March 14, 2018

AVELLUM advised ING Bank

AVELLUM acted as the Ukrainian legal counsel to ING Bank N.V. in connection with two secured pre-export revolving loan facilities with the total value of USD 25 million  to Agroprosperis Group. The loan proceeds are intended to be use…

March 13, 2018

Asters promoted Oksana Legka to a counsel position

Asters has announced that Oksana Legka has been promoted to a counsel position in the firm’s Dispute Resolution practice. Oksana Legka joined Asters as associate in November 2009, being promoted to senior associate in May 2016. Prior to th…

March 7, 2018


CURRENT ISSUE (March 2018)

In focus – Retail & FMCG

The rapidly changing world of technologies, our addiction to the Internet and changes in consumer lifestyles are all shifting the business of manufacturers, distributors and retailers.
The goal is to achieve growth objectives and improve effectiveness that requires them to be responsive, flexible, innovative and prompt in introducing changes.

Expert Opinion

Activity of the AMCU in Retail & FMCG

Sergey Denіsenko, Igor Kalaіda

Retail and FMCG companies affect most Ukrainian customers, and their pricing policies have the potential to impact the budget of any household in the country. Therefore, there is nothing strange about the fact that the Antimonopoly Committee of Ukraine has always paid great attention to businesses operating in retail and FMCG sectors.

In Re

Most Favored Nation Clauses in Commercial Contracts: the Devil in Disguise?

Tetіana Vovk

Most favored nation clauses (MFNs) have been recently catching increasing attention from competition authorities across the globe. Typically, MFNs are vertical arrangements whereby the supplier undertakes to offer to the purchaser the most favorable terms available to its other purchasers.

Hassle-Free Acquisition of Commercial Real Estate

Elena Kalinina , Anton Zіnchuk

According to the Property Times1 site, in 2017 the Ukrainian economy started showing signs of recovery. This precipitated an increase in consumer demand in the country by more than 7% and led to changes in expansion strategies among retailers. While in 2016 key retail chains were only carrying out one-time projects on opening new outlets, the year 2017 was marked by continued systematic expansion of chains.



AEQUO acted as counsel to EBRD

Asters advised rail operator Ukrzaliznytsia

AVELLUM advised PJSC Commercial Bank Center



USA imposed fine totaling USD 70 million on Deutsche Bank

Netherlands took to EU Court matter on rights of British post-Brexit

Austria initiated investigation into fraudulent scheme involving Bitcoin

Appeal petition by Privatbank dismissed


Development of liquid biofuels market

State supervision in economic activities field

MPs proposed updating procedural codes


Law digest

Credit Registry

Approval of land management outside settlements

Improved procedures for supervision over registration of shareholders and participation in general meeting

Banks to disclose more information




European Parliament simplified online purchases in EU


AMCU recognized lottery industry regulation to be inefficient

Banking & Finance

Banks began banning customers from buying crypto currencies with credit cards

Capital Markets

List of stock exchanges, which participants will be eligible to get permit to work in Ukraine, is updated


General Electric to produce railroad engines in Ukraine


Cabinet of Ministers excluded three countries from offshore list

Trade Policy

Export Credit Agency


Organizations at high risk of cyber attacks

Chamber News

American Chamber of Commerce in Ukraine held 2018 Annual Members Appreciation Reception

The American Chamber of Commerce in Ukraine held its Annual Members Appreciation Reception on 1 February, which gathered 400+ distinguished guests, namely Chamber members, state officials, partners and friends of the Chamber.

Cover Story

Moving Fast

Our country is one of the largest consumer markets in Central and Eastern Europe. It follows global trends where the driving force is ever growing internationalization. This forms a broad agenda of legal issues to address, and certainly cover, perhaps almost all areas of law. This fast moving and highly competitive sector requires an equally fast and smooth legal background on the ground. We discussed what the main challenges of FMCG in Ukraine are, and what is behind the scenes on the path to the customer, with Dmytro Govorun, commercial director of TCM Group Ukraine.


Cosmetics Labeling in Ukraine: Challenges and Possible Solutions


European integration is a key foreign policy priority of Ukraine. This process requires not only systematic socio-economic reforms in Ukraine but also adaptation of local legislation to legislative norms of the European Union. Adaptation of local legislation is rather considerable and topical as it is tightly connected not only with the creation of a legal base for joining the European Union but achieving other important national targets.

Business Lunch

Main Asset

The Ukrainian legal market is not saturated by international law firms. This is a reasonable outcome of its economic development as FDIs that always empower international outfits are far from the desirable level. Meanwhile, those offices operating in Ukraine are constantly at the high-end tier, finding themselves enlisted for cross-border mandates. Big internationals bring their standards of legal work and running business, policies and strategies.


Legal Digest

Over the last few months the public authorities have taken a number of important decisions and nominated many legislative initiatives. In this issue, the UJBL editorial team has enlisted the help of experts to comment on the latest changes and the large number of proposed drafts. Our latest digest includes, to a large extent, initiatives and already adopted laws that touch upon companies with limited and additional liability, auditing activities, energy market, strategy for reforming state supervision, aviation practice and more.


The Ukrainian Journal of Business Law

Subscribe to The Ukrainian Journal of Business Law right now and enjoy the most relevant issues on doing business in Ukraine on your device or in print.

All this for just USD 9.99 a month.


Subscribe now