With the support of the Embassy of Ukraine in the UK, Kinstellar was proud to partner with Stephen Butler and his team at Strategy Council to host the UK-Ukraine Defence Tech Forum, themed “Financing Ukraine’s Victory: Access to Capital and Scaling Defence Technologies” at the prestigious Royal United Services Institute in London on 8 November. Purpose Following on from the success of the previous drone-themed defence forum held in May, the UK-Ukraine Defence Tech Forum reconvened to promote investment by venture capital firms in Ukrainian miltech innovators. Ukrainian tech firms, UK and international VCs, and the governments of the UK and Ukraine exchanged views and experiences on the evolving role
Kinstellar is pleased to assist KNDS, the Franco-German military land systems manufacturer, and a key industrial supporter of Ukraine’s battle against Russian aggression, on establishing a subsidiary in Ukraine to support the cooperation between the Ukrainian government, the Ukrainian armaments industry and KNDS in equipment maintenance, production of spare parts and ammunition, leading to the manufacture of complete weapons systems. Partner and Head of the Defence & Security sector, Anastasiya Bolkhovitinova, led the firm’s project team. We are proud to support KNDS Group, whose efforts are crucial to Ukraine’s ability to sustain the fight against the Russian aggressor.Anastasiya Bolkhovitinova, Partner
Kinstellar, in collaboration with DataDriven, provides regulatory guidance for companies entering Ukraine’s demining industry. Against the backdrop of Russia’s war, Ukraine has become the most heavily mined country in the world, with demining efforts estimated by the World Bank to require approximately USD 38 billion. The participation of Ukraine’s international partners is crucial to accelerate these efforts. " We invite our partners to support Ukraine to meet the critical need for demining operations and we will support these partners via expert navigation through the rapidly evolving legal and regulatory framework," noted Kinstellar Ukraine Partner and Head of the Defence
Kinstellar was pleased to have been invited by hosts US-Ukraine Business Council (USUBC) to sponsor an off-the-record dinner with Oleksandr Kamyshin, Minister of Strategic Industries of Ukraine, and C-suite executives from leading global defence companies, at the sides of the Ukraine Recovery Conference (URC) in Berlin. Kinstellar Partner, Daniel Bilak, moderated a wide-ranging and lively discussion between Minister Kamyshin and the defence industry participants that also involved Deputy Ministers Hanna Hvozdiar and Serhiy Boyev. Oleksandr Kamyshin noted, “We are grateful to our international partners for your vital support of Ukraine and the on-going development of Ukraine’s defence industrial base. My ministry
Kinstellar and Strategy Council, supported by D3 Venture Capital, organised the Ukrainian Drone Defence Forum, "Drones: Delivering Victory" at the prestigious Royal United Services Institute in London on May 21. Purpose. In connection with the recent defence partnership signed between the United Kingdom and Ukraine, the Forum’s endeavoured to enhance the collaboration between Ukrainian and British drone manufacturers and technology firms to scale up drone and electronic warfare production – a top partnership priority. The UK government has allocated £325m to support this effort. In this context, we were pleased to work together with the Government of the United Kingdom to deliver an event that would complement
On 20 June 2023, President of Ukraine Volodymyr Zelenskyy signed Draft Law No. 8250 amending, among others, the Law of Ukraine “On the Privatisation of State and Municipal Property” (Law), signalling that Ukraine has once again set a course for large-scale privatisations. This time, however, the search for investors in large state-owned enterprises (SOEs) comes from the on-going war and mounting budget deficit. The Law unblocks the sale of SOEs with book value of over UAH 250 million (approx. USD 6.76 million). It enables the State Property Fund of Ukraine (SPFU) to impose post-privatisation obligations on investors in large SOEs, including maintaining the SOE's core business and paying off wage and tax arrears. The
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
Since the outbreak of war in Ukraine, the world faces an ever-increasing number of restrictive measures and sanctions introduced in various jurisdictions. While the global sanctions landscape has been long established, it has developed rapidly after February 24, 2022. Ukraine introduced its first sanctions law in 2014 after Russia annexed Crimea (the Law of Ukraine on Sanctions No. 1644-VII, dated August 14, 2014 – Law on Sanctions). Since then, Ukraine implemented further autonomous sanctions and introduced various restrictive measures similar to sanctions in nature. Following the full-scale Russian invasion, the Ukrainian authorities have been closely monitoring and synchronizing Ukrainian sanctions with those