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Prva Petoletka

Prva Petoletka
Native name
Прва Петолетка
Public limited company
Industry Mechanical engineering
Founded Trstenik, Serbia (March 23, 1949 (1949-03-23))
Headquarters Trstenik, Serbia
Key people
Ljubisav Panić (General director)
Products Hydraulics, pneumatics
Revenue Decrease14.06 million (2012)
Decrease -€5.21 million (2012)
Total assets Increase €72.03 million (2012)
Total equity Steady €0 (2012)
Owner Development Fund (93.45%)
Others
Number of employees
1,382
Website

www.ppt-namenska.rs/ www.ppt-hidraulika.co.rs www.prvapetoletka-promet.rs/

www.ppt.co.rs

www.ppt-namenska.rs/ www.ppt-hidraulika.co.rs www.prvapetoletka-promet.rs/

Prva Petoletka (full legal name: Industrija hidraulike i pneumatike "Prva Petoletka" a.d. Trstenik') is a Serbian manufacturer of hydraulics and pneumatics. It consists of a parent company which includes one public limited company and 16 enterprises which are organized as joint-stock companies. It maintains production facilities in Trstenik, Vrnjacka Banja, Brus, Aleksandrovac, Novi Pazar, Leposavic, and Belgrade in Serbia and Bijelo Polje in Montenegro. Its headquarters and main production facilities are located in the town of Trstenik.

"Prva Petoletka"-Trstenik was founded on March 23, 1949, by decision of the Government of People's Federal Republic of Yugoslavia, at the beginning of the first Five-year plan of development, after which it was named.

The factory entered its "golden era" during the 1980s. During this time the factory had nearly 20,000 employees. The design offices of Prva Petoletka designed hydraulic systems for many of the hydroelectric power plants in Yugoslavia, the hydraulic drive on a class of massive roto-excavators for surface mines, drive- and control-systems for the sets of the National Theatre in Belgrade, electro-hydraulic system for lifting of the main dome of the Temple of Saint Sava in Belgrade, hydraulics for a modern second-generation tank (the M-84), an inclined marine railway installed in the shipyard in Kladovo, landing gear for Boeing, as well as many large centralized lubrication systems in Yugoslavia.


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