Business news from Ukraine

FIRST COMBINE UNDER JOINT PRODUCTION OF KHARKIV TRACTOR PLANT, SAMPO ROSENLEW TO BE READY IN SEPT

10 July , 2015  

KHARKIV. July 10 (Interfax-Ukraine) – The first trial model of a combine jointly produced by Kharkiv tractor plant and Finland’s Sampo Rosenlew will be ready in September, Kharkiv Tractor Plant Director General Vladyslav Hubin has said.

“We tentatively plan to do this in September… In general it is planned to assemble five trial models this year,” he said at a press conference on Thursday.

Hubin said both companies plan to start mass production of combines under the project in 2016: 200 units will be made.

As reported, a contract to create a joint venture by Kharkiv tractor plant and Sampo Rosenlew was signed in December 2014.

In 2014, Kharkiv tractor plant 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).

In 2016, Kharkiv tractor plant plans to manufacture about 200 harvesters, and by 2018 to increase production to 500 units per year.

The plant, which is part of a joint project with Sampo Rosenlew for harvester production, intends to bring the level of localization to at least 35% within the first year of mass production.