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Konnov & Sozanovsky - Food Industry

Konnov & Sozanovsky – a results-oriented approach to law

The food industry is one of the most rapidly developing branches of Ukrainian industry. Not only is there a constant increase in production, but the quality of food products and their range is also increasing. There positive changes are occuring due to the country’s economic development as well as due to the substantial foreign and domestic investments in food industry, implementation of foreign experience, technology of production and new food ingredients.

Over the past 2-3 years, the net incomes and expenditures of Ukrainians increased by approximately 20% annually, which definitely contributed to the development of Ukrainian food industry. Additionally, the influence of the Western market has substantially modified the consumption preferences of Ukrainians. The consumption of enriched products, convenience foods, chilled fruits and vegetables, yoghurts and other innovative milk products, non-traditional spirits etc. is gradually growing.

The market of food supplements and ingredients is one of the most dynamic and rapidly developing in the international food industry. Presently, the production of food supplements and ingredients substantially surpasses the production of ordinary food products per capita. Due to the low trade barriers in the market of food supplements and ingredients the Ukrainian companies are under serious competition pressure of foreign companies which in fact dominate in Ukraine. The major exporters are British, Belgian, French, German, Danish, Dutch and Russian companies. Generally, the food supplements and ingredients market may be regarded as quickly developing and one of the most attractive for foreign as well as domestic investors.

Konnov & Sozanovsky's lawyers advise on the following food industry related issues: business start-ups and business activity peculiarities in Ukraine, business optimization schemes; drafting of the agreements and negotiation of the terms and conditions thereof; due diligence of sales, services, lease, loan, investments, franchising, leasing agreements; product liability; customs clearance, customs duties optimization; optimizing business in view of business risks and applicable taxes; drafting of loan agreements to be entered into with foreign lenders, registration of loans with the National Bank of Ukraine.

Leading Lawyer Key Practice Office Position  
Gluhovskaya, Tatiana Intellectual property law Kiev (Ukraine) Managing partner
Hvaley, Anastasiya Corporate law Nicosia (Cyprus) Head of office
Konnov, Sergei Corporate law Kiev (Ukraine) Senior partner
Marks, Ronald Competition law Kiev (Ukraine) Partner
Popko, Helen Corporate law Kiev (Ukraine) Senior associate
Pustovit, Alexey Ñompetition law Kiev (Ukraine) Senior associate
Semeniy, Julia Intellectual property law Kiev (Ukraine) Senior associate

02.09.2007

Konnov & Sozanovsky protects a world-known confectionary producer from unfair competition

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