|Founded||28 June 1991(Current form) |
1923 (Originally founded)
Autoput 24, Belgrade,
|Aleksandar Vićentić (General director)|
|Revenue||€2.26 million (2018)|
|(€5.63 million) (2018)|
|Total assets||€14.50 million (2018)|
|Total equity||€0 (2018)|
|Owner||Government of Serbia (26.92%)|
Univerzal banka (7.57%)
City of Belgrade (5.46%)
Number of employees
|Footnotes / references|
Business ID: 07739494
Tax ID: 100001628 
It was originally established as the aircraft manufacturer in 1923, under name Ikarus. In 1954, it commenced bus production and since 1960 it completely shifted towards it. In 1992, it changed its name to Ikarbus.
On 13 October 1923, the company was established under name "Ikarus – the first Serbian airplane, car and engine industry Kovačević and Co", with headquarters in Novi Sad. The founders were Dimitrije Konjović, brothers Dušan and Milivoj Kovačević, Đoka Radulović and Josif Mikl. On 20 November 1923, "Ikarus" started business officially after the registration before the Novi Sad District Court. In the beginning, the company manufactured a number of foreign designs under licence, such as the French Potez 25, Czechoslovakian Avia BH-33 and English Hawker Fury; Bristol Blenheim as well as the locally designed Ikarus ŠM, Ikarus IO, SIM-VIII, Ikarus IK-2 and Ikarus Orkan.
On 3 March 1924, the first school type airplane "Brandenburg" was manufactured. In 1927, the Yugoslavian Air Command decided that "Ikarus" should start the production of military planes; the factory for the production of military planes was built in Zemun. On 20 June 1927, "Ikarus" together with Military and Navy Ministry concluded an agreement to build a new factory of airplane engines in Rakovica. In 1928, the Sports Club "Ikarus" was established, thus "Ikarus" being the first company to build gliders in the country. By December 1932, the company relocated its headquarters from Novi Sad to Zemun. In April 1935, the first model of war airplane of domestic design was completed; a single-seat glider "IK-1", designed by engineers Ljubomir Ilić and Kosta Sivčev. In January 1936, the Yugoslav Air Command and "Ikarus" signed an agreement for the manufacturing of British "Hawker Fury" fighter plane, of all-metal construction. By the spring of 1938, the Yugoslav Air Command and the company concluded an agreement on the supply of twin-engine bombers "Blenheim", under the British license. In 1938, the Administration Building of "Ikarus" in Zemun was built.
With the start of the World War II (WWII) in Yugoslavia, the Nazi Germany occupation authorities confiscated the company on 17 April 1941. On 17 and 25 April 1944, the factory was heavily damaged in the Allied air-strikes. By early November 1944, the factory restarted operations.
On 12 August 1945, the first emergency Assembly of "Ikarus" shareholders in the socialist Yugoslavia was held in. On 27 March 1946, "Ikarus" was nationalized by the decision of the District Court of Zemun. Until the end of 1946, the subsequent decisions in form of property nationalization were made. On 22 October 1946, the first plane "Aero-2B" flew for the first time, the first prototype made by the air industry in socialist Yugoslavia. On 23 January 1948, the Government of Yugoslavia made a decision to establish the State Enterprise "Ikarus". Also, the Sports Club "Naša krila" was established.
In 1950, a single-seat fighter plane S-49 was built by engineers Ilić, Sivčev, Zrnić and Popović. In the same year, "Ikarus" manufactured the first gliders in the socialist Yugoslavia; a single-seat glider "Hawk 1" was awarded the third prize at the International Championship in Sweden. By the end of October 1952, the first Yugoslav jet plane "451 M" took off. In 1954, "Kosava" twin-seat glider received the first prize at the International Championship in England.
Ikarus Aero 2 primary trainer plane on display at Belgrade Aviation Museum
In 1957, the airplane Ikarus S-451MM set the world speed record flying at 750.34 km/hour. In 1960, the Ikarus S-451M, ultra light jet plane set the world speed record, flying at 500.2 km/hour. On 14 November 1961, by the official act of the Administration for Military Industry Affairs, "Ikarus" ceased to be a military company. Most of the personal and equipment from the aircraft section of "Ikarus" had been relocated during the previous decade to a new aircraft factory SOKO, located in Mostar, SR Bosnia and Herzegovina.
In 1992, the company was privatized, and the following year changed its name to "Ikarbus", due to name usage conflicts with the Hungarian bus manufacturer with the same name.
