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6 Major Iranian Public Firms to Be Privatized

Most of the assets are underperforming and financially struggling
Iran Privatization Organization listed 337 public companies for their shares to be transferred in the ongoing fiscal year.Iran Privatization Organization listed 337 public companies for their shares to be transferred in the ongoing fiscal year.
The government sold 4.54 trillion rials ($98.27 million) worth of public companies’ shares to the private sector in the first 10 months of the current Iranian year (March 21-Jan. 20)

Iranian Privatization Organization is scheduled to transfer the shares of six public companies to the private sector in the current Iranian month (started Feb. 20).
The companies include Iran Aluminum Company, Esfahan Steel Company, Ahwaz Rolling and Pipe Mills Company and Amin Reinsurance, as well as Alborz and Asia insurance companies. Their shares will be put up for sale on the equity market and offered via tenders.
Most of the assets are underperforming and financially struggling.

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