Ukroboronprom ready to join Motor Sich’s cooperation program on creation of Ukrainian helicopter gunships

The Ukroboronprom State Concern is ready to join the national cooperation program on the creation of Ukrainian helicopter gunships on the basis of PJSC Motor Sich (Zaporizhia). As reported by the press service on Tuesday, referring to Head of the state concern Pavlo Bukin, the plans of the sector cooperation under the program were discussed … Read more

Motor Sich and Plant Kuznya on Rybalsky enter League of Defense Companies of Ukraine

PJSC Motors Sich (Zaporizhia) and PrJSC Plant Kuznya on Rybalsky (Kyiv) have entered the League of Defense Companies of Ukraine. According to a report on the league’s website, following the consideration of the applications filed by the companies, the league board decided to include PJSC Motor Sich and PrJSC Plant Kuznya on Rybalsky as associate … Read more

Motor Sich transfers management rights of Snizhne Machine-Building Plant to foreign company

PJSC Motor Sich (Zaporizhia) has transferred management rights of its Snizhne Machine-Building Plant (SMBP), part of the company located in the area of Donetsk region beyond Ukrainian government control, to a foreign company, the Prague-based U.S.-government funded Radio Free Liberty/Radio Europe’s (RFE/RL) Donbas.Realii bureau has said, citing Motor Sich’s Honorary President and Member of Ukrainian … Read more

Motor Sich officially announces loss of control over assets of Snizhne plant in ORDLO

PJSC Motor Sich (Zaporizhia) has issued an official announcement about the loss of control over the assets of the Snizne Machine-Building Plant, which is the part of the company and is located in the area of Donetsk region beyond Ukrainian government control. “The public joint-stock company Motor Sich has announced the loss of control since … Read more

Motor Sich sees consolidated net profit rise by 36.7% in nine months of 2017

PJSC Motor Sich (Zaporizhia) saw its consolidated net profit rise by 36.74% under international financial reporting standards (IFRS) in January-September 2017 compared to the same period in 2016, to UAH 2.576 billion. The company reported in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income for … Read more