IDRO_Group

IDRO Group

IDRO Group

Rolling stock manufacturer

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]

Quick Facts Company type, Industry ...

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.[citation needed]

Subsidiaries

See also: List of Iranian companies

This is a list of IDRO's main subsidiaries (as of 2008):

More information Company, Activity ...

See also

References

  1. [1]
    [dead link]
  2. [2]
    "Income and Balance Sheets". Industrial Development and Renovation Organization of Iran (IDRO). Archived from the original on 2012-03-21.
  3. [3]
    "About IDRO: History". Industrial Development and Renovation Organization of Iran. Archived from the original on 2012-04-19. Retrieved 2012-01-01.
  4. [4]
    [dead link]
  5. [5]
    "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.
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