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2021 calendar year will require a waiver from lenders, or full repayment of this facility, according to the release.
During a call with the investors the same day, the company's acting CFO Roman Palyvoda said, without giving a formal guidance, that the company sees a possible increase of its CapEx of up to 50% y/y to about $300mn in 2021, adding that its investment plans remain flexible.
9.2.12 Other sector corporate news
Ukrainian Motor Sich engines are to power Turkey’s planned heavy attack helicopter ATAK-2 that is being developed by Turkish Aerospace Industries, or TAI. With the Ukrainian 2,500 hp turboshaft engines, the attack helicopters will be produced by 2023, said TAI President Temel Kotil, according to defence Express.
77 UKRAINE Country Report May 2021 www.intellinews.com
