OREANDA-NEWS. July 30, 2009. Press service of PLC "Megabank" is authorized to declare as for the issue of resolution of relations with Kharkov state aviation production enterprise as for repayment of existing debt, reported the press-centre of Megabank.

Since 1998 PLC "Megabank" cooperates with the leader of aviation industry – KDAVP. Such collaboration enabled in a difficult period for the enterprise not only to continue to exist, but also to arrange a normal production activity. However, the bank does not feel partnership relations with KDVAP's leadership for the last time, position of which made us to employ drastic measures as for repayment of the debt. Despite numerous propositions from the bank's side as for possibilities to settle the disputes and repayment of the debt from KDAVP side lead to nothing.

Statements, made public in media by KDAVP leadership is yet another confirmation of their unwillingness to find constructive decisions, efforts to destabilize the situation in conducting difficult negotiations as for solution of the further fate of aviation giant.

The bank's management understandably accepts constructive propositions of the Government. We believe that restructuring of the debt for state guarantees is the only way to resolve the situation which has emerged around KDAVP and in aviation sector as a whole. Besides, the high level of control for solution of this issue will urge KDAVP to employ measures, competent and civilized resolution of issues in the global crisis conditions.

Public limited company "Megabank" expresses readiness to find necessary decisions, proposed by the Prime Minister of Ukraine Timoshenko Yuliya, as for solution of issues in aviation building industry.