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Page 1: INVEST IN LVIV REGION - Поточні події в ІТ ... · INVEST IN LVIV REGION 1 . ... UNESCO List of World Cultural Heritage • go-to destination for tourism and business

INVEST IN LVIV REGION

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In recent years Ukraine has passed the most difficult times of formation and took a swift course towards the introduction of European and global standards which has opened up new variety of opportunities for foreign investors.

I was born here and lived here throughout my life and now I notice how fast everything changes towards facilitating of doing business in Ukraine.

That's why I appeal to You: It is high time to implement Your business plans in Ukraine!

I am ready for any projects and I am sure that together we will bring them to life successfully.

Sincerely Yours, Markian Malskyy

Introduction

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MARKIAN MALSKYY Honorary Consul of the Republic of Austria in Lviv Partner and Head of the West-Ukrainian Branch at Arzinger Law Office

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• LVIV REGION IN A NUTSHELL • WHY TO INVEST • WHAT TO INVEST IN • BUSINESS NETWORKING

List of contents

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• founded in 1256 by King Daniel of Galicia and named after his son Lev (meaning “lion”)

• one of the first cities that obtained the Magdeburg Right

• Compared to Italian Piedmont, as it also was springboard for national rise and unification

• Under the rule of Poland, Austro-Hungarian Empire, and the Soviet Union. This had undeniable impact on demographic and economic situation as well as the level of civic consciousness of the population

Lviv was…

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• fast-growing and developing modern city with historical background. Central part of the city constitutes historical and architectural reserve and is included to UNESCO List of World Cultural Heritage

• go-to destination for tourism and business

• on the crossroads of Western and Eastern Europe.

• widely regarded as Ukraine’s European business card.

• City of youth and education. 16% of population are students and this number is growing with every year

Lviv is…

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• Lviv is the largest city in Western Ukraine • 726 000 population of Lviv (official number, actual number is higher) • 2 531 750 population of Lviv Region • By population Lviv is No. 7 in Ukraine and No. 48 in Europe • Modern International Airport put into

service in 2012, is the biggest airport in Western Ukraine according to passenger flow and destination network. Direct flights to Poland, Germany, France, Italy, Israel, Turkey with 17 airlines

• 88 hotels and 65 hostels

Numbers and facts

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Geographic location

v

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The main roads that run through Lviv region

Distance • Distance from Lviv to Kyiv – 555 km; • Distance from Lviv to Odesa (seaport) – 804.5 km; • Distance from Lviv to Warsaw (Poland) – 390.5 km; • Distance from Lviv to Krakow (Poland) – 325.6 km.

Logistics

Road Route Distance from Lviv

M-06 Kyiv-Chop (Hungary) 270.5 km to Chop

М-09 Lviv – Rava Ruska (Poland) 62.5 km

М-10 Lviv – Krakivets (Poland) 68.1 km

М-11 Lviv – Shehyni (Poland) 72.1 km

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Lviv Airport Intercity trains Lviv – Warsaw train

Transport

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WHY TO INVEST

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MAIN REASONS TO INVEST

GEOGRAPHY

INFRUSTRUCTURE

HUMAN RESOURCES

BUSINESS APPROACH

GOVERNMENT SUPPORT

• GEOGRAPHICAL LOCATION, LOGISTICS • FREE TRADE ASSOCIATION • AVAILABILITY OF RAW MATERIALS AND LAND

• DEVELOPED INFRUSTRUCTURE • MAIN TRADE ROUTES AND INTERNATIONAL AIRPORT • COMPETETIVE PRICE S FOR REAL ESTATE

• AVAILABLE LABOUR RESOURCES • COMPETETIVE SALARIES • TAXES

• EASY BUSINESS INCORPORATION AND ADMINISTRATION • NON-OCCUPIED INTERNAL MARKETS NICHES • POSSIBILITY TO OPERATE ON TOLLING SYSTEMS

• PRO INVESTMENT APPROACH OF LOCAL AUTHORITIES AND READINESS TO SUPPORT BUSINESS REPRESENTATIVES IN COMPLICATED TRANSACTIONS

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Labour potential

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The population of Lviv region is more than 2.5 million people, representing 5.5% of the total population of Ukraine. The majority (60.3%) resides in urban areas.

