MotorSich

Ukraine court seizes property, shares of Motor Sich aircraft engine manufacturer

The SBU continues the investigation into the company allegedly benefiting Russia and also the illegal amassing of shares.

17:00, 21.03.2021

Ukraine's Motor Sich to be nationalized

The enterprise will be returned to state ownership soon.

17:59, 11.03.2021

Motor Sich masters domestic production of all helicopter systems – minister

Ukraine has the potential to manufacture all required components at domestic facilities.

14:50, 26.02.2021

Zelensky says he doesn't feel China threat in Ukraine – media

At the same time, Zelensky said he would not allow China, or any other country, to buy a controlling stake in Ukraine's aerospace giant Motor Sich.

13:10, 01.02.2021

SBU summons businessman Yaroslavsky for questioning in Motor Sich case

He says investors are under pressure in Ukraine.

16:25, 18.01.2021

China's Skyrizon, Ukraine's DCH Group reapply to AMCU to have stake purchase in Motor Sich approved

Chinese investors' concern is related to the financial losses they suffered by injecting US$1 billion, as well as the "deplorable" state of Motor Sich performance.

18:40, 24.09.2020

U.S. warns Ukraine of "malign" Chinese investment

This includes efforts to acquire the Motor Sich engine producer.

21:20, 30.08.2020

Reuters: Ukraine conglomerate to buy 25% of aerospace group from Chinese investors

The DCH deal needs approval from the regulator.

11:15, 13.08.2020

Son of Ukrainian aerospace giant's ex-owner buys island off Italy coast

In Middle Ages, the island served as a refuge for saints and popes. Oleksandr Boguslayev bought it from the nine owner families.

14:00, 03.08.2020

Reuters: Ukraine court rejects Chinese appeal in aerospace deal opposed by Washington

The ruling was dated March 13, shared with the parties this week and reviewed by Reuters on Friday, April 17.

18:59, 17.04.2020

Ukraine prepares to snub China in aerospace deal with U.S. help – Forbes

The antitrust authority says it might have a strong case against the deal, which has become a major sticking point in the global military and political rivalry between China and the U.S.

15:00, 17.02.2020

U.S. hopes Ukraine's Motor Sich not be sold to China

Motor Sich is one of the world's leading manufacturers of engines for the aviation industry.

21:57, 26.12.2019

Media: Chinese buyer of Ukraine's Motor Sich declares bankruptcy

Back in early 2019, the Chinese company's debts stood at US$300 million.

16:10, 20.12.2019

Ukroboronprom head updates on status of Motor Sich deal with China

He says such enterprise should be controlled by the Ukrainian government.

11:00, 29.11.2019

RFE/RL: Ukraine's Zelensky says potential U.S. buyer for aeronautics firm Motor Sich news to him

A controlling stake of the company's shares remains frozen by Ukrainian court order.

10:20, 07.11.2019

WSJ: Security contractor Erik Prince is in talks to acquire Ukraine's Motor Sich

Trump administration has approached Prince and at least one other potential buyer from the private sector.

13:20, 06.11.2019

Ukraine probes Motor Sich defense firm for 'subversion' – media

The export of military or dual-use equipment to Russia, which occupies Crimea and is accused of providing military assistance to armed separatists controlling swaths of eastern Ukraine, is illegal.

16:24, 05.09.2019

Chinese envoy tells U.S. not to meddle in Ukraine's affairs – media

The Chinese holding Beijing Skyrizon Aviation is interested in buying more than 50% stake of Zaporizhia-based JSC Motor Sich.

22:44, 30.08.2019

Chinese Embassy in Ukraine considers Bolton's statements about China-Ukraine cooperation "unfriendly"

China is interested in buying over 50% of the Ukrainian aerospace company Motor Sich.

12:20, 30.08.2019

Motor Sich in crossfire of U.S.-China rivalry: media

The U.S. says China is trying to "profit from defense technologies that others have developed."

11:55, 28.08.2019

U.S. aims to block Chinese acquisition of Ukraine's Motor Sich aerospace giant – media

U.S. officials are working to schedule a meeting between John Bolton and Motor Sich's top executive next week in Ukraine's capital.

13:40, 25.08.2019

China's investment company targets Ukraine aeroengine giant Motor Sich

Skyrizon would own more than 50% of the Ukrainian company if the acquisition works.

14:50, 17.07.2019

Ukraine mulls production of combat helicopters

Ukroboronprom-led defense enterprises have already created two gyro-stabilizing platforms for Mi-type helicopters.

20:15, 24.04.2019

Building light helicopters in Ukraine may solve transport problems – Turchynov

The official considers the use of brand-new domestic helicopters for the needs of both the security and civil sectors promising.

16:44, 03.08.2018

Motor Sich's net profit shrinks by over 60% in H1

The company's revenue from sales over the period under review fell by 14.8%, to $217.1 million.

12:15, 31.07.2018

SBU raids Motor Sich aircraft engine manufacturer in "sabotage" probe

Perpetrators sought to destroy the strategic plant with the help of foreigners in a sophisticated shares redistribution scheme.

23:40, 23.04.2018

Ukraine's new light helicopter performs maiden flight (Photo, video)

The MSB-2 helicopter is an upgraded version of the Mi-2.

20:42, 16.04.2018

FT: Chinese deal with Ukraine defence group raises hackles

On a sprawling campus on the outskirts of the Chinese city of Chongqing, dozens of Ukrainian aviation experts arrive by bus to help start the production lines for some of the world's most advanced aircraft engines, according to The Financial Times.

20:56, 05.10.2017

Ukraine, Poland to jointly build helicopters - media

Ukrainian Deputy Prime Minister Stepan Kubiv has announced that Ukraine and Poland plan to jointly develop new helicopters for the countries’ armed forces, Defense News reports.

09:20, 27.04.2017