Russia’s largest manufacturer of truck-mounted cranes, Avtokran, says that it has reached a cooperation agreement with US-based Terex during a visit to Russia by Terex executive vice president Fil Filipov at the end of April.

Invited by the Russian Independent Association of Machine-Builders, Filipov visited Avtokran and the Bryansk Plant of Wheel Tractors, both controlled by the association.

According to the Avtokran press service, an agreement was reached at the talks to purchase certain types of products from Avtokran, particularly slew rings.

The first batch of parts was to be shipped to Atlas Terex and Schaeff Group, Terex’s subsidiaries in Germany.

The purchase of cheap Russian-made parts could help Terex cut costs at its German plants.

Avtokran, which earlier supplied the main parts for cranes to plants in the ex-USSR, hopes that cooperation with Terex will help it boost sales of spare parts and get technical assistance for its project to manufacture Russia’s first mobile cranes with a lifting capacity of 100 tonnes.

Terex representatives confirmed Filipov had discussions about doing business with Avtokran, but said that no agreements had been finalized.