The Ukrainian Journal of Business Law

[https://lhs.net.ua/en/] Counse link ANTIKA Law Firm 12, Khreshchatyk street, 2-nd floor, Kyiv , 01001 , Ukraine Phone: +38 (044) 390 09 20 Fax: +38 (044) 390 09 21 office@antikalaw.com.ua www.antikalaw.com.ua/en Arzinger Senator Business Center, 32/2 Moskovska street, 10th floor, Kyiv , 01010 , Ukraine Phone: +38 (044) 390 55 33 Fax: +38 (044) 390 55 40 mail@arzinger.ua www.arzinger.ua Asters Leonardo Business Center, 14th floor, 19-21 Bohdana Khmelnytskoho St., Kyiv , 01030 , Ukraine Phone: +380 44 230 6000 Fax: +380 44 230 6001 info@asterslaw.com www.asterslaw.com DLF attorneys-at-law Torus Business Centre, 17d Hlybochytska Street, Kyiv , 04050 , Ukraine Phone: +380 44 384 24 54 Fax: +380 44 384 24 55 info@dlf.ua www.dlf.ua GOLAW 19B Instytutska Street, Office 29, Kyiv , 01021 , Ukraine Phone: +38 (044) 581 12 20 Phone: +38 (044) 581 12 21 Fax: +38 (044) 581 12 22 info@golaw.ua www.golaw.ua Ilyashev & Partners 11 Kudryavska Str, Kyiv , 04053 , Ukraine Phone: +38 (044) 494 19 19 Fax: +38 (044) 494 19 99 office@attorneys.ua www.attorneys.ua Inyurpolis law firm (ILF) 14-A †Skrypnyka Street, Kharkov , 61057 , Ukraine Phone: +38†(057)†728 00 00 Fax: +38†(057)†714 06 28 office@ilf-ua.com www.ilf-ua.com Konnov & Sozanovsky 23 Shota Rustaveli Street, Suite 3, Kiev , 01019 , Ukraine Phone: +380 (0) 44 490-5400 Fax: +380 (0) 44 490-5490 info@konnov.com www.konnov.com LCF Law Group 47 Volodymyrska street, Office 3, Kyiv , 01034 , Ukraine Phone: +38 (044) 455 88 87 Fax: +38 (044) 502 55 23 info@lcfgroup.com.ua www.lcfgroup.com.ua/en/ Sayenko Kharenko 10 Muzeyny Provulok, 7th floor, Kyiv , 01001 , Ukraine Phone: +380 44 499 6000 Fax: +380 44 499 6250 info@sk.ua www.sk.ua CURRENT ISSUE ( March 2018 ) In focus – Retail & FMCG The rapidly changing world of technologies, our addiction to the Internet and changes in consumer lifestyles are all shifting the business of manufacturers, distributors and retailers. The goal is to achieve growth objectives and improve effectiveness that requires them to be responsive, flexible, innovative and prompt in introducing changes. Expert Opinion Activity of the AMCU in Retail & FMCG Sergey Den≥senko, Igor Kala≥da Retail and FMCG companies affect most Ukrainian customers, and their pricing policies have the potential to impact the budget of any household in the country. Therefore, there is nothing strange about the fact that the Antimonopoly Committee of Ukraine has always paid great attention to businesses operating in retail and FMCG sectors. In Re Most Favored Nation Clauses in Commercial Contracts: the Devil in Disguise? Tet≥ana Vovk Most favored nation clauses (MFNs) have been recently catching increasing attention from competition authorities across the globe. Typically, MFNs are vertical arrangements whereby the supplier undertakes to offer to the purchaser the most favorable terms available to its other purchasers. Hassle-Free Acquisition of Commercial Real Estate Elena Kalinina , Anton Z≥nchuk According to the Property Times 1 site, in 2017 the Ukrainian economy started showing signs of recovery. This precipitated an increase in consumer demand in the country by more than 7% and led to changes in expansion strategies among retailers. While in 2016 key retail chains were only carrying out one-time projects on opening new outlets, the year 2017 was marked by continued systematic expansion of chains. News Deals AEQUO acted as counsel to EBRD Asters advised rail operator Ukrzaliznytsia AVELLUM advised PJSC Commercial Bank Center † Cases USA imposed fine totaling USD 70 million on Deutsche Bank Netherlands took to EU Court matter on rights of British post-Brexit Austria initiated investigation into fraudulent scheme involving Bitcoin Appeal petition by Privatbank dismissed Draft Development of liquid biofuels market State supervision in economic activities field MPs proposed updating procedural codes † Law digest Credit Registry Approval of land management outside settlements Improved procedures for supervision over registration of shareholders and participation in general meeting Banks to disclose more information Biznews E-commerce European Parliament simplified online purchases in EU AMCU AMCU recognized lottery industry regulation to be inefficient Banking & Finance Banks began banning customers from buying crypto currencies with credit cards Capital Markets List of stock exchanges, which participants will be eligible to get permit to work in Ukraine, is updated Infrastructure General Electric to produce railroad engines in Ukraine Tax Cabinet of Ministers excluded three countries from offshore list Trade Policy Export Credit Agency Cybersecurity Organizations at high risk of cyber attacks Chamber News American Chamber of Commerce in Ukraine held 2018 Annual Members Appreciation Reception The American Chamber of Commerce in Ukraine held its Annual Members Appreciation Reception on 1 February, which gathered 400+ distinguished guests, namely Chamber members, state officials, partners and friends of the Chamber. Cover Story Moving Fast Our country is one of the largest consumer markets in Central and Eastern Europe. It follows global trends where the driving force is ever growing internationalization. This forms a broad agenda of legal issues to address, and certainly cover, perhaps almost all areas of law. This fast moving and highly competitive sector requires an equally fast and smooth legal background on the ground. We discussed what the main challenges of FMCG in Ukraine are, and what is behind the scenes on the path to the customer, with Dmytro Govorun , commercial director of TCM Group Ukraine . Argument Cosmetics Labeling in Ukraine: Challenges and Possible Solutions Iryna KRAVTSOVA, Sergiy PIDTILOK European integration is a key foreign policy priority of Ukraine. This process requires not only systematic socio-economic reforms in Ukraine but also adaptation of local legislation to legislative norms of the European Union. Adaptation of local legislation is rather considerable and topical as it is tightly connected not only with the creation of a legal base for joining the European Union but achieving other important national targets. Business Lunch Main Asset The Ukrainian legal market is not saturated by international law firms. This is a reasonable outcome of its economic development as FDIs that always empower international outfits are far from the desirable level. Meanwhile, those offices operating in Ukraine are constantly at the high-end tier, finding themselves enlisted for cross-border mandates. Big internationals bring their standards of legal work and running business, policies and strategies. Crux Legal Digest Over the last few months the public authorities have taken a number of important decisions and nominated many legislative initiatives. In this issue, the UJBL editorial team has enlisted the help of experts to comment on the latest changes and the large number of proposed drafts. Our latest digest includes, to a large extent, initiatives and already adopted laws that touch upon companies with limited and additional liability, auditing activities, energy market, strategy for reforming state supervision, aviation practice and more. † Subscribe Subscribe to The Ukrainian Journal of Business Law right now and enjoy the most relevant issues on doing business in Ukraine on your device or in print. All this for just USD 9.99 a month. Sign In E-mail Password Remember Me Reset password Subscribe/Register HOME CURRENT ISSUE SUBSCRIBE & ORDER NEWS ANALYTICS SPONSORSHIP & ADVERTISING GET PUBLISHED EDITORIAL CALENDAR ARCHIVE CONTACT HOME CURRENT ISSUE SUBSCRIBE & ORDER NEWS ADVERTISE GET PUBLISHED EDITORIAL CALENDAR ARCHIVE CONTACT BANNER EXCHANGE Copyright © 2003-2017 by Yuridicheskaya Practika Publishing. All rights reserved.