The state and Pinchuk's company do not participate in AeroSvit bankruptcy process

Author: Interfax-Ukraine All articles by this author

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Jan. 14, 2013 12:47
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AeroSvit does not inform The State Property Fund and Viktor Pinchuk's GenAviaInvest about bankruptcy process, both minority shareholders claim.
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The State Property Fund of Ukraine (SPF) and GenAviaInvest LLC, which is under control of Ukrainian businessman Victor Pinchuk, which hold 22.394083% and 24.999827% of the shares respectively in private joint-stock company AeroSvit, say that at present they have been marginalized, and are only watching the crisis afflicting the airline from the sidelines.

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