JVM Equipment

West Sussex-based JVM Equipment sells and services construction, earthmoving and lifting equipment through 30 depots in Russia, employing 700 people there. Growth has come from supplying road and rail contractors with high-tech machinery to build infrastructure that supports the development of natural resources in regions outside Moscow. Sales were up 50% in 2011.

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Company details
CompanyJVM Equipment
ActivityIndustrial equipment supplier
LocationWest Sussex
Sales £m*402.7
Operating profit £m*37.3
Main shareholdersMax Skillman (51%), Lina Sokolova (44%), Tatiana Sokolova (5%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda