Recovery of Ukraine
Supporting business resilience and
strategic investment in Ukraine
Ukraine remains a region of both extraordinary resilience and ongoing uncertainty. The war continues to affect infrastructure, governance and the economy. At the same time, companies maintain operations, new investors are entering the market and preparations for reconstruction are already under way. For businesses engaged in or looking towards Ukraine, three distinct phases are shaping strategic decision-making: managing current operations, identifying investment opportunities during the war and preparing for long-term involvement in the country’s recovery.
Drawing on long-standing regional experience – including in markets that have undergone major political and economic transformation – and a dedicated presence in Kyiv, Wolf Theiss is well positioned to provide legal insight across each of these phases.
Operating in
Ukraine today
Businesses with an existing presence in Ukraine continue to face considerable operational challenges. The war, combined with regulatory adjustments and logistical disruption, demands flexibility and a clear understanding of the local legal environment. Maintaining continuity, protecting assets and ensuring compliance remain key priorities in a highly dynamic context.
Strategic investment
during uncertainty
Despite ongoing instability, Ukraine offers a distinctive opportunity for long-term positioning. Companies prepared to invest during this transitional period may gain early access to local partnerships, establish operational footholds and benefit from first-mover advantages. Strategic engagement at this stage requires careful structuring and a forward-looking legal approach.
Preparing for
reconstruction
Ukraine’s reconstruction will be both extensive and complex, spanning infrastructure, housing, energy, healthcare, education and institutional reform. Significant capital will be mobilised and legal frameworks are expected to evolve in parallel. Businesses planning to participate in this process are already assessing how to align their strategies with emerging national and international priorities.
Our experts
Wolf Theiss' dedicated professionals are ready to assist clients in navigating the complexities of Ukraine's evolving business environment:
For more information on our experts, please visit our Ukraine office page.
Current insights
Stay informed with our latest analyses and updates
The art of the rare earth deal: Is the devil in the details?
Are mineral rights deals a hidden risk for investors? With the recent discussions surrounding the U.S./Ukraine critical minerals agreement, the potential benefits seem clear—but the long-term legal and geopolitical implications cannot be ignored. History has shown that nationalisation can turn the tide on seemingly secure deals, as seen in Bolivia’s lithium industry. What lessons should investors and policymakers learn to navigate these high-stakes negotiations? Wolf Theiss partner Nicholas Coddington examines this issue and explores the risks and strategies for protecting investments in this detailed client alert.
Podcasts
Listen to our latest discussions on Ukraine's recovery
Recovery of Ukraine: Business perspectives in Ukraine
How are foreign companies navigating business in wartime Ukraine? In the second episode of our Recovery of Ukraine series, Olga Ivanova speaks with Georg Weingartner, Austrian Commercial Counsellor in Ukraine, about the realities foreign businesses face. They explore how companies are adapting, the support Austrian firms need and key legal and operational strategies for resilience. Tune in for expert insights on Ukraine’s evolving business landscape.
Recovery of Ukraine: Opportunities for investors
In the first episode of our Soundshot series, Recovery of Ukraine, Olga Ivanova and Taras Dumych discuss how Ukrainian and international companies are navigating legal and operational complexities during the ongoing war. They explore emerging investment opportunities, resilient growth sectors and practical strategies for business continuity.
Access our podcasts on our Podcasts page
Restructuring Ukraine
As the situation in Ukraine continues to evolve, so do the topics we explore. Initially, our focus was on the restructuring of Ukraine, covering key areas such as the corporate landscape, investment outlook and rebuilding efforts. While our current discussions centre on Ukraine’s long-term recovery, you can still discover additional valuable insights by visiting our Restructuring Ukraine page.