IDRO Group
 | |
| Company type | Government-owned corporation |
|---|---|
| Industry | Conglomerate |
| Founded | 1967[1] |
| Founder | Mohammad Reza Pahlavi |
| Headquarters | Tehran, Iran |
Area served | Worldwide |
Key people | Abbas Aliabadi (Minister of Industry, Mine and Trade) Babak Ahmadi (Chairman of the board of directors) |
| Products | Automobiles, Vehicles, Engines, Oil, Gas, Energy, Machinery, Agriculture, Mines, Metals, Research, Training, Aviation, Banking, Trade, Health care, Railway, Management, Technology, Investment |
| Revenue |  US$ 17 billion (2009)[2] |
| US$ 1.486 billion (2009)[1] | |
| Total assets | US$ 45.766 billion (2009)[1] |
| Website | www.idro.org |
The Industrial Development & Renovation Organization of Iran (IDRO) known as IDRO Group was established in 1967 in Iran.[3] IDRO Group is one of the largest companies in Iran. It is also one of the largest conglomerates in Asia. IDRO's objective is to develop Iran's industry sector and to accelerate the industrialization process of the country and to export Iranian products worldwide.[3] Today, IDRO owns 117 subsidiaries and affiliated companies both domestically as well as internationally.[1]
Businesses
In the course of its 40 years of activity, IDRO has gradually become a major shareholder of some key industries in Iran. In recent years and in accordance with the country's privatization policy, IDRO has made great efforts to privatize its affiliated companies. While carrying on its privatization policies and lessening its role as a holding company, IDRO intends to concentrate on its prime missions and to turn into an industrial development agency. IDRO has focused its activities on the following areas in order to materialize such strategy and to expedite the industrial development of Iran:
- Promotion of local and foreign investments with minority holdings owned by IDRO (less than 50% of the shares) with particular emphasis on new, hi-tech and export-oriented industries.
- Restructuring the existing industries through participation of reputable foreign companies in order to transfer new technologies and to enhance the non-oil exports of Iran.
- Development of general contracting activities with the participation of the Iranian private sector and credible foreign companies.
- Rendering consultancy and support services to foreign investors.
- Privatization of the existing subsidiaries.
- Industrial Investment
- Management Development
- Automotive Industry
- Industrial Equipment Machinery
- Marine Industry
- Railway Industry
- Hi-Tech Industries Development
- General Contracting
- Health care
- Banking
Privatization
IDRO had privatized 140 of its companies worth about 2,000 billion rials ($200 million) in the past. The organization will offer shares of 150 industrial units to private investors by March 2010. In 2009, 290 companies were under the control of the IDRO.[citation needed]
Subsidiaries
This is a list of IDRO's main subsidiaries (as of 2008):
| Company[1][4] | Activity[1] | Sector |
|---|---|---|
| Iran Khodro [3] | Designing & production of passenger cars, and after sale services | Cars And Vehicles |
| Govah Co. | Supplier of spare parts for Mercedes Benz commercial vehicles, after sale services for Iran Khodro Diesel products, minibuses, buses and trucks | Cars And Vehicles |
| Iran Auto Parts Mfg. Co. (Ipaco) | Production of rings, bumpers, automotive parts & control cables | Cars And Vehicles |
| Supplying Automotive Parts Co. (SAPCO) | Design, engineering & supplying automotive parts | Cars And Vehicles |
| Iran Khodro Diesel Co. | Manufacturing of commercial vehicles (Diesel and CNG engines) | Cars And Vehicles |
| Khawar Parts Production Co. (K.P.P.Co) | Designing, manufacturing, and assembly of light and commercial vehicles | Cars And Vehicles |
| Mehvarsazan Co. | Production of axles for light- & semi-heavy vehicles | Cars And Vehicles |
| Mehrcam Pars Co. | Manufacturing interior & exterior trim: plastic parts & A/C units for passenger cars | Cars And Vehicles |
| Technology In Automotive Industry Advance Mfg. Co. (T.A.M) | Design & manufacture: special machine tools & equipment for automobile production | Cars And Vehicles |
| Top Service Co. | Supplying spare parts & after sale services: Mercedes-Benz passenger cars and Mb140 vans | Cars And Vehicles |
