Kinstellar has acted as Ukrainian legal counsel to Orbico Group on the acquisition of a controlling stake in SAV 92, a leading Ukrainian distributor of branded international and Ukrainian food and non-food products. This multi-stage transaction marks a significant step in Orbico's strategic expansion into the Ukrainian market. Orbico Group is a leading distributor of a large number of globally known brands ranging from beauty care to motor oil products. Orbico cooperates with more than 180 suppliers, manages more than 500 global and local brands, and supplies to more than 59,000 customers. Kinstellar’s advice included due diligence, securing unconditional merger control clearances for a gradual transfer of control
During September and early October, the Ukrainian government adopted secondary legislation to further the implementation of the so-called Cannabis Law. Click on one of the images below or use the following links to read our overview in English or in Ukrainian. Download in English: Download in Ukrainian:
Our TMT Legal Update provides insights from our law experts and aims to keep you regularly up to date with sector news, trends and legislation in the Central and Eastern Europe and Central Asia regions. This issue covers key updates from our jurisdictions from the past few months. REGIONAL Implementation status of certain EU regulations Technology 01. New development regarding NIS 2 Directive implementation in various Kinstellar jurisdictions The EU's NIS2 Directive is a cybersecurity act aimed at improving overall cybersecurity in the EU. Member States must implement it by 17 October 2024. Below we provide
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 is proud to have acted as Ukrainian legal counsel to NJJ Capital, the investment company of France’s leading technology entrepreneur Xavier Niel, on the acquisition and merger of Datagroup-Volia, one of Ukraine’s largest fixed telecom and pay-TV providers, and Lifecell, Ukraine’s third-largest mobile operator. This landmark transaction is a significant consolidation of and investment in the Ukrainian telecoms market, that will bring many benefits to telecoms consumers, especially during wartime circumstances. Kinstellar’s legal team provided comprehensive Ukrainian law advice to NJJ Capital throughout the transaction. Lead lawyer and office managing partner Olena Kuchynska, noted:
Kinstellar is proud to have acted as Ukrainian legal counsel to French tech entrepreneur Xavier Niel’s investment company, NJJ Capital, in the acquisition and merger of Datagroup-Volia, one of Ukraine’s largest fixed telecom and pay-TV providers, and Lifecell, Ukraine’s third-largest mobile operator. This landmark transaction is a significant consolidation of and investment in the Ukrainian telecoms market, that will bring many benefits to telecoms consumers, especially during wartime circumstances. Kinstellar’s legal team provided comprehensive Ukrainian law advice to NJJ Capital throughout the transaction. We hope that this investment serves as a signal to other foreign investors to not wait to the
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 acted as Ukrainian legal counsel to Accountor, a leading provider of mission-critical business software, on the sale of its subsidiary company in Ukraine to Aspia. Aspia is a leading business partner offering technology-enabled accounting, payroll, tax and advisory services in Sweden, Norway, Finland and Denmark. Accountor specialises in financial, payroll and HR management services. The group employs about 1,700 experts and operates in Finland, Sweden, Norway, Denmark, Netherlands and Ukraine. In July 2024, Accountor became part of Aspia Group. For the transaction details, see Accountor’s press release here. The advice provided by Kinstellar related to legal support for the sale, by Accountor
In Ukraine, individuals are obliged to pay the respective real estate tax upon receiving a notification-decision from the tax authorities, which should arrive by July 1. Even if such a decision is not received by this date, the tax authorities still have a three-year period within which valid payment notifications can be sent. The tax authority regularly updates its tax database, so the safest way to check one’s tax liability is to use a personal online tax account on the official website of the tax authority. The attached alert outlines the key points regarding the payment of real estate tax for individuals, namely who must pay the tax, in what amount, within what time frame, etc. Please read below our overview in English
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
Ukraine’s mobilization laws have undergone significant changes. The laws, among other things, introduce new obligations for persons liable for military service, as well as possible sanctions for violations of the law provisions. Please read the complete overview below in English or in Ukrainian. Download in English: Download in Ukrainian: