KYIV. March 6 (Interfax-Ukraine) – Public joint-stock company Kharkiv Tractor Plant plans to reach monthly production of 150 tractors, the owner and president of DCH, Oleksandr Yaroslavsky, who owns around 92% of shares of the plant, has said.
“Since February 11 [when production was resumed after a 10 month idle period] as of today we have produced around 70 tractors. We plan to produce 150 tractors a month,” he told reporters last week.
He said that around 30% of the products will be sold on the domestic market.
“Sales market? Ukraine’s share is around 30%, and the rest [will go to] Kazakhstan, Uzbekistan, Azerbaijan and Iran,” he said.
He confirmed that he plans to invest UAH 200 million in the plant. He said that he paid wages for 10 months of idle period – UAH 73 million.
