14.oktobar
Native name
14. октобар
14. oktobar
Company typed.o.o.
IndustryManufacturing
Founded14 March 2016; 7 years ago (2016-03-14)
Headquarters
Jasički put 2, Kruševac
,
Serbia
Area served
Worldwide
Productstractors, loaders, crawler excavators, bulldozers, components, agriculture machines and components
RevenueIncrease €3.83 million (2019)[1]
Positive decrease €0.20 million (2019)[1]
Total assetsDecrease €7.19 million (2019)[2]
Total equitySteady €0 (2019)[2]
OwnerCzechoslovak Group (100%)
Number of employees
312 (2019)
Websitewww.14-oktobar.co.rs

14. oktobar (Serbian: 14. октобар, romanized: 14. oktobar) is a Serbian manufacturer of heavy machinery and equipment, headquartered in Kruševac, Serbia.

History

IMK 14. oktobar 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.[citation needed]

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 producers of heavy machinery in Yugoslavia.[3] During its golden times, it employed around 8,000 people.[4]

In 2015, after years of accumulated business losses, the company has suspended its production.[5] From 2014 through 2015, nearly all of 1,500 employees left the company, using the social program.[5] In 2016, the company has declared bankruptcy.[6] In March 2016, a new company was register under name "14. oktobar". It took production facilities of the former company on lease.

In 2017, "SCMG 14. oktobar" from Belgrade on behalf of Czech company "Czechoslovak Group" bought the company.[4][6][7] 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".[8]

Products

Machines

TG-220B dozer

Tracked tractor

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

Wheel loader

Excavator

Agriculture machinery

Components

Other products

[13]

Military program

[15]

References

  1. ^ a b "КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2019) - 14. oktobar". apr.gov.rs (in Serbian). Retrieved 20 December 2020.[permanent dead link]
  2. ^ a b "КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2019) - 14. oktobar". apr.gov.rs (in Serbian). Retrieved 20 December 2020.[permanent dead link]
  3. ^ "IMK 14. oktobar - ABOUT US". Archived from the original on 2013-10-04. Retrieved 2013-10-04.
  4. ^ a b "Češka korporacija sutra preuzima "14. oktobar" u Kruševcu". blic.rs (in Serbian). Tanjug. 13 October 2017. Retrieved 2 December 2018.
  5. ^ a b "Stao "14. oktobar"". b92.net (in Serbian). 4 August 2015. Retrieved 4 August 2015.
  6. ^ a b "IMK "14. oktobar" iz Kruševca dobio novog vlasnika". n1info.com (in Serbian). Beta. 4 November 2017. Archived from the original on 30 October 2018. Retrieved 15 November 2017.
  7. ^ "Česi preuzimaju IMK "14. oktobar", posao za još 150 radnika". blic.rs (in Serbian). Beta. 4 November 2017. Retrieved 8 December 2017.
  8. ^ Rujević, Nemanja (7 December 2017). "Istraga zbog kupovine "14. oktobra"". dw.com (in Serbian). Deutsche Welle. Retrieved 8 December 2017.
  9. ^ "Crawler tractor - TG 120 CE". Archived from the original on 2013-10-04. Retrieved 2013-10-04.
  10. ^ "Crawler tractor - TG 160 CE". Archived from the original on 2013-10-05. Retrieved 2013-10-04.
  11. ^ "Crawler tractor - TG 220 CE". Archived from the original on 2013-10-04. Retrieved 2013-10-04.
  12. ^ "Crawler tractor - TG-50 D". Archived from the original on 2013-10-04. Retrieved 2013-10-04.
  13. ^ "Working devices". Archived from the original on 2013-10-05. Retrieved 2013-10-04.
  14. ^ "Containers". Archived from the original on 2016-08-15. Retrieved 2021-01-31.
  15. ^ Group of Armaments and Defense Equipment Manufacturers, p.21

External links

Automotive industry in Serbia
Categories