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Konnov & Sozanovsky - Privatization

Konnov & Sozanovsky – a results-oriented approach to law

Privatization in its broad meaning is the process of abolishing a state monopoly in production and forming favorable conditions for private sector development. Privatization in Ukraine, despite violations during its process, has already fulfilled all its main tasks. As a result a critical mass of private enterprises was created, which established the major market relations in the national economy.

In this regard the necessity of effective state and communal property management is quite obvious. That is why establishment and management of a single register of objects of public and communal domain, management of corporate rights and lease of public and communal domain are the essential elements of such market management.

Presently, the structure of asset management in state and communal sectors of the economy fails to provide an effective use of state and communal property. In addition, the subjects of privatization relations run into problems, directly arising from infringements committed in the process of privatization and in subsequent implementation of privatization terms, which exposes them to risks and limitations in the subsequent use of privatized objects.

Konnov & Sozanovsky's lawyers advise clients on the different aspects of privatization activities, provide legal support of transactions and legal work with privatized objects. Our clients succeed to avoid risks and undesirable legal consequences in the field of privatization.

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
Pustovit, Alexey Ñompetition law Kiev (Ukraine) Senior associate

05.10.2004

Privatization of real estate objects

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