Description

Pars Garma Co.

Establishment Date

The company was initially established in 1960 named as “Diba”. In 1964, its name changed into Calory Industrial Co. Finally, in 1994, the name of the company changed into Pars Garma Construction & Industrial Co.

Type of Activity

1. All areas related to design and execution of construction, manufacturing and mine projects and procurement of materials, machineries, tools and related necessary parts from inside the country or abroad

2. Entering into partnership with other new companies or undertaking their shares and/or buying and/or undertaking shares of existing companies

3. Generally, the company may do all financial, trade and industrial transactions and engage in all operations which are directly or indirectly relevant to all or each area specified above.

Capital

140,000,000,000 Rls.

Description

Fanavaran Parsian Industrial Projects Co.

Establishment Date

2002

Type of Activity

1. Designing and executing all industrial and installation projects

2. Importing and exporting different types of machineries, parts, construction materials; producing, buying and selling different types of construction, installation and industrial materials; and any authorized sale and purchase appertaining to the subject of the company

3. Executing all operations related to key industrial projects that are underway including procurement engineering, construction supply and management in all or parts of the above-said activities E.P.C.M.

4. Obtaining technology and carrying out design, basic engineering and detailed engineering of construction and industrial projects

5. Constructing, procuring, installing and commissioning the equipment and machineries

6. Procuring implements and machineries as to industrial projects from domestic and foreign manufacturers

7. Funding for performing project activities through international credit lines

8. Entering into civil partnerships and consortiums with other legal entities for taking part in projects and tenders

Capital

50,000,000,000 Rls.

Shareholders

Pars Garma Co.: 100%

Description

Pars Banaye Sadr Industrial Construction Co.

Establishment Date

2003

Type of Activity

1. Designing and executing all industrial and installation projects

2. Carrying out dry dock and port projects

3. Buying and selling different types of construction, installation and industrial materials as well as heavy and semi-heavy machineries

4. Importing and exporting different types of machineries, production materials and all commercial goods

5. Designing and offering engineering services as to all activities related to mining

6. Carrying out mine blasting operations and activities related to them

Capital

20,000,000,000 Rls.

Shareholders

Pars Garma Co.: 100%

Description

Parsian Sazeh Iranian (PSI)

Establishment Date

JUNE 17 , 2012

Type of Activity

1. Designing, executing, procuring, constructing, installing and commissioning industrial units including equipment relevant to oil, gas, petrochemical, mine, steel and power plant industries as well as water, gas and oil transfer linesin the form of EPC and EPCF (basic and detailed execution engineering, procurement and execution) inside the country and abroad

2. Designing, constructing, procuring, installing and commissioning different types of spherical tanks, storage tanks, pressure vessels, heat exchangers, different types of furnaces and other similar equipment as well as producing forging, machining and casting parts

3. Providing industrial and managerial consultation, and carrying out industrial and construction projects inside the country or abroad

4. Entering into partnership and investment with all real and legal entities inside the country or abroad appertaining to the subject matter of the company

5. Obtaining agencies from other companies and importing as well as exporting all authorized commercial commodities

Capital

10,000,000,000 Rls.

Shareholders

Pars Garma Co.: 98%, Fanavaran Parsian Industrial Projects Co.: 1% and Pars Banaye Sadr Industrial Construction Co.: 1%