The largest cities of Lviv region are: • Lviv - 726 thousands of residents

(officially*); • Drohobych - 76 thousands of residents; • Chervonohrad - 67 thousands of

residents; • Stryi - 60 thousands of residents; • Sambir - 35 thousands of residents; • Boryslav - 34 thousands of residents. The unemployment rate in the Lviv region among people of

working age was 7.9%** in 2016.

*The actual population of Lviv is estimated as more than 1 million. ** The actual number is less.

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As of the 1st quarter of 2017 in the Lviv region were employed 469 087 persons.

Employees distribution by industries

Sector

Number of

employees

% of the

total number

Average salary gross amount

Industrial enterprises 116667 (24.9%) 6600 UAH (≈228 EUR) Educational Institutions 97820 (20.9%) 5400 UAH (≈186 EUR) Health facilities 67737 (14.4%) 4200 UAH (≈145 EUR) Transport, storage, postal and courier enterprises

43743 (9.3%) 6700 UAH (≈231 EUR)

Wholesale and retail trade, repair of vehicles

37200 (7.9%) 5200 UAH (≈180 EUR)

Construction 11540 (2.4%) 5500 UAH (≈190 EUR)

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Source: http://www.lv.ukrstat.gov.ua/

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* The Law establishes the minimum salary in the amount of 3200 UAH (≈110 EUR)

Salary

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Source: http://lv.ukrstat.gov.ua/ukr/si/express/2017/v0709_34.pdf

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Employees’ taxes, which have to be deducted from the salary (by an employer as a tax agent) amounts to 19.5%, which includes: • Personal income tax - 18%; • Military contribution - 1.5%; Employer’s taxes - 22% of unified social contribution (USC), which is calculated from the salary gross.

Example table Costs of the Employer on the Salary Gross in the amount of 10,000.00 UAH (≈345 EUR)

Therefore, the total costs of the Employer related to the payroll accounting shall amount 12200.00 UAH (≈421 EUR). Employee receives 8050.00 UAH (≈ 278 EUR).

Taxes on the salary

Salary Gross USC in UAH

Salary Net in UAH

Personal income tax in UAH

Military contribution in UAH

Costs of the Employer

8050.00

1800.00

150.00

2200.00

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Land

More than 50 land plots in Lviv region can be used for the creation of industrial parks.

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Source: https://mfa.gov.ua/mediafiles/sites/lithuania/files/LODA_BOOKLET.pdf

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Types of land ownership: • State ownership • Communal ownership • Private ownership

*According to the Land Code of Ukraine, the foreign legal entity as well as UAH companies incorporated with foreign investment may acquire the ownership title exclusively to the non-agricultural land plot and solely : • within the boundaries of settled areas in case of purchase of immovable property

or for construction of immovable property related to business activity in Ukraine; • outside settled areas in case of purchasing immovable property.

Land ownership

Types of land acquisition

Long-term lease Purchase*

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1 674,7 million USD in 2016 What is exported: Electronical equipment and its

parts Furniture Wood and wood products Products of vegetable origin Fats and oils of animal or

vegetable origin Food products Textiles

Export

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Source: http://www.lv.ukrstat.gov.ua/ukr/si/express/2017/v3306_26.pdf

Export to:

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Import

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1 258,3 million USD in 2016 What is imported: Electronic and mechanic

equipment

Plastics and polymer materials

Products of vegetable origin

Food products

Minerals

Textiles

Import from:

Source: http://www.lv.ukrstat.gov.ua/ukr/si/express/2017/v3306_26.pdf

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DCFTA. The EU and Ukraine have provisionally applied their Deep and Comprehensive Free Trade Agreement (DCFTA) since 1 January 2016. This agreement means both sides will mutually open their markets for goods and services based on predictable and enforceable trade rules. Annexes I-A to the DCFTA provide schedules for reduction of import duty rates by the parties to the Agreement. For the large number of goods import duty rates are lowered immediately to 0% starting from 1 January 2016. The positive outcome of DCFTA is increasing of export of products from Ukraine, inter alia, due to the fact of shortening of the list of documents required by the customs authorities.

