Eastern Europe

Ukrainian Court Seizes Aerospace Company Motor Sich From Chinese Investors

Ukrainian Court Seizes Aerospace Company Motor Sich From Chinese Investors
Motor Sich AI-322F turbofan engine for light combat aircraft, ‘Zbroya ta Bezpeka’ military fair, Kyiv, Ukraine, 2018
Image by VoidWanderer

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A Ukrainian court has seized the assets and all the shares of aerospace company Motor Sich, one of the world’s largest producers of engines for helicopters and planes.

Ukraine’s state security service SBU said in a statement on March 20 that a Kyiv court ruled to seize all property and shares of Motor Sich, and the company was transferred to a government body responsible for managing assets obtained through corruption and other crimes.

The move to seize the jet engine manufacturer is likely to irk China but please the United States, Ukraine’s chief foreign backer against Russian aggression…

To read more visit RFERL.

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William March 21, 2021 at 6:02 pm

Anyone not afraid of the CCP, I applaud

Ed March 21, 2021 at 6:41 pm

Well done Russia!


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