| Vehicle Axle Mfg.Co. (V.A.M) | Production of axles & differentials for diesel vehicles | Cars And Vehicles |
| Iran Khodro Spare Parts And After Sales Services Co. (ISACO) | Supplying parts and after sales services for Iran Khodro Products | Cars And Vehicles |
| Pars Khodro Co. | Automobile manufacturing | Cars And Vehicles |
| Desco | Design, engineering & supplying of automotive parts | Cars And Vehicles |
| Iran Heavy Diesel Engine Mfg.Co (Desa) | Manufacturing of heavy diesel engines | Cars And Vehicles |
| Sane Co. | Manufacturing of diesel engines & Pride engine parts | Cars And Vehicles |
| Rena Technical Services Co. Archived 2010-09-23 at the Wayback Machine | After sale services for Saipa Diesel | Cars And Vehicles |
| Spare Parts Production & Developing Services Of Pars Khodro Co. | After sale services for Pars Khodro vehicles | Cars And Vehicles |
| SAIPA [4] | Vehicle manufacturing | Cars And Vehicles |
| Indamin-Saipa Mfg.Co | Manufacturing of shock absorbers | Cars And Vehicles |
| Saipa Heavy Dies (Iran Heavy Dies) Mfg. Co. | Design & manufacturing of heavy dies for automobile bodies and high-speed Cnc machine yools | Cars And Vehicles |
| Saipa Diesel Co. | Manufacturing, design, and research (parts, painting, assembling) for trucks and minibus | Cars And Vehicles |
| Kaveh Khodro Saipa Co. | Design and manufacturing of various "OEM" spare parts and truck components | Cars And Vehicles |
| Mega Motor Co. | Manufacturing of automotive power train and related components | Cars And Vehicles |
| Plasco Kar Saipa Co. | Designing & manufacturing of automotive plastic parts | Cars And Vehicles |
| Saipa Yadak Trading Co. | Spare parts and after sales services | Cars And Vehicles |
| Sazeh Gostar Saipa Co. | Design & production of auto parts and accessories | Cars And Vehicles |
| Saipa Azin Co. | Manufacturing of vehicle seats, door panels, and trims | Cars And Vehicles |
| Iran Radiator Co. | Manufacturing of automotive radiators and heat exchangers for generators, power plants, etc. | Cars And Vehicles |
| Charkheshgar Co. | Manufacturer of commercial and automobile transmissions and steering assemblies | Cars And Vehicles |
| Saipa Piston Co. | Manufacturing of 2- & 4-stroke pistons & piston pins | Cars And Vehicles |
| Zamyad Co.[5] | Production of Iveco trucks & minibuses | Cars And Vehicles |
| Press Iran Co. | Design and manufacture of presses and auxiliary pressline equipment | Cars And Vehicles |
| Abzaran Co. | Production of mechanical tools and forged parts | Cars And Vehicles |
| Saipa Malleable Co. | Automotive safety and high-technology parts of cast iron | Cars And Vehicles |
| Saipa Engineering Manufacturing | Equipment & tool design & manufacturing of dies, punches, control gauges & special tools | Cars And Vehicles |
| I.K.D Engineering & Procurement Co (I.K.D. Ep. Co.) | Supply and engineering of parts and equipment for Iran Khodro Diesel | Cars And Vehicles |
| IDEM (Iranian Diesel Engine Mgf.Co.) | Production of Mercedes-Benz diesel engines and related parts | Cars And Vehicles |
| Mashhad Wheel Mfg. Co. (M. W. M) | Automobile wheel manufacture | Cars And Vehicles |
| IHDM - Iran Heavy Dies Manufacturing Co. | Manufacture of heavy dies for the automobile industry | Cars And Vehicles |
| Industrial Projects Management Of Iran (IPMI) | EPC turn-key petroleum, petrochemical and gas projects | Oil, Gas And Energy |
| Machine Sazi Arak Co. | Design, manufacturing, installation, and servicing of oil & gas equipment, hydro-mechanical dam equipment, steel bridges and structures | Oil, Gas And Energy |
| Machine Sazi Pars Co. | Manufacturing of steel structures, oil storage tanks | Oil, Gas And Energy |
| Machine Sazi Lorestan Co. | Design and fabrication of energy industry steel structures, tanks and pressure vessels | Oil, Gas And Energy |
| Nasb Gostar (Jonid) Co. | Engineering, designing & erection of steam boilers | Oil, Gas And Energy |
| Neyreperse Co. | Design, manufacturing & installation of energy industry equipment and projects, road & bridge construction | Oil, Gas And Energy |
| Petroleum Equipment Industries Co.[permanent dead link] | Production of machinery & equipment for oil & gas industries | Oil, Gas And Energy |
