Industries

Industrials and Minerals

Over the years, we have gained substantial experience working with large industrial companies across various sectors. 

This experience laid the foundation for our industrial work, which today focuses on seven key areas: 

  • Agro-industrial production
  • Aerospace and advanced technologies
  • Chemicals
  • Construction
  • Manufacturing
  • Metals and mining
  • Minerals and natural resources

These areas represent our primary sectoral focus, though our practice extends across the full spectrum of industrial operations.

At AVELLUM, we understand how large-scale production facilities operate from the ground up. We know the pressures, operational realities, and commercial drivers that shape decisions in this sector. Accordingly, our advice covers the full spectrum of legal issues arising from complex regulatory, operational, and cross-border environments. 

Our team works on cross-border industrial investments, serving both Ukrainian and international clients. 

For Ukrainian companies, we regularly advise on expansions abroad, asset acquisitions in foreign markets, and establishing operations outside Ukraine.

For international clients, we guide investments into Ukraine, helping foreign investors navigate the Ukrainian industrial landscape and establish a long-term presence in the market. This encompasses legal advice on initial market entry, deal structuring, obtaining regulatory approvals, and establishing sustainable operations on the ground.  

Given the level of statutory oversight and cross-border exposure inherent to the industrial sector, our work frequently involves navigating overlapping regimes, responding to enforcement actions, and managing complex disputes. We represent large industrial clients in both arbitrations and litigations with their counterparties and Ukrainian state authorities, with emphasis on complex dispute that transcend national borders.

Our cross-practice approach allows us to examine each matter from multiple legal and commercial perspectives and deliver practical solutions that protect assets, manage regulatory risk, and support business continuity.

We will assist you with:

  • Acquisitions: Asset and share acquisitions, mergers, due diligence, corporate structuring and governance.
  • Antitrust: Antitrust and competition law matters, including antitrust compliance and anti-dumping investigations.
  • Assets and business defence: Representation in corporate disputes, white-collar and other criminal investigations, and internal investigations.
  • Compliance: Sanctions, anticorruption and regulatory compliance, environmental standards, and ESG frameworks.
  • Dispute resolution: Domestic and international litigation, international arbitration, regulatory disputes with state authorities, and tax disputes.
  • Employment: Labor relations, employment disputes, and workforce compliance.
  • Finance: Asset and project financing, loan financing, structured facilities, and trade and commodities financing.
  • International trade: Legal support for export operations and trade compliance, trade-related disputes.
  • Real estate, land, and infrastructure: Property transactions, land issues, infrastructure development, and public-private partnerships.
  • Tax matters: Tax structuring, compliance, and tax dispute resolution, including cross-border tax issues.

Given the international and heavily regulated nature of the industrial sector, many of our matters involve multiple jurisdictions, and coordination with foreign counterparties, regulators, and advisers. We regularly work alongside international law firms to ensure seamless support in complex, multi-jurisdictional regulatory and dispute-driven projects.

Trusted by: 

Our clients include leading agribusinesses, mining operations, and production companies in Ukraine and abroad. We have represented Ferrexpo, Donetsksteel, Metinvest, and Georgian Manganese in mining and metals, Volt Resources Limited, JKX Oil&Gas, Alpha Oil & Gas, Ukrnafta, and Ukrnaftoburinnya in minerals & natural resources, Lafarge, Holcim, and Asamer in industrial production, Bosch, Stihl, and Velta in manufacturing, and many other established players in the sector.

Key experience

Developed and implemented dispute resolution strategy in multi-party dispute over shares in Poltava Mining Refinery

400

Min USD

Legal Advisor to Ferrexpo AG, subsidiary of LSE-listed Ferrexpo Plc

Advice in respect of dismissal of CFO

Legal Advisor to Andreas Stihl

Eurobond issue of 8.375% guaranteed notes due 2026, admitted to listing on the Luxembourg Stock Exchange

300

Min USD

Legal advisor to Interpipe Holdings Plc

Dual-currency Eurobond issue and tender offer

834

Min USD

Legal Advisor to Metinvest

Related materials

News

AVELLUM ADVISES ON SUCCESSFUL PRIVATISATION OF BILSHOVYK PLANT

AVELLUM acted as the legal counsel for the privatization of the Joint Stock Company “First Kyiv Machine-Building Plant” (“Bilshovyk Plant”).

Posted on January 13, 2022
AVELLUM ADVISES ON SUCCESSFUL PRIVATISATION OF BILSHOVYK PLANT 13 JANUARY 2022

News

AVELLUM ADVISED VOLT RESOURCES LIMITED ON ACQUISITION OF 70% STAKE IN ZAVALLIVSKYI GRAPHITE GROUP

AVELLUM provided full legal support to Volt in negotiations and drafting of the transaction documents and coordinated completion of the entire transaction. We also performed legal due diligence of the ZG Group.

