 'has unique experience and the best knowledge, so usually finds the best proposition for the client'. Mykola Stetsenko and Yuriy Nechayev, who are 'very hardworking and professional', are leading lights in the market. Senior associate Andriy Romanchuk is also noted. The team acted for Horizon Capital on the sale of its stake in Ergopack Group.

Baker McKenzie, Kyiv Office

Baker McKenzie, Kyiv Office 'provides great support in M&A deals - the work is structured and prioritised in the proper way to deliver the best outcome'. Viacheslav Yakymchuk, 'great professionalOlha Demianiuk and senior associate Andrii Moskalyk are the key contacts. The firm advised poultry exporter MHP on redomiciling its holding company to Cyprus.


CMS is widely regarded as a leading firm for cross-border M&A deals. Highly regarded duo Graham Conlon and Maria Orlyk and counsel Tetyana Dovgan are key practitioners. Clients include HNA Group and Scatec Solar. For SD Capital, the firm handled a joint venture with P&O Maritime.


Dentons has 'a perfect, dedicated team' and clients praise 'great partnerOleg Batyuk. He advised a US technology company on investments in software developers and R&D centres in Ukraine. Adam Mycyk and associate Oksana Franko are among the key practitioners. Adecco Group and Acciona Energy are also clients.

DLA Piper Ukraine Limited Liability Company

DLA Piper Ukraine LLC is 'very efficient and provides a deep assessment of all matters it  handles'. Practice head Alla Kozachenko is 'very proactive and pragmatic' and Galyna Zagorodniuk is 'highly skilled'. Margarita Karpenko, who acted for Skiold Group on its divestment to Solix Group, is also recommended.

Redcliffe Partners

Redcliffe Partners is ‘a very strong player in the market' and climbs to the top tier. The practice has 'outstanding professionals and provides top-notch services'. Dmytro FedorukRob Shantz and counsel Zoryana Sozanska-Matviychuk (who is 'very practical and client oriented') are key names. Ukrnafta and Monsanto are among its clients.

Sayenko Kharenko

Sayenko Kharenko is 'responsive, quick and professional' and its team includes 'the best lawyers I have worked with in Eastern Europe', according to one client. Vladimir Sayenko, who acted for HP on its acquisition of Samsung's printer business, Oleksandr Padalka and Russian-qualified Andrei Liakhov are among the key practitioners. Counsel Sergiy Kazmirchuk is 'precise and clear in his answers'.

Eterna Law

Eterna Law frequently advises Russian and Ukrainian clients on business activities in the disputed region of Crimea. It also handles corporate matters in the energy and IT sectors. Lead partner Oleh Malskyy acted for an investor who bought a stake in delivery company FoodFox.

EY Law

EY Law is known for its 'availability and deep knowledge'. It frequently handles matters in the oil and gas, agriculture, healthcare and IT industries. Albert Sych and Borys Lobovyk, who returned from the Kazakhstan office, are the key contacts. BTA Bank and Horizon Capital are among the team's clients.

Ilyashev & Partners

Ilyashev & Partners frequently handles high-value M&A transactions and both Mikhail Ilyashev and Roman Marchenko are highly respected partners. The firm acted for BTA Bank on the creation of a new business entity in Estonia. SE Antonov and Ukrrichflot are among its clients.


Jeantet climbs the ranking due to its growing workload of cross-border corporate activity. Bertrand Barrier frequently acts for French, German, Belgian and Polish companies active in Ukraine. They assisted Eurocape with the structuring of companies to operate wind farms and helped Airbus with the €550m sale of a fleet of helicopters. Illya Tkachuk is now with Integrites.


Kinstellar frequently advises buyers and sellers on M&A transactions for strategic and financial investors. It has notable expertise in sectors such as agriculture, banking, energy, oil and gas, FMCG and insurance. Practice head Iryna Nikolayevska and Olena Kuchynska are the key contacts. Clients include Naftogaz and Syngenta.

Lexwell & Partners

Lexwell & Partners acts for companies of all sizes including local Ukrainian companies and multinational corporations. Counsel Igor Nagai and Andrei Kolupaev are the lead lawyers. They assisted leading supplier of building materials CRH Group with the restructuring of its local business. ArcelorMittal and Evraz are also among the team's clients.


NOBLES 'can do any deal', according to one market source. Volodymyr YakubovskyyAlexander Weigelt and Tatiana Iurkovska are all highly respected partners. The firm acted for a major digital engineering company on the sale of a minority stake to a private equity consortium. For a Norwegian renewable energy company, the firm handled a €4m acquisition.

PwC Legal

PwC Legal has increased its visibility in the market. Its ten-lawyer team includes Andrey Pronchenko and practice heads Alexey KatasonovAnna Lypska and Oleksandra Kostrytsia, who count SE Antonov, Bayer Group and Honda Motor Europe among their clients.

