IDRO Group explained

IDRO Group
Type:Government-owned corporation
Founder:Mohammad Reza Pahlavi
Location:Tehran, Iran
Area Served:Worldwide
Key People:Abbas Aliabadi (Minister of Industry, Mine and Trade)
Babak Ahmadi (Chairman of the board of directors)
Industry:Conglomerate
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)[1]
Assets: US$ 45.766 billion (2009)
Net Income:US$ 1.486 billion (2009)
Homepage:www.idro.org

The Industrial Development & Renovation Organization of Iran (IDRO) known as IDRO Group was established in 1967 in Iran.[2] 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.[2] Today, IDRO owns 117 subsidiaries and affiliated companies both domestically as well as internationally.

Businesses

See also: Industry of Iran.

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:

Privatization

See also: Privatization in Iran.

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.

Subsidiaries

See also: List of Iranian companies. This is a list of IDRO's main subsidiaries (as of 2008):

Company[3] [4] Activity Sector
Iran Khodro https://web.archive.org/web/20110901234226/http://www.ikco.com/Designing & production of passenger cars, and after sale servicesCars And Vehicles
Govah Co.Supplier of spare parts for Mercedes Benz commercial vehicles, after sale services for Iran Khodro Diesel products, minibuses, buses and trucksCars And Vehicles
Iran Auto Parts Mfg. Co. (Ipaco)Production of rings, bumpers, automotive parts & control cablesCars And Vehicles
Supplying Automotive Parts Co. (SAPCO)Design, engineering & supplying automotive partsCars 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 vehiclesCars And Vehicles
Mehvarsazan Co.Production of axles for light- & semi-heavy vehiclesCars And Vehicles
Mehrcam Pars Co.Manufacturing interior & exterior trim: plastic parts & A/C units for passenger carsCars And Vehicles
Technology In Automotive Industry Advance Mfg. Co. (T.A.M)Design & manufacture: special machine tools & equipment for automobile productionCars And Vehicles
Top Service Co.Supplying spare parts & after sale services: Mercedes-Benz passenger cars and Mb140 vansCars And Vehicles
Vehicle Axle Mfg.Co. (V.A.M)Production of axles & differentials for diesel vehiclesCars And Vehicles
Iran Khodro Spare Parts And After Sales Services Co. (ISACO)Supplying parts and after sales services for Iran Khodro ProductsCars And Vehicles
Pars Khodro Co.Automobile manufacturingCars And Vehicles
DescoDesign, engineering & supplying of automotive partsCars And Vehicles
Iran Heavy Diesel Engine Mfg.Co (Desa)Manufacturing of heavy diesel enginesCars And Vehicles
Sane Co.Manufacturing of diesel engines & Pride engine partsCars And Vehicles
Rena Technical Services Co. After sale services for Saipa DieselCars And Vehicles
Spare Parts Production & Developing Services Of Pars Khodro Co.After sale services for Pars Khodro vehiclesCars And Vehicles
SAIPA https://web.archive.org/web/20080705105113/http://www.saipacorp.com/Vehicle manufacturingCars And Vehicles
Indamin-Saipa Mfg.CoManufacturing of shock absorbersCars And Vehicles
Saipa Heavy Dies (Iran Heavy Dies) Mfg. Co.Design & manufacturing of heavy dies for automobile bodies and high-speed Cnc machine yoolsCars And Vehicles
Saipa Diesel Co.Manufacturing, design, and research (parts, painting, assembling) for trucks and minibusCars And Vehicles
Kaveh Khodro Saipa Co.Design and manufacturing of various "OEM" spare parts and truck componentsCars And Vehicles
Mega Motor Co.Manufacturing of automotive power train and related componentsCars And Vehicles
Plasco Kar Saipa Co.Designing & manufacturing of automotive plastic partsCars And Vehicles
Saipa Yadak Trading Co.Spare parts and after sales servicesCars And Vehicles
Sazeh Gostar Saipa Co.Design & production of auto parts and accessoriesCars And Vehicles
Saipa Azin Co.Manufacturing of vehicle seats, door panels, and trimsCars 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 assembliesCars And Vehicles
Saipa Piston Co.Manufacturing of 2- & 4-stroke pistons & piston pinsCars And Vehicles
Zamyad Co.https://web.archive.org/web/20101130160926/http://zamyadco.com/Production of Iveco trucks & minibusesCars And Vehicles
Press Iran Co.Design and manufacture of presses and auxiliary pressline equipmentCars And Vehicles
Abzaran Co.Production of mechanical tools and forged partsCars And Vehicles
Saipa Malleable Co.Automotive safety and high-technology parts of cast ironCars And Vehicles
Saipa Engineering ManufacturingEquipment & tool design & manufacturing of dies, punches, control gauges & special toolsCars And Vehicles
I.K.D Engineering & Procurement Co (I.K.D. Ep. Co.)Supply and engineering of parts and equipment for Iran Khodro DieselCars And Vehicles
IDEM (Iranian Diesel Engine Mgf.Co.)Production of Mercedes-Benz diesel engines and related partsCars And Vehicles
Mashhad Wheel Mfg. Co. (M. W. M)Automobile wheel manufactureCars And Vehicles
IHDM - Iran Heavy Dies Manufacturing Co.Manufacture of heavy dies for the automobile industryCars And Vehicles
Industrial Projects Management Of Iran (IPMI)EPC turn-key petroleum, petrochemical and gas projectsOil, Gas And Energy
