IMIDRO

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IMIDRO
Sāzman-e Tose'e va Nosāzi-ye Ma'āden va Sanāye'-e Ma'dani-ye Irān
Company typeGovernment-owned corporation
IndustryConglomerate
Founded2001
HeadquartersTehran, Iran
Area served
Worldwide
Key people
Mohammad Masoud Samiei nejad, CEO and Chairman of the Board of IMIDRO
ProductsHeavy industry, Manufacturing, Mines, Metals, Investment
RevenueIncreaseUS$ 0.5 billion (2010)
Number of employees
5,000+
WebsiteIMIDRO

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]

Foreign projects

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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

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See also

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References

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