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Private company

Industrial Development and Renovation Organization of Iran

Rolling stock manufacturer

The Industrial Development & Renovation Organization of Iran (IDRO) known as IDRO Group was established in 1967 in Iran. IDRO Group is one of the largest companies in Iran. It is also one of the largest conglomerates in Asia.2 It was founded by Mohammad Reza I of Iran.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1967Founded1

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The Industrial Development & Renovation Organization of Iran (IDRO) known as IDRO Group was established in 1967 in Iran. 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. Today, IDRO owns 117 subsidiaries and affiliated companies both domestically as well as internationally.2

Corporate structure

Industrial Development and Renovation Organization of Iran sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Founded by Mohammad Reza I of Iran in 1967.1

Leadership

Who has led Industrial Development and Renovation Organization of Iran, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • car

Listed on Wikidata.1

Businesses

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:

Promotion of local and foreign investments with minority holdings owned by IDRO (less than 50% of the shares) with particular emphasis on new, hi-tech and export-oriented industries.

Restructuring the existing industries through participation of reputable foreign companies in order to transfer new technologies and to enhance the non-oil exports of Iran.

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Development of general contracting activities with the participation of the Iranian private sector and credible foreign companies.

Rendering consultancy and support services to foreign investors.

Privatization of the existing subsidiaries.

Industrial Investment

Management Development

Automotive Industry

Industrial Equipment Machinery

Marine Industry

Railway Industry

Hi-Tech Industries Development

General Contracting

Health care

Banking

Subsidiaries

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

From Wikipedia’s article on IDRO Group, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

  1. 1974Acquired Wagon Pars1

Timeline

  1. 1967Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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