The Russian invasion of Ukraine is widely recognized as the first ever full-scale drone war. This has transformed Ukraine into the world’s leading laboratory for drone development. In this new security environment, the Ukrainian authorities and the country’s private sector have prioritized the production of drones and expanded manufacturing capacity at an unprecedented rate. Meanwhile, […]
Investing in Ukraine
Posted inInterview
Global defense industry can learn from Ukraine’s wartime tech sector development
How would you assess the current state of cooperation between Ukrainian defense industry companies and potential international partners? Cooperation is taking place, but in many cases it is still at the early stages. Since the start of Russia’s full-scale invasion, Ukraine has gained a reputation among Western defense sector companies as a key testing ground […]
Posted inIndustry
Boeing and Ukraine’s Antonov sign agreement to partner on defense projects
Boeing has this week signed a landmark Memorandum of Understanding with Ukrainian aerospace giant Antonov that could pave the way for collaboration on a range of defense-related projects including the development of new drone technologies. “This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our […]
Posted inEconomy
Ukraine reaches $20 billion debt restructuring deal with key bondholders
Ukraine has struck a deal with a number of private creditors to restructure more than $20 billion in debt and avoid a potential financial crisis that could have had grave consequences for the country’s war effort. According to the preliminary agreement reached on July 22, bondholders have accepted nominal losses of thirty seven percent. The […]
Posted inInterview
France’s Credit Agricole Bank opens flagship branch in Kyiv
France’s Credit Agricole underlined its ambitions on the Ukrainian market in mid-May with the opening of a new flagship branch in Kyiv that could serve as a model for the bank’s network throughout Ukraine. The unveiling of the branch in the Ukrainian capital’s San Francisco Business Center is another significant milestone in Credit Agricole’s 31-year […]
Posted inIndustry
Resilience and reforms: assessing key legal industry trends in wartime Ukraine
Since the onset of Russia’s full-scale invasion in February 2022, the Ukrainian legal sector has navigated through unprecedented challenges and undergone significant transformations, while at the same time continuing to play a crucial role in society. A number of key trends and important issues have emerged during this period that are shaping the legal landscape […]
Posted inInterview
Adapting legal services to wartime conditions in today’s Ukraine
How have the wartime conditions in Ukraine affected your work with international corporate clients? At the very beginning of the full-scale invasion, the level of demand in the international corporate client segment at our law firm decreased significantly. But demand has subsequently recovered and we have managed to engage new global brands in cooperation. In […]
Posted inEconomy
Legislation and lobbying to aid Ukraine’s recovery
Over the coming five years, the European Bank of Reconstruction and Development (EBRD) plans to invest between EUR 7.5 billion and EUR 15 billion in Ukraine. The private sector is also showing signs of increasing commitment. Major companies including Germany’s Bayer AG and Rheinmetall, the UK’s BAE Systems, and Turkey’s Baykar have already either announced […]
Posted inIndustry
From Drones to Demining: How Ukrainian legislation is adapting to wartime realities
Over the span of more than two years since the start of Russia’s full-scale invasion, Ukraine’s rapidly evolving defense sector has played a crucial role in strengthening the country’s ability to defend itself. One of the most notable success stories has been the development of Ukrainian drone technologies. Since February 2022, a significant number of […]
Posted inIndustry
Ukraine is the driver of the new European security architecture
Few people are better placed to assess the historic changes currently taking place in the Ukrainian defense industry than Kyiv-based Canadian lawyer Daniel Bilak. In his role as director of Kinstellar law firm’s Ukraine practice, Bilak helps major international defense companies establish a presence in wartime Ukraine. As the former chief investment advisor to the […]