News and developments

Press Releases

Acclaimed International Disputes Expert Olga Vorozhbyt has joined Sayenko Kharenko’s team as a partner

Sayenko Kharenko is pleased to announce that Olga Vorozhbyt has joined the firm as a partner and will boost our capacity to handle cross-border disputes and large-scale investigations, including the ones related to FCPA rules. Olga will also advise clients on compliance and sanctions issues.
21 March 2024
Press Releases

Sayenko Kharenko advises on disposal of Ukrainian lithium projects to European Lithium Limited

Sayenko Kharenko has acted as legal counsel to Millstone Group in relation to the acquisition of the entire shareholding in European Lithium Ukraine LLC (the Company) by European Lithium Limited (EUR), and Millstone Group’s subsequent investment into EUR.
12 January 2023
Press Releases

Sayenko Kharenko advises Elementum Energy on acquisition of a stake in the Lymanska WPP project

Sayenko Kharenko has acted as Ukrainian legal counsel to Elementum Energy Limited on the acquisition of a majority stake in Lymanska Vitroelektrostantsiia LLC from Ukraine Power Resources. Lymanska Vitroelektrostantsiia LLC is a project company that is developing a wind park exceeding 100 MW near Odesa, Ukraine. The project is being developed in cooperation with Ukraine Power Resources, which remains a minority shareholder.
12 January 2023
Press Releases

Sayenko Kharenko successfully defended Sistema Prosecco in the Supreme Court

Sistema Prosecco obtained a favourable decision on Prosecco Geographical Indication (GI) in the Supreme Court in Ukraine. This is a landmark case in the world of intellectual property rights and unfair competition.
12 January 2023
Press Releases

Sayenko Kharenko advises EBRD on EUR 10 million equivalent loan to Bank Lviv to support Ukrainian micro, small and medium enterprises

Sayenko Kharenko acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing EUR 10 million synthetic loan in local currency to Bank Lviv under the EU4Business-EBRD Credit Line, a programme aimed at enabling companies to upgrade their products and services in line with EU standards.
11 January 2023
Press Releases

Sayenko Kharenko successfully represented Ultra Play LLC and Kronospan UA LLC

The international trade practice of Sayenko Kharenko has successfully represented Ultra Play LLC and Kronospan UA LLC in an anti-dumping investigation related to imports into Ukraine of plywood originating in Belarus.
11 January 2023
Press Releases

Sayenko Kharenko advises Nordcurrent on acquisition of Ukrainian game development company in Dnipro

Sayenko Kharenko has acted as Ukrainian legal counsel to Nordcurrent, one of the largest video game developers and publishers in Lithuania, providing extensive transactional support on the acquisition of Ukrainian game development company.
11 January 2023
Press Releases

Sayenko Kharenko advises Avenga on the acquisition of Perfectial Group

Sayenko Kharenko has acted as Ukrainian legal counsel to Avenga, an international IT and digital transformation technology group, in connection with the acquisition of Perfectial Group.
11 January 2023
Press Releases

Sayenko Kharenko has initiated an interim review of anti-dumping measures applied to imports into Ukraine of salt extra with origin in Belarus

Sayenko Kharenko’s international trade team has successfully represented Slavyanska Sol LLC and managed to initiate an interim review of anti-dumping measures applied to imports into Ukraine of salt extra with origin in Belarus.
11 January 2023
Press Releases

Sayenko Kharenko represented AKSER GROUP LLC and Association “Greenhouses of Ukraine”

International trade practice of Sayenko Kharenko has successfully represented AKSER GROUP LLC and Association “Greenhouses of Ukraine” in an anti-dumping investigation related to imports of heat insulation materials with origin in Belarus and Russia into Ukraine.
11 January 2023
Press Releases

Sayenko Kharenko advises EBRD on development of the online court in Ukraine

The European Bank for Reconstruction and Development (EBRD) has recently launched a project to assist Ukraine in its development of an online court. Sayenko Kharenko has been selected by the EBRD to advise on the relevant Ukrainian law aspects.
11 January 2023
Press Releases

Sayenko Kharenko helps a global top-tier gaming company Yolo Group enter Ukrainian market

Sayenko Kharenko acted as a ‘one-stop shop’ legal advisor to the global top-tier gaming company Yolo Group in connection to its entering Ukrainian market.
11 January 2023
Press Releases

Sayenko Kharenko advises EBRD on EUR 25 million equivalent loan to ProCredit Bank

Sayenko Kharenko has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing EUR 25 million equivalent loan to ProCredit Bank.
11 January 2023
Press Releases

Sayenko Kharenko advises Getin Holding S.A. during execution of the sale-purchase agreement in relation to Idea Bank Ukraine with FUIB

Sayenko Kharenko has acted as legal counsel to Getin Holding S.A. in the preparation, negotiation, and execution of a sale and purchase agreement in relation to the sale of a 100 per cent stake in “Idea Bank” JSC (Ukraine) to the First Ukrainian International Bank JSC (FUIB).
11 January 2023
Press Releases

Sayenko Kharenko advises on the debut USD 825 million ESG Bond issue by Ukrenergo

Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas, Deutsche Bank, Goldman Sachs International and Ukreximbank, managers of the debut USD 825 million Eurobond issue by NPC Ukrenergo, the state-owned electricity transmission system operator.
11 January 2023
Press Releases

Sayenko Kharenko acted as a Ukrainian law expert for the Allard Pierson Museum in the “Scythian Gold” case

The team of Sayenko Kharenko prepared an expert report on Ukrainian law for the Allard Pierson Museum in the “Scythian Gold” case.
11 January 2023
Press Releases

Sayenko Kharenko advised Getin Holding S.A. on the sale of Idea Bank Romania Group to BANCA TRANSILVANIA S.A

Sayenko Kharenko has acted as lead legal counsel to Getin Holding S.A., one of the biggest privately owned Polish financial groups headquartered in Wroclaw, in relation to the sale of 100 per cent of the share capital of the group of Romanian companies operating under IDEA brand: Idea Bank Romania, Idea Investment, Idea Leasing IFN and Idea Broker de Asigurare to Banca Transilvania S.A.
11 January 2023
Press Releases

Sayenko Kharenko secured victory for OLFA (Ukraine) in an international arbitration case for recovery of approximately EUR 3 million in damages from Olainfarm (Latvia)

Sayenko Kharenko arbitration team has successfully defended interests of OLFA LLC (“OLFA”) in the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (the “ICAC”). ICAC has awarded to OLFA, the Ukrainian distributor of medical and pharmaceutical products, approximately EUR 3 million in damages in the case against Latvian company Olainfarm JSC (“Olainfarm”).
11 January 2023
Press Releases

Sayenko Kharenko has defended Auchan in the Supreme Court case against the Asset Recovery and Management Agency

Sayenko Kharenko litigation team has won a high-profile case against the Asset Recovery and Management Agency if Ukraine (the “ARMA”) in the Supreme Court. The case brought by contested an unlawful sale of the land plots owned by Auchan and Ceetrus.
11 January 2023
Press Releases

Sayenko Kharenko represented clients in safeguard investigation related to imports of wires notwithstanding country of origin and export

On 28 July 2020, the Interdepartmental Commission on International Trade initiated a safeguard investigation on imports into Ukraine of wires notwithstanding country of origin and export.
11 January 2023
Press Releases

Sayenko Kharenko assists Bel Group with completion of transaction regarding sale of its Ukrainian business to Lactalis

Sayenko Kharenko has acted as legal counsel to Bel Group with respect to the completion of the disposal of its entire shareholding in PrJSC “Bel Shostka Ukraine” (“Bel Shostka”) to Lactalis. The transfer took place as a part of a larger transaction under which Bel Group disposed of its business in the Netherlands (Royal Bel Leerdammer B.V.), Italy (Bel Italia S.p.A), Germany (Bel Deutschland GmbH), Ukraine (Bel Shostka) in exchange for 23.16 per cent of Bel shares owned by Lactalis (the “Transaction“). Previously Sayenko Kharenko advised Bel Group on various Ukrainian law matters pertaining to this Transaction, which contributed to Bel and Lactalis commencing exclusive negotiations on 19 March 2021.
11 January 2023
Press Releases

Sayenko Kharenko advises on the second USD 50 million Eurobond tap issue by Trans-Oil Group

Sayenko Kharenko has acted as Ukrainian legal counsel to Citigroup, ING and Renaissance Capital, joint lead managers and joint bookrunners in connection with the second USD 50 million tap issue of 8.45 per cent secured notes due 2026 by Trans-Oil Group of Companies, a vertically integrated agro-industrial holding with operating facilities in Moldova, Ukraine, Romania, and Serbia. The additional notes will be consolidated with the existing USD 450 million notes that originally were issued in 2021 which will bring the size of the Eurobond to a total of USD 500 million.
11 January 2023
Press Releases

Sayenko Kharenko invites Ukrainian and international communities to help Ukraine in these difficult times.

