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Largest holding company producing agricultural machinery opens in Belarus

The largest holding company for the production of agricultural machinery has opened in Belarus. Already today it produces more than 700 various products.

The main task in the near future is to master the production of the entire line of agricultural machinery, equipment and units that meet world standards. The company plans to create small-sized forklifts, sowing units as well as vehicles for forage harvesting and grain cleaning.

Alexander Shakutin, Amkodor chairman:
The investment portfolio for the next two years will be $150 million. If investment programs are implemented quickly, we will quickly create enterprises, quickly modernize the plants that are now part of the holding company. We plan to modernize the two plants that are in this holding company before the end of 2017. We must reach a production volume of more than $100 million in the next two years, of which 50% will be exported.

It is planned to invest more than $150 million in the development of production plans. It is expected that the holding company will completely close the issue of import substitution.

Largest holding company producing agricultural machinery opens in Belarus