Maxim Dogonkin
Partner
Overview
Maxim Dogonkin is a Partner at Kosta Legal, leading the firm’s M&A, Competition and Regulatory practice. He is a recognized expert in competition law, regulatory compliance, corporate governance, and privatization, with a focus on sectors such as oil and gas, energy, infrastructure, and telecommunications.
Maxim advises both international and local companies operating in Uzbekistan on a wide range of competition law matters. He provides expert guidance on issues such as abuse of dominance, anticompetitive agreements, pricing practices, and unfair competition. With a deep understanding of Uzbekistan’s competition regulations, Maxim helps clients mitigate risks and ensure compliance with local laws while addressing the challenges posed by an evolving regulatory landscape. His approach allows clients to remain competitive and compliant, minimizing the impact of potential antitrust concerns.
In addition to his competition law expertise, Maxim advises on a wide range of corporate law matters and complex M&A transactions. He offers strategic counsel on structuring joint ventures, establishing special purpose vehicles, and corporate governance, ensuring that clients’ structures align with international best practices. Maxim is particularly skilled in managing cross-border M&A deals, guiding clients through regulatory approval processes, and securing merger clearance. His experience also extends to corporate restructurings and the acquisition of necessary licenses and permits, ensuring efficient transactions in highly regulated markets.
Maxim also advises clients on regulatory matters in key industries, including power and energy, oil and gas, and telecommunications. He helps clients navigate complex industry-specific regulations, including compliance with licensing requirements and standards. Maxim’s expertise enables clients to effectively manage regulatory risks and engage with authorities, ensuring smooth operations in these heavily regulated sectors.
Project Highlights
Voltalia (France) on bidding for, developing, and achieving financial close for the 126 MW Sarimay Solar project
Sumitomo Corporation (Japan) on its participation in a joint development and investment arrangement with ACWA Power and other international partners in connection with the acquisition of a stake in a portfolio of large-scale renewable energy projects in Uzbekistan
Electricité de France (France), Nebras Power (Qatar), Kyuden International Corporation (Japan), and Sojitz Corporation (Japan) on implementing a project for the design, financing, construction, operation, and maintenance of the 1,580 MW Syrdarya CCGT power plant
UzCarlsberg LLC (Uzbekistan) in connection with a financing package provided by the EBRD, consisting of a long-term loan facility and a concurrent minority equity investment
Global South Utilities (UAE) on its acquisition of a majority stake in Yashil Energiya LLC, a renewable energy developer engaged in the development, financing, construction and operation of distributed solar power projects in Uzbekistan
Lactalis (France) on the acquisition of Nestlé’s dairy and water production business in Uzbekistan
Awards & Recognition
Band 3, Chambers Global and Asia-Pacific 2026. “Maxim is an experienced lawyer who is responsive to the needs of the client.”
Next Generation Partner, The Legal 500 EMEA 2026. “Maxim Dogonkin supports the firm’s wider corporate capabilities.”
Capabilities
M&A and Competition
Energy
Oil and Gas
Mining
Languages
English
Russian
Qualifications
Admitted as solicitor, England and Wales, 2026
Admitted as an advocate, Uzbekistan
Education
University of East Anglia (UK), PhD in Competition Law: The All-Pervasive State and State-Owned Enterprises within the post-Soviet Space: Shaping Institutions for Improving Competition, 2022
University of Essex (UK), LLM in International Commercial Law, 2015
Westminster International University in Tashkent (Uzbekistan), BA in Commercial Law, 2013