Posted on July 29, 2021
AVELLUM acted as the legal counsel to Volt Resources Limited (“Volt”) on the acquisition of 70% stake in the Zavallivskyi Graphite Group (“ZG Group”). Volt is a graphite and gold exploration and development company listed on the Australian Stock Exchange. AVELLUM provided full legal support to Volt in negotiations and drafting of the transaction documents and coordinated completion of the entire transaction. We also performed legal due diligence of the ZG Group. Trevor Matthews, managing director at Volt, commented: “Following this transaction, Volt has the potential to become a key market participant in the supply of graphite and battery anode materials into the growing European market with excellent access to other markets in the US and the Middle East”. Mykola Stetsenko, the managing partner at AVELLUM commented: “This acquisition by Volt signifies an increasing interest of foreign investors in Ukraine. It also underscores the strategic importance of Ukraine in the battery production chain of the growing electric vehicle industry”. Volt is focused on the exploration and development of its wholly owned graphite and gold projects in Tanzania and Guinea and now Zavallya (Ukraine), and the identification of further assets globally. The ZG Group operates a long-life graphite mine and processing plant with a nameplate capacity of up to 30,000 tonnes per annum, producing graphite products across the range and has the potential to significantly increase its high-value large flake production. AVELLUM team was led by managing partner Mykola Stetsenko with support from partner Maksym Maksymenko and associates Daryna Mykhailenko and Andriy Kornuta.

News

AVELLUM ADVISES INTERPIPE ON USD300 MILLION EUROBOND ISSUE

AVELLUM team was led by senior partner Glib Bondar with significant support from senior associate Anastasiya Voronova and associates Oleg Krainskyi, Anna Mykhalova, and Mariana Veremchuk.

Posted on June 23, 2021
AVELLUM acted as the Ukrainian legal counsel to Interpipe Holdings Plc (“Interpipe”) on USD300 million issue of 8.375% guaranteed notes due 2026. The notes were admitted to listing on the Luxembourg Stock Exchange. Goldman Sachs International and J.P. Morgan acted as joint lead managers and bookrunners of the Eurobond issue. Interpipe is a global producer of steel pipes and railway wheels products, based in Ukraine. The company’s products are shipped to over 80 countries worldwide via a network of sales offices located in the key markets of Ukraine, Europe, North America, and the Middle East. AVELLUM team was led by senior partner Glib Bondar with significant support from senior associate Anastasiya Voronova and associates Oleg Krainskyi, Anna Mykhalova, and Mariana Veremchuk.

News

AVELLUM ADVISES ON SALE OF CONTAINERBOARD PLANT

AVELLUM acted as legal counsel to investment company Concorde Capital and its partners on the sale of a 72% stake in a containerboard producing company.

Posted on May 25, 2021
AVELLUM acted as the legal counsel to A-Development – one of the leading Ukrainian developers – on the construction of a real estate complex in the centre of Kyiv in the form of a joint investment with a business partner. The complex near Arsenalna subway station will consist of a huge retail space, business centre, apartments, and multi-level underground parking with a total area of over 55,000 sq. m. AVELLUM team advised on the deal structuring, drafted all transaction documents, and participated in negotiations between the investors. Our team prepared and negotiated a full range of transaction documents, including the shareholders’ agreement, investment agreements, deed of guarantee, share purchase agreement, sale and purchase agreements of real estate (including land plots), and easement agreements. Yuriy Nechayev, partner of Corporate/M&A, commented: “We are grateful to our longstanding client for the trust and productive cooperation. We are glad to be a part of this ambitious and large-scale project, and sincerely believe in its success.” Maksym Maksymenko, partner and the head of Real Estate and Infrastructure, noted: “The transaction documents in this deal were exceptionally complicated. Thus, with significant support from our client, our team had to do its best to prepare a proper legal basis for the project’s implementation. I believe that this is a landmark construction project in Kyiv for the next few years.” A-Development is one of the leading Ukrainian developers known for such remarkable projects in Kyiv as Smart Plaza Obolon, A-Station, and Smart Plaza Polytech. AVELLUM team was led by partners Yuriy Nechayev and Maksym Maksymenko with significant support from associates Daryna Mykhailenko, Dmytro Radzivon, Inna Erbelidze, and Rostyslav Mushka.

News

AVELLUM ADVISES METINVEST ON USD333 MILLION EUROBOND ISSUE AND CASH TENDER OFFERS 

AVELLUM advised on the first and very successful post-COVID international capital market transactions of Metinvest B.V.

