Saudi Arabia's National Building sets up unit of Ukrainian aerospace firm Yuzhmash

RIYADH: Saudi Arabia’s National Building & Marketing Co. completed, on Dec. 22, the creation of Yuzhmash Industry Limited Liability Co., a joint venture with the Ukrainian aerospace company of a similar name, according to a bourse filing. National Building holds a 55 percent stake in the new firm, Ukraine-based Southern Machine-Building Plant named after Makarov (Yuzhmash)

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