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Management changes at Antonov

17 August 2017

UkrOboronProm subsidiary Antonov announced on 15 August that the company’s president, Alexander Kotsuba, had resigned from the company.

UkrOboronProm announced on 16 August that the company had appointed Oleksandr Kryvokon as acting company president.

Kotsuba resigned from the company to return to private business, after spending over a year at the helm of Antonov.

Antonov released its first-half results on 11 August, recording income of USD22.7 million in the first half of 2017, suggesting that its full-year result was on course to increase for the third consecutive year. The firm's revenue rose from USD42.7 million in 2015 to USD178.1 million in 2016.

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