Iron Foundry
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.