Iran Khodro Investment Development

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

Info:
Iran Khodro Investment Development it is Iranian-based Company.

According to their official website Iran Khodro Investment Developmeny Company shareholders are Parsian Bank and Iran Khodro;

One of biggest sharerholder in Iran Khodro Group is IDRO – State-owned enterprise associated with Iran’s Ministry of Industries and Mines. IDRO – 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. 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. Also Parsian Bank is added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 10.16.2018 pursuant to Executive Order 13224, for assisting, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of, Andisheh Mehvaran Investment Company;

Iran Khodro Manufacturing Firms: Nirou Moharekeh Industerial Co., Mehr Cam Pars Co., Iran Khodro, Axle Manufacturing Co. (IKAMCO), Iran Khodro Aluminium Casting Co. (IKACO), Iran Khodro Casting Industrial Co. (IKCI), Khavar Spring Manufacturing Co. (KSM);

Also Known As:
IKIDO

Country:
Iran

Address:
Tehran – 14 km of Karaj Special Road (Shahid Lashgari Highway), Iran Khodro Co.

Phone:
48901 (021)

Website:
www.ikido.org

E-mail:
[email protected]

Subsidiaries:
Parsian Bank
Tom Iran Khodro
Cooperative Credentials of Iran Khodro Industrial Group
Samand Investment Company
List of subsidiaries

Shareholders:
Iran Khodro (58.29)
Parsian Bank (13.94)
Fixed Income Fund Kowsar (2.66)
Other (25.11)

Person of interests:
Mohsen Nahdi Brothers (Non-executive member of board of directors – representative of Iran Khodro after sales service company)
Seyyed Mahdi Jalali (Managing Director and member of the board of directors-representative of Iran Khodro Industrial Engineering Services Co.)
Alireza Kazizi (Non-executive member of the board of directors – representative of Iran Khodro’s special cooperative company)
Ali Sheikhi (Chairman of the Board of Directors and Non-Executive Member – Representative of Iran Khodro Khorasan Co.)
Abbas Khosravani (Non-executive member of board of directors – representative of Tom Iran Khodro Co.)

Reason for the color:
» Iran Khodro Investment Development IKIDO it is owned or controlled by Iran Khodro;

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