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Tosno restarts backhoe-loader production at the former Caterpillar plant

Tosno restarted backhoe-loader production using licensed technology. The plant targets 300 machines in 2026, followed by higher annual output and worker growth.

Source publication date:

Backhoe loader assembly
Backhoe loader assembly

Tosno restarted backhoe-loader production in Russia, Interfax reported on 15 April 2026. Gorizont chief executive Andrei Alexandrov said the plant had licensed technology from Chinese partners. Investment reached approximately 500 million roubles; the announced targets were:

Production and employment plans

The transfer authorization in 2023

On 27 November 2023, Interfax reported presidential approval for transferring Caterpillar's manufacturing and leasing subsidiaries to a Russian investor. PSK–Novye Resheniya was named as the permitted purchaser. The enterprise had suspended production in March 2022, citing sanctions and logistics disruptions. Its Tosno factory had operated since 2000, making off-highway mining trucks, hydraulic excavators and components for other company factories.

The report cited plant revenue falling from nearly 5.9 billion roubles in 2021 to 3.2 billion in 2022. Net losses increased from 890 million to two billion roubles.

A new name in July 2024

A report on 8 July 2024 described the former Caterpillar Tosno company's renaming as Tosno. The legal-entity register recorded the change on 4 July. Interfax said control of the manufacturing and leasing businesses had transferred by 14 June to Investitsionnye Resheniya, formerly PSK–Novye Resheniya.

At that stage, Balchug Capital held 99% of the purchaser and Artem Orus held 1%. Orus had replaced Kirill Polishkin as its chief executive in June. The report put the plant's 2023 revenue at 210 million roubles and its net loss at approximately two billion.

The subsequent ownership change

Interfax's 26 August 2024 report identified another transfer of both former Caterpillar subsidiaries. Register entries showed that from 23 August they were controlled by Kosmos Capital management company through the Neon closed-end combined investment fund. The Moscow management company had been registered in late January with capital of 30 million roubles.

Its chief executive was Roman Puzanov, previously head of CFC Direct Investments. Interfax said it had not obtained an immediate comment from the regional economic-development committee about the transaction. The transfer report concerned corporate control; it did not announce a factory restart.

Preparations reported before the launch

In his 8 April 2026 RBC report, Ilya Vodyanov described a ten-year technology agreement and plans for a special investment contract with the industry ministry. The company did not disclose the equipment type to RBC, while its website described cooperation with Lovol on backhoe-loader components.

Citing financial statements, RBC said automotive-parts production began in 2025. Revenue reached 594 million roubles, 9.9 times the 2024 figure, with a 60-million-rouble loss and 90 workers. Since April 2025, Alexander Migal had owned the enterprise through Gorizont. These were the separately dated preparations and results preceding the reported machinery launch.

Backhoe factory production and employment plans
Backhoe factory production and employment plans

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