AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a EUR37.6 million export loan provided under the framework agreement between the Governments of Ukraine and France.
The funds will be directed towards purchasing and supplying rails from Saarstahl-Rail, a French manufacturer of rails, to Ukrainian Railways.
This loan is an essential contribution from France to rebuild Ukraine’s critical infrastructure.
Glib Bondar, Senior Partner at AVELLUM, commented, “We are honoured to assist the Ministry of Finance of Ukraine with securing financing to rebuild Ukraine’s critical infrastructure. Good-quality railroads can harness Ukraine’s industrial and human potential to bring growth. This deal continues a positive trend of bringing foreign financial assistance in boosting Ukraine’s logistical capabilities.”
Senior Partner Glib Bondar led the AVELLUM team with significant support from senior associate Mariana Veremchuk, and associates Yaroslav Pavliuk, Andrii Kroshko and Yuliia Bulenok.
