Baskent Traktor A.S was founded in 2002 in Ankara, Turkey, to help supply Massey Ferguson-licensed tractors to Turkey after the Turkish-licensee, Uzel, filed bankruptcy and lost its license from AGCO, parent of Massey Ferguson. Baskent is at least partially owned by Iran Tractor Manufacturing Company (ITMCo) of Iran. Tractors manufactured by ITMCo in Iran are shipped as components to Turkey, where they are assembled. Baskent discontinued operations in 2014, and several smaller assemblers sprung up in Turkey, assembling/building Massey Ferguson licensed/cloned tractors. Hars Traktor is ITMCO's new partner in Turkey.