Ukroboronprom, the state-owned arms conglomerate, has announced that it is ready to take over Motor Sich.
Tuesday, March 23, 2021
Ukroboronprom’s Chief Yuri Gusev said, “I consider the preservation of Ukrainian Motor Sich a matter of national security. Ukroboronprom has already sent a letter to ARMA about its readiness to act as a subject of asset management of Motor Sich Joint Stock Company in order to preserve its potential. For us, as a state defense concern, it is important that Motor Sich “continued its work: with the preservation of jobs, with the fulfillment of obligations within the framework of production orders. Our team is ready to support the enterprise.”