Company:IMK 14. oktobar Kruševac

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IMK 14.oktobar
Native name
ИМК 14. октобар
TypeJoint-stock company
IndustryManufacturing
Founded30 June 2000; 23 years ago (2000-06-30) (Current form)
1923; 101 years ago (1923) (Founded)
Headquarters
Jasički put 2, Kruševac
,
Serbia
Area served
Worldwide
Productstractors, loaders, crawler excavators, bulldozers, components, agriculture machines and components
RevenueDecrease 1.41 million (2016)[1]
Positive decrease -€9.5 million (2016)[1]
Total assetsDecrease €49.83 million (2016)[2]
Total equitySteady €0 (2016)[2]
OwnerGovernment of Serbia (79.32%)
Development Fund (6.65%)
Akcionarski Fond (4.68%)
Others
Number of employees
2 (2016)
130 (2017)[3]
Websitewww.14-oktobar.co.rs

IMK 14. oktobar (full legal name: Industrija mašina i komponenata - IMK 14. oktobar a.d. Kruševac) is a Serbian company specialized in the production of heavy machinery and equipment, which declared bankruptcy in January 2016.

It is headquartered in Kruševac, Serbia. Along Kruševac, it maintains production facilities in Varvarin, Brus and Ražanj.

History

Former logo of IMK 14. oktobar

The company was established by Austrian and Hungarian investors in 1923 as Company specialized in wagons repair and manufacture. In the first years of the company, the primary activity is related to the overhaul and repair of vehicles and freight cars, at time is increased the use of quality in production technology by simultaneously extending the product range, which resulted in start of production of steel construction, metal consumer products, and products for use in the military industry.

After World War II, the company was nationalized and repaired from war damage. It was named in a memorial of the date when Kruševac was liberated form Nazi occupation in 1944. The company has oriented to production of construction, mining, agriculture and transportation, machinery and equipment for the purpose of manufacturing equipment and machine parts. It was one of the largest producer of heavy machinery in former Yugoslavia.[4]

In August 2015, after years of accumulated business losses, the company has suspended its production.[5] From December 2014 through August 2015, nearly all of 1,500 employees left the company, using the social programs.[5] In January 2016, the company has declared bankruptcy.[3]

In November 2017, SCMG 14. oktobar from Belgrade on behalf of Czech company Czechoslovak Group bought the company.[3][6] After the purchase, Prosecutor's Office of the Republic of Macedonia launched an investigation against former Macedonian head of the Administration for Security and Counterintelligence Sašo Mijalkov, on suspicion for money laundering and suspicious connections to the Czechoslovak Group.[7]

Certificates

In order to achieve the policies and business retention and improving market positions, performed the upgrade of an existing and well- organized quality management system by introducing more case one system or the system of environmental management - EMS in accordance with ISO 14001:2005. They together, ISO 9001:2008 and ISO 14001:2005 make integrated management system. However, it is essential to determine the meaning of "integrated management system".

On September 27, 2013, the extension of the certificate has been made, based on the re-evaluation of quality management systems in the complete business system. Certification is valid until October, 2016.

Review and evaluation system of environmental management by authorized institutions YUQS and IQNet, held in October 2012th when they received a certificate confirming that the system of environmental management, which has established and applies IMK "14. octobar" in accordance with international standard ISO 14001:2005. Certification valid until October 2015th year.

IMK "14. octobar" ad Kruševac, has accredited laboratory for testing materials and products. Based on the review and appraisal of the authorized institution "ATS ", 2011. year was obtained accreditation certificate confirming that laboratory testing of materials and products in order to comply with the requirements of the series of ISO / IEC 17025-2006 for mechanical and chemical testing of materials ( metals and non-metals ) and welds with and without destruction. The accreditation is valid until July 2015th year.

Products

Many of their newdate machines fits with newday demands of its customers.

Machines

TG-220B dozer

Tracked tractor

Serbian Army ULT-160CK loader
ULT-220CK loader

Wheel loader

  • ULT-100
  • ULT-150
  • ULT-160
  • ULT-220
  • K-220

Excavator

  • BGH-250

Agriculture machinery

Components

  • Gearbox
  • Tracked machines running gear
  • Rigid driving axle
  • Hydrodynamic couplings
  • Axial bearings

Other products

[12]

  • Hydraulic front tractor loader - TPU
  • Hydraulic rear tractor backhoe loader - TZU
  • Hydraulic truck crane KD-3S
  • Extension trailer PP-075
  • Hydraulic mower HIKOS 2000
  • Hydraulic side mower CCB-50
  • Hydraulic press HP-7/10
  • Transport basket K-1
  • Containershttp [13]
  • Reservoirs and tanks

Military program

[14]

References

  1. 1.0 1.1 "КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2016) - IMK 14. oktobar" (in Serbian). http://pretraga2.apr.gov.rs/docRepo/download?xbcd=7100041813003&xrnd=CEA84AAA7186C3A98A49779798F1BA6B7677E42A. Retrieved 15 November 2017. 
  2. 2.0 2.1 "КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2016) - IMK 14. oktobar" (in Serbian). http://pretraga2.apr.gov.rs/docRepo/download?xbcd=7100041812990&xrnd=7420EB0197CA93EEE2138F981E72404189403F44. Retrieved 15 November 2017. 
  3. 3.0 3.1 3.2 "IMK "14. oktobar" iz Kruševca dobio novog vlasnika" (in Serbian). n1info.com. Beta. 4 November 2017. http://rs.n1info.com/a332597/Biznis/IMK-iz-Krusevca-dobio-novog-vlasnika.html. Retrieved 15 November 2017. 
  4. IMK 14. oktobar - ABOUT US
  5. 5.0 5.1 "Stao "14. oktobar"" (in Serbian). b92.net. 4 August 2015. http://www.b92.net/biz/vesti/srbija.php?yyyy=2015&mm=08&dd=04&nav_id=1023375. Retrieved 4 August 2015. 
  6. "Česi preuzimaju IMK "14. oktobar", posao za još 150 radnika" (in Serbian). blic.rs. Beta. 4 November 2017. http://www.blic.rs/vesti/ekonomija/cesi-preuzimaju-imk-14-oktobar-posao-za-jos-150-radnika/jdq21dc. Retrieved 8 December 2017. 
  7. Rujević, Nemanja (7 December 2017). "Istraga zbog kupovine „14. oktobra“" (in Serbian). dw.com (Deutsche Welle). http://www.dw.com/sr/istraga-zbog-kupovine-14-oktobra/a-41695747. Retrieved 8 December 2017. 
  8. Crawler tractor - TG 120 CE
  9. Crawler tractor - TG 160 CE
  10. Crawler tractor - TG 220 CE
  11. Crawler tractor - TG-50 D
  12. Working devices
  13. [://www.14-oktobar.co.rs/kontejneri-en.html Containers]
  14. Group of Armaments and Defense Equipment Manufacturers, p.21

External links