IMK 14. oktobar Kruševac
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Native name
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IMK "14.oktobar" |
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| Public limited company | |
| Industry | Manufacturing |
| Founded | Kruševac, Serbia (30 June 2000) First founded 1923 |
| Headquarters | Kruševac, Serbia |
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Area served
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Worldwide |
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Key people
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Miloš Isailović (General director) Dragiša Ivanović (Executive director) Vesna Blagojević (Executive director) Branimir Vučetić (Executive director) |
| Products | tractors, loaders, crawler excavators, bulldozers, components, agriculture machines and components |
| Revenue |
 €2.32 million (2013)
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-€19.04 million (2013)
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| Total assets |
 €113.57 million (2013)
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| Total equity |
 €0 (2013)
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| Owner |
Government of Serbia (79.32%) Development Fund (6.65%) Akcionarski Fond (4.68%) Others |
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Number of employees
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1,496 (2013) 31 (August 2015) |
| Website | www |
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. It is headquartered in Kruševac, Serbia. Company is currently under restructuring. Along Kruševac, it maintains production facilities in Varvarin, Brus and Ražanj.
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 the 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.
In August 2015, after years of negative business losses, the company has suspended its production. From December 2014 through August 2015, nearly all of 1,500 employees left the company, using the social programs.
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.
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Wikipedia