Tehran Times - Irans Industrial Development and Renovation Organization (IDRO) signed a memorandum of understanding with a consortium of seven domestic companies on production of 10 million tons of steel in Persian Gulf Mining and Metal Industries Special Economic Zone (PGSEZ) in the southern province of Hormozgan. The MOU was signed at the place ...

MNA In a meeting between a visiting Russian industrial delegation and Behzad Etemadi the deputy head of Irans Industrial Development and Renovation Organization (IDRO) on Tuesday, the Russians accorded to help Iran renovate its commercial fleet. As Etemadi informed, the Russian industrialists also voiced readiness for opening credit lines and other ...

IRNA - The production capacity for construction of the equipment of the main refineries packages increased significantly and a new record for self-sufficiency in the production of heavy pumps and vertical and horizontal centrifuge pumps was obtained. Deputy Energy Minister of the Industrial Development and Renovation Organization (IDRO) Hamid Bazarganan ...

Tasnim The ambassador of Finland to Tehran said Helsinki, Copenhagen and Stockholm have signed an agreement with Iran's IDRO Group to improve cooperation in various fields, including oil and renewable energies. Finland, Denmark and Sweden signed an MoU with IDRO of Iran to promote collaboration in in the fields of oil & gas, high-tech, transportation,...

Press TV- Chinas CRRC Nanjing Puzhen Rail Transport on Wednesday signed a contract with Irans IDRO Group to supply 450 metro cars for the Iranian cities of Ahvaz, Tabriz and Shiraz. The company, a subsidiary of Chinas railway giant CRRC Corps, undertook to provide funds up to 85% of the project as well as parts for assembly at Iranian train manufacturing ...

Press TV - Indias ONGC Videsh Ltd (OVL) has signed a cooperation agreement with Irans IDRO Oil to jointly bid for a $900 million development plan of Susangerd oilfield in southwest Iran, IRNA reported on Tuesday. The agreement is similar to the one which IDRO Oil signed with Russias Zarubezhneft last month in order to qualify for negotiating ...

Sputnik - Irans Development and Renovation Organization (IDRO) and Russian Helicopters Company plan to team up to assemble light Russian helicopters in the Islamic Republic, IDROs deputy director Abolfazl Kiani Bakhtiari announced. Mr. Bakhtiari said that apart fromthe Russian Ka-226 and Ansat light multirole helicopters the Iranians would ...

Forbes | Dominic Dudley: On August 7, Renault signed a joint venture agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and Parto Negin Naseh, a local vehicle importer. The new joint venture, in which Renault will be the majority shareholder, will produce up to 150,000 vehicles and engines a year in Iran,...

IRNA | Mohammad Babaei: French automaker Renault signed on Monday a long-awaited joint venture deal with Iran worth 660 million euros ($779 million) to build up to 300,000 cars per year. The new deal puts Renault in partnership with Iran's state Industrial Development and Renovation Organisation (IDRO) and private firm Parto Negin Naseh.   ...

Forbes | Wade Shepard: Russia and Iran signed a $2.5 billion dealon Monday to start up a much-needed rail wagon production operation.The agreementwas forged between the Industrial Development and Renovation Organization of Iran (IDRO) and Transmashholding, who is Russias largest rail equipment supplier. The two sides will set up a new joint venture,...

MNA Irans Industrial Development & Renovation Organization (IDRO) has signed a 2.5bn contract with Russian Transmashholding Company to establish a joint venture for manufacturing metro wagons. Under the contract, Iran and Russia will cooperate on designing, research and development, manufacturing and maintenance and various types of metro wagons....

Press TV- Irans IDRO Group says it plans to develop the Susangerd oil field in the countrys southwest in partnership with a reputable international company. IDRO received a permit from the Ministry of Petroleum for carrying out studies on the field in May, its Managing Director Mansour Moazzami told Fars news agency. We have chosen a reputable ...

Oil Price - Iran expects around US$50 billion worth of oil contracts to launch their operational phases next year, according to Fardad Daliri, director of investment at the Industrial Development and Renovation Organization (IDRO) of Iran. The Islamic Republic is inviting local and foreign companies to take part in oilfield development projects ...

MNA Industrial Development and Renovation Organization of Iran (IDRO), Islamic Republic of Iran Shipping Lines (IRISL), and National Iranian Tanker Company (NITC) have signed a contract to build and repair ships. Speaking at the contract-signing ceremony, Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh pointed to the significance ...

Financial Tribune - 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). The Ministry of Industries, Mining and Trade aims to increase Irans annual auto production to 3 million units by 2025," Fardad Daliri said ...

Azer News- Industrial Development& RenovationOrganizationofIran, known as IDRO Group, plans to build 2,000 railway wagons jointly with the German company, whose name has not been disclosed. The share of Irans investment in construction of wagons will amount to 55 percent and these wagons will be used in nine major cities of the country, said ...