Ursus signs lucrative deal in Tanzania

Image : shutterstock

Polish tractor producer Ursus has signed a $55 million contract with Tanzanian National Service Corporation Sole (SUMA JKT) to sell 2,400 vehicles and components, a company press release.

Image: URSUS

“The contract in Tanzania is a result of Ursus’ wide expansion in Africa. Our products are appreciated there, due to the high quality of components. In carrying out deals in Africa, we are contributing to Africa’s agriculture mechanization and the development of the entire continent,” said Karol Zarajczyk, URSUS CEO.

Under the term of the deal, Ursus will deliver the tractors in Q1-Q3, 2016. The Polish producer will also equip an assembly hall and service centers, owned by its Tanzanian partner.

The contract with SUMA JKT is Ursus’ third deal in Africa, after two in Ethiopia with state-owned METEC and Ethiopian Sugar Corporation.

Pin It