The agreements were reached at the Dubai Airshow 2017 international exhibition, which is now taking place in Dubai.
“First of all, we are talking about serial production at the facilities of the state enterprise Kharkiv State Aviation Production Enterprise of An-74 airplanes in various modifications. In turn, Oriole Capital Group will receive the right to invest in the production, modernization and marketing of these aircraft. The key element of this strategic partnership is the modernization of the existing production, the full involvement of all 3000 specialists from the Kharkov enterprise, as well as the aircraft and avionics modernization program, which will help enhance the unique operational capabilities of the An-74 aircraft, ”leads blog Diana Mikhailova message Ukrainian concern.
In addition, the Kharkiv company will receive orders "for the manufacture of spare parts for aircraft, maintenance and training of pilots."
In other words, Kharkiv citizens should get a stable long-term development plan, which will ensure its efficient operation, expansion of production capacity, creation of new jobs and increase in profits.
This agreement on attracting investment from the United States is an extremely important event for Ukraine. For the first time, a powerful international investor comes to the aircraft building enterprise of our country, who plans to invest for many years. This is proof that Ukroboronprom enterprises are reliable world-class partners who guarantee quality and timely execution of orders,declared the Director General of "Ukroboronprom" Roman Romanov.
According to him, “in practice, this is a clear signal, a“ green light ”for other investors who are now considering investment opportunities in the Ukrainian high-tech industry.”
Investment and operational support of Oriole will significantly increase the commercial production capabilities of the country in the region and beyond, and represents a strategic opportunity to demonstrate the combined partnership opportunities of Ukraine and the United States,Romanov added.
The author of the material explains that Oriole Capital Group was founded by the leaders of Wamar International, a diversified manufacturing and service company engaged in the manufacture of armored vehicles, gas turbines and aircraft technologies, as well as the aviation logistics company Aero-Pioneer Group, which owns and operates aircraft in difficult conditions on behalf of large companies and international organizations.
Resource Note: “The very first attempt to get acquainted with this“ powerful investor ”gave very interesting results:
1. The site www.oriolecapitalgroup.com does not contain any information about managers or about ongoing projects. Empty website postcard. For a "powerful international investor, this is very strange.
2. The email address itself was registered on 16 May 2017.
3. Virtually no mention on the Internet before the "Kharkiv contract" about this company is not.
4. The company's office is located in a modest class B business center, office number 203.
5. Aero-Pioneer - a company specializing in air cargo in East Africa, its fleet no, revenue 9.6 million dollars, 48 employees. Surnames of "American" managers: Konstantin Zhuchkov and Mikhailo Moiseenko. "