Vasil Kisil & Partners

Vasil Kisil & Partners is regarded as a strong player in the M&A market and provides corporate advice to a large roster of domestic and international clients such as Mondelēz International and Mitsubishi. Practice head Volodymyr Igonin acted for Intellecom on the restructuring of its partners' shareholdings. Alexander Borodkin is also recommended.

Wolf Theiss

Clients of Wolf Theiss praise the 'outstanding work from a highly committed team'. Lead partner Taras Dumych acted for Bain Capital on local matters arising from its acquisition of Sealed Air's food safety and hygiene division, Diversey Care. Senior associate Oksana Volynets plays a key role in the practice's major deals.

LLC “Deloitte & Touche Ukrainian Services Company”

Deloitte (PJSC Deloitte & Touche USC) joins the ranking having invested in its corporate practice, which counts Porsche Group and Ukrainian Railway among its clients. It is known for its 'excellent teamwork and first-class customer service'. Dmytro Pavlenko advised Nissan Motor Ukraine on commercial matters.

Egorov Puginsky Afanasiev & Partners

Egorov Puginsky Afanasiev & Partners has a small team following the departure to Asters of Oleg Boichuk and others. The 'reliable and responsiveOksana Ilchenko and Ilona Zekely, who now works mainly from Moscow, remain. Recent highlights include advising a German holding company on its entry into Ukraine.

EnGarde Attorneys at Law

EnGarde Attorneys at Law has a privatisation specialist in Andriy Vyshnevsky who, along with Roman Ognevyuk, also handles M&A and corporate restructuring. The duo acted for an international agribusiness on the acquisition of a Ukrainian company.


EVERLEGAL is highly regarded for its prominence in M&A deals in the alternative energy and agriculture sectors. Yevheniy Deyneko assisted UDP Renewables with the €54m sale of solar power plants.


Evris provides advice that is 'on time, predictive and smooth' and lead partner Sergiy Benedysiuk is 'internationally minded' and praised for his 'high standards'. For Volterra, he handled the acquisition of two solar energy businesses.

Attorneys’ Association Gestors

Andriy Tsvyetkov leads the practice at Attorneys’ Association Gestors, which handles M&A, trade matters, franchising and customs law. Tsvyetkov and Yaroslav Snigur assisted ArcelorMittal with an anti-dumping investigation into the import of steel bars from the Russian Federation.


GOLAW handles cross-border M&A activity, notably for mid-cap Czech companies, but also advises global brands including GAP. 'Diligent and skilful expertsMax Lebedev, who assisted a Turkish battery company with corporate structuring, and Sergiy Oberkovych are noted.


Integrites 'keeps to deadlines and is known for its preciseness and availability'. Oleksiy Feliv advised Norwegian wind farm developer NBT on corporate matters. Head of international law Julian Ries is also noted. Svyatoslav Sheremeta joined the EBRD. Illya Tkachuk was a new arrival from Jeantet.

KPD Consulting Law Firm

KPD Consulting Law Firm has 'strong experience in cross-border transactions' and Vitaliy Patsyuk provides 'efficient support in joint ventures, shareholder agreements and corporate governance'. He assisted Diebold Nixdorf with post-closing matters arising from the global merger of Diebold and Wincor Nixdorf.


KPMG continued to grow its corporate and M&A workload last year. Head of legal Yuriy Katser acted for United Nations Office for Project Services on the establishment of a new utility company to control Kiev's district heating system. Sergey Popov and Iaroslav Cheker are also recommended.

Lavrynovych & Partners Law Firm

Lavrynovych & Partners Law Firm acts predominantly for banks, financial institutions, agrarian enterprises and IT companies. Maksym Lavrynovych leads the practice, in which key partner Dmytro Savchuk acted for Eco-Baik on the structuring of a company to attract financing for a waste processing plant.

Moris Group

Moris Group acts for domestic and international companies in the financial services, trading and FMCG sectors and, according to one client 'is capable of providing first-class legal advice'Maryan Martynyuk and associate Oleksandra Serheniuk 'look for efficient and pragmatic solutions'. Football Federation of Ukraine is a key client.

Law Offices of OMP

Law Offices of OMP has 'broad experience in M&A issues and deals with large and complex projects efficiently'. Clients praise the 'highly experienced and reliableYaroslav SverdlichenkoMykola Orlov advised Cygnet Holding on a large purchase of corporate assets.

SDM Partners LLC

The growing practice at SDM Partners LLC 'always prioritises the client, responds rapidly and provides logical and clear advice'. Partners Dmytro Syrota and Serhiy Dzis are 'knowledgeable, professional and efficient'. The duo assisted a major multi-brand retailer with entering the Ukrainian market.


