motorsich

Friday, July 12

Ukrainian companies are developing the newest Turkish fighter jet. Ukrainian companies are participating in developing the KAAN, Turkey’s fifth-generation fighter jet, Ukrainian Ambassador to Turkey Vasyl Bodnar said. As he specified, Ukrainian companies have j...

Tuesday, November 8

Strategically important enterprises owned by Ukrainian oligarchs have become the property of the state. The National Commission for Securities passed a decision on the forced alienation of the shares of Ukrnafta, Ukrtatnafta, Motor Sich, AvtoKrAZ, and Zaporizhtransformator into state ownership. Kolomois...

Friday, June 24

Turkish UAV with a Ukrainian engine sets a new record. The Turkish Akıncı UAV, created by Baykar Makina, which has a Ukrainian-made engine, has set a new altitude record. According to technical director Selcuk Bayraktar, “Akıncı has again broken its...

Friday, February 4

New Bayraktar production plant will use Ukrainian engines. Ukraine plans to start constructing the new Bayraktar plant, which will manufacture unmanned drones, said the Minister of Defense Alexei Reznikov. He added that according to the Turkish company’...

Thursday, December 2

The Ukrainian satellite “Sich-2-30” will be launched from Cape Canaveral on January 10, 2022. Sich-2-30 which was manufactured in Dnipro has successfully passed all the planned tests and is ready to be shipped to Florida. All parameters of the satellite meet US technical requirements.

Friday, November 26

Motor Sich has presented a new model of helicopter. A closed cycle of helicopter production has been created. 39 domestic aviation enterprises and 6 design institutes will work together to produce modern Ukrainian helicopters. In addition to this, the ...

Thursday, November 11

Ukrainian company FED participates in the II International Defense and Aerospace Exhibition, SAHA EXPO 2021, which opened yesterday in Istanbul. The company was promoting its aerospace products, including units for airplanes and helicopters, an ion-plasma engine for spacecraft, and a model of an impressive v...

Wednesday, November 10

Antonov, Motor Sich, and Hydrogen Dynamics Technology will present Ukraine at the Dubai Airshow. Ukraine will be represented at the international aerospace exhibition Dubai Airshow 2021 (UAE) by the military production firms Antonov, Motor Sich, and the newly established company to develop renewa...

Monday, November 8

The Ukrainian government is looking for international investors for its military production firm, Motor Sich, said Foreign Minister, Dmytro Kuleba. Commenting on the possibility of Chinese investments in Motor Sich, Kuleba said that Ukraine would focus on Western partners in the field of military sensitive te...

Motor Sich received an order for components for 30 AI-450T engines. The engines are being supplied to the new Turkish strike UAV Bayraktar Akinci. Ivchenko-Progress which is part of Ukroboronprom has ordered a large component of parts to produce AI-450T aircraft turbo...

Wednesday, October 6

Two giants of Ukrainian manufacturing, Motor Sich and Antonov, have signed a contract to the value of UAH 920 mln ($35 mln). This agreement is the second between both groups, and its purpose is to undertake engine modernization to increase the life of aircraft engines on existing and f...

Monday, September 27

Motor Sich and Baykar Makina sign a cooperation agreement. The leading aviation companies of Ukraine and Turkey have concluded a cooperation agreement. The signing ceremony took place during the Teknofest Aerospace and Technology Festival in Istanbul on Septe...

Monday, September 13

Strategic enterprises such as Motor Sich will remain Ukrainian said President Zelensky. Ukraine welcomes foreign business investments, but strategic enterprises must remain under state control. As for Ukraine’s strategic enterprises that have existed over t...

Wednesday, September 1

Motor Sich and Antonov sign UAH 920 million agreement. Motor Sich has signed a major contract with Antonov aimed at increasing engine life for the Mriya and Ruslan cargo aircraft, Defense Express reports. According to the ProZorro site, the expected volum...

Monday, April 12

Ukrainian Motor Sich engines are to power Turkey’s planned heavy attack helicopter ATAK-2 that is being developed by Turkish Aerospace Industries, or TAI. With the Ukrainian 2,500 hp turboshaft engines, the attack helicopters will be produced by 2023, said TAI President Temel Kotil, accord...

Friday, April 2

A “Chinese official delegation” to Russia-controlled Crimea in early March turned out to be composed of three Chinese traders who have worked for many years in Moscow’s wholesale markets , reported Meduza, the Russian-language news site based in Latvia. Vadim Rabinovich, a pro-Russia Ukrainian Rada member, wrote on Facebook that the visit could be a “countermove” by Beijing in respons...

Monday, February 1

IKEA opens its first bricks and mortar store in Ukraine today IKEA opens its first bricks and mortar store in Ukraine today, at Kyiv’s Blockbuster Mall, the company announces on Instagram. The store will be the first in SE Europe new ‘city format’ – 5,000 square...

