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

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Jan. 14, 2013, 12:47 p.m. | Ukraine — by Interfax-Ukraine

AeroSvit does not inform The State Property Fund and Viktor Pinchuk's GenAviaInvest about bankruptcy process, both minority shareholders claim.
© ukrainebusiness.com.ua

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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