This article needs additional citations for
verification. (June 2022) |
Company type | Joint venture |
---|---|
Industry | Automotive |
Founded | 1977 |
Defunct | 1992 |
Headquarters | Kikinda, Serbia |
Area served | Southeast Europe |
Products | Automobile parts |
IDA-Opel (Industrija Delova Automobila- Kikinda) was a Serbian (Yugoslav) car manufacturer based in Kikinda, Serbia, between 1977 and 1992. The original plant was established in 1908 as a workshop attached to a local brick factory. [1]
In 1977, after eight years of successful co-operation, the iron foundry in Kikinda signed a joint venture and long-term co-operation manufacturing contract valid for a period of 15 years with Adam Opel AG (Opel). US$78.5 million were invested in the newly established IDA-Kikinda factory, funded 51% by Kikinda Iron Foundry and 49% by General Motors.
The first delivery of manufactured parts from two new factories in Kikinda (Livac and Metalac), took part in December 1979. The export of Yugoslav-made parts allowed IDA to import mostly finished Opels, about 3,000 per year in the early 1980s, and have them treated as Yugoslav products. [2]
By exporting partly manufactured and fully manufactured parts/components for Opel vehicles, an import/export ratio of 1:1 was enabled. Up to the imposition of economic sanctions on the Federal Republic of Yugoslavia ( Serbia and Montenegro) in May 1992, 38,700 Opel vehicles and large number of spare parts worth around DM 100 million were produced. During the 12 years of IDA-Opel manufacturing co-operation, over DM 1.3 billion have been made from this joint venture. [1] The plant was later restructured as the Livnica Kikinda metal foundry, which was taken over by Slovenia's Cimos D.D. in 2004 and manufactures auto parts for various European manufacturers. [1]
The 1983 model year and onwards Opel Senator was sold in the Yugoslav market sold under the name "Opel Kikinda."
This article needs additional citations for
verification. (June 2022) |
Company type | Joint venture |
---|---|
Industry | Automotive |
Founded | 1977 |
Defunct | 1992 |
Headquarters | Kikinda, Serbia |
Area served | Southeast Europe |
Products | Automobile parts |
IDA-Opel (Industrija Delova Automobila- Kikinda) was a Serbian (Yugoslav) car manufacturer based in Kikinda, Serbia, between 1977 and 1992. The original plant was established in 1908 as a workshop attached to a local brick factory. [1]
In 1977, after eight years of successful co-operation, the iron foundry in Kikinda signed a joint venture and long-term co-operation manufacturing contract valid for a period of 15 years with Adam Opel AG (Opel). US$78.5 million were invested in the newly established IDA-Kikinda factory, funded 51% by Kikinda Iron Foundry and 49% by General Motors.
The first delivery of manufactured parts from two new factories in Kikinda (Livac and Metalac), took part in December 1979. The export of Yugoslav-made parts allowed IDA to import mostly finished Opels, about 3,000 per year in the early 1980s, and have them treated as Yugoslav products. [2]
By exporting partly manufactured and fully manufactured parts/components for Opel vehicles, an import/export ratio of 1:1 was enabled. Up to the imposition of economic sanctions on the Federal Republic of Yugoslavia ( Serbia and Montenegro) in May 1992, 38,700 Opel vehicles and large number of spare parts worth around DM 100 million were produced. During the 12 years of IDA-Opel manufacturing co-operation, over DM 1.3 billion have been made from this joint venture. [1] The plant was later restructured as the Livnica Kikinda metal foundry, which was taken over by Slovenia's Cimos D.D. in 2004 and manufactures auto parts for various European manufacturers. [1]
The 1983 model year and onwards Opel Senator was sold in the Yugoslav market sold under the name "Opel Kikinda."