Sayenko Kharenko invites Ukrainian and international communities to help Ukraine in these difficult times. You can help through the Charitable Fund "Breathe", originally established by Sayenko Kharenko's partners to support hospitals during the COVID-19 pandemic. Currently, given the situation in Ukraine, the Fund is transferring all charitable donations and humanitarian aid to support the civilian population of Ukraine, including Ukrainian hospitals that lack essentials: food, medicine, and equipment. The Fund's volunteers are Sayenko Kharenko's employees, so the firm controls the whole process from purchase to delivery to hospitals.
21 March 2022
Press Releases

Sayenko Kharenko provided legal support for PGNiG on acquisition of shares in a Ukrainian company

Sayenko Kharenko has acted as a subcontractor of a polish legal counsel – Rymarz Zdort that provided legal support for Polskie Górnictwo Naftowe i Gazownictwo S.A. (“PGNiG”) during its acquisition of a controlling stake in Karpatgazvydobuvannya LLC from ERU Management Services LLC, the mother company of ERU Group (“ERU”). Karpatgazvydobuvannya LLC is a Ukrainian project company holding a special permit for exploration and extraction of natural gas in the Byblivska area in Lvivska oblast of Ukraine near Ukraine’s border with Poland. Sayenko Kharenko advised PGNiG on a range of complex issues, including due diligence, transaction documents, assisted in securing a merger clearance from the Antimonopoly Committee of Ukraine and assisted with completion of the transaction. Sayenko Kharenko’s team involved in the transaction included: partners Nazar Chernyavsky, Maksym Nazarenko and Sergiy Smirnov, counsel Maryna Hritsyshyna, Ario Dehghani, Zlata Simonenko, Oleksiy Koltok and Iryna Bakina, senior associates Natalia Hutarevych, Mykhailo Grynyshyn, Igor Pomaz, Kateryna Utiralova, Sergey Protyven, as well as associates Zarina Khalimon, Kateryna Mytsykova, Yuliia Brusko and Zhanna Zayets.
07 December 2021
Press Releases

Sayenko Kharenko advises on USD 300 million Eurobond issue by Ukrainian

Sayenko Kharenko has acted as Ukrainian legal counsel to J.P. Morgan and Dragon Capital, the joint lead managers of the USD 300 million Eurobond issue by Ukrainian Railways, the exclusive state-owned provider of rail transportation services in Ukraine.
07 December 2021
Press Releases

USAID project and Sayenko Kharenko assist the NSSMC in developing new regulations for commodity exchanges

The USAID Financial Sector Transformation Project and Sayenko Kharenko law firm have assisted the National Securities and Stock Market Commission (the “NSSMC”) in developing regulations for the organised commodity market. The work started after the adoption of Law #738.
07 December 2021
Press Releases

Sayenko Kharenko advises on USD 500 million Eurobond tap issue by Ukraine

Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas and Goldman Sachs International, the joint lead managers of the USD 500 million Eurobond tap issue by Ukraine.
07 December 2021
Press Releases

Sayenko Kharenko has successfully defended the interests of the JTI group of companies

Sayenko Kharenko has successfully defended the interests of the Japan Tobacco International Group of companies (JTI) in the Court of Appeal and the Supreme Court on invalidating the headline-making decision of the Antimonopoly Committee of Ukraine (AMC) on anti-competitive concerted practices in the tobacco market.
07 December 2021
Press Releases

Sayenko Kharenko advises on USD 50 million Eurobond tap issue by Trans-Oil Group

Sayenko Kharenko has acted as Ukrainian legal counsel to Citigroup, ING and Renaissance Capital, joint bookrunners in connection with the tap issue of USD 50 million 8.45 per cent secured notes due 2026 by Trans-Oil Group of Companies, a vertically integrated agro-industrial holding with operating facilities in Moldova, Ukraine, Romania, and Serbia.
07 December 2021
Press Releases

Sayenko Kharenko advises EBRD on EUR 25 million hryvnia equivalent loan to Ukrgasbank

Sayenko Kharenko has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing EUR 25 million hryvnia equivalent loan to Ukrgasbank.
07 December 2021
Press Releases

Sayenko Kharenko advises on USD 700 million debut Eurobond issue by Ukravtodor

Sayenko Kharenko has acted as Ukrainian legal counsel to J.P. Morgan, Dragon Capital and Ukreximbank, managers of USD 700 million notes issuance by the State Road Agency of Ukraine (Ukravtodor). The notes are due 2028, subject to amortising payments starting from 2026.
07 December 2021
Press Releases

Sayenko Kharenko advises on USD 400 million Eurobond issue and related tender offer by Trans-Oil Group

Sayenko Kharenko has acted as Ukrainian legal counsel to Citigroup, ING and Renaissance Capital, joint bookrunners in connection with the issue of USD 400 million 8.45 per cent secured notes due 2026 by Trans-Oil Group of Companies, a vertically integrated agro-industrial holding with operating facilities in Moldova, Ukraine, Romania, and Serbia.
07 December 2021
Press Releases

Sayenko Kharenko advises Volia on its sale to Datagroup

Sayenko Kharenko has acted as legal counsel of Volia, a leading Ukrainian Pay-TV and broadband service provider, on sale by its holding company Volia Limited of the Ukrainian Volia Group companies to Datagroup. Sayenko Kharenko has also acted as one of the transaction counsels of both Volia and Datagroup in relation to obtaining merger clearance for the transaction from the Antimonopoly Committee of Ukraine.
07 December 2021
Press Releases

Sayenko Kharenko advised Getin Holding S.A. in course of execution of the sale-purchase agreement in relation to Idea Bank group companies in Romania

Sayenko Kharenko acted as the lead legal counsel to Getin Holding S.A. in course of execution of the sale and purchase agreement in relation to the sale of 100 per cent of shares of the group of Romanian companies operating under IDEA brand: Idea Bank Romania, Idea Investment, Idea Leasing IFN and Idea Broker de Asigurare to Banca Transilvania S.A.
07 December 2021
Press Releases

Sayenko Kharenko advises EBRD on up to EUR 25 million synthetic financing to support SMEs in Ukraine

Sayenko Kharenko has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with the extension of up to EUR 25 million loan to Crédit Agricole Bank Ukraine.
07 December 2021
Press Releases

Sayenko Kharenko advises ad hoc committee of bondholders on USD 2 billion debt restructuring by DTEK

Sayenko Kharenko has acted as Ukrainian legal counsel to an ad hoc committee of bondholders in connection with USD 2 billion debt restructuring by DTEK, the largest private energy company in Ukraine. The restructuring was implemented through two inter conditional English schemes of arrangement sanctioned by English courts and was successfully completed on 17 May 2021. Pursuant to its terms, DTEK Energy’s existing Eurobonds and bank debt have been converted into two new Eurobond issues: (1) USD 1.65 billion 7 per cent Eurobond issue by DTEK Energy maturing on 31 December 2027 and (2) USD 425 million 6.75 per cent Eurobond issued by DTEK Oil&Gas maturing on 31 December 2026. By lowering interest rates, prolonging maturity, as well as decreasing the leverage, the transaction is expected to provide for a more stable capital structure for DTEK Energy.
07 December 2021
Press Releases

Sayenko Kharenko advises on USD 300 million Eurobond issue by Interpipe

Sayenko Kharenko has acted as Ukrainian legal counsel to Goldman Sachs International and J.P. Morgan, the joint lead managers of a USD 300 million 5-year 8.375 percent Eurobond issue by Interpipe. The transaction closes on the back of repayment of Interpipe’s debt restructured in 2019 and marks the return of the company to capital markets after more than a decade-long pause.
07 December 2021
Press Releases

Sayenko Kharenko has advised on the USD 1.25 billion Eurobond issue by Ukraine

Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas, Deutsche Bank, Goldman Sachs and J.P. Morgan, the joint lead managers of USD 1.25 billion 6.875 per cent Eurobond issue by Ukraine. The notes have an 8-year tenor and were listed on the London Stock Exchange.
07 December 2021
Press Releases

Sayenko Kharenko took part in the preparation of the Systemic Report of the Business Ombudsman Council

Sayenko Kharenko joined the preparation of the Business Ombudsman Council’s Systemic Report “How Business Can Seek Execution of Court Decisions in Ukraine”.
07 December 2021
Press Releases

