Bobruiskagromash OJSC plans to start a farming machinery assembly project in Russia’s Krasnodar Region, a marketing department official told Interfax.
It will be a Belarus-Russia joint venture, initially assembling some 50 units of machinery a year
At the moment, 70% of complete parts for farming machinery produced in Bobruisk is imported from the Russian Federation. By starting a Russia-based joint venture, Bobruiskagromash seeks to cut the prime cost of its products and reduce transportation costs.
As formerly reported by Head of Bobruiskagromash Marketing Bureau Vasili Tsarik, Bobruiskagromash is determined to accelerate by 30% the rate of machinery production at Russia-based joint ventures in 2007.
According to Tsarik, in 2006 four joint ventures in Barnaul, Balakhna, Yaroslavl and Sheksna assembled 200 items of farming machinery, mostly from complete parts supplied from Bobruisk.
In the future, they are planning to expand the range and the number of machinery produced in the regions of Russia.
Bobruiskagromash was founded in 1974. Currently, it produces over 40 kinds of agricultural machines and aggregates for land cultivation and fodder processing.
The company also produces consumer goods, including car trailers, furniture accessories, school furniture, boilers.
The company employs around 2,500 people.
The enterprises prioritises quality and holds an ISO-9000-2001 quality management certificate.
In January-December 2006 the company boosted industrial output by 17.6% in value terms to reach BYR 82.6 billion. Consumer goods output grew 108.4%.
Farming machinery exports grew by 17.5% to reach $11.3 million.