Press releases - Ambassador of the Polish Economy2015-09-24

URSUS – Ambassador of the Polish Economy

 

On 23 September 2015 URSUS has been awarded with the title of the Ambassador of the Polish Economy in the “Export” category. The award was granted by the Business Centre Club. URSUS received the award for its success in the export markets and for its promotion of Poland abroad.

- The Ambassador of the Polish Economy award is a source of pride for me and everyone from the company. ”When, in 2011, we decided to take over the bankrupt URSUS plant and to invest in the revival of a brand with a 120-year history and a once powerhouse in the Polish motor industry, few believed that we would succeed. Today Ursus is an export brand which is successfully conquering ever more markets throughout the world", said Karol Zarajczyk, the President of URSUS S.A.  

The Deputy Prime Minister and Minister for the Economy Janusz Piechociński,  who was the host of the awards ceremony, commenting on the award, drew attention to the company’s success on the African market: “I would like to warmly congratulate URSUS because it makes a considerable contribution to the development of Polish export. Through its expansion in Africa and the sale of its products, the construction of an assembly plant at Adama in Ethiopia – there by creating new jobs there – URSUS is showing other Polish companies that business can be done there. It is showing how to attract partners in the global economy and how to share with others, because anyone who does not do so loses” - said Janusz Piechociński.

URSUS is strengthening its position in Africa.

The company is successfully strengthening its position on the African market. In 2012 it entered into a contract with the Ethiopian METEC for the supply of tractors, equipping service centres and the supply of spare parts.          On 12 May 2015, an assembly plant for URSUS tractors was opened in Adama. Its employees were trained by Polish engineers and technicians. The signing of the contract was preceded by a bilateral cooperation agreement between the governments of Poland and Ethiopia. The Ethiopians received a loan from the Polish BGK bank for the purchase of our products. 

On 26 August 2015 URSUS signed another contract with the Ethiopians – this time with the Ethiopian Sugar Corporation – for the supply of tractors, trailers and spare parts for the transport of sugar cane. The contract worth U$ 30.6m includes an option to increase the value of the order by 25% by the end of September 2015. The order will be completed in Q4 2015 and in Q1 2016. 

URSUS is expecting further expansion into other promising foreign markets. Significant partners for URSUS are companies operating in Scandinavian and Easter markets and in countries such as the Czech Republic, Slovakia, Hungary, Belgium, Holland, Slovenia and Croatia to which it already exports the full range of its products.

 

For further information contact:

Mariusz Lewandowski

URSUS S.A. Press Officer                                                                                

Tel: + 48 544 271 101                                                                                  

Mobile + 48 669 060 051                                                                            

mariusz.lewandowski@ursus.com                                        

About the company:

URSUS S.A. is Poland’s largest manufacturer of tractors and agricultural machinery, with a more than 120-year history of mechanising Polish agriculture. The company provides a broad range of vehicles, machines and equipment for use in agriculture in Poland and throughout the world. URSUS products satisfy the needs of all generations of farmers by combining the traditions of Polish motorisation and the latest world standard quality. URSUS is the oldest national brand with the potential for further growth.

The company currently has three production plants – in Dobre Miasto, Opalenica  and the largest one in Lublin, where it employs over 960 workers. Annually, URSUS produces some 1 200 tractors and thousands of agricultural machines which are sold in Poland and abroad.

The Group  is owned by key investors in the Lublin region where it is developing its production base and its research and development laboratory. URSUS R&D works with engineers from Lublin Polytechnic and those from the Military Technical Academy in Warsaw in order to develop innovative technological solutions. The company’s board wants to utilise the 120-year tradition of the brand and the potential of Polish engineers and constructors to create a state-of-the-art research and production centre in Lublin. URSUS products reach thousands of customers in Poland and throughout the world – including the Czech Republic, Belgium, Holland and Pakistan. Of the 1.5m tractors currently in use in Poland almost half (700 000) are URSUS tractors.

In recent years URSUS has become one of Poland’s leading exporters to Africa. In 2013, under an agreement between the Polish and Ethiopian governments, the Group signed a contract with METEC (Ethiopia) for the supply of tractors, the equipment of service centres, the supply of spare parts and training. On 26 August 2015 URSUS signed another contract with the Ethiopians – this time with the Ethiopian Sugar Corporation (ESC) – for the supply of tractors, trailers and spare parts for the transport of sugar cane. The contract worth U$ 30.6m includes an option top increase the value of the order by 25% by the end of September 2015. The order will be completed in Q4 2015 and in Q1 2016. The contract with ESC is URSUS’ second African contract gained following a tender in which URSUS; technical and financial bid was considered to be the most favourable.



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