In October-December 2025, Elworthy JSC, a manufacturer of sowing and tillage equipment based in Kropyvnytskyi, reduced its revenue by 17.3% compared to the same period in 2024, to almost UAH 121 million.
According to the company’s interim report for the fourth quarter of last year, exports amounted to UAH 36.8 million (30.4% of revenue), while a year ago this figure was UAH 37.9 million (25.9%).
According to the interim report, in the fourth quarter, the plant produced 149 seeders for UAH 61.6 million (153 seeders for UAH 49.6 million in October-December 2014), four cultivators for UAH 1.2 million (72 units for UAH 17.5 million), 45 harrows for UAH 10.5 million (36 units for UAH 7.9 million), and 13 sprayers for UAH 11.3 million (14 units for UAH 8 million).
The main customers were domestic companies such as Agroresurs, Technotorg, Minetech, as well as Agropiese TGR Grup (Moldova) and Galuotas (Lithuania). The main export markets are Kazakhstan, Moldova, Bulgaria, Latvia, and Romania.
The company sells its equipment through its own dealer network, which currently includes more than 35 dealerships.
Among the company’s main competitors are, in particular, the Ukrainian Veles-Agro, Belotserkovmaz, Favorit, Promagroleasing-Ukraine, Remsyntez, Agrotech, Agromash Kalyna, LKMZ, Boguslavska Agricultural Machinery, and Maschio Gaspardo (Italy).
“Elworthy reminds that the company’s 2025 business plan envisaged sales of UAH 712 million (25% more than a year ago) and break-even operations.
Elvorti JSC, a part of the Elvorti Group owned by businessman Pavlo Stutman, specializes in the production of sowing and tillage equipment: seeders for sowing grain and row crops, cultivators for continuous and inter-row tillage, and disk harrows for resource-saving tillage.
As of early 2026, the company employed 372 people.
As reported, the year before last, the company reduced its loss by more than three times compared to 2023, to UAH 27.6 million, and increased its net income by 16.3% to UAH 570.5 million.
In January-September 2025, the company increased its loss by 27.8% compared to January-September 2024 to UAH 15.9 million, while net income increased by 18.5% to UAH 502.8 million.
