On 14 August 2021, the majority of provisions of Law of Ukraine “On Stimulating the Development of the Digital Economy in Ukraine” No. 1667-IX, (“Law”) came into force.
Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine (Regarding the Unified Legal Fate of Land Plots and Real Estate Located on It)” No. 1174-IX, dated 2 February 2021 (“Law”), comes into force.
Implementation of large-scale infrastructure projects is one of the key priorities of the Government
Implementation of large-scale infrastructure projects is one of the key priorities of the Government for the upcoming years. The prospects of the infrastructure development look promising, and the sheer number of investment opportunities Ukraine can offer rises steadily.
The PSA law, despite its comparatively rare usage, complies with the best industry practices and provides the parties with enough instruments to ensure, that the signed PSA will suit their needs. At the same time, the PSA industry receives less attention from the State and, therefore, is less successful in Ukraine, especially comparing to the …
Based on the data from the Organization for Economic Co-operation and Development (OECD), the world economy should say “gracias” to multinational enterprises (MNEs) for approximately 50% of the global exports, 33% of the world’s GDP, and 25% of the global employment. Huge amounts of capital moving back and forth between MNEs have eventually appeared on …
Mykola Stetsenko, managing partner, AVELLUM Foreign investors often have misperceptions about doing business in Ukraine. Below, I debunk the 5 most common myths, as well as 3 more that reflect the mot recent improvements in the business climate.
AVELLUM acted as the legal counsel to Investment Capital Ukraine (“ICU”) on the sale of the remaining stake in alternative energy projects with total capacity over 200 MW to VR Capital Group (“VR”). The transaction covered the following solar power plants jointly developed by ICU and VR:
AVELLUM acted as the legal counsel to sellers on the sale of Smart Plaza Obolon, a newly constructed shopping and entertainment center in Kyiv. URE Holding Limited, a company from Dragon Capital Group, acquired the properties.
AVELLUM acted as the Ukrainian legal counsel to the joint lead managers, Citigroup Global Markets Limited and Deutsche Bank AG, London Branch, with respect to EUR600 million and USD335 million Eurobond offering of Naftogaz of Ukraine.
AVELLUM acted as the Ukrainian legal counsel to Cornerstone Partners, a co-owner of IT Kontrakt, a Polish IT Company, on the acquisition of CoreValue, a US-headquartered IT service provider with Ukrainian roots.