Pars Electric Manufacturing Company Public Joint Stock (Iran)

Pars Electric Manufacturing Company Public Joint Stock, located in Tehran, was registered as a limited liability company in March 1341 with a capital of five million Rials. It later changed to a private limited company in December 1346 and then became a public stock company in November 1354. The company was accepted by the Tehran Stock Exchange Organization after the victory of the Islamic Revolution. In 1371, Pars Electric Industries Company was transferred from the Ministry of National Industries of Iran to the Social Security Organization as part of the government's policy to hand over companies to non-government sectors. The mission of Pars Electric Factories is to provide quality products and services using modern technology and continuous innovation, relying on expert human capital. Their goal is to gain customer loyalty and sustainable shareholder satisfaction, as well as to play a central role in the industrial and economic development of Iran. The vision of Pars Electric Factory is to be a leader in creativity, innovation, and entrepreneurship, offering distinctive products and services with the best quality and price. They aim to become the top brand in Iran and take the lead in the electronics industry of the country. Additionally, they strive to increase their share of production as a leading organization in quality and economic production, while maintaining a continuous presence in the world market.