KYIV. March 31 (Interfax-Ukraine) – Lozova Forging-Mechanical Plant (LKMZ, Karkiv region), part of the UPEC industrial group, has resumed supplies of spare parts to Kharkiv Tractor Plant, the press service of the UPEC Group reported on Wednesday.
“Under the agreement signed, LKMZ supplies spare parts to load the Kharkiv Tractor Plant’s conveyor in full. In March the plant produced and supplied over 90 tractor kits to the Kharkiv Tractor Plant. The Kharkiv plant ordered 20 more kits this month. According to the pessimistic scenario, shipments of tractor kits to the Kharkiv Tractor Plant in 2016 could reach 2,000 dual ratio drive axles and other elements of the gearing system,” the press service said, citing LKMZ Director General Vasyl Chernomaz.
LKMZ supplied tractor kits to the Kharkiv Tractor Plant before 2013. The Kharkiv plant then decided not to buy Ukrainian kits and selected Chinese kits.
In September 2014, the companies announced the resumption of cooperation.
The companies failed to resume substantial cooperation in 2014-2015.
