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Everlegal and CMS Advise on EIB Financing for UNIT.City

Everlegal and CMS Advise on EIB Financing for UNIT.City

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Everlegal has advised the first innovation park in Ukraine, UNIT.City, on its receipt of EUR 50 million in financing from the European Investment Bank. CMS advised EIB on the deal.

According to Everlegal, “this agreement will help to create one of the largest innovation centers, which will combine specialized infrastructure with an innovative ecosystem for IT and technology companies in Central and Eastern Europe.”

"The Ukrainian Innovation Campus Project will be supported by InnovFin Science, a joint initiative from the EU Commission and the EIB that promotes research and innovation investments by public and private bodies," CMS reports. "It will contribute to creating one of the biggest hubs merging dedicated infrastructure with an innovation ecosystem for IT and technology companies in Central and Eastern Europe."

Everlegal’s team included Partner Andriy Olenyuk and Lawyers Olha Horodniuk, Vasylyna Belo, and Lidiia Vatutina.

CMS's team included Partner Ihor Olekhov, Counsel Kateryna Chechulina, and Associate Khrystyna Korpan.