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, aluminium, copper, cement and mineral exploitation fields.[1]

IMIDRO
Government-owned corporation
IndustryConglomerate
Founded2001
HeadquartersTehran, Iran
Area served
Worldwide
Key people
Mohammadreza Nematzadeh (Minister of Industry & Chairman)
ProductsHeavy industry, Manufacturing, Mines, Metals, Investment
RevenueUS$ 0.5 billion (2010)
Number of employees
5,000+
WebsiteIMIDRO

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 Syria, Venezuela, Bolivia, Algeria, Lebanon, Ecuador, Iraq, Belarus and one of the Mid-Asian countries will have cement plants which will be constructed by Iranian engineers.[4] Iran is the 5th largest cement producer in world.[5]

In 2009 Iran produced some 65 million tons of cement per year and exported to 40 countries.[6]

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)[7]
  • National Iranian Steel Company (NISCO)
  • Ministry of Industries and Mines Institute for Training & Research (ITR)
  • Persian Gulf Mining & Metal Industries Special Zone (PGSEZ)

See also

References
  1. http://www.iran-daily.com/1388/3468/html/economy.htm
  2. "History of IMIDRO". Steelonthenet.com. Retrieved 2013-12-30.
  3. "Archived copy". Archived from the original on 2009-04-14. Retrieved 2009-08-16.CS1 maint: archived copy as title (link)
  4. "Archived copy". Archived from the original on 2010-04-07. Retrieved 2011-10-18.CS1 maint: archived copy as title (link)
  5. "Archived copy". Archived from the original on 2012-06-09. Retrieved 2011-10-18.CS1 maint: archived copy as title (link)
  6. "Iran exports cement to 40 countries". 7 February 2010.
  7. "شرکت ملی صنایع مس ایران". www.nicico.com.
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