Iranian Privatization Organization

A Board member of Iran Privatization Organization (IPO) stated:?In the most prominent auction of Iran Privatization Organization (IPO) from the beginning of current Persian calendar year, 21st March 2018, to date, a total of 11 companies, warehouses and grain depots with total value of 1,914 billion Rials, out of 16 were divested to the private sector.

Advisor to the head of Iran Privatization Organization stated: In the past year almost 100 percent of divestitures were made to real private sector.

Total divestiture of Moghan Agro-Industry and Livestock Company to take place through auction on July 24th2018 by Iran Privatization Organization (IPO).

Iran Privatization Organization (IPO) auctioned Iran Helicopter Company.

Iran Privatization Organization (IPO) has auctioned a total 1025 billion Rial worth of state-owned assets and stocks in the current Persian calendar year, beginning from 21st March 2018.

A total 1,505,000 number of shares of Agricultural Support Services Company (ASSC) to be auctioned.

Davoodkhani, Deputy for Planning, Development of Resources & Support Affairs of Iran Privatization Organization (IPO) stated: Results of supervisions and probes into the divested state-owned companies to private sector indicated enhanced efficiency and significant improvementsin corporate governance.

Divestiture of total number of 21 state-owned assets and companies is on the government?s agenda during 22nd May to 21st June 2018.

Block trade of 11.44 percent shares of Amin Reinsurance Company to be divested on June 18th 2018 through Iran Fara-Bourse (IFB).

Block trade of 17.34 percent shares of Alborz Reinsurance Company to take place on June 18th 2018.