SPENSERS has recently handled a number of high-value cross-border deals. Valentyn Zagariya and practice head Igor Chernyshenko are the key contacts. They acted for Latvian investment company SIA Mondoo on setting up a $500m financial company to provide consumer credit.

Andriy Kravets & Partners

Andriy Kravets and Vladyslav Lyaskovskiy are the key corporate partners at Andriy Kravets & Partners. They acted for an internet company on the sale of a telecoms business, and advised Bohai Commodity Exchange on the purchase of shares in a Ukrainian Bank.

Antika Law Firm

Antika Law Firm has experienced partners in Alexey Kot and Alexander BurtovoySergii Korniienko handled the establishment of American Leasing Company in Ukraine. AWT Bavaria is also a client.


Avidbiz handles M&A deal structuring, shareholder agreements and the cross-border aspects of major projects. The team recently acted for a private investor on the $100m purchase of a majority holding in Prominvestbank from Russia's Vnesheconombank.

Axon Partners

Axon Partners, which merged with Oksana Kobzar Law Office, acts for large technology companies and innovative start-ups. Oksana Kobzar acted for Nowy Styl on commercial matters including advice on export and customs law. BlaBlaCar and Intelliarts are among the firm's clients.

DLF attorneys-at-law

DLF attorneys-at-law joins the ranking for its work for foreign SMEs active in Ukraine. The firm is 'very client oriented and has strong technical knowledge'. Igor Dykunskyy assisted US chemical manufacturing company FMC Corporation with the transfer of assets to a new owner.

ECOVIS Bondar & Bondar Law Bureau

ECOVIS Bondar & Bondar Law Bureau is predominantly focused on the transport sector and counts Ukraine International Airlines and Interavia among its clients. Oleg Bondar leads the practice. Oleksandra Nikitina recently advised a private investor on a joint venture in the real estate development sector.

EUCON Legal Group

EUCON Legal Group  frequently handles cross-border matters involving Polish companies, though it also has a strong domestic client base. Yaroslav Romanchuk advised Mikogen-Centr on the sale of corporate rights to a Belgian company.


Gramatskiy&Partners has a strong track record in corporate structuring and commercial matters. Ernest Gramatskiy and associate Yegor Ignatichev lead the practice, which counts Global Universal Trading and Graal LLC among its clients.

Gryphon Legal

Gryphon Legal joins the ranking due to the experience of partners Helen Lynnyk and Igor Lynnyk who each have 16 years' experience in corporate law. Highlights included advising agribusiness Agrein on complex M&A transactions. Donetsksteel is also among the team's clients.

ILF Law Firm

At ILF Law Firm, key contacts Anton Zinchuk and Olena Khytrova advised IT outsourcing company SciForce on its sale to US IT company Odysseus.

Jurimex Law Firm

Jurimex Law Firm handles M&A, commercial contracts and due diligence as part of its broad corporate practice. Sviatoslav Kibets and head of international trade Anna Antonenko are recommended. The practice handled the sale of a domestic television channel and assisted a UAE-based investor with the acquisition of a local airline.

KM Partners

KM Partners is best known for its tax practice, but it also handles significant corporate and commercial matters for large domestic and international clients. Maxim Oleksiyuk assisted an international trading company with buying shares in two local entities. Andritz Hydro is also a key client.

Legal Alliance Company

Legal Alliance Company handles corporate transactions, commercial matters, governance and regulatory issues, mainly for companies in the life sciences sector. Key partner Oleksii Bezhevets supported an investor with its acquisition of a mining company. Dmytro Aleshko is also recommended.

Ostin Law Firm

Ostin Law Firm handles transactions in the IT and banking sectors and is 'extremely knowledgeable and dedicated to getting results'. Lead partner Yevgeniy Porada and associate Taras Zharun advised banking group GML on corporate governance matters.

Pavlenko Legal Group

Pavlenko Legal Group stands our for its 'client-oriented' approach. Denis Maistrenko, who handled a $17m acquisition for Eridon, and associate Daria Stadnyk are 'experienced, persistent and attentive to the details'. New practice head Anna Hryshchenko, who joined from Evris in September 2018, is also recommended.


PETERKA & PARTNERS LLC handles M&A, governance, corporate reorganisation and other matters and frequently collaborates with its other offices across the CEE region. Newly promoted partner Taras Utiralov leads the practice. He acted for an Asian computer exporter on the local aspects of its liquidation.


VB PARTNERS joins the ranking having handled significant corporate matters last year. Denys Bugay assisted asset manager Prosperity Capital Management with the transfer of shares in a liquidated Ukrainian company, which was made complex because shares had been suspended by the National Securities and Stock Market Commission.