Prodvagon definition of Prodvagon in the Free Online Encyclopedia.

Prodvagon

(Company for Trade in Products of Russian Railroad Car Factories), a syndicate of Russian factories manufacturing railroad cars.

Prodvagon’s charter was confirmed in June 1904, and the syndicate began operations in August 1906. Between 1907 and 1910 the syndicate included 14 factories manufacturing railroad cars for state-owned and private railroads (the Kiev Machine-building Plant was not part of the syndicate). In 1909, Prodvagon accounted for 90 percent of all railroad car orders, and by 1914 the figure had reached 97 percent. The company was directed by a council, and its stock was divided among contracting parties (fixed capital, 400,000 rubles). The syndicate worked closely with the Committee for the Distribution of Orders for Rails, Ties, and Rolling Stock, which existed from 1902 to 1914. Together with government agencies, Prodvagon determined the overall output and prices of railroad cars. From 1909 to 1913 and during World War I, production was curtailed. After the October Revolution of 1917, Prodvagon was abolished.

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