The plant started its history at the time when Moscow bearing reconditioning works was evacuated to Shumikha. On the place of future company Shumikha Bearings reconditioning of antifriction bearings which were very important for the military hardware at the time was started. Afetr the war the plant successfully continued its work and for instance in 1960 the output of reconditioned bearings reached its maximum 402,000 pieces per year.