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News 2026-09-30 14:22 UTC

MS Industrie AG unit buys 51% stake in Serbian firm IDAS

MS Industrie AG's wholly owned subsidiary MS XTEC GmbH will acquire a 51% majority stake in IDAS d.o.o., a Serbian company specializing in metal components, industrial modules, and assemblies. IDAS generated approximately EUR 8.5 million in revenue in fiscal year 2025.