French sportswear brand Decathlon opens this spring its third store in two years in Kyiv French sportswear brand Decathlon opens this spring its third store in two years in Kyiv. With the new store, Decathlon will have 8,500 square meters of retail space in Kyiv – in Prospekt mall, Lavina...

Last Monday, the first day after the January lockdown, about 300,000 shoppers visited Epicenter shopping centers around Ukraine – up 50% yoy, reports the Epicenter K press service. Last Monday, the first day after the January lockdown, about 300,000 shoppers visited Epicenter shopping centers around Ukraine – up 50% yoy, reports the Epicenter K press service. Best sellers were h...

Despite the harsh spring lockdown, Foxtrot achieved a 20% growth in sales of its retail electronics last year Despite the harsh spring lockdown, Foxtrot achieved a 20% growth in sales of its retail electronics last year, Foxtrot CEO Alexey Zozulya reports. On line sales grew strongly, with 9 million people vi...

Marriott International expects to open its first Sheraton in Ukraine, at Kyiv’s Olympiysky complex, by the end of this year Marriott International expects to open its first Sheraton in Ukraine, at Kyiv’s Olympiysky complex, by the end of this year, according to a press release. Delayed for a decade, the hotel project recei...

The Kyiv City Council has made a preliminary decision to expand Sikorsky’s airport’s lone runway by 22% The Kyiv City Council has made a preliminary decision to expand Sikorsky’s airport’s lone runway by 22%, to 2,810 meters. This would allow larger aircraft, such as Airbus A321, to land at Kyiv’s Right...

Russia-controlled Donbas has virtually closed itself off from Ukraine-controlled Donbas, Russia-controlled Donbas has virtually closed itself off from Ukraine-controlled Donbas, according to figures cited by the Kyiv Post. From 250,000 weekly crossings in January, 2020, the number of week...

State Security agents yesterday broke up a ‘shareholders meeting’ in Zaporizhia of Chinese and Ukrainian investors claiming ownership of Motor Sich State Security agents yesterday broke up a ‘shareholders meeting’ in Zaporizhia of Chinese and Ukrainian investors claiming ownership of Motor Sich, the helicopter and jet engine giant. On Friday, Pre...

Two weeks earlier, Wilbur Ross, then US Commerce Secretary, added Skyrizon to a list of companies classified as prohibited military end-users Two weeks earlier, Wilbur Ross, then US Commerce Secretary, added Skyrizon to a list of companies classified as prohibited military end-users, saying its activities threaten U.S. national security. Ro...

Before sending agents to break down the doors of the meeting, Before sending agents to break down the doors of the meeting, Ukraine’s State Security agency, or SBU, warned Sunday that it “is documenting the facts of preparation for the destruction of the product...

Ukraine’s “ Ukraine’s “actions are a barbaric robbery and a serious violation of the legal rights and interests of Chinese companies operating abroad, an unprecedented disrespect for the principles and rules of i...

Skyrizon vowed to proceed with its $3.5 billion suit against Ukraine Skyrizon vowed to proceed with its $3.5 billion suit against Ukraine. China last year became Ukraine’s large trading partner. Ukraine’s two-trade with China through October was $12 billion. By contras...

Skyrizon’s Ukraine partner, DCH Group of Oleksandr Yaroslavsky, was more cautious, Skyrizon’s Ukraine partner, DCH Group of Oleksandr Yaroslavsky, was more cautious, saying yesterday that “leading law firms” had concluded that “the Chinese investors are bona fide buyers and legal ow...

Companies from several NATO countries, including Turkey, have looked at purchasing parts of Motor Sich Companies from several NATO countries, including Turkey, have looked at purchasing parts of Motor Sich, a conglomerate that employed 21,000 workers a decade ago. When the war broke out between Ukraine...

Wednesday, December 2

Brazil and Ukraine, two of the world’s second tier arms exporters, started discussing possible joint ventures yesterday Brazil and Ukraine, two of the world’s second tier arms exporters, started discussing possible joint ventures yesterday, the start of a 5-day visit to Ukraine by executives of 13 from Brazil’s top arm...

This week’s face to face meetings follow a video conference two months ago This week’s face to face meetings follow a video conference two months ago with the participation of UkrOboronProm executives and Rosas Pontis, who is Brazil’s director of Secretariat for Defense Prod...

Ending a 2-day trip to Turkey yesterday, Prime Minister Shmygal told reporters that his delegation invited Turkish companies to participate in concessions for international highways and for two Black Sea ports. Ending a 2-day trip to Turkey yesterday, Prime Minister Shmygal told reporters that his delegation invited Turkish companies to participate in concessions for international highways and for two Black ...

