Ursus to double number of registrations next year

Polish tractor manufacturer Ursus expects to reach 400 registrations of its vehicles in Poland this year, and, if conditions are conducive, to double that number next year, said CEO of the company Karol Zarajczyk. "Four hundred registrations this year is attainable. Next year's result will depend on the dynamics of EU subsidies distribution. If these are channeled in Q1-Q2, there's nothing in the way to double the number," Zarajczyk said. He also informed that PLN 22 million raised through the issue of shares will be earmarked for the international expansion and the development of electric city buses.