Iranian Privatization Organization

During the second international accounting conference, the head of Iranian Privatization Organization (IPO) announced that Dana and Asia Insurance Companies will be privatized till the Next Two Weeks.

39% of the divested shares of the state companies were divested to the private sector through the stock exchange, 15% through the negotiation and 45% through the tender method in this November.

60 million State shares, with the value of more than 1000 billion Rls. were privatized in the second month of this Autumn.

The head of the Iranian Privatization Organization (IPO) announced that two Iranian automobile industry’s giants (Iran Khodro and Saipa) will be divested till the current year (The middle of March of 2009).

The Consortium buyer of telecommunications shares paid the 20% transaction price in cash (Equivalent 16000 billion Rls)

11 October, block 9.04 percent of Isfahan Refinery will be divested through the stock market.

Stock Exchange Corporation deputy chairman said: Wednesday (7, Oct. 2009), it will be determined the price of Alborz Insurance shares in the first offer, in the floor.

Deputy oil minister announced to divest some parts of National Iranian Gas Company (NIGC) shares in Malaysia stock market

Head of Iranian Privatization Organization, Gholamreza Heidari Kord-zangane said that some negotiations have been done with active and experienced companies on divestiture of the shares of Iranian companies in international stock markets. Some related requests have received, too.

21,027,876,964 shares of ministry of industry and mines companies shares have been divested in the ninth government.