Belarus And Cuba: Trucks, Harvesters, Loaders, Motorcycles, Tractors. Financing Always An Issue. Donations From India's Sonalika. Caterpillar, Deere Delivered US$1+ Million In Product Since 2017
/MINSK, 3 October 2022 (BelTA)- Cuba has expressed interest in buying Amkodor loaders, BelTA learned from the company's press service. Representatives of the Cuban delegation paid a visit to Amkodor. Possible cooperation between Cuba and Belarus was discussed. The Cuban delegation expressed interest in purchasing universal and forklift trucks of the Belarusian company. The guests also got familiar with the production facilities and visited the company's permanent exhibition. The public joint-stock company (OAO) Amkodor is the managing company of the holding company Amkodor. The original enterprise was established in 1927. Nowadays the company make over 130 models and modifications of the special-purpose and agricultural vehicles. The company consists of 29 legal entities, 22 plants, which produce more than 6,500 marketable products. The number of employees exceeds 7,000. All Amkodor enterprises are integrated into a single technological chain. Each member specializes in production of specific machines, units and assemblies for all enterprises of the company. Amkodor constantly develop new models of machinery and improve the existing ones.
MINSK, 24 August 2021 (BelTA)- The Belarusian tractor manufacturer [Minsk Tractor Works] MTZ will ship 260 tractors to Cuba, BelTA learned from the MTZ's Telegram channel. Lolitta Snitko, Deputy Head of the Marketing Center for Europe, America, and Africa, said: “We've managed to build a direct interaction scheme and rule out the risk of the deal's failure. A letter of credit has been received as part of one contract. The other [contracts] have been signed on terms of with 100% payments in advance. Some of the tractors will be made in August and some in September. If everything goes without faults, we intend to execute these contracts by the end of the next month.” No MTZ tractors were sold to Cuba in 2020. The Belarusian company MTZ (Minsk Tractor Works) is one of the world's largest manufacturers of agricultural machines. Apart from the main factory the holding company MTZ comprises ten enterprises. More than 20 assembly enterprises have been established abroad. MTZ products are represented in over 60 countries.
MINSK, 27 September 2018 (BelTA)- Cuba is interested in buying Belarusian agricultural machines and is getting ready to sign the contracts, representatives of the Applied Research Center for Agriculture Mechanization of the National Academy of Sciences of Belarus told BelTA. “We are genuinely interested in Belarusian products for Cuban agriculture. Your machines have worked successfully in complicated climatic conditions in Cuba for many years. It is time to take our relations to the next level. We would like to buy even more of the latest samples of industrial products,” said Jose Suarez Leon, Director General of the Agricultural Engineering Office of the Cuban Agriculture Ministry. The Cuban delegation is staying in Belarus on 23-30 September. The Applied Research Center for Agriculture Mechanization of the National Academy of Sciences of Belarus is the receiving organization. Signing a bilateral agreement on R&D cooperation is one of the items on the itinerary. “The Cubans have shown a live interest in our applied research center. They've decided to borrow our organizational practices and assimilate them in the relevant organizations in Cuba,” noted representatives of the NASB Applied Research Center for Agriculture Mechanization. The Cuban delegation visited the center's experimental manufacturing branch. The sides reached an agreement that a specialist of the enterprise will be sent to Cuba to prepare the delivery of a lineup of potato harvesters, machines for calibrating, polishing, and washing potatoes and packing them into sacks. The Cuban delegation has also decided to buy everything necessary in Belarus in order to arrange a soil box just like the one used by the NASB Applied Research Center for Agriculture Mechanization for the sake of cheaply testing agricultural machines at any time of the year. The Cuban delegation also visited some other branches of the NASB Applied Research Center for Agriculture Mechanization, including a hot zinc plating plant in Lida and the Zazerye facility with its biogas plant, a grain drying complex, and a dairy farm. The Cuban delegation demonstrated interest in a lot of Belarusian industrial products ranging from Motovelo motorcycles to utility vehicles made by Amkodor, Gomselmash harvesters, MTZ tractors, and MAZ trucks. The delegation visits four to five enterprises in different cities every day, said the source.
