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Newsroom
Our insights and press releases
Ukrainian Government approves regulation of state support for investment projects with significant investments
On 26 April 2024, the Cabinet of Ministers of Ukraine (“Government”) approved the Procedure for Using Funds from the State Budget to Provide State Support for the Implementation of Investment Projects Involving Significant Investments (“Budget Procedure”). BackgroundThe incentives for investment projects with significant investments (“Investment Project”) were initially introduced by the Law of Ukraine “On […]
Labour law changes: impact of EU Directive on M&A procedures
On 15 May 2024, amendments to the Labour Code of Ukraine came into effect aiming to regulate the rights and obligations of parties in labour relations during a change of control over business. The Ukrainian parliament adopted such amendments to align Ukrainian legislation with EU Directive 2001/23/EC, dated 12 March 2001. Definition of the “transfer […]
New NBU’s steps for currency control liberalisation
On 4 May 2024, new amendments to Regulation of the Board of the National Bank of Ukraine “On the Operation of the Banking System during the Period of Martial Law” No. 18, dated 24 February 2022, came into effect. Such amendments aim to further ease relevant currency control restrictions, including (i) lifting all currency restrictions […]
AVELLUM wins 2023 Ukrainian Deal of the Year
We are proud to announce that AVELLUM was awarded the Ukrainian Deal of the Year at the prestigious CEE Legal Matters Deals of the Year Awards Banquet, which was held in Warsaw on 25 April 2024. AVELUM was recognised for its work on DFC, IFC, and EBRD’s USD480 million financing for MHP. Senior partner Glib […]
AVELLUM releases Annual Report for 2023: Setting new transparency standards
We are proud to announce the release of the annual report for 1 January – 31 December 2023, which marks a significant milestone in transparency and accountability within the legal industry. Founded 15 years ago with a vision of excellence, AVELLUM has become a prominent force in Ukraine’s legal landscape. Despite our modest beginnings, we […]
AVELLUM advises Ministry of Finance of Ukraine on sovereign loan from Canada
AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a CAD2 billion 10-year concessional loan from Canada. The funds were provided through the mechanism of the Administrated Account of the International Monetary Fund (IMF) and will be directed towards Ukraine’s priority social and economic needs. The loan […]
AVELLUM is top-ranked by Legal 500 – 2024
AVELLUM earned 12 practice rankings, and all 10 of our partners received individual recognitions in the 2024 edition of The Legal 500. The Legal 500 lists AVELLUM as a top-tier firm in 12 practices. Tier 1: Banking, finance and capital markets, Commercial, Corporate/M&A, Competition, Dispute resolution, Employment, Private Client, Real estate and construction, and Tax. […]
Ukrainian Government approves regulation of state support for investment projects with significant investments
On 26 April 2024, the Cabinet of Ministers of Ukraine (“Government”) approved the Procedure for Using Funds from the State Budget to Provide State Support for the Implementation of Investment Projects Involving Significant Investments (“Budget Procedure”). BackgroundThe incentives for investment projects with significant investments (“Investment Project”) were initially introduced by the Law of Ukraine “On […]
Labour law changes: impact of EU Directive on M&A procedures
On 15 May 2024, amendments to the Labour Code of Ukraine came into effect aiming to regulate the rights and obligations of parties in labour relations during a change of control over business. The Ukrainian parliament adopted such amendments to align Ukrainian legislation with EU Directive 2001/23/EC, dated 12 March 2001. Definition of the “transfer […]
New NBU’s steps for currency control liberalisation
On 4 May 2024, new amendments to Regulation of the Board of the National Bank of Ukraine “On the Operation of the Banking System during the Period of Martial Law” No. 18, dated 24 February 2022, came into effect. Such amendments aim to further ease relevant currency control restrictions, including (i) lifting all currency restrictions […]
AVELLUM wins 2023 Ukrainian Deal of the Year
We are proud to announce that AVELLUM was awarded the Ukrainian Deal of the Year at the prestigious CEE Legal Matters Deals of the Year Awards Banquet, which was held in Warsaw on 25 April 2024. AVELUM was recognised for its work on DFC, IFC, and EBRD’s USD480 million financing for MHP. Senior partner Glib […]
AVELLUM releases Annual Report for 2023: Setting new transparency standards
We are proud to announce the release of the annual report for 1 January – 31 December 2023, which marks a significant milestone in transparency and accountability within the legal industry. Founded 15 years ago with a vision of excellence, AVELLUM has become a prominent force in Ukraine’s legal landscape. Despite our modest beginnings, we […]
AVELLUM advises Ministry of Finance of Ukraine on sovereign loan from Canada
AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a CAD2 billion 10-year concessional loan from Canada. The funds were provided through the mechanism of the Administrated Account of the International Monetary Fund (IMF) and will be directed towards Ukraine’s priority social and economic needs. The loan […]
Ukrainian Government approves regulation of state support for investment projects with significant investments
