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AGCO Corporation celebrates 30th anniversary
The AGCO Corporation, one of the market leaders in the field of distribution of agricultural machinery, this year celebrates 30-year anniversary. Since the Foundation in 1990, AGCO brought together nearly 40 companies into one global organization, having invested $1.4 billion in Each brand contributes to the ultimate goal – to provide farmers with the necessary equipment and solutions for sustainable development with minimal costs.
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Since the early 90-ies, since its Foundation, the Corporation became an active participant in the restructuring process of the world agricultural engineering. It was founded in 1990 on the basis of the Deutz Allis, emerged from the West German firm KHD. Then began the production and sale of agricultural equipment in North America. Initially, the Corporation was called Gleaner-Allis Corporation, and then was renamed Allis-Gleaner Corporation, or AGCO.

Today, the AGCO Corporation is a world leader in the fields of development, production and distribution of agricultural solutions. In the package of main and additional brands include Fendt®, Massey Ferguson®, Valtra®, Challenger®, AGCO Parts®, AGCO Finance, Fuse® and GSI®. Selling AGCO equipment are delivered worldwide through a dealer network consisting of 3100 companies operating in more than 140 countries. To date, the AGCO Corporation has more than 22 000 employees in 20 countries. They all share the desire to create smart, effective solutions to meet the needs of farmers.

In addition to the main activities of AGCO is actively developing environmental and social areas. On different continents regularly research and practical events on the AGCO future farm in Zambia, and Switzerland, at the Institute of precision agriculture in the United States, and global projects as, for example, Crop Tour, which, including, was conducted in Russia in the years 2017-2019. Experience and expertise are used to make agricultural industry more efficient, profitable and sustainable, and to preserve natural wealth for future generations. The Corporation actively supports youth education, food security, and support communities through its corporate social responsibility program and the AGCO agricultural Fund, founded in 2018.

In Russia, AGCO Corporation is actively working since 2006; now the technique of its brands is a venture AGCO-RM. Today, the dealer network, AGCO-RM is composed of 20 companies operating in 58 regions of Russia. They offer farmers a full range of agricultural machinery and trailer equipment through two channels of distribution, Massey Ferguson® and United Fendt®, and Valtra®.

Martin Richenhagen, chief Executive officer of AGCO:

– AGCO today is a wide range of agricultural machinery and equipment for soil processing and sowing, high-horsepower tractors, sprayers and harvesters. We strive to meet the needs of today's farmers and producers, but also understand how our support is important to future generations. The growth of the population up to the projected 10 billion people by 2050, the rapidly growing impact of agriculture on the health of our planet and the AGCO team is ready to take this challenge! With our new vision "for sustainable high-tech solutions for farmers that supply food to the whole world", we are focused on long-term economic, social and environmental sustainability for the solution of important problems of food security and resource efficiency. Despite the impressive achievements, we continue to invent new solutions for improvement, focusing on quality, which has always been and remains in the first place.


About AGCO

AGCO (NYSE:AGCO) is a global leader in the development, production and distribution of agricultural equipment. The company offers modern technical solutions and a full range of equipment and services to producers around the world. AGCO equipment is sold under five core brands: Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®. It is equipped with smart farming technologies Fuse®. The headquarters of AGCO Corporation, founded in 1990, is located in Duluth (Georgia, USA). In 2019, net sales of AGCO amounted to $9 billion. Additional information is available on the website http://www.AGCOcorp.comand also on the official page @AGCOCorp on Twitter. Financial news corporations are published on Twitter with the hashtag #AGCOIR.


AGCO-RM (legal name – company "agko MASHINERI"), (www.agco-rm.ru) – a company offering a full range of equipment for agricultural work and the special segment engaged in the distribution of products of the following famous brands: Fendt®, GSI®, Massey Ferguson® and Valtra®.

About AGCO Parts

AGCO Parts brand owned by AGCO under which the Corporation supplies original spare parts, lubricants and accessories for the entire line of equipment under the trademarks of Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®. Manufactured using advanced technology, certified and meet the highest quality standards. All products AGCO Parts tailored to the specific use of equipment and machinery and is available in the official dealerships AGCO-RM. Read more about AGCO Parts can be found on the website www.agcoparts.com.

About AGCO Finance

AGCO Finance (legal name – LLC "AGCO Finance"), (www.agcofinance.com) – a joint venture between De Lage Landen International B. V., Netherlands (DLL), partner solutions, global financing, and AGCO, a leading global manufacturer of agricultural equipment. At the same time being a reliable Bank and an experienced professional in the area of agriculture, AGCO Finance operates in 23 countries, including European countries, North and South America, and Australia. For 29 years the company has leased nearly 300,000 units.

Translated by service "Yandex.Translation"
Источники: Agro2b
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