As Ukraine’s defense partnership with Turkey extends to the air, As Ukraine’s defense partnership with Turkey extends to the air, the air forces of the two nations have discussed the possibility of data exchange “including airspace monitoring” under NATO’s Air Situ...

With Turkish investors interested in buying one quarter of shares of jet engine maker Motor Sich With Turkish investors interested in buying one quarter of shares of jet engine maker Motor Sich, the original Chinese buyers plan to appeal their third rejection by Ukraine’s Antimonopoly Committee. ...

Defying the recession, Ukrzaliznytsia, the nation’s main cargo hauler, carried 7% more freight in November than in November of last year. Defying the recession, Ukrzaliznytsia, the nation’s main cargo hauler, carried 7% more freight in November than in November of last year. Approaching the railroad’s target of 1 million tons a day, UZ ...

The Finance Ministry sold at auction yesterday the hryvnia equivalent of $93 million in government bonds The Finance Ministry sold at auction yesterday the hryvnia equivalent of $93 million in government bonds. The 3-month bond was the most popular, accounting for 74% of sale, the Ministry reported on Fa...

ICU ICU gives this insight into the Nov. 24 auction: “For the first time since the end of February, foreigners’ portfolios rose during a week, albeit by a small amount. The increase amounted to just...

Bolstered by fresh snow, Bukovel, Ukraine’s largest mountain resort, opens this weekend for skiing and snowboarding. Bolstered by fresh snow, Bukovel, Ukraine’s largest mountain resort, opens this weekend for skiing and snowboarding. “We invite you to the Ukrainian Carpathians,” Bukovel director Oleksandr Shev...

Highlighting Ukraine’s emerging role as the EU’s reserve labor pool Highlighting Ukraine’s emerging role as the EU’s reserve labor pool, Ukrainians accounted for 55% of the 1.2 million first time residence permits granted last year to all non-EU citizens for work in t...

The bulk of the 756,548 Ukrainians who got first time residency in the EU last year went to Poland – 79%. The bulk of the 756,548 Ukrainians who got first time residency in the EU last year went to Poland – 79%. Spreading into the Baltics and around Central Europe, Ukrainians accounted for the top nationa...

With cross border traffic expected to rebound this spring, assuming vaccines diminish the coronavirus pandemic, EU nations are helping Ukraine upgrade its often outdated border crossings. With cross border traffic expected to rebound this spring, assuming vaccines diminish the coronavirus pandemic, EU nations are helping Ukraine upgrade its often outdated border crossings. In coming we...

Poland is lending Ukraine €100 million to upgrade the Poland is lending Ukraine €100 million to upgrade the 13 land border crossings between the two nations. The 30-year, low interest loan also will help upgrade Ukraine’s road and rail approaches to the ...

Estonia will help Ukraine install two electronic border crossing systems at two of Ukraine’s busiest land crossings – Chop with Hungary, and Uzhgorod with Slovakia. Estonia will help Ukraine install two electronic border crossing systems at two of Ukraine’s busiest land crossings – Chop with Hungary, and Uzhgorod with Slovakia. Using Estonian experience, the goal...

Monday, September 7

China’s Skyrizon company has notified Ukraine’s Justice Ministry that it intends to start international arbitration against Ukraine over access to the Motor Sich aircraft engine factory China’s Skyrizon company has notified Ukraine’s Justice Ministry that it intends to start international arbitration against Ukraine over access to the Motor Sich aircraft engine factory, reports UNIAN...

During the first half of this year, Ukraine’s poultry exports were virtually constant in volume – 212,300 tons – but down 12% in monetary terms, to $271 million During the first half of this year, Ukraine’s poultry exports were virtually constant in volume – 212,300 tons – but down 12% in monetary terms, to $271 million, reports Poultry World. At a press conf...

The Middle East has displaced the EU as the top destination for Ukrainian chicken meat The Middle East has displaced the EU as the top destination for Ukrainian chicken meat, reports The Poultry Site. The change is due partly because of new EU quotas and an avian flu outbreak in Vinnyti...

The number of new filings for unemployment aid have dropped steadily: from 149,000 in April to 68,000 in July The number of new filings for unemployment aid have dropped steadily: from 149,000 in April to 68,000 in July, reports the Ministry of Economic Development, Trade and Agriculture. Since the government...

Real wages were up 5% in July yoy Real wages were up 5% in July yoy, reports the State Statistics Service. The biggest growth sectors, in nominal terms, were: medicine and social services – +18% yoy; and IT and telecom – +...

ICU writes: “ ICU writes: “The recovery of wages confirms a quite rapid exit of the labor market from the coronavirus-induced recession. The rebound of workers’ income is also evidenced by the high growth rat...