In «Ukroboronprom» declared that the American company will invest $150 million in the production of An-74

Oriole American Capital Group invests $150 million in production development of a family of multipurpose transport planes An-74 of different modifications at the facilities included in the state concern «Ukroboronprom» Kharkov state aircraft manufacturing company (KSAMC). This was reported by the press service of the concern.

The agreement between an American company and «Ukroboronprom» was reached at the 15-th international aerospace exhibition Dubai Air Show 2017.

According to the report, KSAMC will get an order in the amount of $150 million for the mass production of the modifications of the An-74, and Oriole Capital Group – the right investments in production, modernization and sales of aircraft.

In addition, KSAMC will receive orders for manufacture of spare parts for aircraft maintenance and pilot training.

«The agreement to attract investment from the United States – a very important event for Ukraine. For the first time in aircraft construction enterprises of our country comes a powerful investor international level, which plans to invest over many years. This is proof that the enterprises of «Ukroboronprom» are a reliable world class partners that guarantee quality and timely execution of orders. In fact, it is a clear signal the «green light» for other investors who are considering investment opportunities in the Ukrainian high-tech industry. Investment and operational support Oriole will greatly enhance commercial manufacturing capabilities of the country», – commented on the conclusion of the agreement the Director General of civil «Ukroboronprom» Roman Romanov.

Oriole Capital Group LLC was established in June of 2017. According to the company’s website, it specializes in the investment and support of innovative aviation projects worldwide.

«Ukroboronprom» noted that Oriole Capital Group was founded by heads of Wamar International (diversified manufacturing and service company engaged in the production of armored vehicles, gas turbines and aviation technology optimization) and Aero-Pioneer Group (company air logistics and service, which owns and operates aircraft in West Africa and other regions).

In «Ukroboronprom» declared that the American company will invest $150 million in the production of An-74 14.11.2017

Ноябрь 14th, 2017 by
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