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Machine Sazi Tabriz Group Company Public Joint Stock Manufacturer Of Machine Tools (Iran)

Main Activities: Other Electrical Equipment and Component Manufacturing
Full name: Machine Sazi Tabriz Group Company Public Joint Stock Manufacturer Of Machine Tools Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Main Activity Of The Company Is transfer of technology and Manufacture of Original Equipment and Machine Tools with the technological cooperation of European countries in industrial zone, Tabriz City. The key purpose was to manufacture various kind of machine tools, industrial compressors, pumps, electric motors, fork lift, different types of diesel engines, textile machinery etc.
The Company was established as Private Company and registered in the commercial registeration under number 517 On 3 December 1966.
The Company Started it s Activity on 21 March 1972.
The Company Changed it s Legal Form to be Public Joint Stock on 7 May 1997.
The Company was listed in Iran Fara bourse on 4 July 2020.

The plan to establish a Tabriz machinery factory based on the technical and economic cooperation agreement between the governments of Iran and the former Czechoslovakia with the aim of producing various types of machinery, industrial compressors, water pumps, electric motors, lift trucks, diesel engines, textile machinery, was concluded and is in the final stage. It was implemented and the exploitation of this great project began in 1351.
During the implementation of this plan and since 1348, the need for changes in the cooperation program of the two countries was raised by the Iran Industrial Development and Modernization Organization and the desire to absorb the technologies of Western Europe and the United States was considered by the organization s experts, and after that, the plan to produce diesel engines from Machine-building programs were removed and it was decided that it would be implemented by using the technology of western countries and building a new factory next to the Tabriz machine-building factory.
From 1349 and before practical operation, the expansion organization emphasized the production of machinery with the license of Czechoslovakia for Tabriz Machinery Company and predicted the rest of the products in the initial plan with the cooperation and participation of Western and American countries and under the title of projects The development of machine building in Tabriz and with the technology of the above countries is coming to a stage. Following this planning, for the production of water pumps, with the K.S.B company of Germany, and subsequently for the production of industrial compressors, with an English company, and for the production of electric motors with the American GOLD company, as well as lift trucks and diesel engines with another English company, a contract was concluded. Technology was concluded. In this way, the remaining capacities from the implementation of the initial plan for the Tabriz Machinery Company, including the following machine tools, were implemented

Headquarters
Karamelk Industrial Zone, Po Box: 518-183
Tabriz; Azerbaijan, East; Postal Code: 5197713141

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Website: http://www.mst.ir

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1966
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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98.28%
Company Performance
Financial values in the chart are available after Machine Sazi Tabriz Group Company Public Joint Stock Manufacturer Of Machine Tools report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IRR. Absolute financial data is included in the purchased report.
Net sales revenue
99.96%
Total operating revenue
96.83%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
21.03%
Total equity
20.75%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Quick Ratio
0.14%
Cash Ratio
0.04%

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