Business news from Ukraine

Business news from Ukraine

AIS WILL START PRODUCTION OF TRACTORS IN UKRAINE

6 August , 2019  

AIS group of companies plans to start producing tractors under the KrASZ brand from the components of the leading Asian companies at the Avto-Holding plant (Kremenchuk, Poltava region), AIS has said in a press release.
At the first stage, it is planned to establish the production of agricultural machinery with a capacity of up to 30 hp, which is most in demand among small and medium-sized farms.
“The segment of this equipment has a rather large capacity, according to our estimates, it is more than 17,000 tractors per year, and it is developing steadily. We expect in the medium term to occupy from 5% to 10% in it,” the press service said citing AIS Marketing Director Serhiy Borovik.
The group has not yet disclosed the remaining details of the project, noting that detailed information about the model range planned for production, prices and the start of accepting orders will be announced in August-September of this year.
AIS group of companies, established in 1992, is the national network of auto centers and service stations, spares stores, a manufacturing enterprise, regional automobile warehouses and a logistics center for storage and distribution of spare parts, a customs and licensed warehouse, and a motor transport company.

, ,