11:59 05.02.2015

Presidential administration receives letter concerning claims of AeroSvit co-owner

2 min read
Presidential administration receives letter concerning claims of AeroSvit co-owner

The Presidential Administration of Ukraine has received a letter concerning a claim made by a Dutch company – the co-owner of AeroSvit airline, which has halted its operation.

"We've received a letter from the Dutch company-co-owner of AeroSvit – nine pages of claims and accusations. They're threatening with court [action] and propose to settle the issue. This should be also settled, although these are no reforms. The worst thing that that we will have to take a couple of employees and pull them out of working processes to tackle the materials and it will take a couple of days," deputy head of the presidential administration Dmitry Shymkiv wrote on his Facebook page.

Shymkiv told Interfax-Ukraine that Gilward Investments B.V. sent the letter.

He added that the letter does not state a claim against Ukraine for a certain sum, and that it is only a large text containing claims.

AeroSvit airline, which was the largest Ukrainian carrier, started bankruptcy procedures in December 2012, which was canceled by a Ukrainian court. The airline has stopped operating and does not carry out flights.

In early 2013 it was reported that Dutch Gilward Investments B.V. owned about 38% of the stocks in the company, the State Property Fund ha d a 22.4% stake, and the Ukrainian companies GenAviaInvest, Investment Advisors Group and Bureau held 24.99%, 9.8% and 4.8% of the airline's shares respectively.

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