KYIV. April 20 (Interfax-Ukraine) – The joint venture of PJSC Kharkiv Tractor Plant and Sampo Rosenlew (Finland) intends to start producing about 200 harvesters from 2016, and by 2018 to increase output to 500 units per year.
“This year we plan to assemble an experimental batch of harvesters, certify them and, starting from 2016, at least 200 combines will be assembled, and by 2018 we will reach the amount of at least 500 units,” Kharkiv Tractor Plant CEO Vladyslav Hubin said, when signing a memorandum of cooperation with the Finnish company.
He said that the localization of production in Ukraine will help reduce the cost of 3085 series combines by 20%.
As reported, a contract to create a joint venture by Kharkiv tractor plant and Sampo Rosenlew was signed in December 2014. The plant in 2014 produced and sold 1,455 tractors, which is 10.4% or 137 units more than a year ago, and this year the plant plans to sell more than 2,000 tractors (37.5% up).
Last year the company sold tractors to more than 30 countries and was present in the markets of Europe, Asia, Africa and Latin America.
Sampo Rosenlew is a Finnish company, which is engaged in the production of harvesters and forestry equipment. Sampo Rosenlew supplies products to over 50 countries. The main markets of the company are the Nordic countries, North Africa, Ukraine, Azerbaijan, and Belarus.
