About: IMT   Sponge Permalink

An Entity of Type : dbkwik:resource/41M8fembgW4ejRUqT-lkRA==, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

The IMT manufactures mining drills for extraction of ores inside asteroids. The IMT's drills are extremely reliable and are the most common on the market.

AttributesValues
rdf:type
rdfs:label
  • IMT
rdfs:comment
  • The IMT manufactures mining drills for extraction of ores inside asteroids. The IMT's drills are extremely reliable and are the most common on the market.
  • The IMT factory was founded in 1947 as the Central Foundry. In 1949, a new company, the Metal Institute, was formed by amalgamating the Central Foundry and four other local companies. The Metal Institute became the Industry of Machinery and Tractors (IMT) in 1954. The following year, research was conducted on different types of tractors and the Massey Ferguson license was chosen. In 2013, Orient Automotive Industries (Pvt) Ltd, part of the Omni Group, began to assemble IMT & IMR tractors in Pakistan under the Bull Power IMT brand.
Products
dcterms:subject
foaf:homepage
dbkwik:tractors/pr...iPageUsesTemplate
equity
  • EUR 2,760 million
Logo
  • 150(xsd:integer)
assets
  • EUR 8,617 million
Name
  • Industriya Masina I.Traktoru
Type
  • joint-stock company
Operating income
  • EUR 4,937 million
Net income
  • EUR -5,531 million
Foundation
  • 1947(xsd:integer)
Production
  • 467(xsd:integer)
Founder
  • Government of SFR Yugoslavia and independent tradespeople
Homepage
Industry
subsid
  • IMT Commerce doo
  • IMT Remontni centar
native name
  • Индустрија Машина и Трактора
Revenue
Owner
  • Workers Beoagencija , OTP Bank Serbia , Agrooprema , IMR , Serbian development fond , Others
Location
  • Belgrade, Serbia
abstract
  • The IMT factory was founded in 1947 as the Central Foundry. In 1949, a new company, the Metal Institute, was formed by amalgamating the Central Foundry and four other local companies. The Metal Institute became the Industry of Machinery and Tractors (IMT) in 1954. The following year, research was conducted on different types of tractors and the Massey Ferguson license was chosen. In 1955, IMT became a licensee of Massey Ferguson and began building tractors for export under the Massey Ferguson brand. In 1959, the factory was reconstructed and production capacities for 4,000 tractors a year were built. The factory started production of a tractor of their own design in 1964. In the 1970s, IMT began looking abroad to expand its sales. Tractors were built for export to India where they were sold as the TAFE 533. (TAFE is the Massey Ferguson licensee in India). In 1975, IMT announced a joint venture with Brasitalia in Brazil to build the IMT 585 hp (kW) tractor, but it never went into production there. In 1988, IMT recorded its largest annual production in history - 42,000 tractors and 35,000 machines. The 1980s also saw tractors exported under the IMT brand to the USA by importer Robison & Woods Tractor. Between 1990 and 2000, changing economic circumstances led to significant changes in production. A long-term cooperation was established with the Perkins company, and the first engines complying to the EU 2000/25/EC standards were built in 2005. Another model was built for sale in India, the TAFE 9040. In 2008, the Serbian Privatization Agency launched a tender process for the sale of IMT. A joint venture was established with IMR (Rakovica) in 2009, and it was also announced that year that IMT was considering a partnership with the Russian MTZ. An agreement was struck in 2010 with the Polish Pol-Mot to build orchard tractors for them. In 2012, IMT introduced a new "S" series of tractors. Offer of the new generation of tractors together with purchasing power demanded custimisation of tractor accessory. Mostly new models have join of traditional and modern look, thanks to the Belgrade professional schools, Faculties of Design and IMT design studio. In 2013, Orient Automotive Industries (Pvt) Ltd, part of the Omni Group, began to assemble IMT & IMR tractors in Pakistan under the Bull Power IMT brand. In July 2013, IMT exported tractors in Kazakhstan, ex-Yugoslavia markets, Ecuador and African market. The model which has been exported in Kazakhstan was labeled Baikonur IMT (derives from Baikonur Cosmodrome) and consisted of the models 539, 549, 555.11. They are assembled by AralAzovAgroMash (АралАзовАгроМаш), a joint venture between IMT and AgroHoldingBaykonyr (АгроХолдингБайконыр) In 2014, it was proposed that IMT and IMR merge in order to survive, but nothing has come from it. Both companies are managed by the same director.
  • The IMT manufactures mining drills for extraction of ores inside asteroids. The IMT's drills are extremely reliable and are the most common on the market.
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