IMIDRO Sazman-e Tus'h-e vâ Nusazi-ye Mi'adân-e vâ Sânai'-ye He'di-ye Iran | |
Type: | Government-owned corporation |
Foundation: | 2001 |
Location: | Tehran, Iran |
Area Served: | Worldwide |
Key People: | Abbas Aliabadi (Minister of Industry, Mine and Trade) Mohammadreza Movassaghi-nia (Chairman of the board of directors) |
Num Employees: | 5,000+ |
Industry: | Conglomerate |
Products: | Heavy industry, Manufacturing, Mines, Metals, Investment |
Revenue: | US$ 0.5 billion (2010) |
Homepage: | IMIDRO |
Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, is a major state-owned holding company active in the mining sector in Iran. IMIDRO has 8 major companies and 55 operational subsidiaries active in steel, aluminum, copper, cement and mineral exploitation fields.[1]
In 2002, IMIDRO and its subsidiaries had 49.3 thousand employees with a total asset value of 33.5 thousand billion Rials.[2] In 2002 IMIDRO subsidiaries' annual turnover value was estimated at 3.23 thousand billion Rials and their export at 448 million dollars in 2002.[3]
In 2009, IMIDRO reported that 9 countries including Algeria, Belarus, Bolivia, Ecuador, Iraq, Lebanon, Syria, and Venezuela would have cement plants which will be constructed by Iranian engineers.[4]
That same year, Iran produced some 65 million tons of cement per year and exported to 40 countries.[5]