A partnership agreement has been signed between the Algerian GRA Group and the Italian group ARGO TRACTORS for the construction of a factory for the initial assembly of 800 Landini brand CKD tractors to reach 5,000 units, in a second phase, with a gradual increase of the integration in order to reach a rate of 40%. The factory, which will be located in El-Tarf (Northeast of Algeria), will generate 200 jobs. The Algerian GRA Group holds a ministerial authorization issued in 2016 which has enabled the company to commercialize 800 Landini tractors so far, considering that the national needs for tractors are 12,000 units per year.

 

Source: medNews