Sayenko Kharenko advises Fiat Chrysler Automobiles in obtaining Ukrainian merger clearance for combination of FCA and PSA to create a leader in sustainable mobility

Sayenko Kharenko antitrust team has acted as legal advisor to Fiat Chrysler Automobiles N.V. (“FCA”) in obtaining the necessary approval of the Antimonopoly Committee of Ukraine (the AMC) for a merger of FCA with Peugeot S.A. (“Groupe PSA”) to create the world’s fourth-largest automobile manufacturer by volume with annual sales of 8.7 million units and combined revenues of nearly €170 billion. The merger between FCA and Groupe PSA became effective on 16 January 2021 creating Stellantis N.V. (“Stellantis”), which will be an industry leader with the management, capabilities, resources, and scale to successfully capitalize on the opportunities presented by the new era in sustainable mobility. The combined entity will have a balanced and profitable global presence with a highly complementary and iconic brand portfolio covering all key vehicle segments from luxury, premium, and mainstream passenger cars through to SUVs and trucks & light commercial vehicles. Following an in-depth market investigation initiated by the AMC, the parties presented well-structured and strong arguments to the AMC proving the absence of competition concerns as the result of the merger. Having analyzed the detailed market studies and reactions of the market players, the AMC agreed with the findings and conclusions of the parties and approved the transaction. Sayenko Kharenko antitrust team advising on the project included senior associate Igor Pomaz and associate Kateryna Novodvorska and was led by partner Valentyna Hvozd. About FCA Fiat Chrysler Automobiles (FCA) is a global automaker that designs, engineers, manufactures and sells vehicles in a portfolio of exciting brands, including Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep®, Lancia, Ram and Maserati. It also sells parts and services under the Mopar name and operates in the components and production systems sectors under the Comau and Teksid brands. FCA employs nearly 200,000 people around the globe. About Groupe PSA  Groupe PSA designs unique automotive experiences and delivers mobility solutions to meet all customer expectations. The Group, which employs 210,000 people, has five car brands, Peugeot, Citroën, DS, Opel and Vauxhall and provides a wide array of mobility and smart services under the Free2Move brand. Its ‘Push to Pass’ strategic plan represents a first step towards the achievement of the Group’s vision to be “a global carmaker with cutting-edge efficiency and a leading mobility provider sustaining lifetime customer relationships”. An early innovator in the field of autonomous and connected cars, Groupe PSA is also involved in financing activities through Banque PSA Finance and in automotive equipment via Faurecia. Additional information can be found in FCA official press release [fcagroup.com].
07 December 2021
Press Releases

Sayenko Kharenko has successfully represented the interests of LLC “Ascania-Flora”

Sayenko Kharenko’s international trade practice has successfully represented the interests of LLC “Ascania-Flora” in the safeguard investigation related to imports of fresh cut roses notwithstanding country of origin and export. The investigation was initiated at the request of LLC “Ascania-Flora”.
07 May 2021
Press Releases

SK has successfully defended the rights of the major foreign investor in the criminal investigation

Sayenko Kharenko has successfully defended the rights of the major Chinese corporation – Power Construction Corporation of China Limited (POWERCHINA) – in criminal proceedings.
07 May 2021
Press Releases

Sayenko Kharenko advised Creatio on USD 68 million investment

Sayenko Kharenko has acted as a legal counsel to Creatio Inc. in connection with USD 68 million minority investment raised to fuel growth of its leading low-code platform for process management and CRM. The capital investment was led by Volition Capital, a US-based growth equity firm investing in high growth companies, with participation from Horizon Capital, a private equity firm investing in Europe.
06 April 2021
Press Releases

Sayenko Kharenko advises Getin Holding S.A. on the sale of Idea Bank Belarus to Belarusian MTBank

Sayenko Kharenko has acted as lead legal counsel to Getin Holding S.A., one of the biggest privately owned Polish financial groups headquartered in Wroclaw, in relation to the sale of 99.999 per cent stake in Idea Bank Belarus to MTBank, Belarusian commercial bank, providing a full range of services to corporate and private clients in the Republic of Belarus.
06 April 2021
Press Releases

Sayenko Kharenko helps Ukravtodor to launch a joint anti-corruption project with EBRD

The State Agency for Roads of Ukraine (“Ukravtodor”), within the framework of a joint anti-corruption project, will reconfigure its management and procurement practices according to the recommendations of the European Bank for Reconstruction and Development (“EBRD”).
29 March 2021
Press Releases

Sayenko Kharenko advises Bel Group on disposal of its Ukrainian business to Lactalis

Sayenko Kharenko acts as the Ukrainian legal counsel to Bel Group with respect to disposal of PrJSC “Bel Shostka Ukraine” (“Bel Shostka”) to Lactalis Group. The transfer of the Bel Group’s Ukrainian assets takes place within a larger transaction under the terms of which Bel Group will divest Royal Bel Leerdammer NL, Bel Italia, Bel Deutschland, Leerdammer and Bel Shostka, in return for Lactalis’ 23.16 per cent shareholding in Bel Group (the “Transaction”).
29 March 2021
Press Releases

Sayenko Kharenko helps Ukraine to win its largest investment arbitration case

The State of Ukraine has defeated the Energy Charter Treaty claim by the minority shareholders of PJSC Ukrnafta (Ukrnafta), one of Ukraine’s largest oil and gas producers. The claimants in the case “Littop Enterprises Limited, Bridgemont Ventures Limited and Bordo Management Limited v. Ukraine” (SCC Arbitration No. V 2015/092) originally sought USD 4.674 bln, but later increased their claim to USD 6.108 bln.
09 March 2021
Press Releases

Sayenko Kharenko advises European Fund for Southeast Europe on EUR 5 million financing to Bank Lviv

Sayenko Kharenko has acted as Ukrainian legal counsel to the European Fund for Southeast Europe (EFSE) on providing a loan of EUR 5 million equivalent in Ukrainian hryvnia to Bank Lviv. The loan will be used by the bank to provide local currency financing for agricultural micro and small enterprises (MSEs).
01 March 2021
Press Releases

Sayenko Kharenko has successfully defended the interests of MHP

The international arbitration team of Sayenko Kharenko has successfully represented the leading Ukrainian agricultural holding PJSC “MHP” (“MHP”), the claimant in the case at the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (“ICAC”), as well as at local Ukrainian courts in connection with the unsuccessful attempt of the respondent to set aside the arbitral award of the ICAC.
01 March 2021
Press Releases

Sayenko Kharenko has successfully defended the interests of two declaring subjects

Sayenko Kharenko’s team has once again successfully defended the interests of two declaring subjects in a lawsuit against NACP. The courts of the first and appellate instances confirmed the Sayenko Kharenko’s position on the illegality of the decision of the NACP to conduct a full check of the declarations of two people’s deputies of Ukraine.
22 February 2021
Press Releases

Sayenko Kharenko has represented Zhejiang Baokang Wheel Manufacture Co., Ltd.

International trade practice of Sayenko Kharenko has successfully represented Zhejiang Baokang Wheel Manufacture Co., Ltd. in anti-dumping investigation related to imports into Ukraine of aluminum wheel disks with origin in China and Russia. International trade practice of Sayenko Kharenko has successfully represented Zhejiang Baokang Wheel Manufacture Co., Ltd. in anti-dumping investigation related to imports into Ukraine of aluminum wheel disks with origin in China and Russia.
15 February 2021
Press Releases

Sayenko Kharenko has defended the interests of Ukrainian scientists-inventors

Sayenko Kharenko’s intellectual property practice team has successfully defended the interests of Ukrainian scientists-inventors and obtained in court the collection of royalties in the total amount of several UAH millions in the clients’ favor. Sayenko Kharenko’s intellectual property practice team has successfully defended the interests of Ukrainian scientists-inventors and obtained in court the collection of royalties in the total amount of several UAH millions in the clients’ favor. According to the license agreement signed with the inventors in 2015, defendant received the exclusive right on the territory of Ukraine to produce haemostatic agents that were purchased by military hospitals for the needs of the Ukrainian army. However, despite the successful implementation of that right, no royalties were paid to the inventors of the unique technology.
08 February 2021
Press Releases

Sayenko Kharenko has advised on USD 600 million Eurobond tap issue by Ukraine

Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas and Goldman Sachs International, the joint lead managers of the USD 600 million Eurobond tap issue by Ukraine.Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas and Goldman Sachs International, the joint lead managers of the USD 600 million Eurobond tap issue by Ukraine.
10 June 2022
Press Releases

Sayenko Kharenko advises Green for Growth Fund on EUR 5 million financing to Bank Lviv

