Motor Sich could not attract Western partners after the break with Russia 17:06

Aerospace company Motor Sich cannot find partners in Western countries after cutting off cooperation with Russia. In this respect Reuters said the company’s general director Alexey Nikiforov.

According to the manager, the company wants to turn to the West and has been trying to reach an agreement on cooperation with companies such as RTX and Lockheed Martin for a year, but the negotiations did not bring any results.

This may be because Motor Sich has not yet proven its ability to do business according to European and American rules, the agency was told. Moreover, according to COSA Solutions director Pavel Verkhnyatsky, the Ukrainian company has a poor reputation for asset management and project launch efficiency.

Motor Sich was fully nationalized in November 2022 by decision of the military authorities. Also Ukrainian President Vladimir Zelensky sanctions imposed Against the former head of the company Vyacheslav Boguslaev, as well as 239 citizens of Russia and other countries.

Previously in Ukraine arrested Assets of the former head of the Motor Sich.



Source: Gazeta

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