This period can be considered the golden age of GOŠA FOM. The modernized factory, with increased capacities and quality personnel, became a major producer of large investment equipment on the Yugoslav and global scale. It produced more equipment for foreign markets than it did for the domestic market, becoming a large exporter.
GOŠA FOM mastered the production of metallurgical, coke, and mining equipment, and gearboxes, and it established cooperation with large international companies. A new factory for gearboxes was created in a joint venture with Eickhoff.
On December 16, 1952, November 25, 1970, and October 2, 1978, Goša was visited by the president of the SFR Yugoslavia, Josip Broz Tito, making Goša very proud as he rarely visited any company three times. In 1983, Goša won the AVNOJ Award, the highest Yugoslav award that organizations and individuals received for outstanding results over a longer period of time. On May 26, 1983, Goša celebrated its 60th anniversary in the presence of top state officials.
A special part of the ceremony was the commissioning of a newly built gearbox factory. The gearbox factory was built under a joint venture agreement between Goša and West German company Eickhoff (Bohum). Channelling investments and personnel into continuous development and mastering new products, with invaluable assistance and support from business partners, Goša shaped its current product portfolio, which includes energy and mining equipment, coke and metallurgical equipment and machines, cranes, and gearboxes.