Ukrainian State Property Fund is set to sell its remaining 20% stake in engine producer Motor Sich, say local media reports (28/8/00).
The auction of the Zaporozhye-based company, which produces 5000 engines per year, is not decided although the tender is reported to be taking place before the end of 2000, say the reports.
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Following its successful 5% placement on the Kiev Stock Exchange in July, Motor Sich is currently valued at USD 24,890,000m.
