The story
Ivo Lola Ribar Institute was founded in 1963 by decree of the Government of Serbia. It has been named after People's Hero of Yugoslavia Ivo Lola Ribar, the youngest son of Ivan Ribar.
In current form, the institute operates since 31 December 1985. During the 1980s, it was one of the leading technology institutes in former Yugoslavia.
From Wikipedia’s article on Ivo Lola Ribar Institute, shared under CC BY-SA 4.0.3