page_title: Sächsische Maschinenfabrik
section_title: Transition to a public limited company
hierarchical_section_title: Sächsische Maschinenfabrik / Company history / Transition to a public limited company
caption_attribution_description: Deutsch: Transport der Sächsische X V Nr. 175 von der Sächsischen Maschinenfabrik vormals R. Hartmann zum Chemnitz Hauptbahnhof. English: Transporting Saxon X V 175 from Sächsischen Maschinenfabrik vormals R. Hartmann to Chemnitz Hauptbahnhof.
context_page_description: The Sächsische Maschinenfabrik in Chemnitz was one of the most important engineering companies in Saxony in the second half of the 19th century and the first two decades of the 20th century. Including its various predecessor businesses, the firm existed from 1837 until its liquidation in 1930, and individual branches of the company taken over by others continued to operate until 1990. The company is closely linked with the name of its founder and long-time manager, Richard Hartmann, whose name formed part of the new company title in 1898: the Sächsische Maschinenfabrik vormals Richard Hartmann.
context_section_description: In 1870 the business became the Sächsische Maschinenfabrik AG. Richard Hartmann took over the chairmanship of the governing board, a post he held until his death in 1878. The sons of Richard Hartmann were given important roles within the business.
  In 1878 the 1000th locomotive left the production line of the Sächsischen Maschinenfabrik, numerous business expansions followed during this period, in order to meet the steadily growing demand from around the world. IN 1896 the construction of a new headquarters in Chemnitz was begun, in the same year a subsidiary was founded in Luhansk (also known as Lugansk) by one of Richard Hartmann's sons, Gustav Hartmann, that exists today as the Lokomotivfabrik Luhansk.
  In 1898, in the course of restructuring, the business was renamed to the Sächsische Maschinenfabrik vormals Richard Hartmann Aktiengesellschaft.
  At the beginning of the 20th century the business had also built up a strong armaments branch and produced, amongst other things, guns, artillery equipment and munitions. At that time various other companies were integrated into the business.
caption: Transportation of a new locomotive to Chemnitz Central Station
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