Info:
Owner of Saipa Corp. is The Industrial Development & Renovation Organization of Iran (IDRO)
with 17.3% shares. IDRO is added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control on 11/5/2018 for being owned or controlled by the Iranian regime;
According to reports, terrorist organizaiton – IRGC owns 4% of SAIPA corporation – (Investment of Bonyad Taavon Sepah – 03 May, 2016);
Also Known As:
Saipa Motor corporation
Saipa Group
SAIPA
Involved In:
Military Weapon Program
Country:
Iran
Address:
Saipa Co., 9th Km. of Karaj Special Rd.,14584, Tehran
Phone:
(+98-21) 44196649,44197364
Web Site:
www.saipacorp.com
E-Mail:
saipa@saipacorp.com
Person of interests:
Mohsen Ghasem jahroodi (President and CEO);
Subsidaries:
Saipa Diesel
Pars Khodro
Zamyad Co.
Reason for the color:
» Shareholders of SAIPA Corporation;
» Subsidiary of the Industrial Development and Renovation Organization of Iran – Government body responsible for acceleration of Iran’s industrialization. Controls various companies involved in work for the nuclear and missile programs and involved in the foreign procurement of advanced manufacturing technology in order to support them. Former IRGC commander, former KAA head, and US and EU-sanctioned Rostam Ghasemi holds a position on the IDRO board of directors;
» SAIPA to produce Citroen crossover in Iran;
» Iran’s Saipa has exported $1.2 billion in car;