Sayenko Kharenko has acted as Ukrainian legal counsel to the Green for Growth Fund (GGF) on providing a loan of EUR 5 million equivalent in Ukrainian hryvnia to Bank Lviv. The bank will on-lend funds to its business clients, primarily from the agricultural and agri-processing sectors, for the implementation of energy-effective projects.Sayenko Kharenko has acted as Ukrainian legal counsel to the Green for Growth Fund (GGF) on providing a loan of EUR 5 million equivalent in Ukrainian hryvnia to Bank Lviv. The bank will on-lend funds to its business clients, primarily from the agricultural and agri-processing sectors, for the implementation of energy-effective projects.
10 June 2022
Press Releases

Sayenko Kharenko advises Treeum on the sale of its controlling stake to Dragon Capital

Sayenko Kharenko has advised the Treeum group (“Treeum”) and its shareholders on the sale of the group’s controlling stake to Dragon Capital New Ukraine Fund L.P, a private equity fund managed by Dragon Capital.
10 June 2022
Press Releases

Sayenko Kharenko has successfully represented Zhejiang Longda Stainless Steel Co., Ltd

Sayenko Kharenko’s international trade practice team has successfully represented Zhejiang Longda Stainless Steel Co., Ltd in sunset review of anti-dumping measures applied to imports into Ukraine of seamless stainless pipes.Sayenko Kharenko’s international trade practice team has successfully represented Zhejiang Longda Stainless Steel Co., Ltd in sunset review of anti-dumping measures applied to imports into Ukraine of seamless stainless pipes.
15 January 2021
Press Releases

Sayenko Kharenko advises on USD 300 million Eurobond issue by Kernel

Sayenko Kharenko has acted as Ukrainian legal counsel to Crédit Agricole, J.P. Morgan and Natixis, the joint lead managers of a USD 300 million 7-year 6.75 percent Eurobond issue by Kernel. The issuance was coupled with a tender offer to the holders of Kernel’s existing USD 500 million 5-year 8.75 percent Eurobond due in 2022.Sayenko Kharenko has acted as Ukrainian legal counsel to Crédit Agricole, J.P. Morgan and Natixis, the joint lead managers of a USD 300 million 7-year 6.75 percent Eurobond issue by Kernel. The issuance was coupled with a tender offer to the holders of Kernel’s existing USD 500 million 5-year 8.75 percent Eurobond due in 2022.
07 January 2021
Press Releases

Sayenko Kharenko advises on USD 300 million Eurobond issue by Kernel

Sayenko Kharenko has acted as Ukrainian legal counsel to Crédit Agricole, J.P. Morgan and Natixis, the joint lead managers of a USD 300 million 7-year 6.75 percent Eurobond issue by Kernel. The issuance was coupled with a tender offer to the holders of Kernel’s existing USD 500 million 5-year 8.75 percent Eurobond due in 2022.
07 January 2021
Press Releases

Sayenko Kharenko continues to successfully defend the interests of the Auchan Group of Companies

Sayenko Kharenko continues to successfully defend the interests of a major foreign investor in Ukraine – the Auchan Group of Companies – within the high-profile case on the illegal alienation of the belonging to the client land plots in the Odesa region of an estimated value of USD 10 million.
01 December 2020
Press Releases

Oleg Klymchuk re-joins Sayenko Kharenko as IP practice counsel and Technology, Media & Communications group coordinator 

Sayenko Kharenko is delighted to welcome back Oleg Klymchuk as IP practice counsel and Technology, Media & Communications group coordinator. Oleg is an experienced intellectual property attorney who will focus on IT services outsourcing projects, technology, media and communications (TMC). 
01 December 2020
Press Releases

Counsel Oleg Klymchuk re-joins Sayenko Kharenko IP practice

Sayenko Kharenko is delighted to welcome back Oleg Klymchuk to the firm’s IP practice as counsel. Oleg will lead the firm’s Technology, Media & Communications group. Oleg is an experienced intellectual property attorney who will focus on IT services outsourcing projects, technology, media and communications (TMC). Sayenko Kharenko is delighted to welcome back Oleg Klymchuk as IP practice counsel and Technology, Media & Communications group coordinator. Oleg is an experienced intellectual property attorney who will focus on IT services outsourcing projects, technology, media and communications (TMC).
30 November 2020
Press Releases

Sayenko Kharenko advises EBRD on USD 100 million loan to Novus Group

Sayenko Kharenko has acted as legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing a USD 100 million secured financing package to Novus Group (Novus), one of the major Ukraine’s food retailers.
20 November 2020
Press Releases

Sayenko Kharenko reinforces its real estate and construction team with double lateral hire

Real estate and construction practice of Sayenko Kharenko has been very busy lately and its success lured two prominent experts from the market: Svitlana Gurieieva joins as partner and Olena Denisova as senior associate, both from Auchan Retail Ukraine.
16 November 2020
Press Releases

Sayenko Kharenko acts as a legal adviser on the 800 MW wind farm project EPC contract

Sayenko Kharenko acted as a legal adviser for WIND FARM LLC in relation to entering into an EPC contract with POWERCHINA. The contract provided for the joint implementation of an 800 MW wind farm in the Mangushskyi and Nikolskyi districts of the Donetsk region.
16 November 2020
Press Releases

Sayenko Kharenko reinforces its real estate and construction team with double lateral hire

Real estate and construction practice of Sayenko Kharenko has been very busy lately and its success lured two prominent experts from the market: Svitlana Gurieieva joins as partner and Olena Denisova as senior associate, both from Auchan Retail Ukraine.Real estate and construction practice of Sayenko Kharenko has been very busy lately and its success lured two prominent experts from the market: Svitlana Gurieieva joins as partner and Olena Denisova as senior associate, both from Auchan Retail Ukraine.
13 November 2020
Press Releases

Sayenko Kharenko helps Ukrainian Parliament to form a strategy for obtaining the EU Commission decision

Sayenko Kharenko analysed and summarised all relevant criteria, which should be met by Ukraine in order to apply to the EU Commission and obtain a decision on the adequate protection of personal data by Ukraine (the Adequacy Decision).Real estate and construction practice of Sayenko Kharenko has been very busy lately and its success lured two prominent experts from the market: Svitlana Gurieieva joins as partner and Olena Denisova as senior associate, both from Auchan Retail Ukraine.
13 November 2020
Press Releases

Sayenko Kharenko advises Elementum Energy on a buy-out of its joint venture partner

Sayenko Kharenko has acted as the Ukrainian legal counsel to Elementum Energy Limited, a subsidiary of VR Capital focused on investments into renewable energy, on a buy-out of the minority stake of its partner Volterra Energy Group in a joint venture company that had successfully developed ten solar power plant projects in Ukraine with the total installed capacity of 147 MW.
23 October 2020
Press Releases

Sayenko Kharenko advises on the USD 333 million Eurobond issue and cash tender offer by Metinvest

Sayenko Kharenko has acted as Ukrainian legal counsel to Deutsche Bank, Natixis, IMI Intesa Sanpaolo, and Raiffeisen Bank International, joint bookrunners of the new USD 333 million Eurobond issue by Metinvest. The notes have a 7-year maturity and bear interest at 7.65 per cent per annum.Sayenko Kharenko has acted as Ukrainian legal counsel to Deutsche Bank, Natixis, IMI Intesa Sanpaolo, and Raiffeisen Bank International, joint bookrunners of the new USD 333 million Eurobond issue by Metinvest. The notes have a 7-year maturity and bear interest at 7.65 per cent per annum.
16 October 2020
Press Releases

Sayenko Kharenko advises on the USD 333 million Eurobond issue and cash tender offer by Metinvest

Sayenko Kharenko has acted as Ukrainian legal counsel to Deutsche Bank, Natixis, IMI Intesa Sanpaolo, and Raiffeisen Bank International, joint bookrunners of the new USD 333 million Eurobond issue by Metinvest. The notes have a 7-year maturity and bear interest at 7.65 per cent per annum. Sayenko Kharenko has acted as Ukrainian legal counsel to Deutsche Bank, Natixis, IMI Intesa Sanpaolo, and Raiffeisen Bank International, joint bookrunners of the new USD 333 million Eurobond issue by Metinvest. The notes have a 7-year maturity and bear interest at 7.65 per cent per annum.
16 October 2020
Press Releases

Sayenko Kharenko – legal counsel of Syvash Wind Farm construction with capacity of 245.7 MW

Sayenko Kharenko acted as a legal counsel of Representative Office of Power Construction Corporation of China, LTD regarding construction of Syvash Wind Farm with capacity of 245.7 MW.Sayenko Kharenko acted as a legal counsel of Representative Office of Power Construction Corporation of China, LTD regarding construction of Syvash Wind Farm with capacity of 245.7 MW.
14 October 2020
Press Releases

