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Deputy PM Urusky expects the completion of bankruptcy procedure for AvtoKrAZ by late 2021 3 min read The bankruptcy procedure of JSC AvtoKrAZ (Kremenchuk, Poltava region) could be completed by the end of this year, which will remove the negative impact of this legal position of the company on the defense procurement process, Deputy Prime Minister for Strategic Industries Oleh Urusky has told Interfax-Ukraine. The bankruptcy of JSC AvtoKrAZ is a response measure to the threats of its illegal seizure. As far as I know, by the end of this year, all processes related to this procedure must be completed. And this is important, because, and I have repeatedly emphasized this, the current legal situation at the enterprise have a negative impact on the defense procurement process. I hope this issue will soon be removed from the agenda by shareholders and AvtoKrAZ will function normally, Urusky said.

Kremenchuk vitaliy maletskyAndriy taranDelta bankArmed forces of ukraineMinistry of internal affairsMinistry of strategic industriesMinistry of defenseDeposit guarantee fundBorder guard serviceStrategic industries oleh uruskyNational guardDeputy prime ministerArmed forcesBank financeDeposit guaranteeStrategic industries