On 26 April 2024, the Cabinet of Ministers of Ukraine (“Government”) approved the Procedure for Using Funds from the State Budget to Provide State Support for the Implementation of Investment Projects Involving Significant Investments (“Budget Procedure”). BackgroundThe incentives for investment projects with significant investments (“Investment Project”) were initially introduced by the Law of Ukraine “On […]
Labour law changes: impact of EU Directive on M&A procedures
On 15 May 2024, amendments to the Labour Code of Ukraine came into effect aiming to regulate the rights and obligations of parties in labour relations during a change of control over business. The Ukrainian parliament adopted such amendments to align Ukrainian legislation with EU Directive 2001/23/EC, dated 12 March 2001. Definition of the “transfer […]
New NBU’s steps for currency control liberalisation
On 4 May 2024, new amendments to Regulation of the Board of the National Bank of Ukraine “On the Operation of the Banking System during the Period of Martial Law” No. 18, dated 24 February 2022, came into effect. Such amendments aim to further ease relevant currency control restrictions, including (i) lifting all currency restrictions […]
Law on corporate governance of state-owned enterprises introduced
On 8 March 2024, Law of Ukraine No. 3587-IX (“Law”) came into force, intending to bring Ukrainian laws on the governance of state-owned enterprises (state unitary enterprises and business entities where the state holds more than 50% of shares) (“SOEs”) in line with the OECD Guidelines on Corporate Governance of State-Owned Enterprises. This Law will […]
Ukrainian Government takes further steps to implement renewable energy guarantees of origin in Ukraine
On 27 February 2024, the Cabinet of Ministers of Ukraine adopted Resolution No. 227 “On Introduction of Guarantees of Origin of Electricity Produced from Renewable Energy Sources” (“Resolution”) that came into force on 5 March 2024. The Resolution sets rules for the operation of the renewable energy guarantees of origin (“GoO”) mechanism. Background The foundation […]
Ukraine closes War & Sanctions Portal
On 19 March 2024, the Ukrainian Government decided to close a sanctions-related database maintained by the National Agency on Corruption Prevention (“NACP”). Back in early 2022, the NACP had initiated the “War & Sanction Portal”. This online portal featured sections like “International Sponsors of War”, “Candidates for Sanctions” and other lists covering a range of […]
Ukrainian Government approves regulation of state support for investment projects with significant investments
On 26 April 2024, the Cabinet of Ministers of Ukraine (“Government”) approved the Procedure for Using Funds from the State Budget to Provide State Support for the Implementation of Investment Projects Involving Significant Investments (“Budget Procedure”). BackgroundThe incentives for investment projects with significant investments (“Investment Project”) were initially introduced by the Law of Ukraine “On […]
Labour law changes: impact of EU Directive on M&A procedures
On 15 May 2024, amendments to the Labour Code of Ukraine came into effect aiming to regulate the rights and obligations of parties in labour relations during a change of control over business. The Ukrainian parliament adopted such amendments to align Ukrainian legislation with EU Directive 2001/23/EC, dated 12 March 2001. Definition of the “transfer […]
New NBU’s steps for currency control liberalisation
On 4 May 2024, new amendments to Regulation of the Board of the National Bank of Ukraine “On the Operation of the Banking System during the Period of Martial Law” No. 18, dated 24 February 2022, came into effect. Such amendments aim to further ease relevant currency control restrictions, including (i) lifting all currency restrictions […]
AVELLUM wins 2023 Ukrainian Deal of the Year
We are proud to announce that AVELLUM was awarded the Ukrainian Deal of the Year at the prestigious CEE Legal Matters Deals of the Year Awards Banquet, which was held in Warsaw on 25 April 2024. AVELUM was recognised for its work on DFC, IFC, and EBRD’s USD480 million financing for MHP. Senior partner Glib […]
AVELLUM releases Annual Report for 2023: Setting new transparency standards
We are proud to announce the release of the annual report for 1 January – 31 December 2023, which marks a significant milestone in transparency and accountability within the legal industry. Founded 15 years ago with a vision of excellence, AVELLUM has become a prominent force in Ukraine’s legal landscape. Despite our modest beginnings, we […]
AVELLUM advises Ministry of Finance of Ukraine on sovereign loan from Canada
AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a CAD2 billion 10-year concessional loan from Canada. The funds were provided through the mechanism of the Administrated Account of the International Monetary Fund (IMF) and will be directed towards Ukraine’s priority social and economic needs. The loan […]
AVELLUM releases Annual Report for 2023: Setting new transparency standards
We are proud to announce the release of the annual report for 1 January – 31 December 2023, which marks a significant milestone in transparency and accountability within the legal industry. Founded 15 years ago with a vision of excellence, AVELLUM has become a prominent force in Ukraine’s legal landscape. Despite our modest beginnings, we […]
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IFLR1000
AVELLUM is a professional firm with excellent attention to detail and good lawyers. They always perform well and are very driven in providing top service.
IFLR1000
Uniformly excellent. The best firm in Ukraine these days. Very strong across all practice areas, professional ethos and service culture.
Chambers Europe 2019
“An excellent combination of international experience and deep knowledge of Ukrainian realities”
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