Motor Sich was a blue chip company with top-2 free float and has been operating as a private firm since 2000, after the successful privatization in 1994.

Concorde Capital’s Alexander Paraschiy wrote: “Thus far, the way Motor Sich has been “returned to people” does not look optimal for Ukraine’s investment case, taking into account that before mid-2017 the company was a local stock market blue chip with a top-2 free float. No doubt, it is positive that the chance is increasing that Motor Sich will finally receive a controlling owner that will do its best to preserve the company’s business. At the same time, the unresolved ownership issue raises the threat of multiple court battles with the minority shareholders of the company, as well as with the Chinese firms that reportedly purchased a control stake in the company in 2016-2017.”