DGAP-News
Ekotechnika boosts half-year sales to EUR 70 million - Seite 2
relatively high producer prices and, hence, farmers' higher incomes will
continue to be the main growth drivers for Ekotechnika this year. The
company primarily sells products of the John Deere brand, the world's No. 1
in agricultural machinery, which has only recently announced a record
result for the second quarter (30 April). The US world market leader
accounted for approximately 60% of Ekotechnika's 2012/2013 half-year sales.
The German Engineering Federation (VDMA) expects the global output of
agricultural machinery to increase by 6% to EUR 96 billion in 2013. Being
the largest territorial state in the world, Russia is considered by
international manufacturers to be one of the markets with the greatest
potential.
About Ekotechnika
Walldorf-based Ekotechnika GmbH is the German holding company of the
Ekoniva-Technika Group, the largest distributor of agriculture equipment in
Russia. The company's single most important supplier is John Deere & Co.,
the world's leading manufacturer in this field. In addition, Ekotechnika
sells equipment from another 11 market-leading manufacturers. Its main
business is in selling new equipment such as tractors but also milking
equipment and precision farming technology. In addition, the company sells
spare parts and provides service and maintenance. Ekotechnika's founder and
main shareholder is Stefan Dürr, who has been active in the Russian farming
sector since the late eighties and has been instrumental in its
modernisation over the past two decades. In 2011 the equipment business was
separated from the farming business, which now operates independently under
the name Ekosem-Agrar. Operating 12 locations in attractive Russian farming
regions, Ekotechnika today employs 625 people and generates sales of just
under EUR 170 million.
Contact
Ekotechnika GmbH
Johann-Jakob-Astor-Str. 49
69190 Walldorf
P: +49 (0) 6227 3 58 59 60
E: presse@ekotechnika.de
www.ekotechnika.de
Press / Investor Relations
Fabian Lorenz
IR.on AG
P: +49 (0) 221 9140 974
E: fabian.lorenz@ir-on.com
End of Corporate News
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Language: English
Company: Ekotechnika GmbH
Johann-Jakob-Astor-Str. 49
69190 Walldorf
Germany
Phone: +49 (0) 6227 3 58 59 60
E-mail: info@ekotechnika.de
Internet: www.ekotechnika.de
ISIN: DE000A1R1A18
WKN: A1R1A1
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart (bondm); Frankfurt in Open Market
End of News DGAP News-Service
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