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Ukraine creates two state-owned space conglomerates: Arsenal, Zirka
Journal Staff Report

KIEV, July 20 - The Ukrainian government on Wednesday has supported creation of two state-owned conglomerates by merging severa; aerospace and parts companies, namely Arsenal-Modern Space Systems and Zirka-Technologies.

Deputy Prime Minister and Minister of Economic Development and Trade Stepan Kubiv said the creation of new sectoral associations is intended to provide for more active involvement of aerospace enterprises in the targeted government-sustained defense programs and projects and the implementation of defense order. He said that among key tasks of the new concerns is the introduction of principles of commercialization of aerospace projects.




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