Xi’an Yuanchuang Magnetic Power Co. Ltd
New Era Aviation

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New Era Aviation opened a representative office in Ukraine

March 20, 2016, Kyiv – Xi’an. Multi-profile industrial corporation Xi’an Yuanchuang Magnetic Power Co. Ltd New Era Aviation has established a subsidiary in Ukraine, “Ukraine Aviation Industry Group” (UAIG). Oleksiy Lymarenko, Ukrainian businessman and economist, was appointed as General Manager of the group.
It is known, that with the participation of the Government of China New Era Aviation Corporation conducts construction and development of one of the world’s largest science and technology industrial aviation complexes (aviation-town) in Luyanghu, Shaanxi province, China.


The current goal of the new Ukrainian office is to hold consultations to discuss the possibilities and potential of bilateral relations and joint ventures. In the short term – setting up joint production of new Ukrainian-Chinese aircraft; aircraft parts, avionics products and more.


According to Ma Lifeng, the Chairman of the corporation, and Edgar Ishankulov, CEO of New Era Aviation, top-management hopes to establish close relations with businesses, government agencies and market experts in the near future. “Our intentions are serious. We stand ready to cooperate and invest in the Ukrainian aviation industry enterprises, to build mutually beneficial strategic relations for many, many years to come”, – said top-managers of the company.


Oleksiy Lymarenko, the newly appointed General manager of the representative office, didn’t hide his enthusiasm. “Personally, for me as an entrepreneur working in the aviation industry, in the development and production of aircraft, is a new challenge as well as an opportunity to contribute to strategic areas of the Ukrainian economy, where we are in great need of investments and strong partners. I am confident that together with New Era Aviation we can build sustainable long-term relationships, beneficial for both parties”, – emphasized Mr. Lymarenko.

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