Ruselectronics with the support of FRP expands production of the latest agricultural machinery
05 March 2021
Ruselectronics holding of Rostec State Corporation with the support of the Industrial Development Fund & # 40; FRP, under the management of VEB.RF & # 41; will double the production of the latest agricultural machinery as part of the diversification program. The total budget of the project is 263.5 million rubles, of which 210.8 million rubles will be provided by the IDF in the form of a soft loan.
Within the framework of the project, JSC "Radiozavod" & # 40; is part of "Ruselectronics" & # 41; will produce pneumatic trailed seeders for sowing grain and leguminous crops, as well as seeding complexes that allow you to perform several operations in one pass. Thanks to the modernization of the production capacity, it will be possible to produce up to 471 units of equipment per year, and the level of localization will be 85 & # 37 ;.
New models of seeding equipment will be distinguished by increased wear resistance and metering accuracy. And the availability of additional options will allow the customer to choose seeding equipment depending on the seeding technology and agroclimatic conditions. The equipment will be in demand both by small farms and large agricultural holdings.
“Today, the annual sales of our agricultural machinery is 370 million rubles, which is about 15 & # 37; market. We see potential for development and a growing demand for high quality equipment. The modernization and expansion of production became possible thanks to a concessional loan from the Industrial Development Fund, thereby significantly expanding the range and meeting the needs of agricultural enterprises in modern Russian-made equipment, "said Oleg Ratnikov, Director General of Radiozavod JSC.
JSC "Radiozavod" is one of the largest industrial enterprises in Russia engaged in the creation of automated complexes and special-purpose control systems. Since 1998, Radiozavod has been developing the production of civilian products, supplying seeding equipment to the regions of Russia and the CIS.