Dmitry Viltovsky is a Managing Partner and Head of M&A and Corporate law of GRATA International BY. Dmitry is an expert in the fields of investment law and public-private partnership (PPP), project financing, corporate law, including intra-corporate conflicts.

Dmitry has extensive experience in accompanying the entry of foreign investors into the Belarusian market in various sectors of the economy, privatization of state-owned property, structuring transactions, conducting legal due diligence, making major transactions and implementing projects in real estate and construction.


  • М&А.
  • Corporate law.
  • Project Financing and Public-Private Partnership (PPP).
  • Licenses and permits.
  • Restructurisation and bankruptcy.
  • International trade and custom law, WTO law, EAEU.
Industry Sectors: 
  • Industry and commerce. 
  • Pharmacy.

  • Ranked by Chambers Europe: Leading Lawyer for Corporate Practice.
  • Ranked by Chambers Global: Leading Lawyer for Corporate Practice.
  • Lead lawyer in the field of real estate and construction, The Legal 500.
  • Lead lawyer in the field of banks, finance, and capital markets, The Legal 500.
  • Lead lawyer in the M&A field, IFLR 1000. 

  • Law Faculty of Belarusian State University 
  • Academy of Public Administration under the aegis of the President of the Republic of Belarus
  • Conduct professional activity since 2003.
  • From 1996 to 1999, Mr. Viltovsky worked as the Deputy Head of the Department for Registration of Enterprises with Foreign Investments in the Ministry of Foreign Economic Relations of the Republic of Belarus.
  • From 2003 to 2006, Mr. Viltovsky was a partner and director of the investment and law firm JUS Publicum.
  • From 2006 to 2019, Dmitry Viltovsky was a partner of the law firm “Arzinger and partners”.

  • German
  • Russian
  • Belarusian

More than 20 articles  in foreign and national publications on corporate law, M&A, legal regulation of public-private partnerships and foreign investments in Belarus.

  • Representing the interests of the Russian investor in the process of acquiring controlling stakes in state-owned sewing enterprises. 
  • Providing full legal support of the investment project on the production of dairy products in Belarus of the Swiss investor FPM Finastate Projects Management company. 
  • Accompanying € 200 million project to develop the territory of the High-Tech Park, implemented by an Israeli investment holding. 
  • Representing the interests of the Belarusian companies in the course of drafting and concluding investment agreement aimed at construction of production lines for toys for kids.
  • Providing full legal support in the course of conclusion of the investment agreement and the agreement on the establishment of a general construction object with German investor.
  • Representing the interests of international vacuum equipment producer within conclusion of an agreement with Belarusian export agency on the distribution of its equipment in the Middle Eastern countries.
  • Legal support of Belarusian engineering and production company (medical equipment) on acquisition of shares in Chinese legal entity.
  • Advising the Polish construction company in the implementation of construction projects in Belarus for a total amount of more than 200 million euros. Financing of projects is carried out with the involvement of credit funds of the Polish bank BGK.
  • Legal support for entering the Belarusian market a Spanish retailer, including support for registering legal entities in the Republic of Belarus, setting up a corporate structure, supporting the activities of Belarusian companies in all matters, as well as legal support for concluding lease agreements for offices and store premises (total area of over 8,000 m2).
  • Representation buyer’s interests on the acquisition of a majority stake in the Belarusian seller of children's clothes by Polish company (including legal DD, approval of a transaction with an anti-monopoly authority, transaction structuring, etc.)

Новости 1 - 2 of 2
First | Prev. | 1 | Next | Last All

IT-business in Belarus

IT in Belarus it is a great number of such worldwide projects as: Viber, which is one of the top five most downloaded messaging apps, Juno, MSQRD applications, offline maps, one of the most popular online games called “World of Tanks” and many more. 

The Dialogue between the West and the East - the China-Belarus Great Stone Industrial Park

2010 the cooperation agreement on the establishment of the China-Belarus Industrial Park in the territory of the Republic of Belarus was signed between the Ministry of Economy of Belarus and the Chinese Engineering Corporation CAMC (CAMCE). The China-Singapore Suzhou Industrial Park has become the prototype of the China-Belarus Industrial Park.

Новости 1 - 2 of 2
First | Prev. | 1 | Next | Last All

Managing Partner