Privatization

Since 1991 we have assisted both private and government-financed clients with numerous privatization-related projects, including but not limited to Commerzbank, Credit Commercial de France, ROBERT FLEMING & CO., and a Western European electricity company. In all, we have participated in privatization projects in the fields of soda production, cement production, cardboard manufacturing, electricity, among others.

In 1993, Frishberg & Partners was involved in both large and small-scale privatization in Ukraine. Initially, we assisted a consortium headed by Sinclair Roche & Temperley, involving the corporatization, privatization and restructuring of UkrRichFlot (The Ukrainian River Fleet), a project financed by the European Bank for Reconstruction and Development. Our efforts in this regard included restructuring the enterprise as a holding company with numerous sub-units.

Later, the EBRD asked our firm to create both a privatization plan and a corporate profile for the “Selmi” factory, a 7,000-employee, military-conversion enterprise with five production profiles, ranging from water pistols and cigarette lighters to electron microscopes and high-resolution optics. A French investor was interested in two of these production profiles and wanted to know what this state-owned enterprise held in terms of assets and liabilities, an approximate valuation, as well as a recommended methodology for privatization.

The UK Know-How Fund selected our firm, along with Ernst & Young and Food & Agriculture International, to both privatize and restructure 10% of the wholesale and retail distribution of fruits and vegetables in the Kiev Region. As part of our engagement, we were required to interview the management at six state-run wholesale distribution warehouses, as well as the directors of over ninety retail produce shops. Ultimately, four distribution warehouses and forty retail shops were included in the project. Of these, four warehouses and thirty five shops were transferred from state to private ownership.

Frishberg & Partners also played an active part in the development of mass privatization in Ukraine. We were asked by Price Waterhouse to advise on reconciliation of USAID’s vision of mass-scale privatization with the prevalent legislation. Our work with Price Waterhouse resulted in the introduction and distribution of Ukrainian privatization certificates.

 

“Emilceramica appreciates Frishberg & Partners' professional collaboration in supporting the project "Joint Venture Zeus Keramik" with Ukrainian participation. In this regard, Emilceramica hopes to have Frishberg & Partners' assistance in future.” 

Dr. Efrem Montepietra, Emilceramica SpA

Read all 


"We hired Frishberg & Partners to analyze certain issues in the Ukrainian legislation in the process of acquiring a company in Ukraine and were very happy with the services we received. All your lawyers we worked with are extremely professional, competent and helpful. Thank you for a job well done."

Dmitriy Kasyanenko, Vimpel Communications

Read all 


 “You did an excellent job for Joss Chemicals BV, and you prepared an excellent report on our behalf.  This was very positive for us, and it allowed us to set up our business in Ukraine.  Now we are actively pursuing this business thanks to your excellent lawyers.” 

Jan Huijbregts, Joss Chemicals BV

Read all 


"Mr. Alex Frishberg Esq. and his associates at Frishberg & Partners have for years, including during my predecessors, provided invaluable and highly qualified legal advice and services to the Embassy of Sweden in Kyiv. We have especially appreciated Mr. Frishberg's and his law firm's support on matters concerning real estate, including by conducting negotiations on our behalf, and on a range of other issues..."

Stefan Gullgren, Ambassador, the Embassy of Sweden in Kyiv

Read all 


"…Mr. Alex Frishberg has been legal advisor and attorney for the Royal Norwegian Embassy in Kyiv since 1992. In this period Mr. Frishberg has assisted the Embassy in matters relating to Ukrainian property law, labour law, commercial code and other aspects of civil law. We have been happy to recommend his and his law firm's services to Norwegian companies that have been interested in investing or otherwise engage in the Ukrainian market, and we know that many such companies have made use of his services and with great success."

Olav Berstad, Ambassador, the Royal Norwegian Embassy in Kyiv

Read all 


"Since 2008 Alex Frishberg is the Legal Adviser on the Belgian Embassy and gives the Embassy of Belgium timely and helpful advice, on important legal issues. These includes property and human resource questions as well as other issues associated with running a busy Embassy in Kyiv.
We value this help."

Mark Vinck, Ambassador, the Embassy of Belgium in Kyiv

Read all 


 “We are very satisfied with the services of your law firm and especially appreciate the quick, accurate and business- minded responses and analysis.” 

Dr. Brigitte Carbonare-Hartsleben, British Telecom Global Services

Read all 


"Alex Frishberg had been my Honorary Legal Adviser since June 2008. He also held this position for my predecessor. Alex and his team have given the embassy a range of timely and helpful advice on a broad range of important legal issues. These have included property and human resource questions as well as other issues associated with running a busy embassy in Kyiv. We have immensely valued their help. I have also been interested in Alex's views and analysis of Ukrainian institutions and politics, based on his many years of experience in Kyiv."

Leigh Turner, Her Majesty's Ambassador, British Embassy in Kyiv

Read all 


“I really appreciate the capability and professionalism of your lawyers and the efforts your company successfully put in the defense of ours. We thank you for your assistance and cooperation.”

Flavia Smiraglio, Fiat Auto S.p.A.

Read all 


“Thank you and the colleagues at Frishberg & Partners for your assistance and the very valuable input you provided.  We are all happy with the outcome of the matter that was handled well, based on a good sense of judgment, lots of wisdom, good decision making and good use of past learnings from previous experiences in this country.”  

Elias N. Ashkar, INDEVCO Group

Read all

Frishberg & Partners 2012