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9.2.11 Other sector corporate news
The Kharkiv Tractor Plant, once the largest tractor plant in the Soviet Union, is to receive $100mn in investment, according to Oleksandr Yaroslavsky, owner of the DCH group, which owns the massive plant. Long starved for investment, the plant produced only 794 tractors last year, a low output for a work force of 3,000. Yaroslavsky tells Interfax-Ukraine that under a current, $8mn modernization, 200 model improvements have been made. The first goal is to win back the Ukraine market, then work on regaining lost foreign markets.
76 UKRAINE Country Report December 2018 www.intellinews.com