Sayenko Kharenko advises on sale of Ukrainian railway operator to Glencore

Sayenko Kharenko has acted as legal counsel to Myrwayton Holding Limited in relation to the sale of railway operator to Renaisco B.V., a subsidiary of Glencore Agriculture.Sayenko Kharenko has acted as legal counsel to Myrwayton Holding Limited in relation to the sale of railway operator to Renaisco B.V., a subsidiary of Glencore Agriculture.
14 October 2020
Press Releases

Sayenko Kharenko welcomes top expert to strengthen GR practice

With government relations never more important in today’s Ukrainian business climate, Sayenko Kharenko has moved to strengthen its GR practice by adding new partner Oleg Samus to the team.With government relations never more important in today’s Ukrainian business climate, Sayenko Kharenko has moved to strengthen its GR practice by adding new partner Oleg Samus to the team.
24 September 2020
Press Releases

Sayenko Kharenko is Ukrainian counsel to AbbVie in its USD 63 billion acquisition of Allergan

Sayenko Kharenko antitrust team has provided legal assistance to AbbVie Inc. in obtaining merger clearance with the Antimonopoly Committee of Ukraine for its acquisition of Allergan plc in a cash and stock transaction for an equity value of approximately USD 63 billion. The deal was successfully completed on 8 May 2020 following receipt of all necessary regulatory approvals.
21 September 2020
Press Releases

Sayenko Kharenko advised clients in obtaining merger clearance for formation of a joint venture

Sayenko Kharenko acted as a local legal counsel to ADM, Bunge, Cargill, COFCO, Louis Dreyfus Company and Glencore Agriculture on obtaining clearance of the Antimonopoly Committee of Ukraine (AMC) for the joint venture developing an independent and trusted digital platform to enable post-trade efficiency for the participants of the agri-industry. Sayenko Kharenko acted as a local legal counsel to ADM, Bunge, Cargill, COFCO, Louis Dreyfus Company and Glencore Agriculture on obtaining clearance of the Antimonopoly Committee of Ukraine (AMC) for the joint venture developing an independent and trusted digital platform to enable post-trade efficiency for the participants of the agri-industry.
21 September 2020
Press Releases

Sayenko Kharenko advised on USD 329 million Eurobond tap issue by Ukraine

Sayenko Kharenko acted as Ukrainian legal counsel to J.P. Morgan, the initial purchaser and bookrunner of the USD 329 million Eurobond tap issue by Ukraine. The additional notes were consolidated with the outstanding USD 1.36 billion 7.75 per cent notes that matured on 1 September 2020.Sayenko Kharenko acted as Ukrainian legal counsel to J.P. Morgan, the initial purchaser and bookrunner of the USD 329 million Eurobond tap issue by Ukraine. The additional notes were consolidated with the outstanding USD 1.36 billion 7.75 per cent notes that matured on 1 September 2020.
21 September 2020
Press Releases

Sayenko Kharenko advises Orexim on the sale of leading port terminal to Glencore Agriculture Limited

Sayenko Kharenko advises Orexim Group (Orexim), a major Ukrainian logistics group, on the sale of a port terminal “Everi” (Everi) to Renaisco B.V., a subsidiary of Glencore Agriculture Limited.Sayenko Kharenko advises Orexim Group (Orexim), a major Ukrainian logistics group, on the sale of a port terminal “Everi” (Everi) to Renaisco B.V., a subsidiary of Glencore Agriculture Limited.
04 September 2020
Press Releases

Sayenko Kharenko secures Ukrainian merger clearance for acquisition by Saudi Aramco

Sayenko Kharenko antitrust team has acted as Ukrainian legal counsel to Saudi Arabian Oil Company (Saudi Aramco) on obtaining merger clearance in Ukraine for its USD 69.1 billion acquisition of a 70 per cent stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund, the sovereign wealth fund of Saudi Arabia. On 17 June 2020, Saudi Aramco announced the successful completion of the transaction.
25 August 2020
Press Releases

Sayenko Kharenko advised the EBRD on the entry into ISDA Master Agreement with the NBU

Sayenko Kharenko acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on its entry into the 1992 ISDA Master Agreement with the National Bank of Ukraine (NBU), the Ukrainian central bank.
25 August 2020
Press Releases

Sayenko Kharenko advised on the USD 2 billion Eurobond issue and related switch tender offer

Sayenko Kharenko has acted as Ukrainian legal counsel to J.P. Morgan and Goldman Sachs International, the joint lead managers of Ukraine’s new USD 2 billion Eurobond issue.
19 August 2020
Press Releases

Energy sector of Ukraine: main changes

Last week, the laws regulating the procedure for the environmental impact assessment, as well as settlements of debts that arose in the wholesale electricity market before the introduction of a new electricity market in Ukraine, came into force. Additionally, Verkhovna Rada of Ukraine adopted the first reading of the Draft Law of Ukraine “On Amendments to the Electricity Market Law” proposing to introduce a new instrument on the electricity market.
19 August 2020
Press Releases

Sayenko Kharenko advised the EBRD on the derivatives and corporate bonds reforms

On 19 June 2020, the Parliament of Ukraine adopted the law “On Amendments to Certain Legal Acts to Facilitate Attraction of Investments and to Introduce New Financial Instruments” (the “Capital Markets Law”), which generally takes effect from 1 July 2021 (assuming President’s signature and promulgation which is currently pending). The Law has been developed with substantial input from and in close cooperation with the European Bank for Reconstruction and Development (the “EBRD”), with Sayenko Kharenko acting as the Ukrainian legal counsel to the EBRD.
19 August 2020
Press Releases

Sayenko Kharenko advises EBRD on USD 60 million loan to Fozzy Group

Sayenko Kharenko acted as legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing up to USD 60 million secured loan to Fozzy Group, Ukraine’s major retailer.
19 August 2020
Press Releases

Sayenko Kharenko advises Dobrobut on acquisition of Doctor Sam healthcare network

Sayenko Kharenko acted as а legal counsel to the leader of the Ukrainian healthcare industry Dobrobut and its shareholders with respect to the acquisition of medical network operating three clinics in Kyiv under the brand name “Doctor Sam” (“Doctor Sam”).
19 August 2020
Press Releases

Sayenko Kharenko represented the interests of JSC “Novokramatorsky Machine Building Plant”

Sayenko Kharenko International Trade Practice represented the interests of JSC “Novokramatorsky Machine Building Plant” in the sunset review of antidumping measures against import of casting rollers originating from Ukraine into the Eurasian Economic Union. The review was initiated at the request of Russian manufacturers.
19 August 2020
Press Releases

Sayenko Kharenko represented the interests of PJSC “Manufacturing Association “Stalkanat-Silur�

Sayenko Kharenko International Trade Practice successfully represented the interests of PJSC “Manufacturing Association “Stalkanat-Silur” in the sunset review of antidumping measures against import of wire ropes originating from China into Ukraine. The review was initiated at the request of PJSC “Manufacturing Association “Stalkanat-Silur”.
19 August 2020
Finance

Sayenko Kharenko advises EBRD on EUR 7.5 million financing to Bank Lviv to support Ukrainian SME

Sayenko Kharenko acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing an up to EUR 7.5 million synthetic loan in local currency to Bank Lviv under the EU4Business-EBRD Credit Line. The synthetic structure of the loan provides access to long-term UAH funds to eligible SME borrowers of Bank Lviv.
02 July 2020
Finance

Sayenko Kharenko advises EBRD on EUR 15 million financing to OTP Leasing to support SMEs in Ukraine

Sayenko Kharenko acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing a four-year loan of up to EUR 15 million equivalent to OTP Leasing. The loan will be available for disbursement as a UAH synthetic and/or a EUR denominated facilities. It will enable OTP Leasing to finance long-term leases to small and medium-size enterprises (SMEs) across Ukraine despite the current market situation caused by the outbreak of the coronavirus pandemic.
19 June 2020
Corporate and commercial

Sayenko Kharenko advices for the largest impact-investment pioneer project in Ukraine

Sayenko Kharenko has acted as legal counsel to Promprylad. Renovation, the largest impact-investment enterprise in Ukraine.
04 June 2020
Corporate and commercial

Sayenko Kharenko advises on disposal of majority stake in Luxoptica Group and creation of JV

Sayenko Kharenko has acted as legal counsel to OH Holding Limited in relation to the sale of a 51% stake in the Luxoptica group of companies (Luxoptica Group) and the creation of a joint venture with Essilor Nederland Holding B.V., a subsidiary of EssilorLuxottica, the world’s largest manufacturer of eyewear products.
23 December 2021
Litigation/Dispute Resolution

