Zetor Aims for New Markets for Its Tractors

Utility tractor maker Zetor says it shipped 3,144 units globally in 2016, a 16% drop in units sold on top of the 9% fall experienced between 2014-15.

A challenging sales environment in the group’s main markets of North America and central Europe is largely to blame, says financial director Lukas Krejcir, who is encouraged that Zetor generally maintained market share and increased it in some places, notably Germany, Lithuania and Slovakia.

Revenues equivalent to $132…

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