European integration

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EU-Ukraine Association Agreement. On 27 June 2014, the EU-Ukraine Association Agreement was signed by Heads of European Union States and Governments and President of Ukraine.

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Import duties and taxes are due when importing goods into Ukraine by a private individual or a commercial entity. These are calculated on the CIF value, i.e. the sum of the value of the imported goods and the cost of shipping and insurance. In addition to duty, imports are subject to Sales Tax, and Excise Duty. • Duty Rates. Ukraine applies duties at rates between 0% and 60%, with an average

rate of 10%. • Sales Tax. Imports into Ukraine are subject to a standard VAT rate of 20%, levied

on the sum of the CIF value, duty, and excise duty if applicable. Some goods are subject to a reduced rate of 7%.

• Minimum Threshold. Imports which do not exceed €150 in FOB value, i.e. product value excluding shipping and insurance cost, are exempt from duty and VAT.

• Other taxes and customs fees. Excise Duty applies to products like alcohol and tobacco.

Import duty

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The most common forms of starting business activity in Ukraine are: • Registration of private entrepreneur; • Establishing a legal entity.

Starting business

Legal forms of Companies

Limited liability company

Joint stock company

Additional liability company

Partnership in commendam

General partnership

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• The most practical legal form of business entity is Limited Liability Company (“LLC”). • Registration actions usually take 4-5 working days (after all the documents are prepared). • LLC acts on the basis of the Charter in which all the major issues on the activity and bodies of

the LLC are prescribed. • Shareholders of an LLC may be residents and non-residents of Ukraine, individuals or legal

entities; the only shareholder or more (up to 100 shareholders). • Executive Body of an LLC may be formed via appointing of sole Director or Board of

Directors. • As for the date of state registration the LLC has to indicate the official place of registration of

the LLC. • There is no specified amount of minimal charter capital. Declared charter capital has to be

paid within one year from the date of LLC’s registration. • The information about Ultimate Beneficiary Owners (“UBO”)* has to be obligatory indicated

in the state register. * The UBO is defined as the individual who has the direct or indirect possession of 25% or more of votes in the company.

Establishing of LLC

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Corporate governance

Shareholder(s)

Management of the Company May be sole Director or Board of Directors

Director (-s) conduct comprehensive management of everyday activity of the Company. The law provides legal tools to limit powers of Director (-s)

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• The highest body of LLC • All decisions are taken via shareholder's meeting

The law provides legal tools to limit powers of Director (-s), i.e. limitations on the sums which may be operated by the Director without any authorization from shareholders or to prescribe the required authorization to be obtained by the Director prior to conducting of special types of deeds (lease, sell and purchase agreements of property, mortgage, etc.)

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Taxes

There are number of taxes at the local level, including property tax, parking duties, unified tax, and tourism duties. In general, local taxes (except unified tax) and duties do not have a significant impact on a taxpayer's tax position. According to tax legislation, by carrying payment of dividends to the non resident shareholder the company is obliged to pay tax on repatriation in amount of 15%, unless otherwise is provided by the international agreements. Ukraine has concluded a number of the agreements on avoidance of double taxation with the majority of European countries, with the several countries of Asia and Africa, as well as with Brazil and Indonesia the Ukrainian.