LINK: Cuba Will Require Long-Term Financing For Agricultural Equipment Purchases From Belarus September 27, 2018
MINSK, 27 February 2018 (BelTA)- MTZ is mulling over the delivery of over 940 tractors to Cuba, Dmitry Schastny, the deputy marketing director of Minsk Tractor Works (MTZ trademark), head of the department for sales in non-CIS countries, said at an international conference of MTZ distribution network entities, BelTA has learned. In 2017, Minsk Tractor Works delivered 150 tractors to Cuba. The loan to purchase the tractors was allocated by the Development Bank of Belarus in accordance with Decree No.523 to promote the export of goods (works, services). The decree helps MTZ as an exporter to supply equipment to the consumers and get payments. “As regards this transaction the MTZ received the payment instantaneously after the shipment of tractors,” Dmitry Schastny said. MTZ opened a representative office in Cuba and intends to continue to supply large quantities of equipment. Now, together with the Development Bank and Cuban counterparts the company is working on the possibility to supply 943 tractors.
LINK: Competition From Donations And Long Term Government Financing Are Hurdles To John Deere And Caterpillar February 27, 2018
HAVANA, 27 February 2018 (Granma)- Punjab, India-based Sonalika Group (2017 revenues approximately US$682 million) has donated sixty (60) small and medium-sized tractors (assembled in the Republic of Cuba) and farming equipment (including rotary and grass cutters, cultivators, trailers and replacement parts) valued at a combined US$5 million, to Republic of Cuba government-operated Gelma's Agricultural and Livestock Basic Enterprise Unit under the auspice of the Ministry of Agriculture of the Republic of Cuba. According the the Ministry of Agriculture of the Republic of Cuba, the tractors will be used with protected and semi-protected crops, specifically within in green houses and covered growing spaces.
Caterpillar And Deere Presence In Cuba
In 2017, Deere & Company (2021 revenues approximately US$44 billion) established a distribution center in the Republic of Cuba, joining San Juan, Puerto Rico-based RIMCO, the Republic of Cuba distributor for Peoria, Illinois-based Caterpillar Inc. (2021 revenues approximately US$51 billion) established the same year. At the time, neither Deere & Company nor Caterpillar issued media releases or posted information on their respective Internet sites.
Since November 2017, Deere & Company delivered more than US$800,000.00 in agricultural equipment to the Republic of Cuba for use at its distribution center. Antioch, Tennessee-based Wirtgen America, Inc., a subsidiary of Windhagen, Germany-based Wirtgen Group (2020 revenues approximately US$3 billion), a construction equipment machinery subsidiary (acquired in 2017) of Deere & Company has also delivered products to the Republic of Cuba. RIMCO continues to deliver equipment for use at its distribution center in the Republic of Cuba, including excavators, backhoes, graders, scrapers, bulldozers, railway fixtures, and signaling equipment, valued at more than US$4 million since December 2018. John Deere Financial Services was to provide payment terms/financing for the exports, primarily Series 5000 (price range US$25,000.00 to US$80,000.00) with a limited quantity of Series 7000 (price range US$219,000.00 to US$280,000.00). According to the company, several hundred tractors, parts and accessories may be exported from the United States to the Republic of Cuba during the next four years, with the first deliveries (for testing and evaluation) scheduled for mid-November 2017. The potential value of the several hundred products exported from the United States to the Republic of Cuba that would be financed could range from US$9 million to US$30 million. John Deere Financial Services has not commented as to whether the product sales goals have been achieved or if there have been issues relating to the receipt of payments. Caterpillar has not disclosed if the company has provided payment terms for its products exported to the Republic of Cuba.