Machine Sazi Arak Co.Design, manufacturing, installation, and servicing of oil & gas equipment, hydro-mechanical dam equipment, steel bridges and structuresOil, Gas And Energy
Machine Sazi Pars Co.Manufacturing of steel structures, oil storage tanksOil, Gas And Energy
Machine Sazi Lorestan Co.Design and fabrication of energy industry steel structures, tanks and pressure vesselsOil, Gas And Energy
Nasb Gostar (Jonid) Co.Engineering, designing & erection of steam boilersOil, Gas And Energy
Neyreperse Co.Design, manufacturing & installation of energy industry equipment and projects, road & bridge constructionOil, Gas And Energy
Petroleum Equipment Industries Co.Production of machinery & equipment for oil & gas industriesOil, Gas And Energy
Pars International Development Eng. Co. (PIDECO)Consultancy services: designing, & engineeringOil, Gas And Energy
Potleh Co.Design & manufacturing of powerplant equipment, oil refinery equipment, cement kiln, pressure vessels, storage tanks and steel structuresOil, Gas And Energy
Technicon Co.General contracting and Epc execution of industrial projects, engineering and design services for industries and plantsOil, Gas And Energy
Techno-Tar Engineering Co.Manufacturing and design of fuel dispensers, mobile stations and CNG dispensersOil, Gas And Energy
Paysaz Co.Manufacturing of pressure vessels, towers, storage tanks, refinery equipmentOil, Gas And Energy
Tehran SufaProduction of industrial valvesOil, Gas And Energy
Toos Payvand Co.Manufacture of butt welding fittings & supplier of industrial fittings, flanges and pipesOil, Gas And Energy
Gostaresh Shirsazi Co.Production of valves for oil & gas industriesOil, Gas And Energy
Petrochemical Down Stream Industries Co.(PDSID)Research and consulting for petrochemical down-stream industriesOil, Gas And Energy
Nasb Niroo Co.Erection & commissioning of power plants, civil construction projects: sub-stations & high-transmission linesOil, Gas And Energy
Engineering, Designing Trading Co. (E.D.Co.)Production of hand saw machine and tools machine spursOil, Gas And Energy
HEPCO https://web.archive.org/web/20110501043805/http://hepcoir.com/Manufacturing and assembly of earth-moving, road construction, and material handling equipmentOil, Gas And Energy
Heavy Duty Pump And Water Turbine Mfg Co.Heavy-duty pump and water turbine manufacture for oil and gas industryOil, Gas And Energy
Damafin Thermal Technology Co.Manufacture of air coolers and finned tubesOil, Gas And Energy
Nasbe Sanaye AzarabeOil, Gas And Energy
Iran Textile Industries Co.Manufacturing of ring spinning machinesMachinery And Equipment
Machine Sazi Tabriz GroupManufacturing universal and Cnc machine tools, casting, forging parts, turnoutMachinery And Equipment
Hepco Engineering & Parts Co.Design & manufacturing of parts for road construction machinesMachinery And Equipment
Wagon Pars http://www.Wagonpars.ComProduction, manufacture & purchase of railway vehiclesMachinery And Equipment
Wagon Parts Supplying Co. (Tav)Design, manufacturing & Supplying spare parts for rolling stockMachinery And Equipment
Iran Locomotive Manufacturing Co.Refurbishment, repair & manufacture of locomotivesMachinery And Equipment
JemcoProduction of electric motorsMachinery And Equipment
Railway Transportation Industries (RTI)Managing and linking of subcontractors and suppliers in railway transportation industriesMachinery And Equipment
Ferdows Textile Co.Implementing of spinning and weaving factoryMachinery And Equipment
Industrial nuts, bolts, engineering, tradingProduction of bolts, stud bolts, nuts and wadersMachinery And Equipment
Zeraa T Choob Hamoon Co.Growing eucalyptus seedling to be planted around Jiroft regionMachinery And Equipment
Pars Pirex SharghProducing of borosilicate glassMachinery 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 productionMachinery And Equipment
Elegant Semnan Joint Venture InvestmentsTextileMachinery And Equipment
Luleh Gostar Esfarayen Company (LGECO)Manufacturing of pipesMachinery And Equipment
Jiroft Cellulose Industries Co.Producer of conventional viscoseAgricultural Machinery
Iran Combine Manufacturing Company http://www.Irancombine.ComProducer and distributor of agricultural and harvesting machinesAgricultural Machinery
Iran Tractor Manufacturing CompanyDesign, manufacturing and sales of tractors, trailers, agricultural equipment, and light trucksAgricultural Machinery
Iran Tractor Forging Co.Manufacturing of automotive forging partsAgricultural Machinery
Iran Tractor Foundry Co. (Itfco)Production of cast iron, design and manufacturing of foundry tooling patterns for tractors, engines & vehiclesAgricultural Machinery
Iran Tractor Industrial Machinery Co.Design And Manufacturing Of Industrial And Agricultural MachineryAgricultural Machinery
Iran Tractor Industrial Services Co.Designing, Manufacturing, Erection & Commissioning Of Electrical & Mechanical EquipmentAgricultural Machinery
Iran Tractor Motorsazan Co.Manufacturing Of Diesel And Gas Engines For Tractors, CompressorsAgricultural Machinery
