Swissport under ‘hostile corporate raider attack’ in Ukraine

Written by on January 24, 2013 in Business, Europe, News - No comments

Global airport cargo handler Swissport International Limited is accusing its local Ukrainian business partner, Ukraine International Airlines and its owner Aron Mayberg of “conducting a so-called hostile corporate raider attack.”

If Swissport is ousted, it stands to lose at least $8 million in assets in Ukraine over a legal spat with UIA in the commercial courts, which initiated a minority-rights case in June.

UIA’s head of communications, Yevhenia Satska, said the airline will refrain from comments as long as the case is ongoing.

For the full story, please visit The Kyiv Post

(Photo: Gnesener1900)

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