Motovilikha Plants

Source: Wikipedia, the free encyclopedia.
Motovilikha Plants
Revenue$17 million[2] (2016)
-$26.8 million[2] (2016)
-$48.7 million[2] (2016)
Total assets$283 million[2] (2016)
Total equity-$72.7 million[2] (2016)
OwnerRostec (39.9%)
NPO Splav (10%)[3]
Websitemz.perm.ru
Remote view of Motovilikha Plants

PJSC Motovilikha Plants / Motovilikhinskiye Zavody PAO (MOTZ, MOTZ.MM) (

Kama
tributary.

History

Motovilikha Plants in 1900

The origins of the plant can be traced back to the year 1736, when

Motovilikha as a response to the growing demand.[1] These guns manufactured in Motovilikha played a significant role in various conflicts that Russia participated in during the first half of the 19th century, including the infamous Napoleonic Wars and the Crimean War.[1]

During the latter part of the 19th century, there was a growing push to introduce industrial manufacturing practices in Russia. This endeavor culminated in the year 1871, when all the metal smelters and weapons workshops in the area were merged into one centralized facility situated in the city of Perm.[1]

The plant launched the first steamship in the Urals, in 1871, and the first steam locomotive the following year. In 1893,

Soviet era, the factories were utilized for the production of a diverse array of machinery, encompassing machine tools, cranes, and construction equipment. Following the onset of World War II, the factory reverted back to manufacturing heavy weaponry, prioritizing the production of civilian equipment only once the war had concluded.[1]

The year 2011 marked the establishment of a state-of-the-art production line for artillery at the plant. However, things took a turn for the worse in March 2018,[5] when bankruptcy proceedings were initiated against the company. Consequently, the company was forced to delist from the stock market, thereby undergoing a significant setback.[6]

In September 2023, the property of Motovilikha Plants was purchased by the Tatarstan armored vehicles plant Remdizel.[7]

Products

References

  1. ^ a b c d e f Vershinin, Alexander (21 September 2015). "Motovilikha, unsung hero of Russia's large munitions plants". Russia Beyond The Headlines. Retrieved 2 July 2017.
  2. ^ a b c d e "Financial Statements 2016". Motovilikha Plants. Retrieved 8 October 2017.
  3. ^ "Список аффилированных лиц". E-Disclosure.ru. Retrieved 28 April 2017.
  4. ^ "Тула со смещенным центром". Коммерсантъ (Пермь). 9 February 2016. Retrieved 15 July 2017.
  5. ^ ""Мотовилихинские заводы" признаны банкротом". Коммерсантъ. 26 March 2018. Retrieved 4 October 2018.
  6. ^ "Об исключении ценных бумаг из Списка ценных бумаг, допущенных к торгам, и о прекращении торгов ценными бумагами". Московская Биржа. Retrieved 4 October 2018.
  7. ^ "Мотовилихинские заботы". Kommersant (in Russian). 2024-01-29.

External links