Avellum has celebrated the new year by announcing the return of co-founding Partner Kostiantyn Likarchuk and the promotion to Partner of Maksym Maksymenko.
Redcliffe Partners has advised US investors Aspect Energy and SigmaBleyzer — acting jointly through a special-purpose vehicle, Ukrainian Energy, L.L.C. — on an oil & gas production sharing agreement with the Republic of Ukraine. DLA Piper reportedly advised the Republic of Ukraine on the transaction.
Acting on behalf of PrJSC Dickergoff Cement Ukraine, PrJSC HeidelbergCement Ukraine, PJSC Podilskyi Cement, and PrJSC Ivano-Frankivsk Cement, Ilyashev & Partners has persuaded the Ukraine's District Administrative Court of Kyiv to dismiss the demand of the Belarusian Cement Company Holding and the Ukrainian importers of its products that the anti-dumping duties imposed on imports of cement to Ukraine be lifted.
On November 2, 2020, CEE Legal Matters reported that Hillmont Partners had successfully defended the interests of Delta Wilmar Ukraine in a dispute with the State Environmental Inspectorate of Ukraine. CEEIHM spoke with Anna Lazurenko, Chief Legal Officer at Delta Wilmar, to learn more about the dispute.
A new Law “On State Support of Investment Projects with Significant Investments” was adopted. The Law provides for a state agency to be entrusted with the intensive supervision of particularly large investment projects in Ukraine. Earlier in 2020 President Zelenskiy somewhat mockingly referred to this agency as “investment nanny”. However, this is only a small part of the investment promotion.
For some years now, tensions in international trade relations have become more apparent. The pandemic has also created new challenges for companies in their international supply chains. More and more companies are working to make their supply chains more robust. One way of doing this is to bring production closer to their own market, also geographically. The “Made in Europe” label is also already a positive feature among consumers, even though consumers are now looking to regional or even local production, especially for food. And even if consumers are increasingly willing to pay a premium for regional or local production, there are “pain thresholds” here too. Not every product is suitable for regional production. Especially in the area of labour-intensive production and low automation, Ukraine is in the spotlight as a production location.
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 recent concession reform, which drew an unprecedented amount of foreign investments into Ukrainian seaport infrastructure.
Over the course of our seven years, CEE Legal Matters has interviewed most of the British lawyers working on the ground in Central and Eastern Europe as part of our recurring “Expat on the Market” feature. We reached out to them recently and asked them to bring us up to speed on what they’re doing and/or share their thoughts on the ramifications of Brexit or the ongoing COVID-19 crisis.