Sayenko Kharenko represented a group of companies that owned one of the largest organic plants

Sayenko Kharenko successfully defended interests of a group of companies (the “Group”) owning one of the largest plants in Ukraine producing organic material used in the chemical industry and the fuel and energy sector.
04 June 2020
Press Releases

Sayenko Kharenko adds an American partner strengthening its international team

Despite the pandemic, Sayenko Kharenko follows its development strategy and continues to strengthen its international team consisting of US, UK and EU qualified lawyers. Lateral hire of partner Peter Teluk, one of the most experienced foreign lawyers in Ukraine, confirms the well-deserved reputation of Sayenko Kharenko as a leading Ukrainian law firm working according to the highest international standards in collaboration with reputable foreign firms.
19 June 2020
Press Releases

The tax revolution: Anti-BEPS has come up

President of Ukraine has signed the Law No. 466-IX “On Amendments to the Tax Code of Ukraine to Improve Tax Administration, Eliminate Technical and Logical Discrepancies in Tax Legislation” (the “Law”).
19 June 2020
Intellectual property

Sayenko Kharenko successfully defended interests of Bayer in the Supreme Court of Ukraine

The intellectual property team of Sayenko Kharenko  has successfully defended the interests of the world-famous German pharmaceutical manufacturer Bayer AG (Bayer) in the Supreme Court. In early 2018, the defendant imported products including the invention protected by a patent for the active substance “Rivaroxaban”.
24 May 2020
Tax

Sayenko Kharenko defended the interests and business reputation of one of Ukraine’s largest taxpay

Criminal proceedings for tax evasion totaling 2.4 billion hryvnia have been closed due to lack of corpus delicti.
24 May 2020
Finance

Sayenko Kharenko advised on the landmark EUR 1.25 billion Eurobond issue by Ukraine

Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas, J.P. Morgan and Raiffeisen Bank International, the joint lead managers of Ukraine’s record-setting EUR 1.25 billion Eurobond issue. The notes have a 10 year tenor and bear a coupon of 4.375 % per annum, which is the lowest pricing for Ukraine’s euro-denominated debt.
13 February 2020
Finance

Sayenko Kharenko represents the winner of the pilot concession tender in Ukraine

Sayenko Kharenko has acted as legal counsel to a successful international consortium in relation to participation in both pilot tenders for the concession of Kherson and Olvia seaports. The concession projects provide for the operation and maintenance of functioning seaport infrastructure by the investor for periods of 30 and 35 years respectively.
13 February 2020
Finance

Sayenko Kharenko advised Getin Holding S.A. in signing of the agreement on sale of Idea Bank JSC

Sayenko Kharenko has advised Getin Holding S.A. (one of the biggest privately owned Polish financial groups headquartered in Wroclaw and one of the biggest companies listed on the Warsaw Stock Exchange (mWIG40 Index)) on signing of the agreement on sale of 100% shares in Idea Bank JSC to Dragon Capital group of companies, together with a private investor.
13 February 2020
Finance

Sayenko Kharenko advises Ukreximbank on landmark USD 100 million subordinated Eurobond issue

Sayenko Kharenko has acted as legal counsel to the Joint Stock Company “The State Export-Import Bank of Ukraine” in connection with the issue of USD 100 million subordinated loan participation notes. The notes were issued by Biz Finance Plc., which applied the total principal amount of the issue towards financing a subordinated loan to Ukreximbank. The transaction marks the revival of the subordinated Eurobond for Ukrainian borrowers – an instrument which has been dormant for over a decade. The last previous similar issue back in 2006 was also by Ukreximbank, with Sayenko Kharenko acting as legal counsel.
13 February 2020
Finance

Sayenko Kharenko advises EBRD on up to EUR 70 million synthetic local currency financing

Sayenko Kharenko acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing a synthetic financing in local currency to three Ukrainian banks under the EU4Business initiative.
13 February 2020
Finance

Sayenko Kharenko advises on the debut EUR 325 million “green bond” issue by Ukrainian business

Sayenko Kharenko acted as Ukrainian legal counsel to Raiffeisen Bank International and Renaissance Capital, joint lead managers of the EUR 325 million Eurobond issue by DTEK Renewables, which marks the first-ever issue of notes under the green bond framework by a business from Ukraine. A green bond is a new type of debt instrument designed to raise capital for environment-friendly initiatives.
13 February 2020
Finance

Sayenko Kharenko advises on USD 300 million Eurobond issue by Kernel

Sayenko Kharenko has acted as Ukrainian legal counsel to J.P. Morgan and ING, the joint lead managers of a USD 300 million 6.5 percent Eurobond issue by Kernel.
13 February 2020
Finance

Sayenko Kharenko advises on the landmark dual-currency Eurobond issue by Metinvest

Sayenko Kharenko acted as Ukrainian legal counsel to Deutsche Bank, Natixis and UniCredit, joint bookrunners of the dual-currency Eurobond issue by Metinvest consisting of USD 500 million 7.75% tranche and EUR 300 million 5.625% tranche.
13 February 2020
Finance

Sayenko Kharenko advises on the USD 350 million Eurobond issue by MHP

Sayenko Kharenko acted as Ukrainian legal counsel to J.P. Morgan and ING, the joint lead managers of the USD 350 million 6.25 per cent Eurobond issue by MHP.
13 February 2020
Finance

Sayenko Kharenko advises EBRD on the up to EUR 116 million loan

Sayenko Kharenko acted as legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing up to EUR 116 million loan to Kronospan UA, a manufacturer of wood-based panels, to finance its capital expenditure.
13 February 2020
Press Releases

Sayenko Kharenko advised Wabtec Corporation on obtaining of merger clearance in Ukraine

The Sayenko Kharenko antitrust team has provided legal assistance in obtaining merger clearance with the Antimonopoly Committee of Ukraine (the “AMC”) for the spinoff and merger of GE’s Transportation business with Wabtec Corporation. The USD 11.1 billion deal was completed on 25 February 2019.
13 February 2020
Finance

Sayenko Kharenko advises EBRD on up to EUR 80 million loan to Ukreximbank for “green” investment

Sayenko Kharenko has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) in the provision of a four-year syndicated loan of up to EUR 80 million to JSC “The State Export-Import Bank of Ukraine” (Ukreximbank). The EBRD provides up to EUR 40 million on its own account, with up to EUR 40 million provided by foreign participants.
13 February 2020
Intellectual Property

Sayenko Kharenko has initiated and provided legal support to a police operation that led to raids

Six months of joint efforts by the Sayenko Kharenko IP Practice, the Cyber Police and the Main Investigation Department of the National Police of Ukraine have resulted in the elimination of a criminal group that specialized in the manufacturing and wholesale distribution of counterfeited laundry and household products carrying globally-known brands. These counterfeit products were produced in different facilities located in the Transcarpathian region of Ukraine, then labeled and distributed as originals throughout Ukraine, Slovakia, Hungary and Romania. Around 60 tons of counterfeited chemical produce was produced every month by the operation.
13 February 2020
Press Releases

Sayenko Kharenko advises on up to USD 100 million Eurobond tap issue by Ukrainian Railways

Sayenko Kharenko has acted as Ukrainian legal counsel to JP Morgan and Dragon Capital, the joint lead managers of the Eurobond tap issue by Ukrainian Railways, the exclusive state-owned provider of rail transportation services in Ukraine.
11 February 2020
Press Releases

Sayenko Kharenko advises on landmark USD 500 million Eurobond issue by Ukrainian Railways

Sayenko Kharenko has acted as Ukrainian legal counsel to JP Morgan and Dragon Capital, the joint lead managers of a USD 500 million Eurobond issue by Ukrainian Railways, the exclusive state-owned provider of rail transportation services in Ukraine.
11 February 2020
Press Releases

Sayenko Kharenko advises EBRD on loan facility to Bank Lviv

Sayenko Kharenko has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing of up to EUR 5.3 million financial package to Bank Lviv.
11 February 2020
Press Releases

Sayenko Kharenko successfully protects the rights of Oschadbank before the Supreme Court

Sayenko Kharenko has successfully protected the rights of the Public Joint Stock Company “State Savings Bank of Ukraine” (Oschadbank) before the Supreme Court. The case related to claims by Oschadbank against a number of co-defendants and a foreign bank for protection of the right to a trademark and has been under consideration as a commercial proceeding since 2016.
11 February 2020
Press Releases

Sayenko Kharenko has represented the interests of JSC “Ilyich Iron and Steel Works of Mariupol”

