Ukraine offers special regimes for major real estate and other investments

Ukraine offers several special legal regimes to facilitate investmentsactivity and future recovery as follows: Significant investment projects construction (including upgrades and re-equipment, etc.) and/or supplyprojects in certain business areas and subject to specific (preferred)terms and conditions, commonly known from "law on investment nannies"(Law of Ukraine "On State Support of Investment Projects with SignificantInvestments in Ukraine" … Continue reading Ukraine offers special regimes for major real estate and other investments

RUSSIA: INVESTMENT PROTECTION AND ARBITRATION | PART 1

PART 1: US WARNS OF SERIOUS RISKS OF CONTINUING BUSINESS IN RUSSIA: KEY OPTIONS FOR FOREIGN INVESTORS In its recent business advisory, dated 23 February 2024, the United States (“US”) Government warns businesses and individuals of serious legal, financial, and reputational risks entailed in maintaining operations in Russia (the “Advisory”).1 It highlights that by staying in Russia, … Continue reading RUSSIA: INVESTMENT PROTECTION AND ARBITRATION | PART 1

EBRD NOTES: PRIVATE SECTOR SERVES AS BASIS FOR RESTORATION OF UKRAINE

Appropriate support from one of the most powerful donors and grant-makers in Ukraine can be quickly deployed in two areas in this field. The European Bank for Reconstruction and Development (EBRD) provides active assistance to Ukraine, focusing on resourcefulness and assistance to the private sector. The corresponding projects aroused the interest of EBRD partners in … Continue reading EBRD NOTES: PRIVATE SECTOR SERVES AS BASIS FOR RESTORATION OF UKRAINE

Ukraine: how to ‘build back better’?

Ukraine’s recovery will require enormous human and financial resources. As of March 2023, Ukraine’s reconstruction is estimated to cost $411bn, which is 2.6 times Ukraine’s expected 2022 gross domestic product. Over the past 60 years, no single conflict or disaster has involved recovery estimated at more than the Marshall Plan – the equivalent of $140bn by … Continue reading Ukraine: how to ‘build back better’?

Ukraine: Improving regulation of foreign branches and representative offices

On 3 September 2023, the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Regulation of Activities of Separate Subdivisions of a Legal Entity Established in Accordance with the Laws of a Foreign State" No. 3257-IX dated 14 July 2023 ("Law") came into effect. Key highlights The Law is developed to streamline various … Continue reading Ukraine: Improving regulation of foreign branches and representative offices

Ukraine Recovery and Reconstruction Projects: Key Legal Tips for Foreign Construction Companies

Understanding procedures, stakeholders and milestones of Ukraines future recovery is essential for all parties planning to be involved in that process, including on the construction side. In this effort, the key messages currently available are as follows. Corporate Presence in Ukraine Foreign construction companies can carry construction activities in Ukraine by establishing one of the … Continue reading Ukraine Recovery and Reconstruction Projects: Key Legal Tips for Foreign Construction Companies

Where will Ukraine get funds for post-war reconstruction and what will it be spent on? 

One should understand right now, how to start rebuilding a war-torn country and where to get money: better late than never.  For over one year, Ukraine has faced a large-scale destruction due to russian military aggression. Since outbreak of the war, the country’s economy has shrunk by almost a third. Today own funds are enough … Continue reading Where will Ukraine get funds for post-war reconstruction and what will it be spent on? 

Mr. Usenko, the President’s adviser, states that losses caused by russia’s war against Ukraine make up a trillion USD dollars 

Oleg Ustenko, economist and adviser to the President of Ukraine, told the Ukrainian Radio how the Fund for Liquidation of Consequences of russian Aggression is replenished, what is the amount of losses caused by war, when costs will be transferred to Ukraine from seized assets of the russian federation, and how the so-called Marshall Plan … Continue reading Mr. Usenko, the President’s adviser, states that losses caused by russia’s war against Ukraine make up a trillion USD dollars