Ukraine's Kharkov Bearing Plant (JSC;
website)
revealed it is acquiring production equipment from China to produce larger cylindrical
roller bearings.
The expansion comes as Kharkov moves to become a "serious competitor" to bearing manufacturers
in Russia -- particularly European Bearing Corp., and Samara Bearing Plant Group which together control
over 80% of the region's bearing production.
One of the largest bearing manufacturing facilities in the former Soviet states, Kharkov is the
semi-privatized incarnation of former Soviet State Bearing Plant 8 (SBP-8). The plant
produces a range of more than 500 different bearings, with annual capacity reportedly in the
neighborhood of 30 million bearings and sets. Sales are approximately USD $60 million.
All of Kharkov's bearings are manufactured and sold under the HARP brand.
Kharkov Bearing Plant is controlled by Ukrainian Industry Energy Company, and run by
Anatoly Girshfeld.
Adding capacity for large cylindricals will position Kharkov to better compete for business in
Eastern Europe's fast-growing demand for large industrial bearings. Particularly
important are electric and diesel locomotives, the oil and gas industry, and mining.
Reportedly, the production equipment will boost Kharkov's large bearing capacity by an additional
120,000 bearings per year. It will add another 25 large bearings to the product line, while
extending coverage to ODs up to 400mm. Until now, HARP's largest cylindricals have been 320mm OD.
With Ukraine currently importing most of its large industrial bearings from Russia,
Mr. Girshfeld said: "Now the plant can brake the monopolistic state, which is taking European Bearing
Corporation in the CIS market for this class of product."