Tax or mandatory contribution Statutory tax rate Tax base

Corporate Income Tax (CIT) 18% taxable profit

Unified Social Contribution (USC) 22% gross salaries

Land Tax (LT) various rates (shall not exceed 12%)

land area and value

Military Contribution (MC) 1.5% personal income

Value Added Tax (VAT) 20% value added

Personal Income Tax (PIT) 18% personal income

Tax on Dividends (ToD) 5% (when the company is a CIT-payer) 9% (when the company is not a CIT-payer)

dividends on shares and

corporate rights

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Legislative changes: • Anti-corruption reform, creation of National Anti-Corruption Bureau of Ukraine; • Judicial reform, reform in judgments enforcement; • Strengthening of anti-raider legislation; • Decentralization of power in the registration; • Amendments of legislation on corporate governance, introduction of the shareholders agreements; • Simplifying the procedure of obtaining of work permits and temporary residence permits for foreign

citizens; • “Green" tariff for the electricity produced from renewable energy sources; • Liberalization of currency control by National Bank of Ukraine.

The following bodies aimed to support investors were established recently: • Board of exporters and investors of Ukraine under the Ministry of Foreign Affairs of Ukraine; • National Investment Council • Consulting and advisory bodies to promote pre-trial settlement of disputes between investors and

executive authorities (local government) • Investment departments of cities’ and regional councils

Improvement of investment climate

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WHAT TO INVEST IN

INFRUSTRUCTURE

AGRICULTURE

SPHERES AND INDUSTRIES OF

INVESTMENT

PHARMACEUTICALS AND HEALTHCARE

IT

REAL ESTATE

TOURISM

ENERGY

LEISURE

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INVESTMENT STATISTICS

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The presence of foreign investments in 1000,00 USD 31.12.2016

Source: http://database.ukrcensus.gov.ua/statbank_lviv/maps_en/m06A04_en.htm

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Investments by countries (in%)

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Other countries

Source: http://database.ukrcensus.gov.ua/statbank_lviv/Database/06INVEST/databasetree_en.asp

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Investments by spheres (in %)

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Agriculture, forestry and

fishing

Financial and

insurance activities

Real estate activities

Mechanical Engineering

Transporta-tion and storage

Wood, manufacture

of paper and printing

Wholesale and retail

trade

Other

Source: http://database.ukrcensus.gov.ua/statbank_lviv/Database/06INVEST/databasetree_en.asp

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Successful Investment Stories

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Successful Investment Stories

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Overview of the main industries of investment

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In recent years we are witnessing a tendency, when the biggest successful foreign companies are relocating their production to Ukraine. In the last years a significant number of large and medium foreign investors from Poland, Romania, Belgium, Germany, France,

Business relocation trend

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Turkey etc. started their business activity in Lviv and Lviv Region. The main reasons are taxes, salary rates, geographic location and other local conditions that make the Lviv region attractive for investments. This means the following: the first ones will receive the highest benefit from the investment in Ukraine!

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Main spheres of production relocation

• Automotive • Machinery • Light Industry • Food and Beverages

Main reason of production relocation

• Possibility to operate with tolling materials

• Possibility to hire educated staff

• Tax rates

Relocation of production as an “option”

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Agro industrial complex of the Lviv region is a multifield formation. In its structure there are formed specialized complexes: • Grain production; • Sugar beet planting; • Processing of fruits and vegetables; • Meat industry; • Milk industry; • Poultry industry.

Agriculture

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• 61 % Plant Groving

• 39 % Livestock Farming

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Statistics information

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Source: http://www.lv.ukrstat.gov.ua/eng/select.php?m=_infgr

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Source: http://www.lv.ukrstat.gov.ua/eng/select.php?m=_infgr

Statistics information

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Lviv Region potential: • Residential property • Industrial parks • Business centres • Hotels and Hostels • Logistic Warehouses • Shopping and entertainment

centres

Real Estate & Infrastructure

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source: http://lv.ukrstat.gov.ua/ukr/bank/maps.php

