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Company type | Public |
---|---|
مادیرا | |
Industry | Conglomerate |
Founded | 1964 |
Headquarters | Vanak, Tehran, Iran |
Products |
Technology Electronic Banking Office equipment Support |
Number of employees | 1400 |
Subsidiaries | Maadiran Building Management Services Simorgh Property Development |
The Maadiran Group is an Iranian conglomerate group composed of a public company as well as private entities. The group is a multi-generational family company. The core business of the Maadiran Group revolves around technology manufacturing, distribution, solutions and support services. It has also expanded into banking, finance, property development, biodegradables and plastics manufacturing. The manufacturing arm of the group held an IPO in 2018 and trades under the ticker "مادیرا" on Iran's Farabourse.
The Maadiran Group was established in 1964 and was formerly known as Iran Office Machines Company Ltd. [1] Contemporarily, Maadiran has own-brand product lines including specialised technical solutions and consumables operating under the brand name Meva, AV and home appliance products being sold under X-Vision brand, lifestyle products under the xelle brand, and biodegradable products under Kisabz. In 2013 it launched a property development arm, Simorgh Property Development, which focuses on the affordable and middle-income segments of the Iranian market.
The original Maadiran logo consisted of two bars with the company name written in both Persian and English inside the bars.