Russia’s full-scale invasion has seriously affected business within Ukraine. The National Bank of Ukraine (NBU) estimated that, as of May 2022, capital losses from the destruction of enterprises, residential buildings and infrastructure amounted to US$100 billion – equivalent to 50 percent of the country’s GDP for 2021.

However, despite continued challenges, disrupted business processes are largely back on track, and some sectors, such as information technology, are even showing growth.

Below are key considerations that should be taken into account today during a global reorganization transaction involving businesses in Ukraine.

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