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.
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.
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.
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
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
Banks began banning customers from buying crypto currencies with credit cards
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
Export Credit Agency
Organizations at high risk of cyber attacks
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.
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.
Iryna KRAVTSOVA, Sergiy PIDTILOK
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.
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.
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.
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.