February 17 2003, 14:55 UNIAN

Russian grain harvester will be produced in Ukraine

One of Ukrainian companies has reached an agreement with Russian producer of grain harvesters - CJSC Sibmashholding (Krasnoyarsk, East Siberia) - about establishment on the basis of a Ukrainian machine-building plant of joint assembly enterprise to produce Russian Yenisey series of grain harvesters. The machine will have no less than 50 percent of Ukrainian component parts.

It has been said that this agreement will help the Russian holding significantly increase its sales of Yenisey series harvesters in Ukraine.