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Lublin-based Ursus conquers Africa

On 23rd March 2017 URSUS S.A. signed a contract with the Industrial Development Corporation (IDC) for the delivery of 2694 tractors and 2509 agricultural machines together with equipment and spare parts. The contract also includes the set-up of an assembly plant and 10 service centres on the territory of Zambia. The total amount of the contract is 100 million USD. It is the biggest African contract of URSUS. Up till today, the company has concluded projects in Africa for the total value of 140 million USD.

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– It is another significant contract of URSUS on the African continent. The experience gained over the years on these markets, proven and reliable technology and the recognition of URSUS brand, all resulted in the fact that Zambia is yet another country which decided to choose our offer. Concluding the contract confirms the involvement of Ursus in the realization of projects which contribute to the mechanization of agriculture in another African countries. Our position as a partner for African entrepreneurs is strengthened and it constitutes a proof of our competitive advantage on the international market – says Karol Zarajczyk, the President of URSUS S.A.

On 23rd March 2017 in the presence of the Zambian Minister of Finance, Felix Mutati, at the request of the President of the Republic of Zambia, His Excellence Edgar Chagwy Lungu and the Members of the Government of the Republic of Zambia, URSUS signed with IDC the contract for the delivery of 2694 tractors within the power range of 47-180 HP and 2506 agricultural machines, e.g. trailers, manure spreaders, round balers for straw and hay as well as ploughs with equipment and spare parts. Additionally, the contract includes building a modern assembly plant of URSUS’s products in the Lusaka-South economic zone and creating authorized service centres in each of the ten provinces of the country.

The total value of the contract (in the moment of its conclusion) is 100 million USD. The realization of the project will begin immediately after receiving by the company the prepayment in the amount of 40% of the total value of the contract. The completion of the contract is envisaged for one year from the moment of the beginning of its realization.

The current portfolio of the company is 197,3 million PLN. Up till today, the company has concluded projects in Africa for the total value of 140 million USD.

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