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Ukroboronprom, the state-owned arms conglomerate, has announced that it is ready to take over Motor Sich.

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.”

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