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The Kharkiv Tractor Plant, once the largest tractor plant in the Soviet Union, is to receive $100 million in investment

The Kharkiv Tractor Plant, once the largest tractor plant in the Soviet Union, is to receive $100 million in investment

The Kharkiv Tractor Plant, once the largest tractor plant in the Soviet Union, is to receive $100 million in investment, according to Oleksandr Yaroslavsky, owner of the DCH group, which owns the massive plant. Long starved for investment, the plant produced only 794 tractors last year, a low output for a work force of 3,000. Yaroslavsky tells Interfax-Ukraine that under a current, $8 million modernization, 200 model improvements have been made. The first goal is to win back the Ukraine market, then work on regaining lost foreign markets.

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