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. Kersten Andrey Semenovich
Kersten Ekaterina Petrovna
Kersten F.V.
Natus I.O.
Krasnogo Kursanta St./Saint Petersburg, city, house 25
Сукновалов А. Е., Фоменков И. Н. Фабрика "Красное знамя". Л., 1968