Sayenko Kharenko’s international trade team has represented the interests of JSC “Ilyich Iron and Steel Works of Mariupol” (a Ukrainian producer of galvanized sheets) in an anti-dumping investigation related to imports of galvanized sheets into Ukraine originating from Russia and China.
11 February 2020
Press Releases

Sayenko Kharenko advises on USD 300 million Eurobond issue by Trans-Oil Group

Sayenko Kharenko has acted as Ukrainian legal counsel to Citigroup, Renaissance Capital and UBS Investment Bank, joint bookrunners in the issue of USD 300 million secured notes due 2024 by TransOil Group of Companies, a vertically integrated agro-industrial holding with operating facilities in Moldova and Ukraine.
11 February 2020
Press Releases

Sayenko Kharenko advises world’s largest food packaging manufacturer on investment project

Sayenko Kharenko has acted as legal advisor to Huhtamaki Foodservice Ukraine (the “Company”), a subsidiary of the world’s largest packaging manufacturer in the foodservice segment – Huhtamaki Oyj, in connection with the launch of production in Ukraine.
11 February 2020
EU & Competition

Sayenko Kharenko successfully asserts interests of the client against unfair competition

The IP practice attorneys of Sayenko Kharenko have defended the rights of Scotch whisky producers in a court case brought by a Ukrainian beverage producer challenging an Antimonopoly Committee of Ukraine (AMCU) decision.
11 February 2020
Press Releases

Sayenko Kharenko represents Kyivguma LLC in anti-dumping investigation related to imports

Sayenko Kharenko’s international trade team has represented the interests of Kyivguma LLC (a Ukrainian producer of rubber caps for medical purposes) in an anti-dumping investigation related to imports into Ukraine of rubber caps for medical purposes originating in Poland and China.
11 February 2020
Finance

Sayenko Kharenko advised on EUR 1 billion Eurobond issue by Ukraine

Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas and Goldman Sachs International, the joint lead managers of Ukraine’s new benchmark EUR 1 billion Eurobond issue.
11 February 2020
Real estate & property

Sayenko Kharenko successfully represents the owner of a Kyiv region land plot

Sayenko Kharenko has successfully represented the interests of a Ukrainian company that is the owner of a land plot in the Kyiv region during reconsideration of commercial court decision based on newly discovered circumstances.
11 February 2020
Corporate and Commercial

Sayenko Kharenko has represented a shareholder in a corporate USD 3 billion dispute

Sayenko Kharenko has represented a shareholder in a corporate dispute with one of the largest machine-building enterprises in Europe for the production of equipment for the oil, gas, nuclear and chemical industries.
11 February 2020
Press Releases

Sayenko Kharenko represented the interests of one of the largest construction companies in Ukraine

Sayenko Kharenko has successfully represented the interests of one of the largest construction companies in Ukraine in litigation concerning the termination of a contract relating to a complex development project.
11 February 2020
Press Releases

Sayenko Kharenko advised on the landmark EUR 1.25 billion Eurobond issue by Ukraine

Sayenko Kharenko advised on the landmark EUR 1.25 billion Eurobond issue by Ukraine Sayenko Kharenko has acted as Ukrainian legal counsel to BNP Paribas, JP Morgan and Raiffeisen Bank International, the joint lead managers of Ukraine’s record-setting EUR 1.25 billion Eurobond issue. The notes have a 10 year tenor and bear a coupon of 4.375 % per annum, which is the lowest pricing for Ukraine’s euro-denominated debt. Partner Nazar Chernyavsky commented: “We are delighted to have been a part of one of the most prominent capital markets transaction by Ukraine to date. Ukraine has finally tapped the Euro securities market and increasingly high demand for the Ukrainian debt proved the growing confidence of diverse investors in the country’s long-term potential.” Sayenko Kharenko’s team was led by Igor Lozenko and included associates Oles Trachuk, Yurii Dmytrenko, and junior associates Oleksandra Maksymenko and Oleksandr Motin.
31 January 2020
Press Releases

Sayenko Kharenko begins 2020 with new partner promotions

Sayenko Kharenko is boosting its antitrust & competition and banking & finance practices with the promotion of two market stars to partner status – Valentyna Hvozd and Igor Lozenko respectively. These promotions are a result of their significant professional growth inside the firm, their considerable market success, and their ability to consistently surpass expectations and deliver the best results for clients.
31 January 2020
Projects, Energy & Natural Resources

Sayenko Kharenko acts as legal counsel to DTEK Renewables for construction of Primorskaya WEP with a

Sayenko Kharenko has acted as legal counsel to DTEK Renewables, which manages DTEK projects in renewable energy, on construction of Primorskaya Wind Electric Plant LLC (Primorskaya WEP) with a capacity of 200 MW. DTEK Renewables is currently one of the largest producers of renewable electric energy in Ukraine and accounts for about 10% of “green” capacities market.
28 October 2019
Projects, Energy & Natural Resources

Sayenko Kharenko advises VR Capital on establishment of a joint venture to develop solar power plant

Sayenko Kharenko has acted as Ukrainian legal counsel to VR Capital on the establishment of a joint venture with Volterra Energy Group, the developing partner. The joint venture company is set to develop a number of solar power plant projects throughout Ukraine.
28 October 2019
Finance

Sayenko Kharenko advises EBRD on synthetic UAH loan facility to Ukreximbank to support small and med

Sayenko Kharenko has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing a dual-tranche UAH-denominated loan equivalent to USD 25 million to JSC “The State Export-Import Bank of Ukraine”. The synthetic local currency loan provides access to UAH loan funds for eligible SME borrowers.
28 October 2019
Finance

Sayenko Kharenko advises VR Capital on acquisition of 50% stake in 11 solar park projects

Sayenko Kharenko has acted as Ukrainian legal counsel to VR Capital on the acquisition of 50% of shares in Nicken Holdings LTD from Investment Capital Ukraine (ICU).
28 October 2019
Corporate & Commercial

Sayenko Kharenko advises Horizon Capital on Dobrobut investment

Sayenko Kharenko has acted as legal counsel to private equity firm Horizon Capital regarding acquisition of a minority stake in Dobrobut, the leading private healthcare provider in Ukraine. Dobrobut operates a network of private clinics and hospitals in Kyiv staffed by qualified professionals and equipped with modern medical equipment, providing quality care to their patients.
28 October 2019
Finance

Sayenko Kharenko advises on World Bank-guaranteed EUR 529 million facility to Ukraine

Sayenko Kharenko has acted as Ukrainian legal counsel to Deutsche Bank as the lender and arranger of a EUR 529 million facility extended to Ukraine under a guarantee from the International Bank for Reconstruction and Development. 
28 October 2019
Projects, Energy & Natural Resources

Sayenko Kharenko wins twice at The Lawyer European Awards 2019

Sayenko Kharenko wins twice atThe Lawyer European Awards 2019 Sayenko Kharenko won the titles of Law firm of the year: Russia, Ukraine and the CIS and European energy and infrastructure deal of the year at The Lawyer European Awards 2019. The firm is the only one on the Ukrainian market ever to have won two accolades in a single year. Please click here for more information.
28 October 2019
EU & Competition

Sayenko Kharenko announces new partner promotion

Sayenko Kharenko announces new partner promotion Sayenko Kharenko is delighted to announce the appointment of Maksym Nazarenko as a new partner in the firm’s antitrust & competition practice. Click here.
28 October 2019
Tax & Private Client

Svitlana Musienko joins Sayenko Kharenko as a partner

Svitlana Musienko joins Sayenko Kharenko as a partner Sayenko Kharenko has strengthened its tax practice with a new partner hire. Svitlana Musienko brings 20 years of professional experience advising major international companies and the largest Ukrainian business groups on domestic and international tax planning, transfer pricing, tax issues, corporate law, and investment structuring. Prior to joining Sayenko Kharenko, Svitlana worked as a partner heading the tax practice at an international law firm and as a senior manager at one of the Big Four accounting firms. She has been involved in some of the most significant corporate restructuring and high-profile tax due diligence projects in Ukrainian history. In addition, Svitlana is actively involved in policy and legislative initiatives in the areas of tax and transfer pricing. Partner Vladimir Sayenko welcomes new partners team member: “We are proud to welcome Svitlana on board. She is a recognised expert in Ukrainian tax law with many years of experience leading the tax practice at a multinational law firm. We have no doubt that under Svitlana’s supervision our tax practice will continue to develop into a true market leader.” See here: sk_new_partner_svitlana_musienko 
28 October 2019
Energy

Maryna Hritsyshyna joins Sayenko Kharenko

Sayenko Kharenko’s energy practice acquired top industry talent to consolidate all of the firm’s work and expertise in the sector Maryna Hritsyshyna joins Sayenko Kharenko after spending almost seven years at WIND POWER LLC, sub-holding of DTEK RENEWABLES. Maryna specializes in renewables projects, energy market, and dispute resolution in the energy sector. Being responsible for the legal support of complex projects in the renewable energy sector, she has accumulated extensive experience of drafting and negotiating a wide range of agreements, including wind turbine supply and installation agreements, turnkey agreements (including, EPC under FIDIC forms), service agreements, and re-negotiation of existing contracts. Her expertise also covers all legal issues related to the construction of renewable energy projects, as well as regulatory issues relating to the grid connection, offtake contracts and tariffs. In addition, Maryna is a certified business-mediator of Energy Community Secretariat’s Dispute Resolution and Negotiation Centre.
18 March 2020
Corporate & Commercial

Sayenko Kharenko advises AB InBev Efes B.V.

