China-based Beijing Xinwei Technology, a potential buyer of one of the major post-Soviet aviation assets, Ukraine’s aerospace company Motor Sich, which supplies aircraft engines and gas turbine units to more than 100 countries, has declared bankruptcy.
UNIAN: Chinese buyer of Ukraine’s Motor Sich declares bankruptcy
Vyacheslav Bohuslayev, president of the Motor Sich state-owned enterprise speaks at the stand of UkrOboronProm at the 16th International Specialized Exhibition "Arms and Security" in Kyiv on Oct. 8, 2019.