Ikarus IK-160 articulated bus in Skopje
During the 1990-s Yugoslav Wars and international sanctions imposed on FR Yugoslavia, the company's production stagnated. As there was no political will to adjust a state-owned company to a transition, that trend continued during the 2000s and 2010s, causing Ikarbus to become indebted and work in limited capacity. In March 2019, the Chinese "Zhuhai Yinlong New Energy" company began the process of acquiring a majority stake in company's ownership structure.
Every vehicle made by Ikarbus has a name starting with 'IK', followed by a hyphen and then the vehicle's code: IK-1xxs are solo city buses, IK-2xxs are articulated city buses and IK-3xxs and IK-4xxs are coaches. Earlier IK 160(P)/161/166 models are also articulated buses. The letter N disambiguates integral models from non-integral ones.
Currently produced models under Ikarbus brand are:
- IK-103 solo, MAN or Mercedes engine
- IK-103 CNG (meets EURO-5 standards)
- IK-107 minibus, Cummins engine
- IK-112M, MAN NL 323 chassis
- IK-112N solo low floor, MAN engine
- IK-112LE, Mercedes-Benz OC 500 LE chassis
- IK-206 articulated, vertical MAN engine
- IK-218N articulated low floor, MAN engine
- IK-218M articulated low floor, MAN NG 363 chassis
- IK-308, midibus coach
- IK-312, regional coach
- IK-412, long distance coach
- IK-415, three-axle coach
In 1927 an aeronautical section of the factory was found in Zemun where numerous planes were designed and manufactured, as well as under license. The factory included its own airfield. After the end of the World War II, in 1946, another two aeronautical companies, Zmaj and Rogožarski joined Ikarus as a wholly nationalised state aircraft industry. The Ikarus factory had manufactured in its workshops 475 aircraft up until 1962, when it stopped working for the aviation industry.
The most notable aircraft manufactured by the company are: Ikarus 214, Ikarus 215, Ikarus 451, Ikarus 452, Ikarus Aero 2, Ikarus IK-2, Ikarus IO, Ikarus Kosava, Ikarus Kurir, Ikarus MM-2, Ikarus Meteor, Ikarus Orkan, Ikarus S-49 and Ikarus SM.
The historical models under Ikarus brand are:
- IK-4 – solo bus based on Leyland chassis, produced in the early 1970s
- IK-5A/5B – articulated on MAN license, produced in the early 1980s
- IK-83 (solo, FAP chassis, FAMOS 2 F-207 engine, manual transmission) – produced in the 1970s
- IK-61 (solo, Raba D2156 engine, manual transmission) – produced in the 1970s
- IK-105/108/110(B)/115 (solo, Raba D2156 engine, manual transmission) – produced until 1988
- IK-160(B)/180 (articulated, Raba D2156 engine, manual transmission) – produced until 1988
- IK-160P (articulated, SW680 engine ) – produced for the Polish market until 1989
- IK-102 (solo, MAN D2866 engine, automatic VOITH transmission) – produced until 1996
- IK-111(B) (solo, MAN D2866 engine, manual transmission) – produced until 1996
- IK-161(B) (articulated, MAN D2866 engine, manual transmission) – produced until 1996
- IK-161R (articulated, Raba D2156 engine, manual transmission) – produced until 1996
- IK-166 (articulated, MAN D2866 engine, automatic VOITH transmission) – produced until 1996
The historical models under Ikarbus brand are:
- IK-101 solo, MAN engine
- IK-102 solo, RABA engine
- IK-201 articulated, horizontal MAN engine
- IK-202 articulated, horizontal RABA engine
- IK-203 articulated, horizontal Mercedes engine
- "БИЛАНС УСПЕХА (2018) - Ikarbus". apr.gov.rs (in Serbian). Retrieved 25 August 2019.
- "БИЛАНС СТАЊА (2018) - Ikarbus". apr.gov.rs (in Serbian). Retrieved 25 August 2019.
- "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
- "O IKARBUSU". ikarbus.rs (in Serbian). Retrieved 23 March 2019.
- Yugoslavia - The Aviation Industry at aeroflight.co.uk, retrieved 4-12-2013
- "Кинези преузимају „Икарбус"". politika.rs (in Serbian). Tanjug. 21 March 2019. Retrieved 23 March 2019.
- Gunston, Bill (1993). World Encyclopedia of Aircraft Manufacturers. Annapolis: Naval Institute Press. p. 154.
|Wikimedia Commons has media related to Ikarbus.|
- Official website (Serbian)