{"id":773853,"date":"2020-08-21T15:03:41","date_gmt":"2020-08-21T12:03:41","guid":{"rendered":""},"modified":"2020-08-21T15:19:15","modified_gmt":"2020-08-21T12:19:15","slug":"kinstellar-predstavyly-interesy-qterminals-u-peregovorah-stosovno-ukladennya-kontsesijnogo-dogovoru-u-najmasshtabnishomu-kontsesijnomu-proekti-v-ukrayini","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/kinstellar-predstavyly-interesy-qterminals-u-peregovorah-stosovno-ukladennya-kontsesijnogo-dogovoru-u-najmasshtabnishomu-kontsesijnomu-proekti-v-ukrayini\/","title":{"rendered":"Kinstellar represents QTerminals in negotiations for the Concession Agreement for the largest port concession project in Ukraine"},"content":{"rendered":"<p><b><span lang=\"EN-GB\">August 2020 <\/span><\/b><span lang=\"EN-GB\">\u2013 <\/span><span lang=\"EN-GB\">On 20 August 2020, the Ministry of Infrastructure of Ukraine, the Ukrainian Sea Ports Authority, the Qatari <\/span><span lang=\"EN-GB\">port operator<\/span><span lang=\"EN-GB\"> QTerminals WLL and its Ukrainian subsidiary QTerminals Olvia, in the presence of the Minister of Transport and Communications of the State of Qatar, HE Jassim Al Sulaiti, and the Minister of Infrastructure of Ukraine, HE Vladysav Kryklii, signed the agreement for the 35-year concession of <\/span><span lang=\"EN-GB\">Olvia port<\/span><span lang=\"EN-GB\">.<\/span><\/p>\n<p><span lang=\"EN-GB\">Under the concession agreement, the concessionaire has the exclusive right to operate, manage and develop the Olvia port. I<\/span><span lang=\"EN-GB\">n addition to regular concession payments, under the terms of the agreement the concessionaire will invest up to USD 120 million in the modernisation and development of Olvia port and will contribute an additional USD <\/span><span lang=\"EN-US\">2<\/span><span lang=\"EN-GB\">.<\/span><span lang=\"EN-US\">9<\/span><span lang=\"EN-GB\"> million for the development of the local infrastructure. This makes the project the largest concession ever awarded in Ukraine, the largest investment in Ukraine\u2019s port sector, and the second-largest foreign investment in Ukraine since the privatisation of the Kryvorizhstal steel mill in 2005. <\/span><span lang=\"EN-GB\">\u00a0\u00a0<\/span><\/p>\n<p><span lang=\"EN-GB\">The concession of Olvia port is a pilot concession project prepared by the Ministry of Infrastructure of Ukraine with the assistance of the EBRD and the IFC following international best practice. <\/span><\/p>\n<p><span lang=\"EN-GB\">Kinstellar\u2019s Kyiv office assisted QTerminals on Ukrainian law matters from the start of the project, representing the company during the tender process and the negotiations of the concession agreement <\/span><span lang=\"EN-GB\">through to its successful closing.<\/span><\/p>\n<p><span lang=\"EN-GB\">&#8220;<i>This is the first concession project of such scale in Ukraine. We are very pleased to work with Kinstellar\u2019s team and are thankful for their valuable contribution and efforts to make this deal happen,<\/i>\u201d said <strong>Neville Bissett, CEO of QTerminals WLL<\/strong>.<\/span><\/p>\n<p><span lang=\"EN-GB\">\u201c<i>The successful and transparent concession tender and execution of the Olvia port concession agreement, together with the most recent legislative changes in Ukraine, send a positive signal to market players willing to do business in the Ukrainian infrastructure sector and participate in upcoming concessions and other PPP projects,<\/i>\u201d explains <strong>Oleg Matiusha, Counsel at Kinstellar\u2019s Kyiv office<\/strong>.<\/span><\/p>\n<p><span lang=\"EN-GB\">Kinstellar\u2019s team advising QTerminals LLC was led by <b>Oleg Matiusha<\/b> (Counsel, Head of Real Estate, Construction and Infrastructure in Kyiv) and included <b>Iryna Nikolayevska<\/b> (Partner, Head of Corporate\/M&amp;A), <b>Andriy Nikiforov<\/b> (Counsel, Head of Banking and Finance), <b>Danylo Volkovetskyi<\/b> (Senior Associate, General Commercial, Corporate), <b>Viktoriia Dobrynska<\/b> (Senior Associate, Corporate), <b>Daryna Ushchapivska<\/b> (Associate, Competition), <b>Julia Palaida<\/b> (Associate, Regulatory, Environmental Compliance), <b>Yulia Eismont<\/b> (Associate, IP), <b>Oleksandr Plachynta<\/b> (Associate, Dispute Resolution).<\/span><\/p>\n<p><span lang=\"EN-GB\">For more information please contact <b>Oleg Matiusha<\/b>, Counsel at <\/span><span lang=\"EN-US\"><a href=\"mailto:oleg.matiusha@kinstellar.com\"><span lang=\"EN-GB\">oleg.matiusha@kinstellar.com<\/span><\/a><\/span><span lang=\"EN-GB\">.<\/span><\/p>\n<p><strong>Kinstellar<\/strong> is Emerging Europe and Central Asia&#8217;s leading independent law firm. Our highly skilled lawyers handle the most important and complex transactions for clients in diverse industries and sectors across Emerging Europe and Central Asia.<\/p>\n<p>Kinstellar was formed in November 2008 from the Bratislava, Bucharest, Budapest and Prague offices of Linklaters and has expanded with new offices in Kyiv, Belgrade, Istanbul, Almaty, Sofia, Tashkent and Nur-Sultan. Kinstellar&#8217;s experience speaks for itself: major corporations, financial institutions, governments and the most respected international law firms trust us because we deliver.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>August 2020 \u2013 On 20 August 2020, the Ministry of Infrastructure of Ukraine, the Ukrainian Sea Ports Authority, the Qatari port operator QTerminals WLL and its Ukrainian subsidiary QTerminals Olvia, in the presence of the Minister of Transport and Communications of the State of Qatar, HE Jassim Al Sulaiti, and the Minister of Infrastructure of [&hellip;]<\/p>\n","protected":false},"author":4489,"featured_media":281852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15576,15575],"tags":[],"class_list":["post-773853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-articles-en","category-news-and-articles-from-companies-en","company-19603"],"_links":{"self":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/773853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/users\/4489"}],"replies":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=773853"}],"version-history":[{"count":0,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/773853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media\/281852"}],"wp:attachment":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=773853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=773853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=773853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}