May 2023 – Kinstellar is proud to have advised Rheinmetall on the signing of a cooperation agreement with Ukraine’s state-owned defence industry concern, Ukroboronprom.
The two major defence manufacturers intend to create joint capabilities domiciled in Ukraine through setting up a joint venture, which is expected to be operational from mid-July 2023. Starting with the maintenance of military vehicles, the parties plan to move to the transfer of technology, joint production of selected Rheinmetall products in Ukraine, to potentially joint development of military systems, including for subsequent export from Ukraine.
The entrance of Rheinmetall marks a new exciting chapter in the development of Ukraine’s defence industries sector. Previously monopolized by the state, the sector is now being opened in a significant manner to the participation of major private sector market players.
Kinstellar’s team was led by Parters Daniel Bilak and Anastasiya Bolkhovitinova, and included Partners Olena Kuchynska and Natalia Kirichenko, Ihor Kitela, Of Counsel, and Larysa Gorbunova, Associate.