Business news

4 Jun 2019

Belarusian MTZ eager to assemble tractors in South Africa, Angola

MINSK, 4 June (BelTA) – The Belarusian tractor company MTZ intends to set up assembly enterprises in South Africa and Angola, BelTA learned from Andrei Gerasimenko, director of the MTZ representative office in South Africa, on the sidelines of the international agribusiness expo Belagro 2019.

The executive said: “South Africa is a high-competition market for us. We intend to set up an assembly enterprise over there. We are working on matters of finance and sales and intend to start implementing the project this year. We intend to implement a similar project in Angola.”

MTZ was established on 29 May 1946. At present it is one of the world’s largest manufacturers of agricultural machines. The company works hard on markets of over 60 countries and has assembly enterprises in various parts of the planet.

The international agribusiness expo Belagro 2019 is scheduled to take place in the trade and logistics hub Globus Park in the agrotown of Shchomyslitsa, Minsk District on 4-9 June. Taking part in the expo are over 550 companies from 29 countries, including Austria, the UK, Hungary, Germany, Denmark, Israel, India, Italy, Spain, Canada, China, Netherlands, Russia, USA, Turkey, Ukraine, Finland, France, Czechia, Switzerland, and Sweden. ZAO MinskExpo is the organizer. IFWexpo is a co-organizer. The expo has been organized with assistance and participation of the Agriculture and Food Ministry, the Industry Ministry, and the National Academy of Sciences of Belarus.

In addition to Belagro 2019 a number of international specialized expos are taking place in Minsk on 4-9 June during the Belarusian Agribusiness Week. Those are Belfarm, Belproduct, and Prodmash.Holod.Upak.