Kiev Arsenal Factory Closing!

Picked it up from Joao from Zenit Camera Group. Apparently there is a real estate dispute and the land Arsenal is on is worth $500mil and is being I believe repossessed in a bankruptcy proceedings? If anyone knows more, please post here..

here are some articles in Russian you can run through Google translator:
http://korrespondent.net/kyiv/1014478
http://h.ua/story/236150/

Very sad..