Business news from Ukraine

ANTONOV HOPES TO ATTRACT FOREIGN INVESTMENT INTO NEW AVIATION INDUSTRY PROJECTS

8 September , 2016  

KYIV. Sept 8 (Interfax-Ukraine) – Antonov State Enterprise (Kyiv) hopes that programs to create Ukrainian next generation aircraft would be implemented with attraction of foreign investment.

Assessing the potential of international cooperation under a request of Interfax-Ukraine, taking into account the right of the Ukrainian aviation industry to create joint ventures abroad introduced in June, Antonov President Oleksandr Kotsiuba said that the law has opened new opportunities for attracting foreign investment in the implementation of projects to promote promising Ukrainian aircraft to the global market. He pointed out new transport An-132, An-178 and An-188 aircraft.

“According to our opinion, these are most popular and promising planes. We could attract investment under these programs,” he said.

Kotsiuba declined to specify the position of the company’s top managers regarding prospects of privatization of the enterprise.

“The issue should be settled at a high national level,” he said.

Antonov State Enterprise is a leading Ukrainian aircraft designer and manufacturer and an acclaimed world leader in the area of various types of transport aircraft. The company cooperates with 76 countries. It was included in Ukroboronprom State Concern in April 2015 on the government’s orders.