Sayenko Kharenko advises AB InBev Efes B.V. on mandatory tender offer and sell-out procedures with respect to SUN InBev Ukraine Sayenko Kharenko has acted as Ukrainian legal counsel to AB InBev Efes B.V. with respect to acquisition of shares of PJSC “SUN InBev Ukraine” from minority shareholders under the new procedures for mandatory tender offer (the MTO) and sell-out recently introduced to Ukrainian law.
28 October 2019
Finance

Sayenko Kharenko advised on USD 2 billion dual-tranche Eurobond issue by Ukraine

Sayenko Kharenko advised on USD 2 billion dual-tranche Eurobond issue by Ukraine Sayenko Kharenko acted as Ukrainian legal counsel to BNP Paribas, Goldman Sachs, Citigroup and J.P. Morgan Securities, joint lead managers of USD 2 billion Eurobond issue by Ukraine. The issue comprises USD 750 million notes due 2024 and USD 1.25 billion notes due 2028. A share of proceeds of the new issue has been used by Ukraine to redeem its USD 725 million zero coupon notes issued for the purposes of bridge financing earlier in 2018, while the remaining funds will be applied for general budgetary purposes of the sovereign. The issue took place on the back of prolonged negotiations between Ukraine and IMF and gives a positive signal that international capital markets are still open for the Ukrainian debt. Igor Lozenko and Nazar Chernyavsky led Sayenko Kharenko’s team working on the transaction, which included Denis Nakonechnyi, Yurii Dmytrenko, Oles Trachuk and Vira Pankiv.  sk_press-release_eurobonds_eng
28 October 2019
Insurance

Sayenko Kharenko advises the world’s leading insurance company on sale of companies in Ukraine

Kharenko has advised AXA Group (France), a global leader in insurance and asset management, and UkrSibbank on the sale of PrJSC "Insurance company "AXA Insurance" and ALC "Insurance company "AXA Life Insurance" to Fairfax Financial Holding Limited (Canada).
28 October 2019
Corporate & Commercial

Sayenko Kharenko advised Mriya Agro Holding

Sayenko Kharenko advised Mriya Agro Holding on the successful debt restructuring and subsequent sale Sayenko Kharenko has advised Mriya Agro Holding for several years in connection with USD 1.1 billion debt restructuring. 13 unsecured bank credits, 7 suppliers’ credits, 1 ECP programme and 2 issues of Eurobonds were restructured in a single secured debt instrument. Due to this unprecedented restructuring, the total debt of the new Mriya Group has decreased from USD 1.1 billion to USD 309.5 million.
13 June 2022
Press Releases

Sayenko Kharenko contributes to legal framework for consulting engineers in construction projects

Sayenko Kharenko contributing to legal framework for consulting engineers in Ukrainian construction projects Sayenko Kharenko's lawyers have actively participated in a working group to develop a legislative framework to regulate the role of independent consulting engineers in construction projects implemented in Ukraine. 
28 October 2019
Press Releases

Sayenko Kharenko advises Porsche Ukraine Group companies on business security issues

Sayenko Kharenko advises Porsche Ukraine Group companies on business security issues SayenkoKharenko acts as the Ukrainian legal counsel to Porsche Ukraine Group companies, including Porsche Ukraine LLC and Porsche Inter Auto Ukraine LLC. Sayenko Kharenko’s white collar criminal defence team will provide complex legal support on all issues that may arise in connection with the companies’ business activities in Ukraine.
13 June 2022
Press Releases

Who’s Who Legal: Competition 2018 recognizes 4 Sayenko Kharenko’s experts among the world’s le

Who’s Who Legal: Competition 2018 recognizes four Sayenko Kharenko’s experts among the world’s leaders Sayenko Kharenko’s competition team has recently received excellent rankings in Who's Who Legal's 2018 guides to the world's top competition law experts. Four Sayenko Kharenko’s lawyers are recognized in this year’s list: Vladimir Sayenko, Valentyna Hvozd, Maksym Nazarenko and Dmitry Taranyk. Sayenko Kharenko has more individuals listed than any other Ukrainian law firm in the research.
13 June 2022
Press Releases

Sayenko Kharenko advised on the largest refinancing by Ukrainian corporate

Sayenko Kharenko advised on the largest refinancing by Ukrainian corporate Sayenko Kharenko acted as Ukrainian legal counsel to Deutsche Bank, ING, Natixis and UniCredit, joint bookrunners of the USD 1.592 million Eurobond issue by Metinvest B.V., a holding company of the largest in Ukraine and one of the largest CIS producers of iron ore raw materials and steel.
28 October 2019
Press Releases

Sayenko Kharenko advised the world’s largest brewing corp. in respect of creating of a joint ventu

Sayenko Kharenko advised the world’s largest brewing corporation in respect of creating of a joint venture Sayenko Kharenko has acted as Ukrainian legal counsel to Anheuser-Busch InBev S.A./N.V. (AB InBev) and SUN InBev Ukraine in relation to the combination of the Russian and Ukrainian businesses and assets of AB InBev and Anadolu Efes Biracilik ve Malt Sanayii AS (Efes), two of the world’s largest brewing companies, and the creation of a joint venture. Cleary Gottlieb Steen and Hamilton LLP acted as AB InBev’s global counsel, while Efes was represented by Norton Rose Fulbright LLP.
28 October 2019
Press Releases

Sayenko Kharenko has represented the interests of Group DF

Sayenko Kharenko has represented the interests of Group DF in an interim review of anti-dumping measures applied to imports into Ukraine of nitrate ammonium originating in the Russian Federation 2018.04.04_sk_group_df_eng
28 October 2019
Press Releases

Sayenko Kharenko advises Ukreximbank on UAH 4 billion repeat of hryvnia-denominated Eurobond

Sayenko Kharenko advises Ukreximbank on successful UAH 4 billion repeat of hryvnia-denominated Eurobond Sayenko Kharenko has acted as Ukrainian legal counsel to JSC “The State Export-Import Bank of Ukraine” in connection with UAH 4,051,000,000 (approximately USD 150,000,000) 16.5 per cent. Loan Participation Notes due 2021. Citigroup Global Markets Limited and J.P. Morgan Securities plc acted as joint lead managers for the issue. sk_ukreximbank_uah_lpn_press-release_eng
28 October 2019
Press Releases

Sayenko Kharenko advised on financing the construction of spent nuclear fuel storage facility

Sayenko Kharenko acted as Ukrainian legal counsel in connection with the USD 250 million financing to State Enterprise "National Nuclear Energy Generating Company "Energoatom" (Energoatom), operator of all running nuclear power plants in Ukraine.Read more...
28 October 2019
Press Releases

Sayenko Kharenko names five new partners

Sayenko Kharenko is pleased to announce the promotion of five new partners in six of the firm's market-leading practices: banking & finance, capital markets, corporate & M&A, international arbitration, international trade, and private wealth management. Read more... 
28 October 2019
Press Releases

Sayenko Kharenko supported Ukreximbank in the launch of UZ partnership with GE

Sayenko Kharenko acted as Ukrainian legal counsel to Joint Stock Company “The State Export-Import Bank of Ukraine” (Ukreximbank) in connection with the inaugural deal within the USD 1 billion framework agreement between Public Joint Stock Company Ukrainian Railways (Ukrzaliznytsya) and General Electric Transportation relating to the purchase, modernization and leasing of GE locomotives. Read more...
28 October 2019
Press Releases

Sayenko Kharenko advises on EUR 30 million loan for Ukrainian universities

Sayenko Kharenko advises on EUR 30 million loan for Ukrainian universities Sayenko Kharenko has acted as legal counsel to the Nordic Environment Finance Corporation (NEFCO) in relation to a EUR 30 million loan to Ukraine intended to boost energy efficiency programs at Ukrainian universities.
30 May 2022