Founded in 1966 as “Production des Automobiles Citroën Iranienne”, SAIPA was renamed in 1975, marking a major step in its evolution toward independent industrial development. The company later reached another milestone with its listing on Tehran Securities Exchange, reinforcing its financial standing and corporate transparency.
In recognition of SAIPA’s 30-year presence alongside TSE, a commemorative listing icon was presented to the automaker’s CEO by Dr. Mahmoud Goudarzi, the CEO of TSE
With an extensive supply chain, a nationwide service network, more than 80 subsidiary companies and nearly 40,000 employees, SAIPA plays a central role in the Iranian automotive market. The company works with over 1,000 suppliers across the country and has an annual production capacity of 950,000 vehicles.
Currently, 26 companies in “Motor Vehicles and Auto Parts” industry are listed at TSE and SAIPA, with a market capitalization of IRR 930 trillion, holds the second-place ranking and plays a key role as a market driver on TSE.
The ceremony, which was accompanied by a media Q&A session, provided an opportunity for closer interaction between listed issuers and capital market participants. During the event, journalists held discussions with SAIPA’s senior executives regarding the company’s performance, development plans and future outlook.
