Business news from Ukraine

KHARKIV GOVERNOR BACKS RESUMPTION OF KHARKIV TRACTOR PLANT’S OPERATION

15 July , 2016  

KHARKIV. July 15 (Interfax-Ukraine) – Head of Kharkiv Regional Administration Ihor Rainin believes that the terms of resumption of operation of Kharkiv Tractor Plant depend on the course of investigation into criminal cases opened by the Security Service of Ukraine (SBU).

“The problem solving depends on the criminal cases opened by SBU. First the plant was to be saved, as some production facilities were to have been taken to Russia… Now I am absolutely confident that the enterprise should operation lawfully and 2,000 employees should receive wages,” Rainin told reporters on Wednesday.

“I am really taking efforts to find a balance – between the effective operation of the enterprise and legal liability,” he said.