IMIDRO
From Wikipedia, the free encyclopedia
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]
| |
| Company type | Government-owned corporation |
|---|---|
| Industry | Conglomerate |
| Founded | 2001 |
| Headquarters | Tehran, Iran |
Area served | Worldwide |
Key people | Mohammad Masoud Samiei nejad, CEO and Chairman of the Board of IMIDRO |
| Products | Heavy industry, Manufacturing, Mines, Metals, Investment |
| Revenue |  US$ 0.5 billion (2010) |
Number of employees | 5,000+ |
| Website | IMIDRO |
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]
Foreign projects
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]
Main subsidiaries
- Al-Mahdi Aluminum Company
- Ehdas Sanat Company (ESC) - Cement company
- Esfahan Steel Company (ESCO)
- Heavy Equipment Production Company (HEPCO)
- Iranian Aluminum Company (IRALCO)
- Iranian Minerals Production and Supply Company (IMPASCO)
- Khouzestan Steel Company (KSC)
- Mobarakeh Steel Company (MSC)
- National Iranian Copper Industries Company (NICICO)[6]
- National Iranian Steel Company (NISCO)
- Ministry of Industries and Mines Institute for Training & Research (ITR)
- Persian Gulf Mining & Metal Industries Special Zone (PGSEZ)