History

During the years before World War II, Kacarevo had been famous for a well-known foundry owned by Adam Morgenstein. Later on, after the war, it was nationalized and added to a big factory conglomerate “UTVA”. At that time factory was famous for its airplane and vehicle production. 1955 -1972 was a period of fast development and the new products of the factory were introduced on the market. The new product line included specialized equipment used in rubber manufacturing. Throughout the years, the factory became famous for its high quality products and fast production process. In 1980s the factory reached its peak and became the leader in the rubber industry production on the Balkans.

 

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