A company from Kropyvnytskyi has launched tractor production. How importers become manufacturers
14 April 16:15
Agro Kar, a company from Kropyvnytskyi, has invested UAH 30 million in launching the production of tractors for agricultural needs and has already started mass production of the equipment. This was reported by Dmytro Kysylevskyi, Deputy Chairman of the Verkhovna Rada Committee on Economic Development, Komersant ukrainskyi reports.
What does this company do?
AgroCar imports machinery and spare parts from Europe and the United States for the needs of Ukrainian farmers and, in addition to imports, has also been producing spare parts for agricultural machinery.
And recently, it has launched mass production of SPIKE TK tractors. According to the company’ s CEO, Andriy Teplyuk, four models are being produced.
“In the midst of the war, our team has started an important business for the economy – the production of tractors, trailed equipment and spare parts for them. This is a necessary step to strengthen the country’s economy, create new jobs and enable farmers to get quality equipment at an affordable price,” said the head of Agro Kar.
The company tries to localize production as much as possible
The company engages component manufacturers from all over Ukraine to produce tractors and other machinery.
According to Dmytro Kysylevskyi, Deputy Chairman of the Verkhovna Rada Committee on Economic Development, who visited the company, Agro Kar buys hydraulics and distributors for tractors from Hydrosila (Kropyvnytskyi), radiator blocks from Promtransenergo (Sumy), lubricants – JV Yukoil (Zaporizhzhia), control cables – Technoprivod (Rivne), high-pressure hoses – Motorimpeks (Kalush), batteries – Ista-Center (Dnipro), glass – Safe Glass Factory (Berdychiv), polymers and rubber seals, tanks – Poly Plast (Kropyvnytskyi), wires and harnesses – Mac Farmer (Kropyvnytskyi).
Negotiations are also underway to adapt the production of Rosava tires (Bila Tserkva) and Consima wheels (Dnipro) to the requirements of the company.
How an importing company became a manufacturer
“The ‘Made in Ukraine’ economic policy gives birth to new plants. Companies that used to only import or repair equipment are becoming manufacturers thanks to government programs,” Dmytro Kysylevskyi described the production transformation of a particular company.
He also detailed this path. According to the MP, to implement the tractor production project, Agro Kar took advantage of several state policy programs “Made in Ukraine”.
“In particular, the company raised UAH 30 million for the new project under the 5-7-9 affordable loan program, and another UAH 8 million will be received as a state grant for the processing industry to purchase a modern laser machine. If the company reaches the required level of localization, it will be able to join the program to compensate 25% of the cost of Ukrainian-made agricultural machinery. For this purpose, the company engages domestic manufacturers of spare parts and components,” said the MP.
How the company plans to develop production in the future
Currently, Agro Kar is engaged in the assembly of tractors. As Dmytro Kysylevskyi explained, this involves the production of each tractor at a separate site. Currently, the production volume is 12 tractors per month.
In September 2025, the company plans to switch to assembly line production in a new 2000 square meter workshop. Its construction is already underway. The total investment in this project is about UAH 100 million.
After the launch of conveyor production, the company plans to increase production to 50 cars per month.
112 thousand loans have already been issued under the affordable lending program
Since the beginning of 2025 alone, businesses have received 7,325 soft loans under the Affordable Loans 5-7-9% program totaling UAH 23.8 billion. In total, since the program was launched in February 2020, Ukrainian businesses have received about 112,000 loans worth UAH 390 billion.
The “Affordable Loans 5-7-9%” program is part of the “Made in Ukraine” policy for the development of Ukrainian producers and is aimed at stimulating micro, small and medium-sized businesses by reducing the cost of credit resources through government compensation or government guarantees.
The program is implemented through the Entrepreneurship Development Fund and authorized banks.
The largest volume of lending under the program in 2025 falls on the city of Kyiv. The top ten also includes five of the nine regions that are considered high military risk zones – Dnipropetrovs’k, Kyiv, Odesa, Kharkiv, and Chernihiv regions.
The most frequently lent companies are those operating in the processing industry, agriculture, wholesale and retail trade.
Currently, 46 banks participate in the program. The largest number of loans since the start of the program have been issued by: “Privatbank – 51.6 thousand, Oschadbank – 17.2 thousand, Ukrgasbank – 6.1 thousand.
