Agro Kar (Kropyvnytskyi) plans to start assembly-line production of tractors for agriculture in September this year in a new 2,000 sq m workshop currently under construction, said Dmytro Kysylevskyi, deputy chairman of the Verkhovna Rada Committee on Economic Development.
“The Made in Ukraine economic policy gives birth to new plants. Companies that previously only imported or repaired equipment are becoming manufacturers thanks to government programs,” he wrote on his Facebook page.
The total investment in the project is about UAH 100 million.
Kysylevsky said that Agro Kar has already invested UAH 30 million in launching tractor production – post production involves the production of each tractor at a separate site.
He noted that to implement the project of launching a new workshop, Agro Kar raised UAH 30 million under the 5-7-9% affordable loan program. Another UAH 8 million will be received as a state grant for the processing industry to purchase a laser machine.
“If the company reaches the required degree of localization, it will be able to join the program to compensate 25% of the cost of Ukrainian-made agricultural machinery,” Kysylevsky notes.
He specifies that domestic manufacturers of spare parts and components will be involved. In particular, Agro Kar purchases hydraulics and distributors for tractors from Hydrosila (Kropyvnytskyi), radiator blocks from Promtransenergo (Sumy), lubricants from JV Yukoil (Zaporizhzhia), control cables from Technoprivod (Rivne), high-pressure hoses – Motorimpeks (Kalush), batteries – Ista-Center (Dnipro), glass – Safe Glass Factory (Berdychiv), polymers and rubber seals, tanks – Poly Plast, wires and harnesses – Mac Farmer (both Kropyvnytskyi).
In addition, negotiations are underway to adapt the production of Rosava tires (Bila Tserkva) and Consima wheels (Dnipro) to the requirements of the company.
“Currently, the production volume is 12 tractors per month. After the launch of conveyor production, the company plans to increase production to 50 machines per month,” said Kysilevsky.
According to its website, Agro Kar has been operating since 2009. Currently, it repairs and modernizes agricultural machinery and supplies spare parts for agricultural machinery, including John Deere, Wil Rich, Case, DMI, Great Plains, Kinze, and Kraus.
“Agro Car also produces spare parts for agricultural machinery.
According to opendatabot, in 2024, the company doubled its net profit compared to 2023, to UAH 4.8 million, with revenue growing by 45% to UAH 74.4 million.
The company is owned by two local entrepreneurs, Andriy Teplyuk (60%) and Oleksandr Pustylnyk (40%).
