Business news from Ukraine

LOZOVA MACHINERY SIGNS OVER UAH 50 MLN WORTH OF CONTRACTS AT AGRO 2016 EXHIBITION

23 June , 2016  

KYIV. June 23 (Interfax-Ukraine) – Lozova Machinery (the brand of tillage machines made by UPEC Group’s enterprises, Kharkiv region) at the Agro 2016 exhibition held in Kyiv in June have signed contracts to supply agricultural machinery worth over UAH 50 million, Vice President for Marketing and Sales of UPEC Group Roman Girshfeld has told Interfax-Ukraine.

“We have signed contracts to supply tillage tools worth UAH 35 million to Ukrainian companies. Contracts to supply machinery worth over UAH 10 million to dealers from Eastern Europe, as well as machinery also worth over UAH 10 million to Moldova and Transnistria,” he said.

He did not specify the names of the companies.

He said that demand on Lozova Machinery is large, as the company has realized some innovative solutions.

Ducat disk harrows, for example, allow saving up to 30% of fuel and increase efficiency by 1.5 times compared to usual disk harrows thanks to application of spring tines and HARP Bearing Agro Units.

He said that the company seeks to expand the line of disk harrows and cultivators.