Rostselmash, a major agricultural machinery manufacturer in Russia, may have to suspend operations if it fails to sell 2,500 tractors and combines. This was announced by State Duma Vice-Speaker Victoria Abramchenko.
According to her, all possible anti-crisis support measures for the company have already been used.
These include postponing the payment of the recycling fee until the end of 2025. This will help Rostselmash preserve working capital amid rising credit costs and allocate about 25 billion rubles to production, jobs, and components. The plant also has access to other government support measures.
The conclusions are disappointing: if we fail to sell 2,500 tractors and combines, company employees will have to take unpaid leave. All possible anti-crisis support measures have already been used.
Rostselmash warehouses have accumulated almost three thousand units of equipment – about 700 tractors and 2,200 combines – that have not found their buyers.
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