Tag: Martin Richenhagen

• Friday, February 5th 2016 - 07:46 UTC

  Brazil's 'corrupt' government hurting business and agriculture, says Agco CEO

  

  Brazil's “corrupt” government is hurting the country's business sector, including in agriculture, the head of one of the world's biggest tractor-makers said. Martin Richenhagen, chairman and CEO of Agco, manufacturer of Fendt, Massey Ferguson and Valtra machinery, claimed he tried, and failed, to persuade Brazil's government to speed up the payment of agriculture support programs used by farmers for funding equipment purchases.