Kurganmashzavod

JSC Kurganmashzavod (Russian: Курганмашзавод) is a manufacturing company based in Kurgan, Russia. It is known for its BMP series of infantry fighting vehicles.

Kurganmashzavod
TypeJoint-stock company
IndustryAutomobile industry
Arms industry
Founded1950
Headquarters,
Russia
ProductsMilitary vehicles
Revenue$338 million[1] (2017)
-$9.69 million[1] (2017)
-$1.86 billion[1] (2017)
Total assets$520 million[1] (2017)
Total equity-$1.91 billion[1] (2017)
ParentConcern Tractor Plants
Websitekmz.ru

Overview

The company's main products are the well-known BMP-2 and BMP-3 infantry fighting vehicles,[2] which are in service in 29 countries.[3] The company also produces a wide range of civil products, such as small-sized tractors, municipal construction machines and automobile trailers, among others.[4]

Kurganmashzavod JSC is the largest enterprise in the Kurgan Oblast.[5] It is a large engineering complex, comprising 3 factories, 6 special plants and auxiliary workshops ensuring the complete production cycle.[5] It is involved in developing technology, testing equipment and experimental development, pilot production and full-scale production of armoured vehicles.[2] The company's stock is traded at the Russian trading system. The director general of Kurganmashzavod until 2005 was Valery D. Dorodny.[6] The current director general is Pyotr Aleksandrovich Tyukov.[7]

In 2007 the company's revenue was $231 million. Export share was 20%.[8]

History

Indian Army BMP-2

The company was founded as a producer of heavy-duty cranes. In 1954 the manufacture of military equipment was started with the ATS and ATS-59 artillery tractors, which were used for field work and reclaiming of oilfield in Tyumen region, in addition to many produced for export. The ATS-59 artillery tractor licence production was established in Poland. In October 1966, the production plan of the infantry fighting vehicle BMP-1 was prescribed by the government bylaw. In 1967, the mass production of vehicles began.[5]

In the seventies, the plant was re-tooled for larger-scale military vehicle production. New power supplies were brought in, and the working area was increased by a factor of five. From 1983, the plant produced the BMP-2 model, and in 1987 began the manufacture of the BMP-3.[5]

In 2008, the company said that it was pursuing a production processes optimization programme to make the operations more efficient. In the future the company aims to produce "hundreds of vehicles a year, rather than dozens of vehicles per annum", both for the Russian Army and for export.[2]

Kurganmashzavod has received a large state contract worth $250 million for building and repairing an unspecified number of BMP-3 vehicles between 2007  2010. The company plans on investing about $40 million to re-equip its facilities.[9]

In late December 2015, the company was reportedly "balancing on the brink of full stoppage" of its AFV production because of an outstanding natural gas bill of 55.5 million rubles (approximately US$764,000) to Gazprom Mezhregiongaz.[10]

References

  1. http://e-disclosure.ru/portal/FileLoad.ashx?Fileid=1416934.
  2. "Kurganmashzavod JSC (Kurgan Machine Plant) (Russian Federation), East and Central Europe". Jane's World Defence Industry. 2008-02-07. Retrieved 2009-05-20.
  3. "About company". Kurganmashzavod. Archived from the original on 2009-11-25. Retrieved 2009-05-20.
  4. "Kurganmashzavod". Globalsecurity.org. Retrieved 2009-05-20.
  5. "About company". Kurganmashzavod. Retrieved 2009-05-20.
  6. "JSC "Kurganmashzavod"". Warfare.ru. Retrieved 2009-05-20.
  7. ""Ростех" поменял директора "Курганмашзавода"" (in Russian). Rambler.ru. 19 July 2018. Retrieved 8 January 2020.
  8. Makienko, Konstantin (2008-07-24). "Successful Year for Aerospace Manufacturers". Centre for Analysis of Strategies and Technologies. Retrieved 2009-05-20.
  9. Makienko, Konstantin. "Russia's Defence-Industrial Complex and Military-Technical Cooperation in the First Half of 2007". Moscow Defense Brief. Centre for Analysis of Strategies and Technologies (3/2007). Archived from the original on 2008-03-19. Retrieved 2009-05-20.
  10. "Russia's sole manufacturer of armored vehicles may grind to a halt over debts". TASS. Retrieved 29 December 2015.
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