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The subject index / Krasnoe Znamya, factory

Krasnoe Znamya, factory


Categories / Economy/Industry

KRASNOE ZNAMYA (25 Krasnogo Kursanta Street), open joint-stock company, enterprise manufacturing knitted goods. It was founded in 1855 by French merchant I.O. Natus, in 1866 it was bought by German merchant F.V. Kersten, after whose death (1884) E.P. Kersten became the owner of the factory. He passed on his business to his adopted son A.S. Kersten. In 1909 the plant was made a joint-stock company. The factory produces hosiery, stockings, socks, sports and children clothing from yarn cotton, woolen yarn and paramatta and is the largest manufacturer of knitted goods. During WW I of 1914-18 the factory produced soldierly, frocks, socks and technical stockinet. In 1919 the factory was nationalised, in 1922 it was named Krasnoe Znamya. Since the beginning of the Great Patriotic War (1941-45) production at the factory was suspended, the engineering shop produced ammunition; stocking and sewing shop functioned partly in 1942. In 1947 experiments were carried out to test the synthetic materials, their wide application started in 1959. The main products of the factory included hosiery, underwear, bathing suits, shirts, sports and technical knitwear made of yarn cotton, artificial fibre and mixed fibre. In 1992 the factory was reincorporated as a joint-stock company. In the early 2000s it mainly produced underwear.

Reference: Сукновалов А. Е., Фоменков И. Н. Фабрика "Красное знамя". Л., 1968.

V. S. Solomko.

Persons
Kersten Andrey Semenovich
Kersten Ekaterina Petrovna
Kersten F.V.
Natus I.O.

Addresses
Krasnogo Kursanta St./Saint Petersburg, city, house 25

Bibliographies
Сукновалов А. Е., Фоменков И. Н. Фабрика "Красное знамя". Л., 1968