Statistics information

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Dozens of brownfields (Lviv): • Bogdanivska St., 44, • Zhovkivska St., 25, Promyslova St., 29, • Lychakivska St., 119, B. Khmelnitsky St.,

100, Plastova St., 11, • Zelena St., 20, • Zelena St., 238, • Stryjska St. (E 471, Solonka village), • Pasitshna St., 93B, • Vokzalna St., 20 (Murovane village)

Opportunities Data

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source: https://www.dilovyy-forum.com.ua/pdf/07loda_roman_matis.pdf

Project of Industrial Park in “Ryasne 2”

Yavorivskyi, Novorozdilskyi, Horodotskyi, Kamyanka-Buzkyi industrial parks.

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Solar Energy Wind Energy • Already commissioned / operating

wind power plants in Western region:

1. Staryi Sambir-1 (20,7 MW) 2. Staryi Sambir- 2 (13,2 MW) 3. Smerechanska WES (37,95 MW) 4. Carpathian WES (51,75 MW) • Under construction: 1. Sokal wind park (33,3 MW) 2. Skoliv WES (48,3 MW)

Energy

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• Solar power plants in Western Ukraine: 1. Ozerna (9,9 MW). Commissioned in

March 2017. 2. Sambir-1 (3,1 MW). Commissioned in

2012. 3. Sambir-2 (5 MW). Commissioned in

2017. 4. Bogorodchany (2,8 MW).

Commissioned in 2013. 5. Gelios Energy (4 MW). Commissioned

in 2013. • Under construction: 1. Solar power plant in Boryslav (1,44 MW) 2. Yavoriv (63 MW) 3. Soniachna Brama (3 MW)

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• The outsourcing market in Lviv has been showing steady growth since 2002. This means that partners in Ukraine are maturing and delivering services and more and more clients are becoming inclined on taking a chance on Lviv. The key now is to take advantage of the opportunities presented by Lviv as regional outsourcing powerhouse.

• Why business outsource is a good decision: - Investors provide outsourcing offices only with the standardized schemes of work

– the rest of working processes are conducted here; - Availability of well-educated English speaking staff to be employed on the

outsource; - There is no direct necessity to purchase or to lease real estate for the purposes of

outsourcing (unless investor has such intention). In case there is in intention and/or necessity in real estate objects purchase or leasing, there is a list of options to choose the most optimal for you in Lviv Region.

• Representative Experience, among others have such companies as Nestle, Veon, other. Additionally a lot of call-centres work on the BPO basis in Lviv Region.

Business processes outsourcing

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IT Sector

Briefly in numbers: • 20 000+ professionals work in

IT in Lviv; • 20% annual growth; • 200+ IT companies are located

in Lviv; • 4 000+ IT graduates annually; • 90% - work in outsourcing*.

*The vast majority of customers in the IT sector are foreign companies

Number of employees in 6 largest companies: • SoftServe (2700 employees in Lviv,

4490 in Ukraine); • EPAM (1000 in Lviv, 4600 in Ukraine); • ELEKS (815 in Lviv, 1024 in Ukraine); • GlobalLogic (650 in Lviv, 2830 in

Ukraine); • N-iX (500 in Lviv, 580 in Ukraine); • Intellias (390 in Lviv, 540 in Ukraine).

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Source: https://zaxid.net/skilki_zaroblyayut_lvivski_programisti_n1419390

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IT communities

• Lviv IT Cluster, • PLLUG Community • GDG Lviv, • IT talk, • Morning@Lohika, • Lviv StartUp Club, • Forge Events, • DaKiRy, • Juniors Club, • Lviv Testers Community, • Lviv PM Community, • Lviv Club IT CEO/COO, • IT HR Club Lviv, IT HR LifeStyle.

IT SCHOOLS: • LITS (Data Science, Code, QA, PM,

HR, UI/UX, BDA, LITS4kids); • Logos IT Academy (web, Java,

gamedev, QA, SEO, HR, etc); • Quality Assurance Group (QA,

management); • School of Testing (QA); • UCU Business School (MSc in

Technology Management).

