Russia’s largest maker of AG machines – Rostselmash Group of Companies – in July 2021 starts construction of a tractor plant located near Rostselmash’s main production site. Rostselmash plans to invest US$ 66 million (5 Bln Rubles).
Construction must be completed within two years, and the plant will reach its annual production capacity of 3,000 units in 2023.
The plant will consist of a production building of 62,000 sq. meters, and a building for engineering and commercial departments. Total territory of new plant will reach 14 hectares. Rostselmash plans to assemble five tractor models with rigid and articulated frame.
Rostselmash plant controls 70% of grain-harvesting machines in Russia and about 17% of the world market. The Rostselmash Group consists of 17 companies located on 11 production sites in five countries.
PSR Analysis. This project apparently is targeted to finally shift production of Versatile products from Canada to Russia. The shifting started in 2016, and now Rostselmash makes more than 1,500 Versatile tractors per year in Russia. PSR
Maxim Sakov is Market Consultant-Russia Operations for Power Systems Research
