Ukraine

The Ministry of Economy added 212 new items to the list of agricultural machinery and equipment with 25% compensation

For the sixth time, the Ministry of Economy has updated the list of domestic machinery and equipment for the agro-industrial complex, 25% of the cost of which (without VAT) is compensated by the state. This time added to it 212 new positions and one new manufacturer. In total, the list includes 14,209 items from 162 Ukrainian manufacturers.

“The development of Ukrainian mechanical engineering, in particular agricultural engineering, is one of the key goals of the policy “Made in Ukraine”. The compensation program of 25% of the cost of equipment stimulates the demand for the products of domestic enterprises, promotes the expansion of production and investment in new developments. Since the beginning of the year, the list has grown by almost 2,500 items, 22 new manufacturers have joined it. This clearly demonstrates the effectiveness of the program: farmers are renovating the technology park on preferential terms, and machine builders are getting new customers, noted Deputy Minister of Economy, Environment and Agriculture of Ukraine Andrii Telyupa.

For the first time, the updated list includes the products of the “POLIGON” (Odesa), as well as added new positions from companies that already participated in the program: FOP Tomchuk Andriy Mykhailovych (Zhytomyr Region) – 27 new positions; “ELEVATOR EQUIPMENT FACTORY” (Odeszine) – 22 positions; “BILOTSERKIVMAZ” (Kyiv Oblast) – 5 positions; “TMS-TRADING” (Cherkasy) – 115 positions.

We remind you that compensation of 25% of the cost (without VAT) is provided for agricultural machinery and equipment with a confirmed production localization level of 60% or more (separate conditions apply for combines, tractors, self-propelled sprayers and grain trucks). The updated list is available on the website of the Ministry of Economy, Environment and Agriculture of Ukraine.

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In order to take advantage of the state program and receive 25% compensation for purchased machinery or equipment, the agricultural producer must choose a supplier from the List on the website of the Ministry of Economy, purchase the necessary equipment and submit an application with supporting documents to the authorized bank.

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