Стратегический производитель сельхозтехники «Ростсельмаш» оказался на грани остановки линии

The company may suspend operations from July due to a sharp drop in demand

The largest manufacturer of agricultural machinery in Russia, the Rostov plant Rostselmash, is on the verge of shutdown. Faced with the accumulation of huge stocks of finished products and a sharp drop in demand, the company may suspend operations as early as July this year.

The suspension of production activities is mentioned, in particular, in an appeal to the head of government, Mikhail Mishustin, from the Vice-Speaker of the lower house of parliament, Victoria Abramchenko, who called on the cabinet to take urgent support measures to save the strategic enterprise. However, it is unknown whether a political decision will help in this situation.

Rostselmash warehouses have accumulated almost three thousand units of equipment – about 700 tractors and 2.2 thousand combines, which have not found their buyers.

Despite the reduction in the production plan for 2024, 3 thousand combines and 1 thousand tractors, sales remain at an extremely low level.

As a result, the company's management is forced to take extreme measures - from June, employees are sent on paid leave, and in case of further deterioration of the situation, a complete shutdown of production with the payment of two-thirds of earnings is possible.

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