Iran Tractor Commercial Co.Export, Import & After-Sale Services Of Agri-Industrial Machinery & ImplementsAgricultural Machinery
Taka Co.Production Of Agricultural EquipmentAgricultural Machinery
Mines & Metals Esfarayen Industrial Complex (E.I.Co)Production Of Forged Steel SectionsMines And Metals
Iran Foundry Materials Supplying And Distribution Co.Production & Distribution Of Foundry MaterialsMines 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 IndustriesMines And Metals
Tabriz Machine Sazi Foundry Company (TMFCO)Mines And Metals
Arvandan Shipbuilding Co.Design, Construction, Repair and Renovation Of Steel Vessels And Offshore StructuresMarine And Offshore Industries
Iran Shipbuilding & Offshore Industries Complex (ISOICO)Shipbuilding And Ship Repairs, Construction And & Installation Of Offshore StructuresMarine And Offshore Industries
Iran Marine Industrial Co. (Sadra Co.) https://web.archive.org/web/20020402074909/http://www.sadragroup.com/Shipbuilding & Ship Repair, Oil & Gas Construction, Offshore Installation, Infrastructural & Marine Projects, Epcic ProjectsMarine And Offshore Industries
Offshore Industries Company (SAFF)Engineering, Procurement Construction, Installation And Commissioning Of Offshore Structures, Marine Pipe Laying And Other RelatedMarine And Offshore Industries
Sadra Omid Chabahar (Originally Named "Chabahar Ship Scrapping And Vessel Parts Manufacturing Co.")Ship Building, Ship Repair, Ship BreakingMarine And Offshore Industries
Industrial Management InstituteProviding Management EducationTraining, Research And Industrial Services
Institute for Productivity & Human Resource Development http://www.Iphrd.ComConsulting & Training ServicesTraining, Research And Industrial Services
Advanced Manufacturing Research Center (Amrc)Industrial Automation, Robotics, Vision Systems, Consulting In High-Tech Activities & TrainingTraining, Research And Industrial Services
Automotive Industries Research And Innovation Center (AIRIC)Design And Engineering Services And Prototype Manufacturing For VehiclesTraining, Research And Industrial Services
IDRO Trading Co.Export, Import, Commercial Services, FinancingTraining, Research And Industrial Services
Idro International Trading Co.Import & Export And Other Commercial ActivitiesTraining, Research And Industrial Services
Iran Automotive Industries Consulting Engineers Co.Automotive Industries ConsultantsTraining, Research And Industrial Services
Information Technology Development Center (Magfa)Research & Consulting And Development Of (IT) IndustryTraining, Research And Industrial Services
Iran Industrial Consultants (IIC)Engineering And Industrial Consultancy Services In Fields Of Machineries & Equipment, Forging And Foundry, Industrial BuildingsTraining, Research And Industrial Services
Iran Info-Tech Development Co.Information Technology, Computer Production, Software, Hardware, Communication And Education DevelopmentTraining, Research And Industrial Services
Iran Standard & Quality Inspection Co.Consultancy Services For Quality Management, TrainingTraining, Research And Industrial Services
Iran Travel Agency Co Ltd.Domestic & International Air Travel ServicesTraining, Research And Industrial Services
Iran Welding Research & Engineering CenterIndustrial Research In Welding FieldsTraining, Research And Industrial Services
MANA - Industrial Development & Renovation Construction CompanyCivil Engineering & ConstructionTraining, Research And Industrial Services
Nashr Gostar Co.Trading & Setting Up ExhibitionsTraining, Research And Industrial Services
Nosaz Construction & Services Co.Designing, Consulting, Renovation & MaintenanceTraining, 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 ZoneDeveloping Shiraz Electronic Economic ZoneTraining, 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 PotentialsTraining, 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 IndustriesTraining, Research And Industrial Services
Iran Industrial Development Investment Co.InvestmentTraining, Research And Industrial Services
Advanced Materials Industrial Development Co. (Amid Co.)Development, Investment And Contribution In Establishment Of Advanced Material IndustriesTraining, Research And Industrial Services
Biotechnology Development CompanyDevelopment Of Biotechnology IndustryTraining, Research And Industrial Services
Alborz Industrial City Co. (A.I.C.Co)Presenting Overall Urban Services And FacilitiesTraining, Research And Industrial Services
Fars Industrial And Export DevelopmentDeveloping Shiraz Special Electronic Economic ZoneTraining, Research And Industrial Services
Rasht Industrial City CoPresentation Of Civil Services ConstructionTraining, Research And Industrial Services
Educational Equipment IndustriesDesigning, Production And Supply Of Educational Equipment, Teaching Aids And Tools For All Kinds Of Teaching Center, Laboratory And WorkshopTraining, Research And Industrial Services
Shahrake Tahgigatie KavoshPreparation City, Road, Electricity, Water AppliancesTraining, 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 ManufacturingAviation Industries

