In 2009, IMR formed a partnership or joint venture with IMT, also of Serbia. IMR owns a small portion of IMT. In 2011, IMR began sending CKD tractors to Ethiopia for assembly. They are also sold in Egypt as EAMCO tractors. In 2014, it was proposed that IMT and IMR merge in order to survive, but nothing has come from it. Both companies are managed by the same director.IMR was shut down in 2015 along with IMT.Currently TAFE is looking out to buy them.