China’s plans to buy Motor Sich aircraft engine factory may be scrapped

Vyacheslav Bohuslayev, long-serving CEO of the Zaporizhia-based company had planned to sell the company to Skyrizon, also known as Beijing Tianjiao Aviation Industry Investment Company. However, Ukraine’s SBU security service has stepped in and stopped the sale. Last week, Beijing’s Global Times reports Ukraine’s Antimonopoly Committee was to rule on the sale on Monday. After Zaporizhia turned against Boguslayev, Rada member since 2006, the Committee may decide that local opinion is against the sale.

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