Oxana Balayan

Oxana Balayan


Email oxana.balayan@​hoganlovells.com

Phone +7 495 933 3016

Fax +7 495 933 3001

LanguagesEnglish, German, Russian

Practice groupCorporate & Finance

Oxana Balayan "brings not only a wealth of knowledge and experience to deal with our transactional challenges, but also staffs our deals with the best lawyers"

Chambers Europe, Corporate/M&A – Russia, 2017

Oxana is a modern dealmaker and a star lawyer focusing on cross-border M&A and a full spectrum of corporate work. She is the 'advisor of choice' when it comes to complex domestic and international transactions or critical operational issues. Oxana has worked on more than 100 announced or completed M&A deals with a total transaction value exceeding U.S. $50bn.

With over 20 years of unique multi-jurisdictional experience, Oxana is one of the most recognised and experienced transactional lawyers in Russia. She has a creative and thorough approach to problem-solving with an excellent grasp of corporate finance, regulatory, compliance, governance and antitrust issues. Oxana's portfolio consists of transformative deals across a variety of industries including media, technology, telecoms, retail, financial institutions, automotive and many others.

Clients benefit from Oxana's strong international background which includes her dual qualification in Russia and England & Wales and work in international offices including in Germany. Oxana heads the Russian Corporate & Finance practice group of the firm. Clients describe her as 'commercially focused' (Legal 500, 2014) and praise her for the 25/8 service.

In 2016 Oxana was awarded the inaugural Hogan Lovells' Innovation Award 'Innovative Individual'. The international jury composed of General Counsel of Airbus Group, Uber, ITV plc as well as representatives of  University College London, RSG Consulting, The Advisory Board Company and Financial Times.

Watch Oxana's TV and radio interviews: "Women Talk" (available in Russian with English subtitles) on the World Business Channel (2016) and "PROmotion" (available in Russian) on the Radio Mediametrics (2018) on Oxana's professional and personal achievements, diversity and secrets of success for female professionals.

Awards and recognitions


TMT (Russia), Recommended
Legal 500 EMEA


Real Estate and Construction (Russia), Recommended
Legal 500 EMEA


Commercial, Corporate and M&A: Moscow, Russia, Leading Individuals
Legal 500 EMEA


Commercial, Corporate and M&A: Moscow, Russia, Recommended
Legal 500 EMEA


Acritas Star
Acritas Stars Independently Rated Lawyers

2012 - 2019

Corporate/M&A (Russia)
Chambers Global


Commercial, Corporate and M&A (Russia), Leading Individual
Legal 500 EMEA

2009 - 2019

The Best Lawyers in Russia, Corporate, M&A, Private Equity, TMT


Legal 500 EMEA

2011, 2013 - 2016

Finalist at Euromoney European Women in Business Law Awards as best in M&A in Europe


Dealmaker of the Week
The American Lawyer in December

Education and admissions


Executive Education, Harvard Business School, 2000

Ph.D., University of Regensburg, 1996

LL.B., Lomonosov Moscow State University, 1992


Daimler-Benz Fellow

Bar admissions and qualifications

Solicitor, England and Wales


Representative experience

Discovery Communications on a JV with Russia's National Media Group.

Moscow Credit Bank Capital on €500m sale of Veropharm to Abbott Group, Russia's largest foreign takeover in 2014.

A&NN Capital Fund Management, controlled by the prominent Russian businessman Alexander Mamut on US$1.2bn sale of 50.1% of shares in Euroset.

Advising X5 Retail Group, Russia's second-largest food retailer on strategic expansion including US$1.65bn acquisition of Kopeyka, the largest acquisition in Russian retail sector.

Rostelecom, Russia's largest telecoms company on US$1.3bn acquisition of National Telecommunications Company (NTK) operating broadband Internet and digital TV.

Russia's top 10 development company on acquisition of the Four Seasons hotel (former legendary Moskva hotel) at the Red Square.

Otkritie Financial Corporation, one of the leading financial institution in Russia, on US$100mn sale of a minority stake to IFC.

Sinara Group, Russia's major diversified holding, on two strategic JVs with Siemens AG in the transportation sector including for Sochi 2014 Olympics.

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