Chinese stake in Motor Sich frozen

The Kyiv Shevchenkivsky District Court has frozen the shares of a Chinese firm that holds a 41 percent stake in Motor Sich, Ukraine’s engine manufacturer.

Проходная Мотор-Сич (Mixabest, 2010)
By Mixabest (Own work) [Public domain], via Wikimedia Commons

Government officials alleged that there is an attempt to move the company’s assets and production capacity outside Ukraine.

South China Morning Post identified the company as Beijing Skyrizon Aviation.