Kharkiv Tractor Plant restores its production pace after last year's forced 10-month downtime. In February and April of 2017, 302 tractors of the models KhTZ -150К, KhTZ -240К, KhTZ -17221 and KhTZ -242К were manufactured by the enterprise. The main consumers of the machinery produced by KhTZ are agrarians of Ukraine and CIS countries.
As previously reported, Aleksandr Yaroslavskyy’s DCH group (owner and investor of the enterprise development) has received a line of credit for KhTZ in the amount of UAH 400 million. The plant resumed the tractor production in February 2017. Stable financing allowed the plant management to purchase the necessary components in a short time, as well as to pay off the outstanding salaries, carry out preparatory work and restore the production process. One of the first machines assembled in February 2017 by the decision of the staff was given the name of one of the outstanding managers in the machining workshop No. 2 Sergiy Brailko, who has spent 43 years of his life working for KhTZ.
Info. Kharkiv Tractor Plant dates back to 1930, this is one of the largest machine building enterprises in Ukraine. Thanks to the long-term export of products, the KhTZ trademark has become one of the most recognized Ukrainian brands abroad. The company's strategy is currently focused on restoring market positions both on the domestic and foreign markets. KhTZ owner and investor Aleksandr Yaroslavskyy together with his DCH group has already implemented several successful projects for the revival of industrial enterprises and has invested more than $1 billion in investment projects in Kharkiv region (including $300 million for the preparation of Kharkiv infrastructure for Euro 2012: airport construction, the city’s first 5* hotel and related facilities).07.06.2017