November 27, 2022

Ukrainian Court Seizes Aerospace Company Motor Sich From Chinese Investors

Ukrainian Court Seizes Aerospace Company Motor Sich From Chinese Investors

Ukrainian Court Seizes Aerospace Company Motor Sich From Chinese Investors

By RFE
March 20, 2021

A Ukrainian court has seized the assets and all the shares of aerospace company Motor Sich, one of the world’s largest producers of engines for helicopters and planes.

Ukraine’s state security service SBU said in a statement on March 20 that a Kyiv court ruled to seize all property and shares of Motor Sich, and the company was transferred to a government body responsible for managing assets obtained through corruption and other crimes.

Read Full Article

About Author

Radio Free Europe/Radio Liberty

Leave a Reply

Your email address will not be published. Required fields are marked *