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• Innovation District IT-park is to be built in Lviv. Designed for IT business, the park will occupy an entire area of 10 hectares.

• The project was initiated by IT Cluster, and Galereja Centre (known for the construction Shopping and entertainment mall “Forum”) is the main developer. The investment amounts to $ 95 million. These funds will be used to build several business centres (from 8 to 22 floors), the building of the university, laboratories, Hotel, shopping and entertainment centres, kindergarten, shops and other infrastructure. Lviv in the near future may become another “silicone valley”

Development of IT Infrusructure

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• Lviv IT Forum • Seed Forum Lviv • IT Outsourcing Forum • Lviv Freelance Forum • JDayLviv • GDG DevFest Ukraine • GameDev Conference • BAQ • PyCon Ukraine • Lviv Euro DrupalCamp • ProductCamp Lviv

• Lviv Project Management Day • GlobalLogic TechTalks • Security Hole • Lviv IT Jazz

Specialized conferences and events in IT

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• Pharmaceutical industry is traditionally one of the main industry sectors in the economy of Ukraine and most dynamic. It covers production of pharmaceuticals and medical purpose articles, wholesale and retail trade, specialized storage and distribution through developed sales network.

• Commodity supply chain of the pharmaceutical industry in the country includes foreign companies (imported products), local manufacturers, wholesalers/distributors of pharma related products, public and private hospitals, and the retail segment.

Pharmaceuticals and Healthcare

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• The most famous representatives of the local market are Medicover (chain of private clinics), Synevo (chain of private laboratories), and Arterium (producer of drugs and pills)

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Pharmaceuticals Potential spheres to develop your business in: Laboratories: in recent years improvement in the sector of private laboratories may be observed. Though these laboratories were opened only by local business representatives as for now.

Healthcare Potential spheres to develop your business in: Private clinics: there is a huge perspective in this field as private clinics are on the very beginning of their development and there is no great variety of them on the market yet.

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Market place for drugs, pills, therapy: as a lot of educational institutions and state hospitals are acting in Lviv Region Since Lviv is the most famous medical educational centre in Western Ukraine there is a solid labour potential here.

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• approx. 1,7 million of tourists visit Lviv every year

• 273 hotels and other accommodation facilities • 111 113 bed places in hotels and other

accommodation facilities • 987 places to eat • Almost 4 million UAH volume of tourist tax • Almost 115 million UAH tax revenues from

business entities in field of tourism • 69 437 appeals to the Tourist Information Centre

(TIC) • Over 4 thousand of historical and architectural

relics of 12-20th century in Lviv region (25% of all objects in Ukraine)

Tourism

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Source: http://dashboard.city-adm.lviv.ua/statystyka/turyzm

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Tourists…

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Source: http://database.ukrcensus.gov.ua/statbank_lviv/Database/21TYRUZMGOTELI/databasetree_en.asp

Source: http://dashboard.city-adm.lviv.ua/statystyka/turyzm

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BUSINESS NETWOKING

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XVI International Economic Forum Annual event October 2016

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IBA ECA Forum 2016

Annual event In June 2016 took place in Kyiv and Lviv.

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Annual event May 2016

West Ukrainian Legal Forum

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IV Agroport West Lviv 2016

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Annual event May 2016

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V Agroport West Lviv 2017

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April 2017

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V Lviv Media Forum 2017

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Annual event May 2017

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Lviv IT Arena 2016 Annual event September 2016

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Alfa Jazz Fest (2011-2017)

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Since 2018 will be held under the name Leopolis Jazz Fest

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Supporting business

Lviv Chamber of Commerce and Industry

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Honorary Consulate for the Republic of Austria in Lviv

Union of Ukrainian Entrepreneurs

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Arzinger Law Firm

International desks Active participation in legislative reforms

100+ employees

60 + legal professionals

Industry-related specialization

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15 years of successful practice

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• Corporate/M&A: Development of optimal corporate structures for legal entities; Incorporation of businesses, etc.