| Pars International Development Eng. Co. (PIDECO) | Consultancy services: designing, & engineering | Oil, Gas And Energy |
| Potleh Co. | Design & manufacturing of powerplant equipment, oil refinery equipment, cement kiln, pressure vessels, storage tanks and steel structures | Oil, Gas And Energy |
| Technicon Co. | General contracting and Epc execution of industrial projects, engineering and design services for industries and plants | Oil, Gas And Energy |
| Techno-Tar Engineering Co. | Manufacturing and design of fuel dispensers, mobile stations and CNG dispensers | Oil, Gas And Energy |
| Paysaz Co. | Manufacturing of pressure vessels, towers, storage tanks, refinery equipment | Oil, Gas And Energy |
| Tehran Sufa | Production of industrial valves | Oil, Gas And Energy |
| Toos Payvand Co. | Manufacture of butt welding fittings & supplier of industrial fittings, flanges and pipes | Oil, Gas And Energy |
| Gostaresh Shirsazi Co. | Production of valves for oil & gas industries | Oil, Gas And Energy |
| Petrochemical Down Stream Industries Co.( PDSID) | Research and consulting for petrochemical down-stream industries | Oil, Gas And Energy |
| Nasb Niroo Co. | Erection & commissioning of power plants, civil construction projects: sub-stations & high-transmission lines | Oil, Gas And Energy |
| Engineering, Designing Trading Co. ( E.D.Co. ) | Production of hand saw machine and tools machine spurs | Oil, Gas And Energy |
| HEPCO [6] | Manufacturing and assembly of earth-moving, road construction, and material handling equipment | Oil, Gas And Energy |
| Heavy Duty Pump And Water Turbine Mfg Co. | Heavy-duty pump and water turbine manufacture for oil and gas industry | Oil, Gas And Energy |
| Damafin Thermal Technology Co. | Manufacture of air coolers and finned tubes | Oil, Gas And Energy |
| Nasbe Sanaye Azarabe | Oil, Gas And Energy | |
| Iran Textile Industries Co. | Manufacturing of ring spinning machines | Machinery And Equipment |
| Machine Sazi Tabriz Group | Manufacturing universal and Cnc machine tools, casting, forging parts, turnout | Machinery And Equipment |
| Hepco Engineering & Parts Co.[permanent dead link] | Design & manufacturing of parts for road construction machines | Machinery And Equipment |
| Wagon Pars [7] | Production, manufacture & purchase of railway vehicles | Machinery And Equipment |
| Wagon Parts Supplying Co. (Tav) | Design, manufacturing & Supplying spare parts for rolling stock | Machinery And Equipment |
| Iran Locomotive Manufacturing Co. | Refurbishment, repair & manufacture of locomotives | Machinery And Equipment |
| Jemco | Production of electric motors | Machinery And Equipment |
| Railway Transportation Industries (RTI) | Managing and linking of subcontractors and suppliers in railway transportation industries | Machinery And Equipment |
| Ferdows Textile Co. | Implementing of spinning and weaving factory | Machinery And Equipment |
| Industrial nuts, bolts, engineering, trading | Production of bolts, stud bolts, nuts and waders | Machinery And Equipment |
| Zeraa T Choob Hamoon Co. | Growing eucalyptus seedling to be planted around Jiroft region | Machinery And Equipment |
| Pars Pirex Shargh | Producing of borosilicate glass | Machinery And Equipment |
| Alam Ara Cpt Co. | Production of TV color picture tubes and displays (Before Exploitation) | Machinery And Equipment |
| Zohreh Tile Co. | Single firing tile production | Machinery And Equipment |
| Elegant Semnan Joint Venture Investments | Textile | Machinery And Equipment |
| Luleh Gostar Esfarayen Company (LGECO) | Manufacturing of pipes | Machinery And Equipment |
| Jiroft Cellulose Industries Co. | Producer of conventional viscose | Agricultural Machinery |
| Iran Combine Manufacturing Company [8] | Producer and distributor of agricultural and harvesting machines | Agricultural Machinery |
| Iran Tractor Manufacturing Company | Design, manufacturing and sales of tractors, trailers, agricultural equipment, and light trucks | Agricultural Machinery |
| Iran Tractor Forging Co. | Manufacturing of automotive forging parts | Agricultural Machinery |
| Iran Tractor Foundry Co. (Itfco) | Production of cast iron, design and manufacturing of foundry tooling patterns for tractors, engines & vehicles | Agricultural Machinery |
