Siegfried Wolf withdraws investment in Kharkiv Tractor Plant, Ukraine

Press Wire ♦ Published: October 12, 2016; 09:26 ♦ (Vindobona)

Austrian investor Siegfried Wolf announced today that he will not complete the acquisition of a stake in Ukrainianbased Kharkiv Tractor Plant (XTZ) due to incomprehensible obstruction by Ukrainian government officials. For more than six months, intensive efforts to change the shareholder structure of XTZ have failed.

Siegfried Wolf withdraws investment in Kharkiv Tractor Plant, Ukraine / Picture: © Vindobona.org

Austrian investor Siegfried Wolf announced today that he will not complete the acquisition of a stake in Ukrainianbased Kharkiv Tractor Plant (XTZ) due to incomprehensible obstruction by Ukrainian government officials. For more than six months, intensive efforts to change the shareholder structure of XTZ have failed. The company is being exposed to a massive campaign which is obviously…

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