Subsidiary companies
Tose‘e Melli Investment Company
The Tose‘e Melli Investment Company, known as Vatosam, was established in 2003. This company has earned a reputation as a dynamic entity within the country’s capital market. It is proud to actively contribute to expanding public participation in productive investments and democratizing the economy, making it one of the most active firms in the stock exchange. Vatosam, with the guidance and support of the National Development Group’s investments and utilizing valuable human capital, has made a significant impact on various market investments. Based on its strategic objectives, the company aligns with other capital market components to achieve national economic development and foster growth in the real economy, securing a distinguished position in this endeavor.
Melli International Building & Industry Company
Established as a private joint stock entity in 2003, the Melli International Building & Industry Company specializes in a wide range of ventures.
Company Activities
The company is actively involved in investing and partnering in various construction, engineering, production, and service projects and managing them efficiently. It focuses on renovation, modernization, management, maintenance, improvement, and expansion of different projects and companies, providing all necessary construction and engineering services to institutions.
Furthermore, the company leverages financial and credit facilities from both domestic and international banks and financial institutions. It is also engaged in issuing participatory bonds and trading all types of securities and company shares locally and abroad.
The company participates in and executes large-scale construction projects and engages in purchasing and selling real estate and buildings, both jointly and per square meter basis. Additionally, it undertakes obtaining and granting any form of representation domestically and internationally and acquiring any licenses necessary to conduct its operations. Overall, the company carries out all legally permissible activities that directly or indirectly support its goals.
Negah Pouya Development Management Company
Negah Pouya Development Management Company (Private Joint Stock) was established on February 3, 2007, with the aim of optimizing the investment process and fully utilizing the capabilities of its subsidiaries to manage financial and human resources in line with advancing the goals of the Islamic Republic of Iran and enhancing the economic position of the National Development Group Investment Company.
Negah Pouya Development Management Company, with its various potentials and connections, along with the support and capabilities available from Bank Melli Iran, the National Development Group, and its affiliated companies, provides an appropriate platform to increase synergies between them. By utilizing legal and financial avenues suitable for different types of activities, it creates a beneficial financial and intellectual cycle within the esteemed Bank Melli Iran conglomerate. This approach not only supports the production and distribution of products from various factories and provides financial and legal expertise but also generates more income and added value for the group.
Cement Industry Investment and Development Company
Established in 2003, the Cement Investment and Development Company, symbolized by SIDCO, focuses on enhancing the cement industry.
Company Objectives
- Optimize asset and investment management within the cement sector while divesting from unprofitable, low-yield, and unrelated businesses.
- Improve and restructure the stock portfolio of companies to boost market share.
- Implement cutting-edge marketing strategies and sales engineering to maintain and expand domestic and export markets, thereby increasing market influence in subsidiary companies.
- Expand production, domestic sales, and exports compared to competitors and establish competitive advantages.
- Enhance capacity, quality, and product diversity taking advantage of existing competitive strengths in subsidiary companies.
- Elevate productivity metrics, strengthen organizational capabilities, and develop human resources both qualitatively and quantitatively in the subsidiaries.
- Revise and improve management structures and practices within subsidiaries.
- Achieve the highest customer satisfaction standards in the industry and become the preferred customer choice.
- Develop and expand technological, scientific, and managerial capacities within the subsidiaries.
- Create an up-to-date and efficient information system through systematic and software advancement in subsidiaries.
- Utilize modern financial tools and strategies for managing the financial resources of subsidiaries.
- Foster synergy and manage the value chain across subsidiaries.
- Optimize fuel and energy management to reduce their cost impact on product pricing in subsidiaries.
- Commit to sustainable environmental practices and lead in social responsibility efforts.
Behsahar Industrial Development Company
Behshahr Holding
Behshahr Industries Development is a multi-disciplinary holding that by attracting and optimally managing funds, using value-creating methods, increasing productivity and asset efficiency of group member companies, portfolio management, and strengthening the competitive advantage of companies in the service and production sectors along with the development and transformation of capital His humanity, and having a learning and flexible organization by employing all talents, works with the aim of creating value and improving entrepreneurship in society, and sustainable growth of equity returns.
Company introduction
Behshahr Industries Development Company (public stock) was registered in Tehran Companies and Industrial Property Registration Office under number 14393 under number 14393 and according to the decision dated 05/20/1350 of the Extraordinary General Assembly to Behshahr Industries Development Company (Special Shares) has been renamed and has been admitted to the Securities and Exchange Organization since 1353. This company is the first company whose shares were handed over to the general public by the government of the Islamic Republic of Iran in line with the privatization policy.
Company activity
According to the articles of association, the purpose of the company is to invest in the shares of companies by buying and selling their shares, buying and selling securities and participating in banks and other companies. Currently, due to its successful and long-term presence in the food industry as well as its core capability, i.e. product distribution, this company has concentrated its investments in the edible oil industry, milk industry, sugar industry, and detergent and hygiene industry. In addition to the above industries, this company, based on its existing managerial and specialized capacities, in its long-term investment portfolio according to its long-standing strategy and in the direction of creating a sustainable income stream, in relation to investing in industries such as banking, insurance, construction and investment companies. It has acted as a complement to the supply chain of existing activities.
Company capital
During the payment of 250 riyals, the capital of the company was divided into 25,000 people and 10,000 riyals were paid in full, which was done in several stages. The registered capital of the company on 12/29/2016 was 8,250 billion riyals divided into 8,250 million shares of 1,000 riyals each. It is worth mentioning that the last capital increase of the company was related to the decisions of the extraordinary meeting dated 27/01/2016, during which the amount of 7.021 billion Rials was invested in the amount of 8.250 million Rials (at the rate of 17.5 percent) from materials and cash. is The shareholders have grown and it has been registered on 08/10/2016.
Pars National Agriculture and Livestock Company
The establishment of Pars Melli Agricultural and Livestock Company
originated from the need to optimally utilize 90,000 hectares of land within the irrigation network of the Mogan Plain. Approximately 63,400 hectares of this land came under the ownership of Mogan Agro-Industry and Livestock Company. Given that over 18,000 hectares were located south of the main irrigation network, these lands required water supplied via pumping from the main canals and distributed upstream. Implementing this project necessitated financial resources to introduce modern irrigation technology to these areas.
In light of these needs, Pars Melli Agricultural and Livestock Company was founded in 1987 as a productive and economic entity to manage a portion of the upstream lands of the Mogan Agro-Industry Company. Notably, this company stands as one of the enterprises established post the Islamic Revolution.
Primary Activities of the Company:
The core activities of Pars National Cultivation, Industry, and Livestock Company encompass the development and implementation of plans and projects related to agricultural matters. These include cultivation, livestock farming, poultry breeding, aquaculture, horticulture, off-season crop production, and greenhouse management. To achieve its objectives, the company pursues the following initiatives without restrictions:
- Establishing research centers and conducting scientific and technical studies to develop seeds and seedlings, employing modern scientific methods to enhance productivity and efficiency.
- Developing essential facilities and industries for the production, processing, and distribution of agricultural goods in alignment with the activities outlined in section (a).
- Engaging in reciprocal investments and collaborations with domestic and international institutions, companies, educational centers, research organizations, and knowledge-driven enterprises, all within the framework of relevant regulations.
- Undertaking any commercial operations and transactions, including imports and exports, deemed necessary, beneficial, and economically advantageous for the company’s interests.