AGCO suspends shipments to Russia

Share this item

Since the start of the war in Ukraine, AGCO’s first priority has been protecting their Ukrainian employees and families.  The company took a range of fast actions to secure their ongoing safety and stability and has extended many of those same protections to their industry partners and farmers.

“Sustainably feeding our world” is core to AGCO’s purpose, and the war in Ukraine jeopardizes the food security of those who rely on Ukrainian and Russian exports.  The AGCO Agriculture Foundation (AAF) previously announced a $100,000 donation to support United Nations World Food Programme emergency relief efforts. These efforts provide food assistance to Ukrainian families and those in neighboring countries impacted by the conflict. AGCO and the AAF have also created a “ShareTheMeal” team campaign with the U.N. World Food Programme to raise the equivalent of 182,000 meals in three months as an extension of the total donation.

Russia and Ukraine are vital to the world’s food supply. AGCO has carefully considered how best to serve farmers while taking necessary action in response to the unprovoked attacks on Ukraine.  They immediately suspended the sale of new machines into Russia and Belarus two weeks ago. AGCO also complied, and will continue to comply, with all sanctions. 

“Our hearts are with the people of Ukraine and all those directly impacted by this war. We will continue to take action to prevent this humanitarian crisis from becoming a global hunger crisis”, according to a company statement.

Leave a Reply

Your email address will not be published. Required fields are marked *

Stay Connected

More Updates

Valtra modernizes Suolahti plant in Finland
Business news

AGCO invests in Valtra plant

Valtra modernises and expands their brand home factory in Suolahti, central Finland. Recent investments in the AGCO subsidiary enable improved manufacturing efficiency and better working

Read More »
Receive the latest news

Subscribe to our newsletter