Chinese investors of Motor Sich notify Ukraine about submission of dispute to intl arbitration

Chinese investors of PJSC Motor Sich notified the government of Ukraine about sending an investment dispute to international arbitration in order to recover damages from Ukraine’s government, estimated by them at $3.5 billion, according to a release on the website of the Ukrainian DCH group of Oleksandr Yaroslavsky, partner of these investors in the development … Read more

Subsidiary of Beijing Xinwei, DCH will again apply to AMC for purchase of Motor Sich

Skyrizon, a subsidiary of Beijing Xinwei Technology Group, and DCH Group of Ukrainian businessman Oleksandr Yaroslavsky will soon submit an updated joint application to the Antimonopoly Committee of Ukraine (AMC) for the purchase of PJSC Motor Sich, Xinwei said in a statement on the Shanghai Stock Exchange. According to it, the AMC on August 20 … Read more

Ukroboronprom, Antonov start developing program to revive Ukrainian aviation industry

Ukroboronprom State Concern, together with Antonov State Enterprise, aviation industry enterprises and government members, have begun preparing proposals for a draft medium-term revival program for the aviation industry. The press service of Ukroboronprom said that a special working group of representatives of a number of industry enterprises began working on June 26 under the chairmanship … Read more

Antonov’s trade union suing govt regarding withdrawal of enterprise from Ukroboronprom concern

The trade union of the strategic State Enterprise Antonov filed a claim with the District Administrative Court of Kyiv to revoke government resolution No. 269 dated March 31, 2015, by which SE Antonov was placed under the management of Ukroboronprom, the law firm Ilyashev & Partners said on Monday on its website. The labor collective … Read more

Ukroboronprom fulfills state defense procurement order by 98% in 2019

The enterprises of the Ukroboronprom State Concern fulfilled their obligations to the government on the production and repairs of military equipment by 98% in 2019, according to the press service of the state concern. “A total of 4,876 units of equipment were passed to the Ukrainian army: 3,889 new and upgraded and 987 repaired [units … Read more

Ukroboronprom’s aircraft maintenance enterprises fulfill state defense order for 2019 in advance

Enterprises of the Ukroboronprom State Concern have passed all repaired and upgraded aircraft under the state defense order for 2019 to the state customers in advance, the press service of Ukroboronprom reported. “We actively worked to fulfill the 2019 state defense order on aircraft repairs on time. There is an optimistic forecast for the future. … Read more

Export of Ukroboronprom enterprises halves since 2013

The enterprises of Ukroboronprom state concern reduced export volumes to $451 million a year compared to $900 million in 2013, director general of the state concern Aivaras Abromavicius has said at a meeting with Ukrainian President Volodymyr Zelensky in Kharkiv. “The most important reform we have already launched is the reform of exporters … We … Read more

Ukroboronprom retakes control over Ukrspeсexport

Ukroboronprom state defense concern has retaken control over its part, state-run company Ukrspeсexport, concern deputy director general for transformation issues Roman Bondar said. “Today took the largest exporter – Ukrspeсexport company – back to the family. Because it’s a nasty thing, when one part of the company raiders another,” he wrote on Facebook on Friday. … Read more

Baker Tilly Ukraine to audit Ukroboronprom

Baker Tilly Ukraine LLC from the Baker Tilly international audit network, has won a tender to select an auditor of consolidated statements of the Ukroboronprom state concern. According to the ProZorro platform, where the auction was held on Thursday, Baker Tilly initially offered UAH 29.988 million for its services, while Ernst & Young LLC, its … Read more

Ukroboronprom to supply An-178 in tender of Peruvian ministry of interior for some $65 mln

An-178 aircraft of the Ukroboronprom state concern (made by Antonov State Enterprise, Kyiv) has won in a tender held by the Ministry of the Interior of Peru to replace aircraft of the National Police of Peru (An-32). Ukrainian transport aircraft An-178 will replace An-32B aircraft of the National Police of Peru, according to a posting … Read more