Business news from Ukraine

JOHN DEERE DEALERS IN UKRAINE TO HAVE EXCLUSIVE RIGHT TO SELL VÄDERSTAD PRODUCTS

25 July , 2017  

KYIV. July 25 (Interfax-Ukraine) – The Antimonopoly Committee of Ukraine has permitted John Deere International GmbH (Switzerland) and Vaderstad LLC (Zhashkiv, Cherkasy region) to sign an agreement to sell Väderstad agricultural machinery in Ukraine by Vaderstad LLC only via the independent dealer chain of John Deere International, the press service of the committee has reported.
Väderstad is a family firm founded in 1962. Over the period it has grown from the producer of agricultural tools for local farms into a large international company. The company produces sowing machines and tillers.
Väderstad Ukraine is one of the subsidiaries of the company. The company also has subsidiaries in Britain, France, Germany, Poland, Hungary, Estonia, Lithuania, Latvia and Russia.
Vaderstad LLC was registered in Ukraine in 2006.
John Deere is the global leader in agricultural machinery production. A representative office in Ukraine has been operating since 2008.