Items Tagged with 'war'

ARTICLES

Nokian Tyres Sells Russian Operations

April 3, 2023 | Posted in Ag Equipment Worldwide

In a March 30 press release, Nokian Tyres announced it had completed the sale of its Russian operations.

John Deere Sells Russian Branch of JD Financial to Russian Private Equity Firm

March 13, 2023 | Posted in Ag Equipment Worldwide

According to a March 8 report from Reuters, Russian-based private equity firm Insight Investment Group has acquired John Deere Financial's Russian operations.

CEMA business climate index october 2022

European Ag Equipment Business Climate Continues Sideways Movement

October 17, 2022 | Posted in Data & Trends

According to the October update to the CEMA Business Climate Index, the index's development has continued its sideways movement after the declines in the course of the war in Ukraine.

U.S. Treasury Clarifies No Sanctions on Exporting Ag Equipment to Russia

July 15, 2022 | Posted in Ag Equipment Worldwide

In a fact sheet released July 14, the U.S. Department of the Treasury specified that there are no U.S. sanctions against "the exportation of agricultural equipment and spare parts to Russia."

Belarus Fast Becoming Russia’s Top Supplier

June 15, 2022 | Posted in Ag Equipment Worldwide

On June 8, Bloomberg reported sales of all products to Russia from its normal trading partners — which accounted for one-half of all imports in 2021 — were down 40% in April.

Even in War, Ukraine Orders South American Machinery

May 15, 2022 | Posted in Ag Equipment Worldwide

Even with the worsening conflict between Russia and Ukraine, some South American companies have reported to have received more orders for agricultural machinery.

Ukrainian Tractor Manufacturer to Move Production to Romania

May 11, 2022 | Posted in Ag Equipment Worldwide

According to a report from Observator, Kharkiv Tractor Plant, a Ukrainian tractor manufacturer that suffered bombing during the initial invasion of Ukraine, has announced it will move production to neighboring Romania.

Ukrainian Tractor Factory Destroyed in Bombing

March 4, 2022 | Posted in Ag Equipment Worldwide

According to a Feb. 28, 2022, report from Agroportal24h, the Kharkiv Tractor Plant, a manufacturer of wheeled and track-type tractors, has been destroyed and “engulfed in fire” by “massive shelling” from Russian forces in the eastern Ukrainian city of Kharkiv.

Buhler Industries Avoids Sanctions Amid Russo-Ukrainian War

February 28, 2022 | Posted in Ag Equipment Worldwide

According to a report from CBC, Buhler Industries was not named on a sanctions list from the Canadian government in response to the ongoing Russo-Ukrainian War.

UPDATED: Manufacturers, Dealers React to War in Ukraine

February 28, 2022 | Posted in Ag Equipment Worldwide

The Russo-Ukrainian War began Feb. 24, 2022, with the Russian invasion of Ukraine and has caused a series of problems for ag equipment manufacturers, dealers and farmers operating in the country.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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