On 30 July 2025, the President of Ukraine signed Law No. 7508, aimed at optimising the mechanism for attracting private investment into post-war infrastructure recovery efforts through public-private partnerships (PPPs). The law, save for a few exceptions, will come into force three months after its official publication. The reforms enact a new version of the Law “On Public-Private Partnership” and also introduce significant changes to the Law “On Concessions”, along with related laws governing urban planning, highways, land relations, railway transport, and other sectors. Below we summarize the key innovations: 1. Expansion of PPP usage and concessionsOpening up additional entry points for private
Kinstellar has launched a firmwide initiative to support Ukraine in its recovery and reconstruction efforts. Our Kyiv Office continues providing full commercial counsel and legal support in Ukraine to international and domestic clients, with particular emphasis on the Infrastructure & Construction, Defence, Energy & Projects, and Mining & Minerals sectors. The Ukrainian government has given top-priority to these areas, and our team closely monitors related opportunities for our clients. We also draw on the combined experience of our 300+ lawyers in 12 jurisdictions in Central and Eastern Europe (CEE), Southeast Europe (SEE), and Central Asia to assist clients in some of the most ambitious reconstruction
During the last three years as a result of Russia's ongoing aggression, Ukraine's infrastructure has sustained extensive damage, representing a profound challenge to the country's long-term development. Delays in reconstruction risk having severe social and economic repercussions not only for Ukraine but for the broader region over the coming decades. Ukraine’s post-war recovery nonetheless represents a huge opportunity for private investors, bringing considerable stimulus and economic growth in its wake. Which leads to a number of questions: What are the principal legal and regulatory challenges currently confronting Ukraine in its recovery efforts? Moreover, what concrete measures has the government implemented
The adoption by the Verkhovna Rada of Law of Ukraine No. 6013 “On the Peculiarities of the Regulation of Entrepreneurial Activity by Certain Types of Legal Entities and Their Associations in the Transition Period” (the “Law”) represents a fundamental reform of private law in Ukraine. The Law not only repeals the Commercial Code of Ukraine (the “Commercial Code”), which had been in force since 2004, but also initiates a fundamental restructuring of the system of the legal regulation of economic relations in the country. Any analysis of the key aspects of the reform needs to take into account both its legal implications and practical challenges for business entities, especially in the context of harmonization
Kinstellar is delighted and proud to announce the promotions to Partner of Tomáš Melišek (Bratislava), Levente Hegedűs (Budapest), Bulut Girgin (Istanbul), Anastasiya Bolkhovitinova, Natalia Kirichenko, Oleg Matiusha, Illya Muchnyk (all in our Kyiv office), and to Counsel of Dominika Bajzáthová (Bratislava). PARTNERS Tomá š Melišek, Bratislava Tomáš is the Head of the local Banking & Finance service line. He has 15 years of experience in banking and finance, focusing on project and acquisition financing as well as on financial regulations. Tomáš has substantial experience advising clients on significant financing transactions in the areas of real estate, energy, infrastructure, automotive, media