On 22 October 2025, the Ministry of Defence announced the official launch of the government's Build in Ukraine initiative.
Asters at 30: Built on People, Purpose, and Perseverance
Marking three decades in business, Asters Managing Partner Oleksiy Didkovskiy looks back on the firm’s journey from a small Kyiv startup to Ukraine’s largest full-service law firm.
Asters Offers Pro Bono Support to UAnimals
Asters has been providing pro bono legal support for UAnimals, including advocacy for animal rights, the development of legislative initiatives, and the provision of legal protection.
Asters Successful for Riverside Development Regarding New Podil Project
Asters has successfully defended Riverside Development in multiple disputes related to the New Podil project, developed in partnership with Saga Development and Perfect Group.
The Law ‘On Lobbying’ Entered Into Force in Ukraine
On 1 September 2025, the Law of Ukraine No. 3606-IX “On Lobbying” entered into force. From now on, any activity falling under the definition of “lobbying” may only be carried out subject to prior registration in the Transparency Register, administered by the National Agency on Corruption Prevention (NACP). The Register has already been launched and is available for use here.
Mineral Deal Update: Ukraine Launches PSA Tenders for Two Oil & Gas Blocks
On 13 August 2025, the Ukrainian Government announced competitive tenders for the conclusion of Production Sharing Agreements (PSAs) concerning two oil and gas blocks in Western Ukraine: the Svychanska and Mezhyhirska blocks. These tenders are conducted in accordance with the Law of Ukraine "On Production Sharing Agreements" and in alignment with the U.S.-Ukraine agreement establishing the Reconstruction Investment Fund — commonly referred to as the Mineral Deal.
Law on Special Legal Regime for Defence Industry Enterprises “Defence City” Has Been Adopted
On 21 August 2025, the Parliament of Ukraine adopted a package of draft laws introducing a special legal regime for defence industry enterprises, known as Defence City.
The Ukrainian Parliament Takes the First Step Towards Improving Competitive Conditions for Electricity Generation from Renewable Sources
On 21 August 2025, the Parliament of Ukraine adopted a draft law No. 13219 as a basis, which proposes to improve competitive conditions for electricity production from alternative energy sources. The document aims to reform the auction model for supporting green electricity producers, which was introduced in 2019 and will come into effect in 2024 as an alternative to the green tariff.
Asters Represents Lina Kostenko in Copyright Dispute over Planned Poetry Events in Ukraine
Asters has represented Ukrainian writer and poet Lina Kostenko in a copyright matter concerning planned poetry concerts in Lviv and Kyiv.
Full-Scale Launch of the e-Consul System: A New Digital Era of Consular Services Abroad
The "e-Consul" information and communication system is one of the key pillars of Ukraine’s digital transformation in the field of consular services for its citizens abroad. The legal basis of the system is Resolution No. 945 of the Cabinet of Ministers of Ukraine, which came into full force on 01 January 2025. It defines the core stages of the system’s rollout, aimed at automating the majority of consular procedures and significantly reducing service time through integration with national registries.
Increase of the Reservation Limit for Employees of Critically Important Enterprises Operating in Areas of Hostilities
Resolution of the Cabinet of Ministers of Ukraine No. 991 dated 13 August 2025 supplements the Procedure for Reserving Conscripts During Mobilisation and Martial Law with paragraph 8-1. It stipulates that critically important enterprises, whose registered location is determined and which in fact conducts activities in the territories of possible/active hostilities where the date of cessation of the possibility of hostilities (the date of termination of hostilities) has not been determined, may reserve up to 100% of their conscripted employees.
The Corner Office: The BD/Billable Ratio Sweet Spot
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: What is the ratio between business development activities and billable hours for Partners within your team, on average?
Asters Represents Oschadbank in Investment Arbitration Claim Against Russia
Asters, working alongside lead counsel Quinn Emanuel Urquhart & Sullivan, has represented Oschadbank in its latest legal action against the Russian Federation, seeking compensation for investment losses in the temporarily occupied territories of Donetsk, Luhansk, Kherson, and Zaporizhzhia regions of Ukraine.
Asters Represents PrivatBank in USD 2 Billion Litigation
Asters, working with Hogan Lovells, has represented PrivatBank in multi-billion-dollar litigation against its former owners, Ihor Kolomoisky and Gennadiy Bogolyubov, before the High Court of Justice in London.
NBU Introduced a New Package of Foreign Currency Restrictions Easing
On 6 August 2025, amendments to the National Bank of Ukraine's (NBU) Resolution No.18 came into force. Approved by Resolution No.95, they introduced a new stage of foreign currency liberalisation. The changes are intended to support export-oriented enterprises, the jewellery sector, importers and to expand the possibilities for risk hedging operations and the performance of external debt obligations.
Open Banking to Launch in Ukraine on 1 August 2025
The National Bank of Ukraine (the "NBU") has given the green light to open banking in Ukraine by adopting the relevant Regulation on Open Banking in Ukraine by Resolution of the NBU Board No. 80 on 25 July 2025 (the "Regulation"). Thus, the NBU has taken the final steps towards implementing the provisions of EU Directive 2015/2366 (PSD2) on payment services and Chapter 4 "Procedure for gaining access to user accounts by payment service providers (open banking)" of Section IV of the Law of Ukraine "On Payment Services".
Amendments to the Authority of Local State Administrations Regarding the Designation of Enterprises as Critically Important
By Resolution No. 847 of 14 July 2025, the Government amended the Criteria and Procedure for designating enterprises, institutions, and organizations as critically important for the functioning of the economy and the maintenance of vital public life during extraordinary periods (the "Criteria").
Ukraine Streamlines Rules on Communication with Employees During Martial Law and Suspension of Employment Relations
On 14 June 2025, Law of Ukraine "On Amendments to the Law of Ukraine "On the Organisation of Labour Relations under Martial Law" Regarding Information Exchange and Suspension of Employment Agreements" (the "Law") entered into force.
