Business news from Ukraine


Lozova Machinery (a brand of cultivating agricultural machinery manufactured by the enterprises of the UPEC industrial group, Kharkiv region) soon will sign a distribution contract with BELARUS company, which will represent the products of Lozova Machinery in Germany, the press service of UPEC has reported. The relevant agreement was reached during the participation of Lozova Machinery in a large exhibition of agricultural products and agricultural machinery Landwirtschaftliches Hauptfest 2018 in Stuttgart (Germany).
“We have agreed to cooperate with the largest European distributor of the Minsk Tractor Plant (MTZ) – the BELARUS company, which has an extensive dealer network. In the near future, we will sign a distribution contract. It is planned that in the future BELARUS will represent the production of Lozova Machinery in Germany,” the press service said, citing Sales Director of the agricultural division of UPEC Eduard Chudopalov.
According to him, in Germany it is planned to expand the presence and demonstration of equipment at the exhibition events of the northern and eastern regions of this country.
“In particular, in February, with a new dealer, they scheduled joint participation in one of the largest German exhibitions in Leipzig,” he said.
The press service of UPEC told Interfax-Ukraine agency that currently there is one dealer of Lozova Machinery in Germany. The share of this country in the company’s European exports is 3%.
“But next year, we are counting on a significant increase in the share,” the press service said.

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