• Tax: Advise on corporate taxation in Ukraine and abroad, on contractual and corporate business structuring and restructuring for purposes of tax optimization, etc.

• Finance and Currency Control: Advising on the options of financing of the subsidiary companies, Advising on the peculiarities of currency control restriction on , i.e. – payment of dividends to non-residents, limitations of the National Bank of Ukraine , etc.

• Real Estate: Conducting legal due diligence of the property; support in the acquisition of RE objects and land plots; Transaction structuring; Establishing project entities and joint ventures, etc.

• Employment: Consulting on organization of company’s management and limitation of powers of company’s directors; Drafting labour agreements and contracts with management employees, providing legal support in the process of obtaining of work permits by foreigners, etc.

Areas of Legal Support

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• Antitrust and Competition: verification of antitrust compliance, economic analysis and studies, advising and representing investors in cases concerning dominance, unilateral practices and discriminations, representing investors in all antitrust and trade disputes and investigations, etc.

• Trade: trade structuring, supporting compliance with customs rules, structuring international transactions, etc.

• Regulatory: legal support in all aspects arising in the process of obtaining of all necessary licenses and permits required for the proper operation of the investor, cooperation with the state authorities, etc.

• Dispute Resolution: legal support in pre-court settlement of disputes and mediation, representation before the national Ukrainian courts in all instances, foreign courts, international commercial courts, investment arbitral tribunals and European Court of Human Rights, support in insolvency proceedings, enforcement of court judgments, including recognition and enforcement of foreign court judgments and arbitral awards, etc.

Areas of Legal Support

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Mr. Markian Malskyy is a Honorary Consul of the Republic of Austria in Lviv, attorney-at-law, PhD, Partner and Head of the West-Ukrainian Branch at Arzinger Law Office. Mr. Malskyy specializes in providing of legal support in investment projects (involvement of foreign investors, real estate, commercial and corporate law matters) as well as representing clients’ interests before judicial authorities of Ukraine and dispute settlement under the procedures of commercial and investment arbitration. He has extensive experience in supporting of foreign-economic activity, foreign structuring of holdings, import/export, tax, customs disputes, real estate and construction. Mr. Malskyy was shortlisted to the main most prestigious world legal ratings such as Chambers Global, Chambers Europe, Best Lawyers and Legal 500 in the section "Dispute resolution: Ukraine", becoming one of few recognized lawyers from Ukraine. Within the special Business Focus issue dedicated to law firms Kyiv Post named Markian Malskyy one of the five “rising stars” on the legal market in Ukraine among the mst successful lawyers in the key business sectors. In 2017 Mr. Malskyy was recommended by The Legal 500 Europe, Middle East & Africa in the section "Dispute resolution: Ukraine“. Recently Mr. Malskyy has been awarded the Lawyer of the Year prize in the area ”International Arbitration” by the Best Lawyers ® 2018 legal rating and also Mr. Malskyy was recommended in such legal areas as Arbitration And Mediation, Dispute Resolution, Real Estate, Corporate and M&A.

Markian Malskyy

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Head Office of Arzinger Senator Business Center, 32/2 Moskovska St., Kyiv, 01010, Ukraine Теl.: +38 (044) 390-55-33 Fax: +38 (044) 390-55-40 West Ukrainian Branch of Arzinger 6/1 Generala Chuprynky St. Lviv, 79013, Ukraine Tel.: +38 (032) 242-96-96 Fax: +38 (032) 242-96-95 South Ukrainian Branch of Arzinger Pokrovsky Business Center, 33 Zhukovskogo St. Оdessa, 65045, Ukraine Теl./Fax: +38 (048) 711-74-74 [email protected] www.arzinger.ua We are looking forward to our future cooperation!

Key Contacts: Markian Malskyy, Partner, Head of West Ukrainian office [email protected]

Our contacts