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22 Dec 2015

MTZ to supply Stage IV tractors to Europe from Q2 2016

MINSK, 22 December (BelTA) – Minsk Tractor Works (MTZ trademark) has plans to supply tractors of the Stage IV standard to Europe from Q2 2016, MTZ Acting Deputy Director General, Marketing Director Vladimir Makarenko told journalists during the conference of dealers of the company’s commodity distribution network on 22 December, BelTA has learned.

“The environmental requirements for tractors in Europe will get tougher as of 1 January 2016. The Stage IV standard will be introduced. MTZ is working on the design of new tractor models equipped with Perkins engines that fully meet the new requirements. We have plans to ship the first batch of such tractors in Q2 2016,” Vladimir Makarenko explained.

The assembling plant set up in Lithuania as part of the company ZAO Amkodor Baltic greatly facilitates the promotion of MTZ products to the market of Europe. “We will use the plant to promote Belarus vehicles on the markets of our neighboring European states. Besides, a warehouse for spare parts will be set up in Lithuania to satisfy the needs of this region,” Vladimir Makarenko added.

Marina Sinyavskaya, Director of the company Belarus Agro Trade, responsible for promoting MTZ products in Bulgaria said that the exports to this country doubled in 2015. “The amount of our exports is not very high, but it is growing. As many as 34 vehicles were supplied to Bulgaria in 2014, and this year the figure has reached 65. We have not only increased our sales, but also expanded the product range. For example, this year we have started to offer different models of eco-friendly tractors. We have plans to boost our exports by 20-30% and expand the dealer network in 2016,” Marina Sinyavskaya stressed.

In 2015, some 3,000 MTZ vehicles to the tune of $57.4 million were supplied to the countries of Europe in 2015. All in all, the company exported some $455 million worth of products, or over 27,500 units in physical terms.

Minsk Tractor Works was founded in 1946. It is part of the system of enterprises run by the Belarusian Industry Ministry. The company offers over 120 models and modifications of tractors and vehicles with over 200 options for all kinds of climatic and operational conditions. For the last several years MTZ has kept an 8-10% share of the global market of wheeled tractors. MTZ operates in over 60 countries and has assembly enterprises in Russia, Azerbaijan, Ukraine, Kazakhstan, China, Romania, Egypt, Serbia, Algeria, Venezuela, and other countries. In 2015, the company cooperated with trading partners in 76 countries and exported products to 64 countries.

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