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Iran Auto Firms Target 3m Production Target

EghtesadOnline: Automakers are aiming at a production rate of 3 million units over the next eight years, says the investment director of the Industrial Development and Renovation Organization of Iran ( IDRO ).
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Publish Date:09/May/2017 | 08:29

IDRO , Renault Deal in the Offing

EghtesadOnline: The Industrial Development & Renovation Organization of Iran ( IDRO ) and French automaker Renault are to sign a production contract in two weeks according to the state-owned company’s chief executive officer.
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Publish Date:04/April/2017 | 08:01

Official: Swedish companies interested to invest in Iran

EghtesadOnline: Executive Director for Investment in Sweden's Commerce Ministry Ms. Elva Berri said on Saturday that Swedish companies are so interested to invest in Iran by sharing know-how.
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Publish Date:12/February/2017 | 09:52

3 Million Cars: A Tall Order

EghtesadOnline: Chairman of the Industrial Development and Renovation Organization of Iran ( IDRO ), Mansour Moazami, told a press briefing at the opening of the new Punch Powertrain transmission manufacturing factory in Zanjan on Tuesday that Iran will produce three million cars a year by 2023.
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Publish Date:11/February/2017 | 10:42

First IDRO -Renault Joint Venture Car

EghtesadOnline: The first joint venture car between Industrial Development & Renovation Organization of Iran ( IDRO ) and French automaker Renault will be manufactured in 2017, said Mansour Moazzami, head of the IDRO .
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Publish Date:12/January/2017 | 15:08

IDRO -Renault Deal Shrouded in Doubts

EghtesadOnline: Iranian automakers have voiced their displeasure and MPs have questioned the legality of the MoU signed by the Industrial Development and Renovation Organization with Renault in September.
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Publish Date:12/November/2016 | 19:44

IDRO Producing API 610 Pumps

EghtesadOnline: Heavy Duty Pumps and Water Turbine Manufacture Company (Petco) designs and manufactures assorted pumps for the gas and oil industries with indigenized materials, knowledge and expertise without the need to import technology, head of mechanical design and technical-engineering affairs said.
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Publish Date:11/October/2020 | 20:22

IDRO Resolves Problem With SAIPA Over Renault Deal

EghtesadOnline: Renault’s production deal with the Industrial Development and Renovation Organization and a local private company Negin Khodro will become operational by March, the IDRO chief said.
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Publish Date:06/February/2018 | 07:58

IDRO Chief Renegotiating Renault Deal in Paris

EghtesadOnline: Head of Iran Industrial Development and Renovation Organization Mansour Moazemi was in Paris over the weekend to renegotiate a deal with Renault.
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Publish Date:21/November/2017 | 07:03

Russia's Gazprom, Iran’s IDRO sign initial deal

EghtesadOnline: Russian gas giant Gazprom signed an initial agreement with Iranian state-run investment fund IDRO to cooperate in unspecified oil, gas and energy projects, Reuters reported.
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Publish Date:06/November/2017 | 09:34

IDRO Fretting About Extended Delays in JV Auto Production

EghtesadOnline: Director of Iran Industrial Development and Renovation Organization says that before the end of the current fiscal (March 2018) no new deals will be signed between local carmakers and foreign companies.
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Publish Date:29/October/2017 | 24:48

IDRO Signs Industrial Deal With Czech Ministry

EghtesadOnline: The Industrial Development and Renovation Organization of Iran and the Ministry of Industry and Trade of the Czech Republic signed an agreement on Saturday to promote industrial cooperation.
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Publish Date:09/October/2017 | 13:45

Iran’s IDRO plans to develop major oil field

EghtesadOnline: Iran’s IDRO Group says it plans to develop the Susangerd oil field in the country’s southwest in partnership with a reputable international company.
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Publish Date:15/July/2017 | 24:24

Wagon Manufacturing JV With Russian Firm

EghtesadOnline: The Industrial Development and Renovation Organization of Iran has signed a joint venture contract with Russia’s CJSC Transmashholding to manufacture 500 wagons in Iran.
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Publish Date:29/April/2017 | 05:26

Iran heading for major economic spurt in short term

EghtesadOnline: The Iranian government has taken special measures which are expected to give an economic boost to the country's economy in a few months, said Mansur Moazzami, chairman of board of directors of Industrial Development and Renovation Organization ( IDRO ).
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Publish Date:28/September/2016 | 08:09