Ukroboronprom CEO: 17 state defense enterprises transferred for sale in fact remnants.

Ukroboronprom's CEO briefs on assets for sale / Photo from UNIAN, by Volodymyr Hontar

Ukroboronprom's CEO briefs on assets for sale / Photo from UNIAN, by Volodymyr Hontar

CEO of Ukraine's state-run Ukroboronprom Concern Yuriy Husyev says 17 state defense enterprises transferred to the State Property Fund for sale as part of an ongoing privatization campaign do not in fact any longer look like enterprises, but are the remnants of property.

"To be frank, these are enterprises that not only fail to fulfill defense orders, or haven't fulfilled them for the security sector in recent years, they aren't actually defense industry enterprises," he said during an online conference on April 22.

Husyev added that he had asked law enforcement agencies to investigate the enterprises' actual bankruptcy.

"In fact, the actually destroyed facilities transferred to the State Property Fund cannot be called enterprises. These are not defense industry enterprises, but the remnants of property that has been torn apart and plundered, which could become facilities for investment and be turned into new industrial or non-industrial sites," he said.

Read also Ukroboronprom defense giant ready to double production volumes amid Russia's escalation

Background

  • Earlier, Ukroboronprom transferred 15 state-owned enterprises and the corporate rights of two more joint-stock companies, which have lost their importance for the national defense capability, to the State Property Fund.
  • These are Vinnytsa Aviation Plant VIAZ, Zaporizhia Automobile Repair Plant, Nizhyn Repair Plant for Armament Engineering, Chernihiv-based 171 Military Plant, Ukroboronresursy, Ukrainian Radio Engineering Institute, Ukroboronleasing, Buran Research Institute, Central Design Bureau Smarahd ("Emerald"), Kvant ("Quanta") Plant, and Kherson-based Sudmash.
  • This list also includes Central Research Institute of Navigation and Management, Ivano-Frankivsk Boiler and Welding Plant, Rivne Automobile Repair Plant, Special Design Bureau Molniya ("Lightning"), Zakarpattia Helicopter Production Association, and Lviv Radio Engineering Research Institute.

Translation: Olena Kotova, Translating by Akulenko Olena

Unian

Read the top-news of politics in Ukraine and the world, the latest political news from the UNIAN news agency.

https://www.unian.info/

Related news
Live: AG Garland testifies before House

Live: AG Garland testifies before House

House Judiciary Committee holds hearing on "Oversight of the US Department of Justice." Attorney General Merrick Garland testifies. Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour ...

Sir David Amess suspect charged with murder & terrorism.

Sir David Amess suspect charged with murder & terrorism.

A MAN has today been charged with murder after Sir David Amess was knifed to death in a "terror inspired" attack last week. Ali Harbi Ali, 25, will today face court charged with murdering the MP at a church surgery six days ago, the Crown Prosecut...

Parents outraged over 'privileged' sign at high school football game.

Parents outraged over 'privileged' sign at high school football game.

Melissa Swanson, a North Carolina mother, explains why she believes the sign was aimed at 'white, rich' individuals at her child's Catholic school.  Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (F...

6 809

Coalition talks in Germany: How can the Greens get together with the Liberals and Social Democrats?.

Coalition talks in Germany: How can the Greens get together with the Liberals and Social Democrats?.

With divergent platforms and a promise to have a new government before Christmas, the Social Democrats, Greens, and business-focused Free Democrats have their work cut out for them. Nearly a month after Germany's federal election, official coaliti...

Gas explosion At Restaurant Kills At Least Three In Northeast China.

Gas explosion At Restaurant Kills At Least Three In Northeast China.

At least three people were killed and more than 30 injured in a gas explosion at a restaurant in the northeastern Chinese city of Shenyang on Thursday, local authorities said. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a ...

LIVE: Rep. Kevin McCarthy Holds Weekly Briefing On Capitol Hill - NBC News

LIVE: Rep. Kevin McCarthy Holds Weekly Briefing On Capitol Hill - NBC News

Watch live coverage as Minority Leader Rep. Kevin McCarthy holds his weekly briefing. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and eng...