On 7 January 2026, an online portal for submitting investment projects to the United States–Ukraine Reconstruction Investment Fund officially opened. The launch marks the Fund’s move into the operational phase and the start of its active investment activities.
Ukraine Establishes an Interagency FDI Screening Commission
Today, the Ukrainian Government has adopted a resolution establishing an Interagency Commission on the Screening of Foreign Direct Investment ("Commission). This decision of the Government aims to introduce a mechanism for assessing the impact of foreign direct investment ("FDI") on Ukraine’s national security under the conditions of martial law.
Changes in the Regulation of Marketing Services in the Field of Circulation of Medicinal Products
The Government of Ukraine has approved Resolution No. 1759 of the Cabinet of Ministers of Ukraine, dated 26 December 2025, which enters into force on 30 December 2025 and establishes a new procedure for the provision of marketing and promotional services related to medicinal products at the retail level (pharmacies).
Ukraine’s New PPP Law Signals a More Predictable Investment Environment
Ukraine’s new Law on Public Private Partnership, which entered into force on October 31, 2025, arrives at a moment when international investors are watching the country with both interest and caution. As reconstruction needs continue to rise, Ukraine’s ability to attract foreign capital will depend heavily on whether the legal and economic environment feels predictable enough for long-term commitments. The updated PPP framework is designed to send precisely that message: Ukraine intends to create a modern, commercially oriented system capable of supporting complex infrastructure projects and blended financing models.
Asters Advises AIRO on Establishing Transatlantic Defence Joint Venture with Nord-Drone
Asters has advised AIRO Group Holdings on establishing a transatlantic defence joint venture with Ukraine-based Nord Drone Group.
AMC Restarts War-Time Merger and Concerted Practice Filings Review - Earlier than Expected
The Antimonopoly Committee of Ukraine (AMC) has issued an important update for parties who filed merger or concerted practice notifications during the early months of the war.
Ukraine Is Working on Establishing the Legal Framework for the Development of Small Modular Reactors
On 29 October 2025, the Ukrainian Parliament registered Draft Law No. 14164 «On Amendments to Certain Legislative Acts of Ukraine Regarding the Fundamentals of Implementing Small Modular Reactors (SMRs)», aimed at creating a legal framework for the development of small nuclear generation and attracting private investment in the sector.
Defence Industry News Review: Launch of Build in Ukraine, Simplification of the Procurement Procedure for Tactical UAV and EW Systems Components
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.
