The joint venture is expected to begin operations in early 2014, with the companies each having an equal ownership. The manufacturing facility will be located in Golitsyno, near Moscow, with a total area of nearly 12.5 hectares including 27,000 square meters of production facilities.

The site will include a product show room, a training center and will feature state of the art manufacturing processes. The training center will offer courses designed to educate customers and dealers on the latest agricultural machinery technologies.

Additional plans include the creation of a model farm, based on the agricultural business of Basic Element, to develop and disseminate modern full-cycle agricultural solutions that help to improve efficiency of Russian farmers.

The joint venture plans to offer comprehensive agricultural solutions for medium and large-scale farmers, including support services such as financing and insurance, leveraging RM’s supply chain strengths and providing AGCO with a strong local partner.

AGCO will introduce more of its high-tech products into the Russian market, while RM will provide the necessary production capabilities and support with local business development expertise.


“The agricultural sector in Russia has significant potential but needs modernization and efficiency gains,” says AGCO President Martin Richenhagen. “The joint venture between AGCO and Russian Machines is to join forces in bringing local farmers a wide range of professional farming equipment, technologies, services and solutions.”  FG

—From AGCO news release