Agricultural machinery manufacturer Belarus - also known as MTZ (Minski Traktarny Zavod) - produced a total of 40,000 tractors last year and reports say they have ambitions for 60,000 a year.

The Belarus 742 prototype

Czech outlet Agroportal24h notes that the eastern European behemoth outlined its plans for the next 10 years on the 74th anniversary of the Minsk Tractor Plant.

According to the European outlet, MTZ Holding now employs 22,754 people.

The Belarusian giant has set out ambitious plans to produce 60,000 tractors - and also reduce its number of employees to 15,000 - by 2030.

It was noted that, in order to achieve these goals, the holding company is already introducing “technical innovations in production” and innovating its products.

This year, MTZ is already starting to produce innovative machines, including a new generation of 440hp tractors, Agroportal24h added.

Last November, Belarus unveiled its new breed of tractor at Agritechnica in Germany.

Swapping its boxy, traditional-looking machines for a sleek new line-up, which the firm said at the time, will comply with the latest European Stage V environmental requirements.

The tractor on display at Agritechnica 2019 - a Belarus 742.7 - was fitted with a four-cylinder, 75hp Caterpillar (CAT) engine.