Ursus has undergone extensive Investment Initiative of the Year in 1970 by Edward Gierek. Under this program, significant funds were taken from the West to import Bankow methods and modern equipment, which could lead to the development of Polish industry and the growth of the Polish economy .
In 1977 dollars U.S. Export-Import Bank loan of 7.9 million and 7 million dollars in private American bank loans were granted for the purchase of tractor Ursus IP Ingersoll Milling Machine from Rockford, Illinois, and Gleason Works in Rochester, New York. However, these investments become ineffective and have failed, leaving Poland with a huge debt.
In 1980, 25 billion dollars was blocked with inefficiency, unfinished projects in industry Angielski, which have been hypothesized to require more than 50 billion dollars complete.
Ursus tractor, was one of the biggest victims of this problem. In 1981, the devices that were acquired in the west of the plant amounts to 3,600 million Ursus. storage space at Ursus was filled with unused, unwanted items such as stocks 1.6 million screws rarely used, for example, production of new warehouse space because they were arrested, of other materials have been done outside the deterioration. Gierek has invested nearly $ 1 billion project to build a model of Massey Ferguson tractor modern Ursus, however, that licensing issues are to be paid, these tractors can be sold is not the West, and can not be sold to the East, because they were too expensive. Production targets and costs of 75,000 tractors per year specification, a description of only 500 were produced.
Ursus factory was established in Poland in 1893, 15 Hay Street, Warsaw, three engineers and four businesses. He began producing internal combustion engines, and later trucks and accessories for the Czar of Russia n. In 1930, the Ursus factory in a difficult situation because of the global financial crisis and was nationalized in national schools of engineering (National Engineering Works, PZInż), a Polish manufacturer of weapons and vehicles.
Then began to produce tractors, tanks and other heavy equipment for the army. During the Second World War, PZInż was transferred to Germany by the Germans and the remains were destroyed. After the war, the Ursus factory was rebuilt and began to produce copies of the prewar German tractor Lanz Bulldog. In 1950, the plant began production in the Ursus tractors Zetor based project.
In 1961 there was a growing demand for tractors from Poland, but the tractors manufactured in the factory Ursus did not meet the needs of Polish agriculture. A bilateral agreement was established between Poland and Czechoslovakia, where Czechoslovakia Ursus parts needed to expand and modernize the plant and in return, Poland will supply the plant with raw materials in Czechoslovakia. The objective was to build common agricultural tractor, when Poland and Czechoslovakia are combined to produce 120,000 tractors a year, as in 1963 Poland was only producing 15,000.
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