History

The first large-scale metallurgical operation in the Kingdom of Bohemia to extract silver from silver ore.

The first paper mill in Bohemia (Staré hory - Old Mountains, today the suburb of Jihlava lies on the left bank of the river Jihlava. In the past, the river was the border between the Kingdom of Bohemia and the Margraviate of Moravia).

Manufacturer Mr. Kern is building a textile factory based on the British model, including its own production of electricity.

The gradual transformation of the area into engineering production.

BMW initially takes over the site as an aircraft engine repair plant with the status of a central overhaul institution for repairs within the Luftwaffe. Later, own production, including a foundry of ferrous and non-ferrous metals. At the end of the war, secret projects - there are assumptions about the development of BMW jet engines.

The subsequent history of the production of precision castings in Jihlava dates back to 1955. The precision casting foundry by means of a sacrificial model was established as part of the production of parts for the parent company MOTORPAL s.p. The reason for the introduction of this technology was the reduction of labor and the price of manufactured parts for injection pumps of diesel engines, which were the main final product of Motorpal Jihlava.

In 2003, the foundry was bought by the strategic investor Transa, s.r.o., a representative of the world group SUN OIL – SUNOCO, one of the world's largest producers of fossil energy raw materials. The new owner immediately started continuous investment programs to introduce new products and increase quality guarantees. The goal of final implementation in 2010 was set so that IEG would become a permanent partner of the largest European automotive and shipbuilding industrial companies.
2008, the year of the crisis, meant a dramatic decrease in orders for the foundry, but it was successfully stopped and a year later the production of precision castings was already at the level of previous years. This experience was the cause of a deeper focus of the foundry management on optimizing processes in terms of labor and customer service. Currently, IEG is once again consolidating its stable position within the Central European area.