Ekotechnika Sees Big Revenue Growth in Strong Russian Market

A stronger market for tractors, combines and other agricultural machinery in Russia last year helped Ekotechnika and its John Deere dealership group score record revenues.

Additional John Deere sales territories awarded in 2020 and a beneficial shift in exchange rates also contributed to revenues of €243.6 million ($278 million) in the German holding company’s 2020-21 financial year to the end of September.

That compares favorably with prior year revenues of €193.8 million ($221 million) and…

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