7 November 2011
Motor Sich (MSICH UK) could acquire a 57% stake in Orsha Aircraft Overhaul Plant in Belarus for USD 1.1 mln, Vadim Melnik, head of department at the Belarus Transport Ministry said at a press conference in Minsk last week. The Orsha plant is licensed to overhaul Mi-8/17 and Mi-24 helicopters. Roman Dmytrenko: We estimate Orsha could modernize 15-20 helicopters in 2012, which could increase Motor Sich’s engine sales by USD 20 mln for the year.