Rostselmash will be freed from related industries
The New Commonwealth holding, which owns more than 60% of Rostselmash shares, announced the beginning of a large-scale restructuring of the combine harvester giant. In October, three structural divisions will be separated from Rostselmash into independent factories: Conord (production of boilers and non-standard equipment), Rostov plant of special tools, technical equipment and Rostov non-ferrous casting plant. These productions employ about 15% of Rostselmash personnel.