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On August 18, 2018, Mr Artur Usmanov, who worked before as Production Director, was appointed CEO of Taganrog Boiler-making Works Krasny Kotelshchik (TKZ), member of Power Machine Group.

The Engineering Leadership Program was launched at Power Machines to identify promising employees with high potential for the position of leading engineers and chief designers of projects. This is one of the planned activities of the long-term development and training strategy implemented by the company.

The Kaluga Turbine Works- part of the power machine building company Power Machines - acquired four turning and milling CNC machining centers and a horizontal boring machine with rotary tables. This was part of the scale production modernization program.

Power Machines signed agreements on strategic cooperation with BELAZ-24, which provides maintenance services for quarry equipment. Implementing the terms of the agreement will shorten the terms of the service repair due to the optimization of the logistics process.

On May 17, 2018 the technical championship, "Power of the Future", began. It is Power Machines' large-scale educational project for engineering students from Russia's institutions of higher education. Forty-one teams from 16 institutions of higher education applied to participate. The competition for the championship will take place in several stages, and the winners will be announced in October 2018.

Exhibitions and Conferences
France, Paris
Greece, Alexandropoulos
Japan, Kyoto
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