Kyiv, Ukraine, 8 December 2021 - Baker McKenzie's Kyiv office advised the State Property Fund of Ukraine on the successful privatization of the integral property complex of State Enterprise "Electronmash," which was sold at auction on 12 November 2021 with a winning bid of UAH 970 million (approximately USD 35.440 million).
Baker McKenzie's work within this project included a legal audit of State Enterprise "Electronmash" property and the preparation of a related legal due diligence report, which was provided to the potential investors.
The project was implemented with the support of the American people through the United States Agency for International Development (USAID) under the Competitive Economy Program.
The Baker McKenzie team was led by Kyiv Managing Partner Serhiy Piontkovsky, who was supported by Kyiv Senior Associate Nataliya Tyschenko and Associate Andrii Levchenko.