The Polish brand “Ursus” leaves the scene. Born in 1893, he was for a long time a protagonist of the agricultural mechanization of Eastern Europe, but for some time he had entered into a debt spiral which on March 14 last induced the owners of the Dutch mixer wagon manufacturer Trioliet not to oppose the proposal bankruptcy filed in the Warsaw court by creditors Getin Noble Bank and Pko Bp. Now the entire production assets and the rights relating to the Ursus brand have been auctioned with a starting price of just under 29 million euros.
Title: Tractor brand “ursus” closes
