Kiev junta liquidates Ukrainian State Aeronautical Company

29.01.2016, Ukraine.

State Aeronautical Company “Antonov” was liquidated, the press service of the Ministry of Economic Development and Trade of Ukraine stated on January 26th. Ukrainian media report that the Cabinet of Ministers of Ukraine (CMU) adopted a corresponding resolution due to the lack of factories in the Company.

Antonov” serial production plant, Kharkov State Aircraft Manufacturing Company (KSAMC) and Kiev Aircraft Repair Plant 410 were part of Antonov State Company. In March and June 2015, the plants were deeded to the State Company “Ukrainian Defense Industry” (Ukrainian: “Ukroboronprom”) by the decision of the Cabinet of Ministers. Since Antonov State Company does not hold plants any more, it has been abolished by the Government to be in terms with the legislation.

The Ministry of Economic Development has received an assignment from the Ukrainian Cabinet of Ministers to establish a commission for the complete liquidation of the Company.

A brief historical overview. The Antonov Design Bureau (Ukrainian: OKB) headed by Chief Designer Oleg Antonov was founded May 31st, 1946. During its long history, the Bureau designed many passenger planes, transport and special aircraft. The Antonov An-124 Ruslan and Antonov An-225 Mriya (English: Dream) are the most famous designs. Antonov Design Bureau received many state awards of the USSR.

“Ukroboronprom”, the biggest state company of Ukraine, was established by the decree of the President in 2010. It holds 95% of the defense enterprises of Ukraine. The company was created for more efficient management of enterprises that are of strategic importance for the security and economy of Ukraine.

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