Posted on November 4, 2020
AVELLUM acted as the Ukrainian legal counsel to Metinvest B.V. on: issuance of USD333 million, 7-year 7.65% notes due in 2027; and cash tender offers on its USD118 million 7.50% senior notes due 2021 (the “2021 bonds”), of which USD115,309,027.07 were then outstanding, and USD944.5 million 7.75% senior notes due 2023, of which USD504,515,000.00 were then outstanding, with a concurrent consent solicitation in respect of the 2021 bonds to include the issuer’s call option. Deutsche Bank and Natixis served as joint global coordinators and, together with IMI Intesa Sanpaolo and Raiffeisen Bank International, acted as joint bookrunners of the new Eurobond offering and joint dealer managers for the tender offers and consent solicitation. AVELLUM’S senior partner Glib Bondar commented: “It was a great honour for us to support our long-standing client Metinvest on their first and very successful post-COVID international capital market transactions. Metinvest and joint bookrunners did a fantastic job mobilizing the right resources to squeeze into a short window of opportunity.” Metinvest Group is a vertically integrated group of steel and mining companies that manages every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It comprises steel and mining production facilities located in Ukraine, Europe, and the US, as well as a sales network covering all key global markets. The AVELLUM team was led by senior partner Glib Bondar with significant support from senior associate Anastasiya Voronova and associates Oleg Krainskyi, Mariana Veremchuk, and Mykola Falko. Partner Vadim Medvedev, senior associate Anton Zaderyholova, and associate Oles Bidnoshyia provided tax support.

News

AVELLUM AND AGA PARTNERS SUCCESSFULLY REPRESENTED MAJOR MINING MACHINERY PRODUCER IN FOUR DISPUTES BEFORE ICAC

After a year of proceedings, the arbitral tribunals in each of the cases took into account the presented evidence and satisfied our Client’s claim covering a total of more than EUR4 million, including interest, arbitration fees, and legal costs.

Posted on October 7, 2020
AVELLUM jointly with AGA Partners successfully represented a major CEE-based mining machinery producer in four disputes with a Hong Kong company before the ICAC at the Ukrainian Chamber of Commerce and Industry. The disputes arose under four separate contracts for the supply of mining machinery and equipment to Ukraine amounting to a total of almost EUR6 million. Our client has duly fulfilled its contractual obligations under the contracts, but the respondent did not pay the full price for the delivered goods. The total amount of debt owed to our Client was over EUR4 million. Mykola Stetsenko, managing partner of AVELLUM, commented: “This case was challenging. First of all, our team managed four separate arbitral proceedings, including two sets of simultaneous hearings. Secondly, the respondent alleged that our client’s claims are time-barred and should be dismissed. The seamless interaction within our joint team and the right set of skills and expertise added to resolving this matter successfully.” Ivan Kasynyuk, partner of AGA Partners, noted: “Following the respondent’s allegations, we have provided the arbitral tribunals with various evidence demonstrating that the respondent, in fact, had acknowledged the debt under the contracts several times. Our lawyers convinced the tribunal in admissibility and relevance of the evidence and proved that this evidence indicated the interruption of the limitation period under Ukrainian law and, accordingly, the claims of our client can be considered in arbitration.” After more than one year of proceedings, the arbitral tribunals in each of the cases took into account the presented evidence and satisfied our Client’s claim covering a total of more than EUR4 million, including interest (3% per annum), arbitration fees, and legal costs. Our team in this arbitration was led by partner Ivan Kasynyuk (AGA) with significant support from senior associates Iurii Gulevatyi (AGA) and Oleksii Maslov (AVELLUM), and associate Dmytro Izotov (AGA).

Key contacts

MYKOLA STETSENKO

Managing Partner

mstetsenko@avellum.com

GLIB BONDAR

Senior Partner

gbondar@avellum.com

KOSTIANTYN LIKARCHUK

Senior Partner

klikarchuk@avellum.com

VADIM MEDVEDEV

Partner

vmedvedev@avellum.com

OLEKSII MASLOV

Partner

omaslov@avellum.com

ANDRIY ROMANCHUK

Partner

aromanchuk@avellum.com

Industries

Industrials and Minerals

At AVELLUM, we understand how large-scale production facilities operate from the ground up. We know the pressures, operational realities, and commercial drivers that shape decisions in this sector.

Private equity 

At AVELLUM we deliver comprehensive legal support and strategic guidance to private equity firms and portfolio companies throughout the investment life cycle. Our extensive experience encompasses various industries, such as agriculture, banking, consumer goods, manufacturing, real estate, and technology.   Our tailored legal advice includes all stages of the investment process, from legal due diligence, structuring […]

Subscribe to our Newsletter
Back
Search results:
Verified by MonsterInsights