John Deere to invest 125 mln USD in skidder production in Russia
Thursday, 03 September 2009

John Deere is to invest 125 mln USD in construction of facilities for skidder production at the site of Industrial park Yuzhnye Vrata. It amounts to ¼ of expected investments in Russia.

The final decision to be taken by the Ministry of Industry and Trade of the RF, John Deere is to start machinery supply. Expected start-up falls on QI 2010. The production is to be localized in future with imported spare parts to be mainly used at first.

Skidders’ lineup is not revealed currently.

Reference:
Yuzhnye Vrata industrial park –total square of 75 000 sq. m – belongs to Giffels Management Russia. The site is situated in 30 km from Moscow.

Business Support Bureau "Runa"  www.runa.info 

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