The history of the company “IMK 14. OKTOBAR” has its roots in Austrian and Hungarian investors who founded it in 1923. Initially specializing in the repair and production of wagons, the company focused its activities on the repair and maintenance of vehicles and freight train wagons in the early years of operation. Over time, the focus on high-quality production technology led to an expansion of the product range, including the production of steel, building materials, mass-produced metal products, and products for the military industry.
After World War II, the company was nationalized and rebuilt after war damage. The name “14. OKTOBAR” was given in memory of the day Kruševac was liberated from Nazi occupation in 1944, October 14th. Over the years, the company has produced construction machinery, equipment for mining, agriculture, and transportation, as well as machine parts.
During its most successful years, the company was one of the largest producers of heavy machinery in Yugoslavia, employing around 8,000 people.
In 2017, the company was acquired by “SCMG 14. oktobar” from Belgrade on behalf of the Czech company “Czechoslovak Group”. This step represents a new phase in the company’s history, as it strives to re-establish its position in the market and continue to innovate in the field of heavy industry.
The company “14. OKTOBAR” d.o.o. Krusevac is a member of the industrial-technological group CSG and its division CSG Defence.
CSG is a dynamic group of more than 100 manufacturing, development, and trading companies based in several European countries and the USA, with over 10,000 employees and revenues exceeding one billion EUR. Its companies are organized into divisions that also represent the key sectors in which the group operates: CSG Defence, CSG Ammo+, CSG Mobility, CSG Aerospace, and CSG Business Projects.
The group, which includes companies with a century-old tradition as well as start-ups, invests in innovative products and services that make the world better and safer. CSG and its companies adhere to the highest standards of corporate governance and develop in accordance with principles of sustainability and business ethics.
Today, “14. OKTOBAR” successfully operates in the market, becoming a leader in the field of heavy industry. The company specializes in the production of high-quality wagon parts, standing out for its innovative approach to production technology. Our products are recognized for their reliability and durability, exceeding the high standards of the industry.
Within the civilian program, “14. OKTOBAR” has expanded its product range, including parts for a wide range of vehicles. Their high-quality products contribute to the efficiency and durability of vehicles in various sectors.
In addition, “14. OKTOBAR” actively participates in the military program, focusing on the production of large-caliber ammunition. Their products meet strict military standards. The company is dedicated to providing safe and effective solutions for military needs, making it a key partner in the defense industry.
With high-quality products and a dedication to innovation, “14. OKTOBAR” has positioned itself as a reliable and respected player in the industry, playing a key role in supporting both civilian and military sectors. Our vision is to continue improving and expanding our operations, remaining a leader in the production of heavy machinery and defense solutions.
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