Home » News » Zelensky enacted NSDC decision on Motor Sich

Zelensky enacted NSDC decision on Motor Sich

Photo: SBU

The authorities intend to return Motor Sich to state ownership

Earlier, the National Security Council made a decision to return the enterprise to state ownership.

On March 23, President Volodymyr Zelenskyy put into effect the NSDC decision of March 11 on the return of the Motor Sich enterprise to the state ownership. This is stated in the decree №108 / 2021.

This decision entered into force the decision of the National Security and Defense Council on the status of implementation of the decision of the National Security and Defense Council of Ukraine dated March 1, 2018 On urgent measures to protect the national interests of the state in the field of aircraft engines.

We will remind, earlier the head of the Servant of the People faction in the Verkhovna Rada David Arakhamia announced the plans of the parliament consider the bill on the nationalization of Motor Sich.

In response to this the Chinese Foreign Ministry demandedso that in this matter Ukraine takes into account the legal rights of Chinese enterprises and investors and resolves it correctly.

Last week, the Shevchenko District Court of Kiev imposed seizure of property and 100% of shares of Motor Sich enterprise.

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