Pivdenmash, Case set up joint venture (07/19/98)

Pivdenmash, Case set up joint venture

Eastern Economist

KYIV - Yurii Alekseiev, director general of the huge Pivdenmash manufacturing facility, and Jean-Pierre Rossaue, president of U.S.-based Case, signed an agreement on June 22 creating the joint venture DniproCase. The JV will use Case's technology to make 250 HP tractors in Dnipropetrovsk.

The JV hopes to roll out 500 new tractors by the end of 1998 and DniproCase hopes to manufacture 4,000 to 4,500 tractors per year within five years. Within three to four years these tractors will be assembled using Ukrainian-made parts. The JV will also market, sell and service Case tractors in Ukraine.