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Industrial power machines (PSM GC)

Company

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Content

Number of employees
2021 year
262

PSM is a production and engineering company founded in 2005 in the city of Yaroslavl. One of the largest manufacturers in the market of power, pumping and electrical equipment in Russia.

Aktivs

For 2024, PSM has at its disposal three plants in the Yaroslavl region. Diesel equipment and automation are assembled at the site in Yaroslavl, finished products are tested. At the Master site in Tutaev, metal parts of products are made: frames, fuel tanks, containers, bonnets and noise protection casings. At Prime production in Tutaev, gas and diesel power plants with a capacity of over 1 MW are assembled and packaged.

History

2024: Investing in our own innovative projects more than a billion rubles

The Yaroslavl production and engineering company has invested more than a billion rubles in its own innovative projects. The company announced this on March 14, 2024.

source = MSM

The technological development of Russia involves active cooperation between business and the state. The need to support projects related to the production of priority industrial products is quite acute. During the annual Address to the Federal Assembly, President RFVladimir Putin said that more than 620 billion rubles will be allocated to support industry by 2030. However, in the realities of 2024, companies continue to count on themselves and invest mainly their own funds in development. Thus, the total amount of investments in the production sites of PSM for 2020-2025. will amount to 1.2 billion rubles.

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After the imposition of sanctions, investors began to exercise caution, making decisions regarding not only new projects, but also the further implementation of existing ones. Companies with low investment levels quickly show the first signs of technological lag. For this reason, we carefully ensure that the volume of investments meets the needs to increase the future income of PSM. In 2024, our investments in production sites should exceed 5% of revenue, - said PSM CEO Andrei Medvedev.
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Investments allow you to constantly improve the quality of the supplied equipment, increase its competitiveness, improve business processes within the company. The investment also contributes to a significant increase in the qualifications of specialists and production in general. High quality standards and professionalism of industrial enterprises must be confirmed on the certification of significant market players: such as Rosseti, Gazprom, Rosneft, Novatek, etc. So, in January, Transneft Research Institute extended the certificate of conformity of PSM products, which records the inclusion of equipment in the Transneft ORP register and allows it to be operated at facilities. This status confirms the quality and reliability of diesel power plants manufactured by PSM with a capacity of 100 kW and above.