AVELLUM releases Annual Report for 2023: Setting new transparency standards


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 have grown into a robust organisation consisting of 80 professionals dedicated to delivering exceptional legal services.

In the face of ongoing challenges, such as geopolitical instability due to the ongoing Russian war against Ukraine and economic uncertainties, AVELLUM has shown resilience and determination in pursuing our goals. The firm’s commitment to growth and development has remained steadfast, allowing it to expand its team and sustain its internship programme in the face of adversity.

Our report showcases the firm’s dedication to strengthening the team through expanding partnerships and fostering trust within the organisation. It covers various aspects, including business and financial performance, successful deals, highly skilled team, collaborations with business and legal associations, community investments, and young legal leaders’ development support.

At AVELLUM, we are committed to providing outstanding legal services and promoting positive change in Ukraine’s legal environment. Our first annual report is a testament to our determination and dedication to excellence.

Posted on April 25, 2024

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 […]

Posted on May 29, 2024

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 […]

Posted on May 28, 2024
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