| Iran Tractor Industrial Machinery Co. | Design And Manufacturing Of Industrial And Agricultural Machinery | Agricultural Machinery |
| Iran Tractor Industrial Services Co. | Designing, Manufacturing, Erection & Commissioning Of Electrical & Mechanical Equipment | Agricultural Machinery |
| Iran Tractor Motorsazan Co. | Manufacturing Of Diesel And Gas Engines For Tractors, Compressors | Agricultural Machinery |
| Iran Tractor Commercial Co. | Export, Import & After-Sale Services Of Agri-Industrial Machinery & Implements | Agricultural Machinery |
| Taka Co. | Production Of Agricultural Equipment | Agricultural Machinery |
| Mines & Metals Esfarayen Industrial Complex (E.I.Co) | Production Of Forged Steel Sections | Mines And Metals |
| Iran Foundry Materials Supplying And Distribution Co. | Production & Distribution Of Foundry Materials | Mines And Metals |
| Pars Kani, Mineral Industries Research And Development Co. | Oil & Gas Upstream Activities, A "Gc" In Mineral Industries. | Mines And Metals |
| Gostaresh Steel Industries Co. | Implementation Of Steel Plants & Related Mines Industries | Mines And Metals |
| Tabriz Machine Sazi Foundry Company (TMFCO) | Mines And Metals | |
| Arvandan Shipbuilding Co. | Design, Construction, Repair and Renovation Of Steel Vessels And Offshore Structures | Marine And Offshore Industries |
| Iran Shipbuilding & Offshore Industries Complex (ISOICO) | Shipbuilding And Ship Repairs, Construction And & Installation Of Offshore Structures | Marine And Offshore Industries |
| Iran Marine Industrial Co. (Sadra Co.) [9] | Shipbuilding & Ship Repair, Oil & Gas Construction, Offshore Installation, Infrastructural & Marine Projects, Epcic Projects | Marine And Offshore Industries |
| Offshore Industries Company (SAFF) | Engineering, Procurement Construction, Installation And Commissioning Of Offshore Structures, Marine Pipe Laying And Other Related | Marine And Offshore Industries |
| Sadra Omid Chabahar (Originally Named "Chabahar Ship Scrapping And Vessel Parts Manufacturing Co.") | Ship Building, Ship Repair, Ship Breaking | Marine And Offshore Industries |
| Industrial Management Institute | Providing Management Education | Training, Research And Industrial Services |
| Institute for Productivity & Human Resource Development [10] | Consulting & Training Services | Training, Research And Industrial Services |
| Advanced Manufacturing Research Center (Amrc) | Industrial Automation, Robotics, Vision Systems, Consulting In High-Tech Activities & Training | Training, Research And Industrial Services |
| Automotive Industries Research And Innovation Center (AIRIC) | Design And Engineering Services And Prototype Manufacturing For Vehicles | Training, Research And Industrial Services |
| IDRO Trading Co. | Export, Import, Commercial Services, Financing | Training, Research And Industrial Services |
| Idro International Trading Co. | Import & Export And Other Commercial Activities | Training, Research And Industrial Services |
| Iran Automotive Industries Consulting Engineers Co. | Automotive Industries Consultants | Training, Research And Industrial Services |
| Information Technology Development Center (Magfa) | Research & Consulting And Development Of (IT) Industry | Training, Research And Industrial Services |
| Iran Industrial Consultants (IIC) | Engineering And Industrial Consultancy Services In Fields Of Machineries & Equipment, Forging And Foundry, Industrial Buildings | Training, Research And Industrial Services |
| Iran Info-Tech Development Co. | Information Technology, Computer Production, Software, Hardware, Communication And Education Development | Training, Research And Industrial Services |
| Iran Standard & Quality Inspection Co. | Consultancy Services For Quality Management, Training | Training, Research And Industrial Services |
| Iran Travel Agency Co Ltd. | Domestic & International Air Travel Services | Training, Research And Industrial Services |
| Iran Welding Research & Engineering Center | Industrial Research In Welding Fields | Training, Research And Industrial Services |
| MANA - Industrial Development & Renovation Construction Company | Civil Engineering & Construction | Training, Research And Industrial Services |
