Aerospace firm Motor Sich’s assets, shares frozen by Ukraine court

KYIV: A Ukrainian court has frozen the assets and shares of aerospace company Motor Sich as part of a criminal investigation, the state security service SBU said on Saturday.

Chinese aviation firm Skyrizon has sought to buy a controlling stake in the privately held Motor Sich, which builds engines for helicopters and planes used around the world, including the Antonov An-225 and An-124 - the world’s largest cargo planes.

That has presented Kyiv with a problem, as it relies on Washington as its biggest military aid donor yet seeks deeper commercial ties with Beijing.

Washington is opposed to the Chinese deal and in the final days of the administration of President Donald Trump, Washington added Skyrizon to a Military End-User (MEU) List, restricting its access to US exports.