List of agricultural machinery with cost compensation expanded to 11,300 items

30.09.2024 17:27 "Agro Perspectiva" (Kyiv) — The list of Ukrainian agricultural machinery and equipment made in Ukraine, the cost of which is partially compensated at 25% under the state program to support agricultural producers, has been expanded to 11,314 items. In particular, 126 Ukrainian agricultural machinery companies participate in the program. The relevant order was approved by the Ministry of Economy.

«The Ministry of Economy has enlarged the list of Ukrainian machinery by another 50 items, for which the state will compensate farmers 25% of the cost. Agrarians will receive over UAH 150 million in compensation for the purchased machinery under the program. With the state support, we aim to give a boost to the development of Ukrainian machine building and help our machinery and equipment manufacturers become more competitive in the market, and help farmers upgrade their fleet on favorable terms,» said Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.

To benefit from the state support program and receive 25% compensation for the cost of purchased machinery or equipment, an agricultural producer must choose a supplier from the list on the Ministry of Economy website, purchase the necessary equipment and submit an application and supporting documents to an authorized bank.

Producers wishing to include their equipment in the List may contact the Ministry of Economy via the official e-mail — meconomy@me.gov.ua. The application must be submitted in electronic form using an electronic signature or other means of identification that allow to establish the identity of the head or authorized person.

The list of machinery and equipment is regularly updated after verification of the localization of production. Compliance of manufacturers is established in accordance with the criteria specified in the Resolution of the Cabinet of Ministers of Ukraine No. 130 dated March 1, 2017 (as amended).

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