Rena Investment Company was established in 1976 with the main
objective of investing in the country’s emerging automotive industry. After the
Islamic Revolution of 1979, Rena Investment Company was taken over by the government-owned
Industrial Development and Renovation Organization (IDRO), which began to use the company
as investment and management arm for various industrial projects.
In 1995, Rena Investment Company was listed at the Tehran Stock
Exchange. In recent years, Rena Investment Company has started to diversify its investment
portfolio. Thus, today the company is not only active in Iran’s automotive sector,
but also has investments in the country’s petrochemical, food and mining industry.
Rena Investment Co. has an issued share capital of IRR 453.6
billion. The overview of investment portfolio at Dec. 11
th, 2001 is
as follows:
Name |
No. |
Book Value |
Market Value |
Companies in the TSE |
24 |
370,554 |
619,324 |
Compaines not in the TSE |
13 |
91,594 |
91,594 |
| Total |
37 |
462,148 |
710,918 |
RENA Industrial Group Investment
Co.
202
Sepahbod Gharani Ave., Tehran – IRAN
Tel: (+98 21) 890 20 63
Fax: (+98 21) 889 54 38
E-mail: info@renainvestment.com
http://www.renainvestment.com
