Russian industrial groups “Industrial investors” and “Tractor Plants” started to consolidate the agricultural machinery building assets owned by the two groups. The information appeared in the announcement of “Industrial investors”.

After the consolidation the parts will own equal shares of Agricultural Machinery Holding. At the starting period Agricultural Machinery Holding owned by “Industrial investors” will take over JCS “Lipetsk Tractor”, “Vladimir Motor and 

Russian tractor manufacturer will be sold by auction Privolzhskoye dep-t of Russian Federal Property Fund (RFPF) reported about its plan to hold an auction to sell the federal share of JSC Cheboksary Industrial Tractor Factory (Promtraktor) amounting to 10 per cent of the registered capital.

The registered capital of the company equals to $3,389,301 and is divided into 964,968 common shares in non-documental form, including 723,726 common and 241,242 A-type preference shares. Nominal price is $3,5 per share. The register holder will be JSC 

Russian tractors are claiming for a place on Indian market Chelyabinsk Tractor Factory is expanding its presence on overseas markets. The famous Russian tractor manufacturer plans to create its branches and maitennance services following the global trend which has been a part of strategy carried out by world"s leading manufacturers of construction machinery. India, nowadays often called "Asian giant", has also become a seat of war for competitors. During Soviet time the number of Russian machines supplied to this region was not very large. But decades of 

Tractor manufacturers celebrate a productive November Tractor sales for the month of November showed an increase over the previous year"s totals, but overall sales for the year continued to lag in comparison to 2004, according to the monthly report by the Association of Equipment Manufacturers (AEM). In comparison with November 2004, sales two- and four-wheel drive tractors in all horsepower ranges were up - 2.2% for tractors below 40 hp, 2.5% in the 40 to 100 hp range and 0.5% for 100 hp and above. For the year, tractor sales fell in comparison to 

Georgian Diaspora to help Ukrainian tractor industry Kutaisi, the second important industrial center of Georgia, has become a partner city of Ukrainian Kharkov. An agreement has been sealed to create a joint enterprise based on Kutaisi Automobile Plant to assemble low-duty tractors HTZ-2511. These machines made in Kharkov Tractor Factory have a good reputation among farmers. One more positive factor which will contribute to the development of joint projects is the fact that Georgian Diaspora is the largest in the Kharkov region and amounts to 4,5 thousand