Saipa Corporation

Owner of Saipa is The Industrial Development and Renovation Organization of Iran IDRO

Status:High Alert – Entity affiliated with Designated / Sanctioned / Illicit entities

Risk Level:89%

May harm your business future.

This entity is connected with designated / sanctioned entities who are helping Iranian Regime Terrorist Activities & development of WMD

Owner of Saipa Corp. is The Industrial Development & Renovation Organization of Iran (IDRO)
with 17.3% shares. IDRO is added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control on 11/5/2018 for being owned or controlled by the Iranian regime;

According to reports, terrorist organizaiton – IRGC owns 4% of SAIPA corporation – (Investment of Bonyad Taavon Sepah – 03 May, 2016);

Also Known As:
Saipa Motor corporation
Saipa Group

Involved In:
Military Weapon Program


Saipa Co., 9th Km. of Karaj Special Rd.,14584, Tehran

(+98-21) 44196649,44197364

Web Site:


Person of interests:
Mohsen Ghasem jahroodi (President and CEO);

Saipa Diesel
Pars Khodro
Zamyad Co.

Reason for the color:
» Shareholders of SAIPA Corporation;
» Subsidiary of the Industrial Development and Renovation Organization of Iran – Government body responsible for acceleration of Iran’s industrialization. Controls various companies involved in work for the nuclear and missile programs and involved in the foreign procurement of advanced manufacturing technology in order to support them. Former IRGC commander, former KAA head, and US and EU-sanctioned Rostam Ghasemi holds a position on the IDRO board of directors;
» SAIPA to produce Citroen crossover in Iran;
» Iran’s Saipa has exported $1.2 billion in car;