Business news from Ukraine

KHERSON MACHINE BUILDING PLANT ESTIMATES INVESTMENT IN PRODUCTION OF SKIF 280 SUPERIOR HARVESTERS AT UAH 373 MLN

7 December , 2017  

KYIV. Dec 7 (Interfax-Ukraine) – The total investment in a five-year project to create the joint production of Skif 280 Superior harvesters on the basis of Kherson machine building plant together with the Finnish Sampo Rosenlew is estimated at UAH 373.8 million.
According to a report on the website of Kherson Regional State Administration, this figure was presented by the director of Kherson machine building plant, Oleksandr Oliynyk, during a meeting on the ways of financing and accelerating production of combines and preparations for the corresponding meeting chaired by First Deputy Prime Minister Stepan Kubiv.
“The enterprise has started the development of combines. This year we have assembled three harvesters, now the fourth one is being prepared. Moreover, one has already been purchased by the local agricultural producer, i.e. the project has been launched,” Oliynyk said.
The planned total output of agricultural machinery for the five years of project implementation (2017-2022) is 1,460 combines for UAH 5.87 billion, spare parts for combines and other agricultural machinery for UAH 2.77 billion. For this period it is expected to receive almost UAH 1.5 billion of net profit.
As reported, in June this year Kherson machine building plant at the Agro-2017 exhibition presented the first sample of Skif 280 Superior harvesters and planned to produce up to ten combines per month.