Iran Khodro Investment Development Company (IKIDO) started its activity in 1998 aiming at organizing investment activities of all companies affiliated to Iran Khodro Industrial Group (IKCO) in order to increase their capacities and to supply automotive parts and components required for the manufacturing lines of IKCO.
Since it was necessary to enter finance and capital markets, IKCO decided to lay the groundwork for its economic activities in IKIDO. Therefore Iran Khodro Industrial Development Co. (Private Joint Stock) was renamed as Iran Khodro Investment Development Company (Public Joint Stock) in late 2003 and the mission of the company switched from manufacturing capacity building to capital management through investment in companies, initiating new profit making economic entities and entering the capital markets.
IKIDO as the first investment development holding company in automotive industry, has played a major and priceless role in developing and finalizing auto industry value chain. In compliance with it’s mission statement, IKIDO is aiming to achieve the title of the most outstanding local investment company as well as gaining a constant and effective presence in International markets and Industrial and financial areas.
Vision of Company:
One of the top five investment holding companies of Iran according to investment returns and benefits from managerial and human resource power and new technologies
Mission of Company:
Improve productivity and profitability of affiliated companies in order to ensure customer satisfaction, stakeholder assets value growth and increase income through value-added financial and economic activities and benefiting from opportunities through the resources of money and capital market.
– Increase investment returns
– Reduce costs
– Increase income opportunities
– Improve productivity of assets
– Create synergy and network among affiliated companies
– Promote human resource capabilities