| Nashr Gostar Co. | Trading & Setting Up Exhibitions | Training, Research And Industrial Services |
| Nosaz Construction & Services Co. | Designing, Consulting, Renovation & Maintenance | Training, Research And Industrial Services |
| Rena Industrial Group Investment Co. | Investment. As of 2010, 85% of its portfolio invested in the automotive sector[5] | Training, Research And Industrial Services |
| Shiraz Special Economic Zone | Developing Shiraz Electronic Economic Zone | Training, Research And Industrial Services |
| Iran International General Contraction Co. | Engineering, Procurement & Construction Services For Offshore & Onshore Major Industrial Projects Related To Oil, Gas And Petrochemical Industries. | Training, Research And Industrial Services |
| Industrial Renovation Company Of Iran (I.R.C.I) | Facilitate Effective Participation In Global Market And Elevate Competitiveness Potentials | Training, Research And Industrial Services |
| Industrial And Engineering Inspection Co. Of Iran (IEI) | Quality And Quantity Inspection Covering Sampling, Analysis, Witness Testing Of Cargo. | Training, Research And Industrial Services |
| Nimeh Hadi Emad/Emad Semicon Co. | Design And Manufacturing Of Electronic Integrated Circuit For Telecommunication, Automation, And Information Technology Industries | Training, Research And Industrial Services |
| Iran Industrial Development Investment Co. | Investment | Training, Research And Industrial Services |
| Advanced Materials Industrial Development Co. (Amid Co.) | Development, Investment And Contribution In Establishment Of Advanced Material Industries | Training, Research And Industrial Services |
| Biotechnology Development Company | Development Of Biotechnology Industry | Training, Research And Industrial Services |
| Alborz Industrial City Co. (A.I.C.Co) | Presenting Overall Urban Services And Facilities | Training, Research And Industrial Services |
| Fars Industrial And Export Development | Developing Shiraz Special Electronic Economic Zone | Training, Research And Industrial Services |
| Rasht Industrial City Co | Presentation Of Civil Services Construction | Training, Research And Industrial Services |
| Educational Equipment Industries | Designing, Production And Supply Of Educational Equipment, Teaching Aids And Tools For All Kinds Of Teaching Center, Laboratory And Workshop | Training, Research And Industrial Services |
| Shahrake Tahgigatie Kavosh | Preparation City, Road, Electricity, Water Appliances | Training, Research And Industrial Services |
| Life science Industry Development Company (LIDCO) | Training, Research And Industrial Services | |
| Entrepreneurship Development Company Of Iran (EDCO) | Training, Research And Industrial Services | |
| Management of Construction Projects Iran/Modiriat Projehaye Sakhtemany Iran (MAPSA) | Training, Research And Industrial Services | |
| Iran Aviation Industries Co. | Study And Research On Aviation Equipment Manufacturing | Aviation Industries |
See also
- Economy of Iran
- IMIDRO
- Industry of Iran
- International rankings of Iran
- Iranian automobile industry
- Iranian railway industry
- List of Iranian companies
- National Iranian Oil Company
- National Iranian Petrochemical Company
- Privatization in Iran
- Science and technology in Iran
- Geological Survey and Mineral Exploration of Iran
References
- ^ a b c d e f [1][dead link]
- ^ "Income and Balance Sheets". Industrial Development and Renovation Organization of Iran (IDRO). Archived from the original on 2012-03-21.
- ^ a b "About IDRO: History". Industrial Development and Renovation Organization of Iran. Archived from the original on 2012-04-19. Retrieved 2012-01-01.
- ^ [2][dead link]
- ^ "This Month" (PDF). Iran Investment Monthly. 4 (45). Turquoise Partners. June 2010. Archived from the original (PDF) on 2011-07-17. Retrieved 2012-01-01.
External links
| International | |
|---|---|
| National | |
Categories:
- Government-owned companies of Iran
- Lists of companies of Iran
- Economy of Iran
- Industrial development agencies
- Conglomerate companies of Iran
- Life sciences industry
- Manufacturing companies based in Tehran
- Ministry of Industry, Mine and Trade (Iran)
- Iranian entities subject to U.S. Department of the Treasury sanctions