IEA Trading Group is an international group of companies, specialising in the trade of technical products between Europe and Asia.
In 1968 Mr. Dipl.-Ing. Julius G. Kiss founded IVM Ingenieurleistungen für Verfahrenstechnik und Maschinenbau GmbH in Munich and thus laid the foundation stone of today's group of companies.
Through hard work, great competence, reliability and constant commitment, the company grew and gained more and more customers, such as VW, Mercedes, GM, Chrysler, Ford, Jaguar, Seat, Siemens, Alcatel and Airbus. Business lines expanded from initial plant engineering (chemical plant development and management systems development) to automotive and motorcycle engineering, rail vehicle engineering, aerospace technology, communications and information technology and further education. The company developed into an internationally important group in the development industry with branches in the USA, Austria, Great Britain, France, Brazil, China, and many more.
One of the projects of early years in the automotive sector was the Americanization of the "VW Golf" to the "Rabbit". Overall development services such as the "Audi A8 Coupé" or the "Callaway C12" are examples of the overarching expertise of the IVM-Group.
Due to the globalization, the world-wide growth of the industry and based on our versatile technology experiences, we entered into the future-oriented import/export trade and therefore founded in 1997 in Switzerland the trading company IVM International Trading AG, the today‘s IEA International Trading AG.
In 2000, the IVM-Group with over 2,400 employees worldwide by that time, generated annual sales of approximately EUR 170 million. In 2002, as part of a realignment, the German company IVM Automotive was sold to a subsidiary of one of America's largest financial companies, the Carlyle Group, paving the way for new strategic corporate goals.
Early on, the founder of the company recognized the importance of China as a growth market, and IVM began to engage in entrepreneurial activities in the country. The long-standing, good contacts and connections thus gained were further expanded and the engagement in China strengthened. In 2002, for example, IVM Technical Consultants Wien GmbH acquired shares of Weichai Power Co. Ltd, the largest Diesel Engine Manufacturer in China.
In 1999, IEA International Trading AG, the global trading center and responsible for the financing of the trading business, opened a representative office in Qingdao, China. In 2003, IEA International Trading Qingdao Co. Ltd. was founded to further intensify and keep direct contact with local customers and suppliers. In 2009, the founding of IEA International Trading GmbH followed in Germany.