PRESS RELEASE
Aug 09, 2012

Vasil Kisil & Partners advise China's largest producer of electrolytic manganese Hubei Changyang Hongxin Industrial Group Co., Ltd. on acquiring and developing the manganese deposit in Ukraine with planned capacity of manganese ore extraction close to 5 million tons per year and approximately 200 thousand tons per year production of electrolytic manganese. The total investment will exceed US$ 1 billion. The project is designed as a phased implementation over the next 10 years.

Vasil Kisil & Partners advise Hubei Changyang Hongxin Industrial Group, inter alia, on acquiring shares in the Ukrainian company, which has special permits for the development of the deposit, preparing the purchase contract and other transaction documents and negotiations with Ukrainian partners.

VKP is also providing on-going legal support to Hubei Changyang Hongxin Industrial Group on all regulatory issues concerned, including the procedure for obtaining necessary permits and approvals to develop the deposit, construction of mine and processing plant, land acquisition issues, the injection of foreign investment, as well as other current matters of business operation.

VKP's team working on this project includes partners Oleg Alyoshin and Alexander Borodkin, supported by senior associate Vladimir Igonin.

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For more details please contact Yuliya Chervonookaya,
Head of PR/BD Department
Tel.: +380 44 581 7777
E-mail: pr@vkp.kiev.ua
About the Firm
Established in 1992, Vasil Kisil & Partners is a Ukrainian law firm that delivers integrated legal advice in banking & finance, mergers & acquisitions, capital markets, antitrust, competition and trade, dispute resolution, tax law, energy and natural resources law, intellectual property law, labor and employment law, real estate and construction law, as well as PPP, concessions and infrastructure law.

The firm`s clients include such world-known companies as Alpcot Agro, Africa-Israel Group, Astellas Pharma, BASF, Bayer Consumer, BNP Paribas, British American Tobacco, Central European Media Enterprises, Coca Cola, Credit Agricole Group, Danone, Dell Inc., Du Pont, Energy Standard Group, Eurosport, Google, IKB Deutsche Industriebank, LG Electronics, Leroy Merlin Ukraine, Lukoil, Metso Automation Oy, Moody’s, Mott MacDonald Limited, NCH Capital, Novacke chemicke zavody, Opel, Philips, Pioneer, Red Bull, Russian Standard Bank, St. Sophia Homes, SEB AB, SEB Group, Swedbank AB, Seven Hills, Shell, Standard Charted Bank, Tchibo, UniCredit Group, Vanco International / Vanco Energy, Volkswagen, VympelCom, YouTube.