30th September 2025
MAG IAS GmbH (MAG), a member of the Fair Friend Group (FFG), has received a major order to supply a turnkey production line for railway axles from Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. (JTRWF) in India.
12th August 2025
Eislingen, August 8, 2025 – The Fair Friend Group (FFG) has appointed Bernd Hilgarth as Managing Director and Chief Sales Officer (CSO) of MAG IAS GmbH (MAG IAS), effective August 1, 2025. In this role, he will assume overall responsibility for the sales organization of MAG IAS and the Fair Friend Group and will report directly to the Group’s CEO, Dr. Sebastian Schöning.
11th February 2025
Eislingen, Germany. FFG subsidiary MAG IAS GmbH (MAG) has secured a significant contract to deliver a highly automated production line for forged railway wheels to Ramkrishna Titagarh Rail Wheels Ltd. (RKTR) in India.
2nd September 2024
Eislingen, Germany. The Fair Friend Group (FFG) has initiated a comprehensive strategic realignment to address the current global challenges in the machine tool industry and to strengthen its competitive position.