Antonov Concern Leaves Russian-Ukrainian Aircraft Venture
19:04 14.09.2015(updated 19:31 14.09.2015)
According to reports, Ukrainian government ordered the Antonov aircraft maker to cease business contacts with the UAC-Antonov joint Russian-Ukrainian venture.
KIEV (Sputnik) – The Ukrainian government said Monday it had ordered the Antonov aircraft maker to cease business contacts with the UAC-Antonov joint Russian-Ukrainian venture.
'Agree with a proposal by the Ministry of Economic Development and Trade, and the Antonov state-owned aircraft manufacturing concern to leave the UAC-Antonov LLC joint Russian-Ukrainian venture,' a decree posted on the government's website said.
The agreement on the establishment of the Ukrainian-Russian joint venture was signed in Kiev on October 27, 2010.
The Antonov concern includes state-owned enterprise Antonov, the Kharkov State Aircraft Manufacturing Company and the Kiev Aircraft Repair Plant 410.
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