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Rolling stock manufacturer From Wikipedia, the free encyclopedia
Mašinska industrija Niš (Serbian Cyrillic: MИН Машинска индустрија Ниш; abbr. MIN) or Mechanical Industry Niš, is a Serbian holding corporation headquartered in Niš, Serbia. It is engaged in the energy, mining, process engineering, equipment for agriculture and a railways program. It declared bankruptcy in April 2015.
Official logo | |
Native name | Машинска Индустрија Ниш |
|---|---|
| Company type | d.o.o. |
| Industry | Holding |
| Founded | 24 March 1998 (Current form) 1884 (Originally founded) |
| Fate | Bankruptcy procedure |
| Headquarters | , |
Area served | Serbia |
Key people | Vesna Đošić (Trustee) |
| Total assets |  €11.35 million (2016)[1] |
| Total equity |  €0 (2016)[1] |
Number of employees | 0 (2016) |
 | This article needs additional citations for verification. (June 2022) |
MIN was founded in 1884 as Railways workshop (Serbian: Железничке радионице / Železničke radionice) for the maintenance and repair of rolling stock. It was founded after construction of Belgrade-Niš railway. By the year 1890 the assembly, sawmills, steel foundry, forge, pattern shop and tool room were established. With their integration and the integration of other sectors that have emerged later, the Mechanical Industry Niš (MIN) was founded.[citation needed]
MIN was one of the main companies who maintained Yugoslav Railways diesel locomotives. It has also produced several diesel locomotives series for both railways and industry. At peak MIN employed 17.000 workers.[2]
In April 2015, around 500 employees took severance payments and the company went into bankruptcy procedure.[3]
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