See also

References

  1. Web site: Industrial Development and Renovation Organization of Iran (IDRO) . Income and Balance Sheets . dead . https://web.archive.org/web/20120321010456/http://www.idro.org/DocLib6/%D8%B5%D9%88%D8%B1%D8%AA%D9%87%D8%A7%D9%8A%20%D9%85%D8%A7%D9%84%D9%8A%20%D8%AA%D9%84%D9%81%D9%8A%D9%82%D9%8A%205%20%D8%B3%D8%A7%D9%84%D9%87.xls . 2012-03-21 .
  2. Web site: About IDRO: History . Industrial Development and Renovation Organization of Iran . 2012-01-01 . dead . https://web.archive.org/web/20120419071230/http://www.idro.org/enidro/About%20Idro/History.aspx . 2012-04-19 .
  3. http://www.idro.org/portal/DesktopModules/Contents/assets/asset1480/annual-report.pdf
  4. http://www.idro.org/portal/Upload/Modules/Contents/asset0/asset1898/sub.pdf.pdf
  5. This Month . Iran Investment Monthly . Turquoise Partners . June 2010 . 4 . 45 . 2012-01-01 . https://web.archive.org/web/20110717113347/http://www.turquoisepartners.com/iraninvestment/IIM-Jun10.pdf . 2011-07-17 . dead .

External links